Changes When Selling Your House

According to a Danish magazine that deals with France it has been announced that taxation will change for those foreigners owning homes or summerhouses in France. Now, the money you earn when you sell the house will be taxated from the year 2012, so this can be very valuable information if you had previously considered selling your home.

Prices have gone up quite a bit, so maybe you will want to keep this house, rent it out while you aren’t using it, and maybe then move TO France once you retire, rather than viewing the house as an investment for your retirement benefits.

At least worth considering since the impact of taxation may be rather big for many people.

Have a nice weekend everyone. 🙂

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