Are you considering buying property in France?
Changes to France’s wealth tax, alongside an increasingly active property market, has made France an extremely attractive investment proposition for property investors and those in the market for a holiday home.
Today, Enness International celebrates a year of fantastic business, all of which began in Monaco. To mark this anniversary, Enness Group MD Hugh Wade-Jones has taken the time to discuss how you can secure a large mortgage in Monaco and the French Riviera.
Amongst other key considerations, Hugh explains how the following subjects are crucial points of understanding when trying to secure finance for property in France:
– ‘The Pledge’ and assets under management (AUM)
– Structuring your loan: how you actually hold the property, and how you structure the debt for taxation purposes
– How to pick the right bank: Enness works with banks in France, Europe and further afield to make sure you are getting the best option for your circumstances
Take a look at the video below to learn more, or alternatively you could read Head of Enness International James Ashe’s blog on the subject here: https://ennessinternational.com/buying-property-in-france/