Real estate in France to impose an additional tax

Real estate in France to impose an additional tax

The French government has adopted a legislative amendment, under which landlords who give premises less than 14m ² for the amount of 30-45 euros / m ² (depending on the zone), and more, will pay an additional annual tax. Changes will take effect from 1 January 2012.

Tax will be levied an apartment with furniture or without, dealt to for more than nine months in areas where demand exceeds supply, such as in Paris. The rate for furnished studios will be a maximum of 10% and will vary depending on the zone.

Government Regulation must be reviewed every three years. The document contains a list of sites which will be levied a new tax.
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Sale of real estate in France: you can buy palaces, castles and fortifications

France began a massive sell-property state. In the next three years will go under the hammer lands, fortifications, castles, palaces and mansions, located in the province, and in the heart of Paris, who previously held the ministries and departments.

Russian experts acknowledge that such investments can be good dividends, but do not advise the Russians to invest in such assets.
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U.S. real estate market is changing for the better?

In December, sales of new homes in the country grew by 17,5% compared with November. Analysts were expecting a much more modest results.

Median price of private residential building in December increased by 12,1% for November and by 8.5% - compared with the same period in 2009, to $ 241 500, RTT News reported, citing the Ministry of Commerce.

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