France’s tax laws work based on your current real estate wealth, as well as income. Even if you are not personally in the country, your assets are still taxable if they add up to over a certain amount. At Elitax, our accountants specialise in this type of tax and can help you submit a tax return that accurately reflects your real estate wealth, ensuring you only pay the correct amount and saving you from any potential legal penalties.
We use a simple five-step process to make our real estate wealth tax return service as easy as possible, no matter how complicated your situation may be:
All our real estate wealth tax returns come with a guarantee when we’re finished with them. Please be aware that we can’t offer the guarantee to real estate wealth tax returns that have been adjusted after we have finished filling them out, or for tax returns where incorrect information has been supplied to us.
If you’re a tax non-resident of France, regardless of nationality, you are subject to wealth tax if the value of their worldwide real estate assets is over €1,300,000. You will need to file an annual real estate wealth tax return with the French tax administration. If you are in this situation, our tax advisors are here to help.
Category 1 – You earn no income in France but the value of your tangible real estate assets in France exceeds €1,300,000:
You need only to file a French real estate wealth tax return.
Category 2 – You earn income in France and the value of your tangible real estate assets in France exceeds €1,300,000 but is less than €2,570,000:
You need to file an integrated income and real estate wealth tax return.
Category 3 – You earn income in France and the value of your tangible real estate assets in France exceeds €2,570,000:
You need to file two returns (an income tax return and a separate real estate wealth tax return).
We’ve helped hundreds of clients resolve their tax issues.
As an Australian working in France I found the French Tax system somewhat daunting. I first approached Elitax three years ago when confronted with an Audit from the French Tax Office. With a number of investments in my home country this was a daunting task. Eliane and her team worked tirelessly to help me provide the 3cm thick file of paperwork and submit the request on time. During the preparation Elitax uncovered that I had been made an error during the two years under audit and I was due a small refund! I have been a client of Elitax ever since, even after returning to Australia. If you need to navigate the vagaries of the French Tax system I highly recommend Eliane, Stephanie and the team at Elitax.
I have used the Elitax services for two years now, and my taxes have always been done in a timely manner. Even though I have had challenges with the personal taxes in France, due to different sources of income from abroad that needed to be declared, the team offered professional advice on what to do to get the situation resolved. I am very pleased with the service and the professionalism, especially they provided valuable advices that provided significant tax savings. Thus, I recommend their service to anyone who’s looking for great customer service and a great tax preparer, especially for expats living in France.
As an expatriate, surrounding yourself with a set of professionals is of vital importance. Eliane guided me from my arrival to my departure through the complicated French fiscal systems, I felt in the best hands, never had any issues with the tax authorities. Eliane’s patience and service are second to none. Even today, after 2 years of my departure from France, I keep Eliane as a contact and ask for her advise which she offers at a very reliable speed. I highly recommend using Elitax as your tax parter.
Eliane Rakotonoel’s assistance has been essential to us in order to properly submit our tax information in France. We are very confident that all of the documentation is correct and that we are well represented in all things related to taxes in France. Everyone who works in her office is very professional and pleasant. We are very fortunate to have found her when we needed help and we happily recommend her to anyone who needs assistance with taxes in France.