Knowledge and Resources
Bluesky Finance featured in The Wall Street Journal
Find out what the WSJ had to say about Bluesky Finance THE WALL STREET JOURNAL
Everything you need to know about changes to French Wealth Tax
New rules governing French wealth tax came into effect on 1st January 2018. In this post, we explain what the changes to the law mean if you own a French property or if you are planning to acquire one. Prior to the changes, French wealth tax (ISF) was assessed on all assets owned by the
Buying a property in France
Principles applicable in French property law go back to the declaration of human and citizens’ rights in 1789 “the right to property is an inviolable and sacred right, that no one can be deprived of …” In addition to protecting property owners, the French legal system has, over the years, added a number of laws
Property Prices in France
The French housing market is expected to strengthen further in 2018. Strong demand for houses in France is buoyed by low interest rates. Find out more about the latest trends in French property prices.
Bank account and currency transfer in France
As your mortgage instalments will be debited from an account by Direct debit, you will need to open an account with a bank in France. Bluesky Finance can help you find a suitable retail bank and the right package for you. Save money on your international transfers Bluesky Finance has teamed up with Moneycorp to
Capital Gains Tax in France
Tax Overview Capital gains tax – impôt sur les plus values – is a tax payable in France on gains arising from the sale of land or properties. Capital gains are calculated as the difference between the sale price and the purchase price or the value that was reported when the property was received as
Blog
French Mortgage lending in a post BREXIT world
It’s early 2021, we are all impacted by lockdowns and strict travel restrictions. Against all odds, Non-Resident buyers are still active in the French property market. Here is a brief overview of mortgage lending in a post BREXIT world : Overall, few changes as a result of BREXIT but some new pitfalls to be
New Special Expatriate Income Tax Regime for those relocating to France
If you have plans to relocate to France, you may be eligible for very advantageous tax arrangements, subject to certain conditions. The expatriate tax regime applies to individuals who were not residents of France for tax purposes during the five calendar years prior to their taking up their duties in a company based in France.
Early redemption penalties on French mortgages
Most French mortgages come with early repayment fees or penalties also know as ERC. If you have an existing French mortgage and are contemplating remortgaging in France, there are several things you need to be aware of . Firstly ERCs are capped by law and cannot exceed the lower of 3% of the outstanding mortgage