In this regard, the market appeared substantial deficits Paris apartments, according to The Atlantic Cities. For obvious reasons, the French government is in no hurry to end the housing boom in the capital, but the old law of the lease is recognized as futile. The new French president Francois Hollande is going to make a few changes aimed primarily at wealthy foreigners in the existing legislation.
Related article: How to make a corporate event? Rent a village in Europe!First, the tax on income from property rental can be raised from 20% to 35.5%. The capital gains tax will also increase and will be 34.5% instead of the current 19%. Just around the corner and a tax on idle apartments, which will be designed to encourage property owners to take shelter in the lease.
Experts believe that such innovations discourage foreign investors from the French capital, hurting the real estate market in Paris. Already rich massively migrate to Belgium, Great Britain and Switzerland to escape the tax on the income the size of 75%.
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