The mortgage market in France is known as one of the most secure and stable in Europe and the world. The banking system of this country controls the fulfilment of the obligations of creditors and borrowers to each other and prevents property bubbles. Even during the global crises of 2008 and 2014, there were no dramatic increases of interest rates and the number of debtors.
Paris is a city that never goes out of fashion. The capital of France is an architectural benchmark where modern public spaces blend organically with the historic environment and architectural monuments. Its image is glorified in the masterpieces of world art, and Paris is known all over the world as an example of quiet luxury that preserves the values of classic French culture.
France is a country with a high level of well-being of the population. The social support system is one of the most humane in the European Union. The country is interested in the economic condition of its citizens. A progressive taxation system acts as a guarantor of such social stability and financial security.
Public utilities in France are similar to the rest of the EU in terms of the real estate taxation, utility bills and other living expenses. In comparison to other European countries, the cost of living in France is higher than in Eastern Europe and the Balkans, but at the same time, much lower than the cost of living in Northern Europe and Scandinavia.
France is one of the oldest property markets in Europe and the world. Being the second economy in the Eurozone, it provides stability and security for property investors. Buying a house in France is the first step of integration into traditional European society and investing in a long-term connection with its culture and values.
Despite the global economic instability, the region shows positive dynamics year after year in terms of return on investment. In 2023, buying property on the Côte d'Azur for foreigners remains an available and effective way to make the investments. The Tranio team would like to share the successful experience of our client: the purchase of a penthouse by the sea, near the Principality of Monaco.
A residence permit in France for financially independent foreigners or a visitor's visa is issued for one year and can be renewed indefinitely. Reasons for obtaining this type of residence permit are financial independence and renting or buying property in France.
The French property market has traditionally been distinguished by stability. Over the years, residential real estate prices in France have steadily been upbeat in Paris, Côte d’Azur, and major cities of the provinces with international airports.
This article explains how to obtain a residence permit in France for a Russian citizen, what difficulties may arise when applying, and what opportunities French residency status offers, especially in times of closed borders.
The authorities of Turkey and Georgia reported a record number of real estate deals concluded by Russians in these countries during the 12 and 9 months of 2022, respectively. The high activity of buyers from Russia was noted by official sources from Thailand and Spain based on the data on registration of ownership rights in 2022.
Cross-border property investors ramped up to or surpassed the pre-COVID-19 level of activity in most countries by the end of 2021.
In this article we will tell you how foreigners may obtain citizenship in France, who can apply for the country's passport and how to avoid being refused the desired document.
French citizenship has historically been based on the principle of jus soli (“right of soil”), in contrast to the German definition of nationality through jus sanguinis (“right of blood”).
In this article, we will discuss whether it is legal to have dual citizenship in France, and what the difference between dual and second citizenship is.
Foreigners apply for a France business visa to visit business partners, participate in negotiations, exhibitions and conferences related to their professional activities.