Brexit brought lots of changes in many areas and of course your French property won’t escape it.
British people are not considered as EU citizens anymore since January 1, 2021 and this has two major consequences regarding the sale of their French property:
- The designation of a tax representative is mandatory in most of the cases
- The percentage of the capital gain tax will be higher than before
The chart below will guide you in finding out if you must designate a tax representative or not:
We are tax representative in France and we would be happy to support you with this obligation in order to make it as smooth as possible!