The French property dream can so easily turn into the French property nightmare – if you don't know what you're doing. Buying is easy, selling is very difficult, but the biggest problem is the way the French treat owners of second homes. Did you know that:
• The top rate of French CGT is 96.5%?
• You can be forced to pay CGT on your own furniture?
• You can end up paying massive fees even if you make a capital loss when you sell?
• You can be assessed as a French tax resident and pay wealth tax on your world-wide assets even if you've never set foot in France?
But it's not just about French tax. This book also explains the problems of dealing with French estate agents, and how to solve them. And perhaps most important of all, it tells you exactly what you must do when employing a French tradesman, and also what you must never do, for your own financial well-being.
Written by somebody who has just survived the linked processes of buying and selling a property in France, The French Property Nightmare is the one book that you must read before you even think about buying into the French property dream.