YOU are sure to have many financial questions when buying a property in France, so reading as much in advance is helpful.
The Scotsman website features two articles that look at capital gains tax (CGT), inheritance issues and other money related questions you might have when buying.
The first article looks at the state of the market at the moment in France and also covers CGT, wealth taxes and features recent changes in the laws covering a sale.
And, following changes to legislation on 1 January 2005, European Union residents are charged CGT at 16 per cent on French property disposals - down from 33.3 per cent. The latter rate still pertains to non-EU residents. French residents pay 27 per cent (16 per cent plus 11 per cent in indirect taxes).
The second article covers the financial implications of owning and letting a property in France.
It provides a few examples of expenses you can claim, as well as some pointers on your tax position if you are resident in France.