service france
Tax-efficient package for developers

Individuals who are resident in countries which do not have a double tax
treaty with France, such as Hong Kong, the Channel Islands and Monaco,
as well as individuals resident in countries which have a very low or no
capital gains tax, are generally put off investing in French property
with a view to selling on at a gain because France imposes capital gains
tax on the profit at typically 33.5%. The capital gains tax is withheld
at source by the notaire on the sale of the property, which makes such
an investment even more unattractive.
Sykes Anderson LLP offer a tax-efficient package which allows such
investors to purchase French property with a view to re-sale at a gain
with a total tax charge of approximately 2% on the gain and with no tax
withheld by the notaire in France.