Monday, December 3, 2012

This is the time to purchase RE in Paris, France !

This Paris Life
""Tax-fleeing French Create Home Buying Opportunities
Posted: 27 Nov 2012 01:48 PM PST
“Au revoir” is what many wealthy French property owners are saying to France as they flee to avoid the government’s proposed 2013 revenue squeeze on the wealthy. With a possible 75% tax rate on salaries above $1.3 million, plus increases on capital gains, many affluent are selling their French residences and moving to tax friendlier locales. Others are poised to s ell if the tax hikes take effect as expected. As a result, inventory in the high-end of France’s housing market is increasing. For buyers who are not primary residents of France, this is a boom. They won’t be subject to the punishing taxes, have more residences to choose from, and growing inventory levels may cause prices to soften. If you have affluent clients who dream of a French chateau or an apartment overlooking the rooftops of Paris, now may be the time to suggest they shop for a second home in France. Can you say “bargain price” in French? Try “prix d'occasion.”""

 * from The Institute For Luxury Home Marketing !

Need to refer a client to France? Give me a call, i work international real estate through my international  network with agents around the world on Proxio, the international MLS.

All the Best,
Esperanza Franky "espie"
Realtor
Member of The Institute for Luxury Home Marketing
Certified Strategic Marketing Specialist
"Selling Miami Estates" team with One Premier International Realty

Cell: 305.283.5868    
Follow us on Twitter:  @espiefranky
 

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