{"id":3740,"date":"2026-10-01T12:03:27","date_gmt":"2026-10-01T10:03:27","guid":{"rendered":"https:\/\/balmontconseil.com\/expatries-mobilite-internationale\/destinations\/investir-en-france-etranger\/"},"modified":"2026-10-10T23:25:29","modified_gmt":"2026-10-10T21:25:29","slug":"investir-en-france-etranger","status":"publish","type":"page","link":"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/investir-en-france-etranger\/","title":{"rendered":"Investing in France from abroad (LMNP, SCPI)"},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\" style=\"border-left:3px solid #e6ff2a;background:#151c21;margin:0 0 34px;padding:22px 26px\"><p style=\"color:#e8eef2;font-size:18px;font-style:italic;line-height:1.6;margin:0\">\u201cAlexis, I have savings sitting idle in my account in Singapore. Is it still possible to invest in France from abroad without tax wiping everything out?\u201d<\/p><\/blockquote>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">Yes, provided you know what France takes, investment by investment. A non-resident is taxed in France only on French-source income, but without the adjustments a resident enjoys: no progressive scale on the first euros, and social charges that depend on your social security scheme.<\/p>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">Three rules changed in 2025 and 2026 for furnished lettings, the investment most often recommended to expatriates. And the threshold for the non-resident minimum tax rate is now \u20ac29,579 of net taxable income: 20% below, 30% above.<\/p>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">At <strong style=\"color:#ffffff\">Balmont Conseil<\/strong>, we choose the investment vehicle based on your country of residence and your social security scheme, not the other way round: the same investment does not yield the same in Geneva as in Dubai.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:34px;line-height:1.2;margin:56px 0 16px;font-weight:700\">1. What changed in 2025 and 2026<\/h2>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">Four new rules that change the calculation for an investment made from abroad.<\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"margin:0 0 24px;padding-left:24px\">\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">Furnished rental income bears 18.6% in social charges.<\/strong> The 2026 Social Security Financing Act raised the CSG on investment income to 10.6%, from 2025 income onwards. Property income, real estate capital gains and assurance-vie remain at 17.2%.<\/li>\n\n\n\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">The depreciation of the furnished property is added back upon resale.<\/strong> For sales since 15 February 2025, the depreciation deducted reduces the acquisition price, and so increases the taxable capital gain. Student residences and facilities for elderly or disabled people are exempt.<\/li>\n\n\n\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">Professional landlord status is determined based on your worldwide income.<\/strong> Since the 2026 Finance Act, your rental receipts are compared with your earned income taxed in your country of residence, and no longer with your French income alone, from 2026 income onwards.<\/li>\n\n\n\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">The minimum rate follows the progressive scale.<\/strong> For 2025 income, 20% up to \u20ac29,579 of net taxable income and 30% above, unless the average rate calculated on your worldwide income is more favourable.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:34px;line-height:1.2;margin:56px 0 16px;font-weight:700\">2. What a non-resident pays, investment by investment<\/h2>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">Here is how France treats each investment for a non-resident, checked against tax authority sources as at 1st October 2026.<\/p>\n\n\n\n<figure class=\"wp-block-table\" style=\"margin:28px 0 14px;overflow-x:auto\"><table style=\"border-collapse:collapse;width:100%;min-width:760px\"><thead><tr><th style=\"padding:12px 14px;border-bottom:2px solid #e6ff2a;color:#ffffff;background:#151c21;font-size:14px;line-height:1.4;text-align:left;vertical-align:bottom;font-weight:700\">Investment<\/th><th style=\"padding:12px 14px;border-bottom:2px solid #e6ff2a;color:#ffffff;background:#151c21;font-size:14px;line-height:1.4;text-align:left;vertical-align:bottom;font-weight:700\">French tax<\/th><th style=\"padding:12px 14px;border-bottom:2px solid #e6ff2a;color:#ffffff;background:#151c21;font-size:14px;line-height:1.4;text-align:left;vertical-align:bottom;font-weight:700\">Social charges<\/th><th style=\"padding:12px 14px;border-bottom:2px solid #e6ff2a;color:#ffffff;background:#151c21;font-size:14px;line-height:1.4;text-align:left;vertical-align:bottom;font-weight:700\">What you need to know<\/th><\/tr><\/thead><tbody><tr><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#ffffff;background:#151c21;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\"><strong style=\"color:#ffffff\">Unfurnished rentals, SCPIs invested in France<\/strong><\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">Progressive scale, with a minimum rate of 20% then 30% (Article 197 A), or the average rate on election<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">17.2%; 7.5% if you are covered by the social security system of a European Union or EEA country, Switzerland or the United Kingdom<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">An SCPI invested outside France does not generate French-source income (Article 164 B).<\/td><\/tr><tr><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#ffffff;background:#151c21;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\"><strong style=\"color:#ffffff\">Furnished rental (LMNP)<\/strong><\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">Progressive scale and minimum rate, on profit after depreciation under the actual-expenses regime<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">18.6% from 2025 income; 7.5% for those with the same affiliation<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">Depreciation added back into the capital gain for sales since 15 February 2025, except student residences and residences for elderly people.