TAXES RISE FOR NON-RES­I­DENTS IN PARIS

Living France - - LES PRATIQUES -

Brits with prop­erty in Paris may face new taxes as city of­fi­cials try to deal with the cap­i­tal’s hous­ing short­age.

In an ef­fort to stop for­eign own­ers leav­ing their prop­erty empty, the new mea­sure would in­crease the taxe d’habi­ta­tion that non-res­i­dents have to pay to 60%, up from the cur­rent 20%.

Homes owned by non-res­i­dents cur­rently make up 10% of the 1.1 mil­lion homes in Paris. It is hoped that the pro­posed rise in coun­cil tax for non-res­i­dent own­ers would bring an ex­tra €43 mil­lion into Paris, and make more af­ford­able hous­ing avail­able to per­ma­nent Parisians.

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