France Property Investment News

Tax reforms 'set to make France more popular'

Tax reforms 'set to make France more popular'

Recent changes to the tax regime in France could help attract more property buyers to the country, according to a media outlet.

The Daily Mail described it as the "world's favourite tourist destination", as well as a hotspot of activity among overseas property investors.

However, it stated that a number of factors, such as its reformed inheritance tax laws, would help boost its popularity even further.

Following his election last year, President Nicolas Sarkozy raised the tax threshold by 300 per cent, which means that only the most affluent people will be liable to pay the charge.

The newspaper added that recent accessibility improvements between the UK and France would also help attract more property buyers to the country.

A high-speed rail link between London and Paris was launched by Eurostar last November.

According to experts such as currency specialist HiFX, this has triggered a surge of interest in the French housing market among British investors.

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