http://www.aboutfrenchproperty.com/blog French property guides, news and information Wed, 25 Feb 2009 10:10:31 +0000 http://backend.userland.com/rss092 en The tenancy agreement in France is formally called a contrat de location but more commonly is called a bail. French law does recognize a verbal tenancy agreement so be careful what you say to prospective tenants. In the case of a verbal tenancy agreement, the courts only recognize ... http://www.aboutfrenchproperty.com/blog/tenancy-agreements-for-french-rentals.html French law provides a great deal of protection to tenants from eviction, so select your tenants carefully. Obviously, you will want to gather as much information about your prospective tenant as possible to make an informed decision, but French law even restricts which documents and information you are allowed to ask ... http://www.aboutfrenchproperty.com/blog/selecting-tenant-in-france.html You have two options when it comes to finding a tenant, advertise the property yourself or hire a professional.  As a foreign investor, hiring a professional is the easiest solution. When it comes to professional help filling a vacancy, you have the choice between a property manager or an estate agent.  ... http://www.aboutfrenchproperty.com/blog/finding-tenant-in-france.html French lets typically come in two types.  The long term, unfurnished let and the short term, furnished let.  Each type of let will come with its own unique type of renter. With the long term let, you will generally find your prospective tenants to be individuals and families looking for a ... http://www.aboutfrenchproperty.com/blog/long-term-vs-short-term-lets.html In France, a landlord can protect their rental income by taking out an insurance policy against non-payment of rent.  This insurance is called l'assurance loyers impayes.  The cost of the policy is generally between 3% and 5% of the rent amount and will not cover the first months rent.  Some ... http://www.aboutfrenchproperty.com/blog/rent-insurance.html When most people think of France, they immediately think of Paris. For centuries, Paris has been the capital of culture throughout the world, first in everything from fashion to art. Living in or near Paris is the reason many people decide to move to France. To live in Paris is ... http://www.aboutfrenchproperty.com/blog/living-in-paris.html One of the perks that can come from buying property in France is living in France. There are many advantages when it comes to living in France as opposed to other countries around the world.  From urban sophistication to charming country living, France has something for everyone. Breathtaking landscapes, historic ... http://www.aboutfrenchproperty.com/blog/advantages-living-in-france.html The French income tax system is complex, and foreigners in France are subject to a relatively heavy tax burden. In certain circumstances, foreigners may elect to become French citizens to gain tax relief. Tax residents in France are required to pay tax on income earned worldwide (impot sur le revenue). They ... http://www.aboutfrenchproperty.com/blog/income-taxation-in-france.html Generally, a French tax agent's fees are calculated by a percentage of the sale price for a property, rather than the gain. Fees start at 0.5% of the sales price and oftentimes increase another 0.4%, so typically fees are 0.9% plus VAT. When a property is sold, capital gains tax applies ... http://www.aboutfrenchproperty.com/blog/tax-when-selling-french-property.html Latest Laws for French Tax Residents. Tax credit is available for the first five years of property ownership to French tax residents who paid interest on mortgages for primary French residences in 2007, whereby the compromise was signed after August 22, 2007.  Credit is currently 20% of the loan amount and ... http://www.aboutfrenchproperty.com/blog/regulations-property-ownership-france.html