<\/td><\/tr><tr><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#ffffff;background:#151c21;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\"><strong style=\"color:#ffffff\">Real estate capital gains<\/strong><\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">19% (Article 244 bis A), surcharge of 2 to 6% above \u20ac50,000; exempt after 22 years<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">17.2%, or 7.5% for those affiliated; exempt after 30 years<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">Tax representative if the price exceeds \u20ac150,000, except for residents of the European Union or EEA. Former home in France: \u20ac150,000 of capital gain exempt, subject to conditions.<\/td><\/tr><tr><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#ffffff;background:#151c21;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\"><strong style=\"color:#ffffff\">Real estate owned in France<\/strong><\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">IFI if your net French real estate assets exceed \u20ac1.3 million<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">\u2014<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">Only real estate located in France is included in the tax base; your financial investments are excluded.<\/td><\/tr><tr><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#ffffff;background:#151c21;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\"><strong style=\"color:#ffffff\">French shares<\/strong><\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">12.8% withholding tax on dividends (Article 187), reducible under the tax treaty<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">None<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">75% if you live in a non-cooperative state or territory.<\/td><\/tr><tr><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#ffffff;background:#151c21;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\"><strong style=\"color:#ffffff\">French assurance-vie<\/strong><\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">12.8% levy on withdrawals, 7.5% after eight years for premiums up to \u20ac150,000 (Article 125-0 A), reducible under the tax treaty<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">None<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">Upon death, the levy under Article 990 I only applies if the insured, or the beneficiary for six of the last ten years, is domiciled in France.<\/td><\/tr><tr><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#ffffff;background:#151c21;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\"><strong style=\"color:#ffffff\">Inheritance of property located in France<\/strong><\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">French inheritance tax on property located in France (Article 750 ter)<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">\u2014<\/td><td style=\"padding:12px 14px;border-bottom:1px solid #26323a;color:#c3d2db;background:#0f161a;font-size:15px;line-height:1.55;vertical-align:top;text-align:left\">An heir domiciled in France for at least six of the last ten years is taxed in France on everything they receive. Tax treaties take precedence.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\" style=\"color:#7d8f9a;font-size:12.5px;line-height:1.55;margin-top:12px;text-align:left\">Sources: impots.gouv.fr, international section (pages dated 27 January, 26 February, 1st April and 17 July 2026); 2026 income tax practical guide; notice 2048-IMM of February 2025; BOFiP: ACTU-2026-00029 of 15 April 2026, ACTU-2019-00094, BOI-TCAS-AUT-60, BOI-ENR-DMTG-10-10-30; Law No. 2025-1403 of 30 December 2025 on social security financing for 2026; Law No. 2026-103 of 19 February 2026, Finance Act for 2026. Position as at 1st October 2026. On a phone, swipe the table.<\/figcaption><\/figure>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\"><strong style=\"color:#ffffff\">Your social security system matters as much as your country.<\/strong> An expatriate covered by the social security system of a European country, Switzerland or the United Kingdom pays only 7.5% on French rental income and capital gains. The same investment, made from Dubai or Singapore, bears 17.2% on unfurnished lettings and 18.6% on furnished lettings.<\/p>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\"><strong style=\"color:#ffffff\">An SCPI changes character depending on its buildings.<\/strong> Rents from buildings located outside France are not French-source income: a non-resident is not taxed in France on the portion of the SCPI invested abroad. They remain taxable in the State where the buildings are located and, depending on its law, in your country of residence.<\/p>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\"><strong style=\"color:#ffffff\">The former-home exemption is restricted.<\/strong> It applies to nationals of a European Union or EEA State who were tax resident in France for at least two years, for a sale completed no later than 31 December of the tenth year following their departure (Article 150 U II 2\u00b0).<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:34px;line-height:1.2;margin:56px 0 16px;font-weight:700\">3. Our services: 360\u00b0 support for expatriates and investors<\/h2>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">Three workstreams, depending on where you stand.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:22px;line-height:1.3;margin:34px 0 10px;font-weight:700\">Choosing the investment vehicle for your country of residence<\/h3>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">We start with your country, your social security system and the applicable tax treaty, then we compare the net return of each investment vehicle: unfurnished rental, furnished rental, SCPIs invested in France or abroad, assurance-vie, shares.<\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"margin:0 0 24px;padding-left:24px\">\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\">Minimum rate or average rate: the more favourable of the two.<\/li>\n\n\n\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\">Social charges: full rate or 7.5% depending on your affiliation.<\/li>\n\n\n\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\">Withholding taxes reduced under the tax treaty.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:22px;line-height:1.3;margin:34px 0 10px;font-weight:700\">Buying furnished property after the reform<\/h3>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">Depreciation remains deductible each year, but it reappears in the capital gain on resale. We model the transaction through to exit, and we look at properties that escape the add-back: student residences, facilities for elderly or disabled people.