In short…
The Corsica FIP (FIP Corse) finances SMEs based in Corsica and gives an income-tax reduction of 30% — well above the 18% of a standard FIP — up to €12,000 (single) or €24,000 (couple). The enhanced rate is more generous, but the risk is of the same nature: unlisted SMEs, a 5-year minimum lock-up, exit value not guaranteed. The boosted tax benefit never removes the need to examine the quality of the fund.
- 30% reduction of the subscription, against 18% for a standard FIP
- Same cap: €12,000 (single) / €24,000 (couple)
- Same SME risk and 5-year lock-up: the higher rate does not reduce the risk
Simulate your Corsica FIP reduction
The simulator applies the 30% rate and the cap. Your data is neither stored nor transmitted.
Corsica FIP simulator
The Corsica FIP offers an enhanced 30% income-tax reduction for financing island SMEs.
Results are provided for purely illustrative and educational purposes, based on the parameters you enter and simplified assumptions (2026 taxation, constant return, excluding inflation). They constitute neither personalised investment advice, nor tax advice, nor an offer to subscribe. Some investments carry a risk of capital loss. Before any decision, speak with an advisor.
Why the Corsica FIP’s enhanced rate appeals to high earners
The Corsica FIP is a FIP like any other, with one major difference: its income-tax reduction is raised to 30% of the subscription, against 18% for a standard FIP, in return for channelling the investment towards SMEs based in Corsica. For a heavily taxed individual, that twelve-point gap changes the equation: at the same cap, the tax saving is markedly larger.
This fiscal appeal answers a regional-development logic: supporting the island’s economic fabric, structurally more fragile, justifies an enhanced benefit. The investor finds a very favourable fiscal entry point into the unlisted regional economy — provided they do not confuse fiscal generosity with the safety of the investment.
For that is precisely the trap of a high rate: it can make you forget that the risk has not gone down. Unlisted Corsican SMEs present the same illiquidity and uncertainty profile as any SME financed by a FIP. The 30% benefit softens the entry further, but it does not turn a risky investment into a safe one.
The 3 watch-points of the Corsica FIP
Twelve extra points of reduction, for the same asset
At 30% rather than 18%, the Corsica FIP offers one of the best reduction-to-subscription ratios in the FIP-FCPI family. On €12,000 paid in, that is €3,600 of reduction instead of €2,160. For a high earner, the gap is significant. But it applies to the same kind of underlying: unlisted regional SMEs, with the same illiquidity horizon.
An unchanged risk, that no rate offsets
Unlisted SMEs, possible capital loss, exit value not guaranteed, a lock-up of at least 5 years and real liquidity often later: the risk profile of the Corsica FIP is identical to that of a standard FIP. The enhanced rate rewards the geographic targeting, it in no way reduces the economic risk. A poor fund stays a poor fund, even at a 30% reduction.
Management quality and fees drive final performance
Like any FIP, performance depends on the management team, its knowledge of the Corsican economic fabric and the fee level. The tax benefit is not enough to make a good investment: a Corsica FIP with high fees or poorly managed can underperform despite its 30%. The selection of the fund outweighs the headline rate alone — and the whole thing counts towards the global cap on tax breaks of €10,000 per year.
Worked example — Hélène, 50, notary in Aix-en-Provence
Hélène, taxed at 45%, is looking for a high-rate reduction lever for a measured part of her savings. She pays €12,000 into a Corsica FIP. Here is what the simulator calculates, without erasing the risk:
| Indicator | Corsica FIP (30%) | Standard FIP (18%) | Difference |
|---|---|---|---|
| Subscription | ≈ €12,000 | ≈ €12,000 | — |
| Tax reduction | ≈ €3,600 | ≈ €2,160 | +€1,440 |
| Net cost price | ≈ €8,400 | ≈ €9,840 | −€1,440 |
| Capital exposed to risk | ≈ €12,000 | ≈ €12,000 | — |
Illustrative example — figures simplified for clarity and not contractual.
The Corsica FIP lowers Hélène’s cost price to ≈ €8,400, against ≈ €9,840 for a standard FIP: €1,440 of extra benefit for the same subscription. If the fund returns the capital, the fiscal gain is all the more protective.
But the full €12,000 remains exposed to the risk of unlisted Corsican SMEs and locked up for at least 5 years. Hélène subscribes only after examining the management team and the fees: the 30% rate is an advantage, not a guarantee.
The enhanced rate attracts; the quality of the fund decides
This simulator quantifies the 30% reduction. The decision is nonetheless taken on the solidity of the fund — management team, strategy, fees — and on its proper sizing within your allocation. The Corsica FIP’s enhanced rate is a strong argument, never a waiver from analysis.
Balmont Conseil is an independent wealth-management firm, a member of ANACOFI, with no capital ties to any management company. We assess Corsica FIPs on their real risk/reward, not their headline rate alone. Let’s arrange a meeting to check whether this lever has a place in your strategy.
Frequently asked questions
Why does the Corsica FIP offer 30% instead of 18%?
Because the legislator created an enhanced reduction rate for FIPs that channel their investment towards SMEs based in Corsica, in a logic of supporting the island’s economic fabric. The subscription cap remains identical to a standard FIP: €12,000 for a single person, €24,000 for a couple.
Is the risk lower because the reduction is higher?
No. The enhanced rate rewards the geographic targeting, not a lower level of risk. The Corsica FIP invests in unlisted SMEs with the same illiquidity and uncertainty profile as a standard FIP: possible capital loss, exit value not guaranteed, a lock-up of at least 5 years. The rate does not offset the risk, it only softens the entry further.
Does the Corsica FIP count towards the cap on tax breaks?
Yes. Despite its enhanced rate, the Corsica FIP reduction counts towards the global cap on tax breaks of €10,000 per year. It must therefore be articulated with your other tax benefits so as not to exceed that cap and lose part of the effect.
How do I choose a good Corsica FIP?
By looking at the quality of the management team, its knowledge of the Corsican economic fabric, the investment strategy and above all the level of fees. The 30% rate is attractive, but a poorly managed or fee-heavy fund can underperform. The selection of the fund always outweighs the headline reduction rate alone.
Why call on an independent firm for a Corsica FIP?
Because the 30% rate is a powerful selling argument that can mask a mediocre fund. Balmont Conseil, an independent ANACOFI member, is tied to no management company: we compare Corsica FIPs on their real quality and fee level, and retain only those that deserve a place in your allocation, in your sole interest.
Results are provided for purely illustrative and educational purposes, based on the parameters you enter and simplified assumptions (2026 taxation, constant return, excluding inflation). They constitute neither personalised investment advice, nor tax advice, nor an offer to subscribe. Some investments carry a risk of capital loss. Before any decision, speak with an advisor.