Archive for the ‘Politics’ Category

French property prices continue to rise whilst Capital Gains tax laws are changed….

The latest report from the FNAIM shows house prices rising for the 5th consecutive quarter. The report covers the second quarter of 2011 (April – June) and is available on www.fnaim.fr. Prices of properties sold by FNAIM members saw an average rise of 3.3% over the previous quarter with a strong rise (4.3%) in properties [...]

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Sarkozy drops proposed French property tax.

A proposed tax on second homes in France has been dropped by the French president.  Only approved as a law last week, the “second home tax” could have affected many of the 360,000 non-resident French property owners. The  20% tax was to have been levied on second homes in France owned by non-residents and calculated [...]

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