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Exclusive villas to rent on the Ile de Re


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Wealth tax

Wealth tax (« impôt de solidarité sur la fortune »): as a non professional renter, the value of your rental property should be included in your taxable base for wealth tax purposes (net wealth over 1 310 000 € on January 1). Non residents are subject to wealth tax in France if the net value of certain French situs assets exceeds the wealth tax threshold of 1 300 000 €. Wealth tax is levied at graduated rates ranging from 0,5% to 1 % for wealth exceeding 800 000 €. Professional renters may benefit from a wealth tax exemption for the value of their rental properties as these are considered to be assets used in a trade or business.