SHARE
COPY LINK

PROPERTY

Why French property taxes are skyrocketing

If you own property in France you are likely to be facing a big increase in costs, due to a sharp rise in property taxes.

Taxes for property owners in France are increasing
(Photo by Philippe HUGUEN / AFP)

Property owners in France have been receiving bills over the last few weeks for their taxe foncière and many have noticed a big increase in their bills.

According to the property owners’ group Union nationale des propriétaires immobiliers (UNPI), taxe foncière bills have increased by 27.9 percent on average over the last 10 years.

However since the tax is set at a local level, some areas have seen much bigger increases – in 2019 Auvergne and Isère saw year-on-year rises of 136 percent, while this year Angers saw a 56.42 percent rise, Amiens a 55.87 percent rise and Grenoble 54.72 percent.

Your taxe foncière bill is calculated to a complicated formula based partly on the value of your property – so expect an increase if you have made major changes such as an extension or adding a swimming pool – and also on the rates set by the local authority.

READ ALSO Taxe foncière: What is the French property tax and do I have to pay it?

The reason behind the increase is the scrapping of another property tax, taxe d’habitation, leaving local authorities short of cash.

Taxe foncière is paid by the owner of the property and taxe d’habitation by the resident, so people who own their own homes pay both. However taxe d’habitation is in the process of being phased out and has already been scrapped for around 80 percent of the country.

This has left local authorities, which use property taxes, with a hole in their budget, and many have resorted to increasing the taxe foncière to plug the gap.

There are also two bits of bad news for second-home owners – firstly the scrapping of the taxe d’habitiation does not apply to second homes, so they will continue to pay both the taxe d’habitation and the taxe foncière.

Secondly, many local authorities have also taken advantage of a piece of legislation which allows authorities in areas where there is a housing shortage (known as zones tendues) to impose an extra surcharge on second homes – here is the list of areas where this is happening.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.

LIVING IN FRANCE

French schools, renting property and vocabulary: 6 essential articles for life in France

From how to quit your job in France to choosing the best French school for your kids and learning all the vocabulary of France's cost of living crisis - here are six essential articles for life in France.

French schools, renting property and vocabulary: 6 essential articles for life in France

In the last two years, many people across the world have either considered leaving or have left their jobs amid the “Great Resignation” (or La Grande démission, en Français). 

If you have thought about quitting your French job, or perhaps you simply want to understand the procedure for resigning in France, we’ve put together a guide that should answer all of your questions. 

EXPLAINED: What you should know if you want to quit your job in France

Next, the French government is recommending that everyone become familiar with this website, and you’ll really to know how to use it if you will be living in France during the winter of 2022-2023. 

Ecowatt is the government’s ‘energy forecasting’ website. It will provide you with daily updates and give you an idea as to whether the electrical grid is under stress due to energy shortages. The Local put together an article on how to sign up for alerts, which will help you keep track of whether your area is at risk for short, localised power cuts this winter.

‘Ecowatt’: How you should use France’s new energy forecasting website?

Amid potential energy shortages this winter and the cost of living crisis, foreigners living with France have been faced with learning a whole new set of French vocabulary words.

It can be difficult to keep up to date with the French news – even for native-French speakers. To help you follow along and stay informed, The Local has compiled a list of French terms you are likely to hear when the government or media discusses inflation, along with their English translations.

The French words you need to understand France’s cost of living crisis

Parenting in a country you did grow up in comes with unique challenges and joys. One thing anglophone parents tend to wonder about is whether or not they should send their children to international schools (where English might be more widely spoken) or opt for local French schools.

The Local spoke with some anglophone parents, and compared the advantages and disadvantages of the various options in order to help you make the best decision for your family. 

What kind of school in France is best for my kids?

Many foreigners living in France prefer renting to buying. When looking for that perfect home or apartment, there are a few things to consider. First and foremost – renting in France depends largely on where you live. Renting in a rural or suburban environment will differ greatly from renting in a big city. Nevertheless – renters across France are faced with the same question: furnished or unfurnished? 

The two options differ in terms of price, convenience, and sometimes availability. You can read The Local’s guide to renting property in France.

Renting property in France: Should I go for furnished or unfurnished?

The 2024 Olympic Games are already on the horizon, even though they might seem far away. The city of Paris and its surrounding suburbs have already begun extensive preparations to host athletes, their families, and the thousands of fans who will come to enjoy the Games.

If you live in France and you are considering attending the games, The Local has put together what you need to know in order to secure your tickets.

How to get tickets for the Paris 2024 Olympics and Paralympics

SHOW COMMENTS