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:22px;line-height:1.3;margin:34px 0 10px;font-weight:700\">Preparing for resale and inheritance<\/h3>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">Holding period, tax representative, former-home exemption: resale is prepared several years ahead. So is passing assets on, depending on where each of your heirs is domiciled. A <a href=\"https:\/\/balmontconseil.com\/en\/nos-solutions\/assurance-vie-luxembourgeoise\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Luxembourg assurance-vie contract<\/a> is assessed at that stage, case by case.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:34px;line-height:1.2;margin:56px 0 16px;font-weight:700\">4. Methodology: our way of working<\/h2>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">We work in four stages, and at each stage you know where you stand.<\/p>\n\n\n\n<ol class=\"wp-block-list\" style=\"margin:0 0 24px;padding-left:24px\">\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">The initial review.<\/strong> We establish your actual situation: the make-up of your wealth, the project timeline, the situation of each member of the household, and the tax domicile of your heirs \u2014 because it is theirs that counts, not yours.<\/li>\n\n\n\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">The applicable framework.<\/strong> We set out, source by source and with its date, the framework that applies to you. What we do not know, we mark \u201cto be confirmed\u201d \u2014 never anything else.<\/li>\n\n\n\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">The choices.<\/strong> We present the options with figures and their respective consequences, and you decide. <a href=\"https:\/\/balmontconseil.com\/en\/ingenierie-patrimoniale\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Wealth structuring<\/a> comes after the decision, not before.<\/li>\n\n\n\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">Ongoing monitoring.<\/strong> An annual review, free of charge, to check that the framework has not moved \u2014 treaties are amended, incentive regimes are abolished, thresholds change.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:34px;line-height:1.2;margin:56px 0 16px;font-weight:700\">5. What the firm offers you<\/h2>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">What concretely sets our work apart.<\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"margin:0 0 24px;padding-left:24px\">\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">Sources, not claims.<\/strong> Every item in your file carries its reference and its date. You can check. It is the only way to work on a subject where most of the information available online is out of date.<\/li>\n\n\n\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">A single point of contact in France.<\/strong> We coordinate your local advisers; we do not replace them: the host country&#039;s domestic tax rules are handled with a qualified professional on the ground. Our role is to keep the whole picture consistent and to defend the French side of the file.<\/li>\n\n\n\n<li style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin-bottom:10px\"><strong style=\"color:#ffffff\">Fees that are easy to understand.<\/strong> Fees disclosed before any commitment: fixed-price reviews, tailor-made engagements at \u20ac500 incl. VAT per hour, insurers&#039; commissions on contracts taken out. The annual review is free of charge.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" style=\"border:0;border-top:1px solid #26323a;margin:46px 0\"\/>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:34px;line-height:1.2;margin:56px 0 16px;font-weight:700\">Frequently asked questions about investing in France from abroad<\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:22px;line-height:1.3;margin:34px 0 10px;font-weight:700\">How much does a non-resident pay on furnished rental income in 2026?<\/h3>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">Income tax, at the minimum rate of 20% up to \u20ac29,579 of net taxable income and 30% above, or at the average rate if more favourable. On top of this come social charges of 18.6% from 2025 income, or 7.5% if you are covered by the social security system of a European country, Switzerland or the United Kingdom.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:22px;line-height:1.3;margin:34px 0 10px;font-weight:700\">Are LMNP depreciation deductions still worthwhile?<\/h3>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">They remain deductible each year. But for sales since 15 February 2025, they are added back into the capital gain calculation (Finance Act for 2025), except for student residences and facilities for elderly or disabled people. The benefit must now be calculated through to resale.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:22px;line-height:1.3;margin:34px 0 10px;font-weight:700\">Is an SCPI taxed in France if I live abroad?<\/h3>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">For the portion invested in France, yes: it is French-source property income, with 17.2% social charges. For the portion invested outside France, no: those rents are not French-source within the meaning of Article 164 B of the French Tax Code.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:22px;line-height:1.3;margin:34px 0 10px;font-weight:700\">Is my French assurance-vie taxed if I live abroad?<\/h3>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">No social charges. Withdrawals are subject to a 12.8% levy, or 7.5% after eight years for premiums up to \u20ac150,000 (Article 125-0 A of the French Tax Code), which the tax treaty with your country may reduce or eliminate.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:22px;line-height:1.3;margin:34px 0 10px;font-weight:700\">Do I need to appoint a tax representative to sell my property?<\/h3>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">Yes if the price exceeds \u20ac150,000, unless you live in a European Union or EEA State bound to France by an assistance agreement, or if the capital gain is fully exempt through the holding period (22 years for income tax, 30 years for social charges).<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" style=\"border:0;border-top:1px solid #26323a;margin:46px 0\"\/>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:34px;line-height:1.2;margin:56px 0 16px;font-weight:700\">In summary<\/h2>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">Investing in France from abroad remains possible and often worthwhile, but the calculation has changed: 18.6% social charges on furnished lettings, depreciation added back on resale, a minimum rate of 20% then 30%.