Thursday 2 June 2011

Rich pickings for property hunters in France

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Photo by wisdomeur

According to the Telegraph .....

Property pickings are anything but slim in La France profonde. From pieds-a-terre in Paris and luxury chalets in the Alps to vintage mas in the Midi, the real estate bounty epitomises its diversity. A country more than twice the size of the UK yet with a similar population, it attracts many Britons every year, who relocate there to grow old gracefully, to work, or simply for a change of pace. Millions more dream of joining them, attracted by the temperate climate, rich culture and hugely varied landscape.

What about the Tax situation?

Those looking to put down roots may be put off by headline tax rates, but many expats find the move across La Manche to be financially beneficial. Take the top rate of income tax in France – 41 per cent – versus 50 per cent in the UK, with the lowest and mid-tier rates at just 5.5 per cent and 14 per cent respectively.

Where to Look?
Telegraph highlights: They are recommending Paris, Gironde and Languedoc-Roussillon. 1st for French Property agree with the analysis (especially the Pyrenees-Orientales and Aude) but would also recommend looking at the Midi-Pyrenees.

References:
Rich pickings for property hunters in France
Languedoc-Roussillon Property
Gironde Property
Midi-Pyrenees Property

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