<\/p>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">The right investment depends on your country of residence and your social security scheme: that is where we start.<\/p>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\"><strong style=\"color:#ffffff\">Firm&#039;s fees: \u20ac500 incl. VAT per hour.<\/strong> Annual follow-up is free of charge.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:22px;line-height:1.3;margin:34px 0 10px;font-weight:700\">Let&#039;s review your situation<\/h3>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\">A thirty-minute conversation is enough to compare investment vehicles from your country of residence. You can also start with a <a href=\"https:\/\/balmontconseil.com\/en\/radiographie-contrats\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">free contract X-ray<\/a>.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\" style=\"display:flex;gap:12px;flex-wrap:wrap;margin:24px 0 0\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/balmontconseil.com\/en\/contact\/\" style=\"background:#e6ff2a;color:#0b1317;border-radius:8px;padding:14px 28px;font-weight:600;text-decoration:none;display:inline-block\">Analyse my situation<\/a><\/div>\n\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/calendly.com\/asagnier-balmontconseil\/echange\" target=\"_blank\" rel=\"noreferrer noopener\" style=\"background:transparent;color:#ffffff;border:1px solid #3a4852;border-radius:8px;padding:14px 28px;font-weight:600;text-decoration:none;display:inline-block\">Book an appointment<\/a><\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" style=\"border:0;border-top:1px solid #26323a;margin:46px 0\"\/>\n\n\n\n<h3 class=\"wp-block-heading has-text-color\" style=\"color:#ffffff;font-size:22px;line-height:1.3;margin:34px 0 10px;font-weight:700\">Other destinations<\/h3>\n\n\n\n<p class=\"has-text-color wp-block-paragraph\" style=\"color:#c3d2db;font-size:17px;line-height:1.7;margin:0 0 18px\"><a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/etats-unis\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">United States<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/canada\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Canada<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/allemagne\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Germany<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/israel\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Israel<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/maroc\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Morocco<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/algerie\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Algeria<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/pays-bas\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Netherlands<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/australie\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Australia<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/liban\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Lebanon<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/cote-d-ivoire\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">C\u00f4te d&#039;Ivoire<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/irlande\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Ireland<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/grece\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Greece<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/monaco\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Monaco<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/andorre\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Andorra<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/chypre\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Cyprus<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/jordanie\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Jordan<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/bresil\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Brazil<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/mexique\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Mexico<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/senegal\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Senegal<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/tunisie\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Tunisia<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/royaume-uni\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">United Kingdom<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/suisse\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Switzerland<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/luxembourg\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Luxembourg<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/belgique\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Belgium<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/emirats\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">UAE<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/ile-maurice\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Mauritius<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/asie\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Asia<\/a> \u00b7 <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/moyen-orient\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">Middle East<\/a> \u2014 or return to all of our <a href=\"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/\" style=\"color:#e6ff2a;text-decoration:underline;text-underline-offset:3px\">expatriation destinations<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Non-resident: what you pay in France on furnished rentals, SCPIs, assurance-vie, or stocks in 2026. LMNP at 18.6%, depreciation added back, minimum rate. Table verified.<\/p>","protected":false},"author":5,"featured_media":0,"parent":4230,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"mfn-post-hide-title":"","footnotes":""},"class_list":["post-3740","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/3740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/comments?post=3740"}],"version-history":[{"count":2,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/3740\/revisions"}],"predecessor-version":[{"id":4349,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/3740\/revisions\/4349"}],"up":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/4230"}],"wp:attachment":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/media?parent=3740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}