Reasons for property sellers in France living abroad to hire an acquisition lawyer
The sale of property in France by someone living abroad can be a complex process. There are a number of things that need to be taken into consideration, such as the property transaction itself, the taxation of the sale, and the legal implications of selling property in France as a non-resident.
For this reason, it is highly recommended that you hire a French real estate lawyer to assist you with the sale of your property. A good lawyer will be able to guide you through the process, ensuring that everything is handled correctly and efficiently.
In this article, we will discuss some of the key reasons why you should hire an attorney if you are planning on selling property in France as a non-resident
What to consider when selling property in France as a foreigner
When selling property in France as a foreign buyer or seller, there are several factors that need to be considered in order to ensure that the process goes smoothly. Firstly, you will need to determine if the property is eligible for non-resident taxation. Additionally, you need to be aware of the different laws and regulations on foreign investments that apply to the purchased property. Furthermore, you may need to consider jurisdictional matters. This includes understanding how the ownership of the property will be transferred, as well as being aware of the different taxes that may need to be paid. You may also need to consider other documents that need to be completed, such as loan documents, inheritance declarations and transfer documents.
The benefits of hiring an acquisition lawyer
Hiring an experienced and specialized French real estate lawyer for the sale of your property in France is a hugely beneficial process. Firstly, this can help to ensure that the transaction is handled properly, taking into account all relevant legal and tax-related matters. Your lawyer will also be able to advise you on matters such as taxation and foreign investment regulations that you may need to consider when selling from abroad. Additionally, an experienced French lawyer will be able to ensure that all documents and paperwork are completed correctly. This includes ensuring that the sale is eligible for non-resident taxation. Furthermore, they will also be able to advise you on the most effective way to structure the sale of your property, such as through a trust or a company.
Why choose a bilingual lawyer?
If you are selling property in France as a non-resident, it is strongly recommended that you hire a bilingual lawyer who is able to communicate effectively in both English and French. This will allow you to communicate to them any queries you have and to understand their advice more easily. A bilingual lawyer will also be able to provide legal advice in both languages, ensuring that the sale of your property is conducted correctly and efficiently. They will also be able to help you understand the complex laws that may apply to the sale. Furthermore, they can advise you on the best way to structure the sale, such as through a trust or a company.
How to find the right acquisition lawyer for you
When looking for an experienced and knowledgeable French real estate lawyer to assist you with the sale of your property, it is important to ensure that you find someone who is experienced specifically in foreign property sales. A qualified, experienced lawyer will be able to provide advice on all relevant legal, tax and jurisdiction matters. It is also recommended that you find a lawyer who is bilingual, as this will enable you to communicate more easily and receive advice in both English and French. You can find bilingual lawyers by searching a Member of AAMTI (main association of transaction attorneys in France).
When selling property in France as a non-resident, it is strongly recommended that you hire a qualified and experienced French real estate lawyer to assist you. A good lawyer will be able to guide you through the process, ensuring that all of the necessary documents are correctly and efficiently completed. They will also be able to advise you on matters regarding taxation, foreign investment regulations and jurisdictional matters. It is also important to ensure that you hire a bilingual lawyer, as this will enable you to communicate more easily and to understand their advice more thoroughly. By taking the time to hire an experienced and specialized French real estate attorney, you can ensure that the sale of your property abroad goes smoothly and is handled correctly.
About the Author :
Business lawyers, bilingual, specialized in acquisition law; Benoit Lafourcade is co-founder of Delcade lawyers & solicitors and founder of FRELA; registered as agents in personal and professional real estate transactions. Member of AAMTI (main association of French lawyers and agents).
FRELA : French Real Estate Lawyer Agency, specializing in acquisition law to secure real estate and business transactions in France.
Paris, 19 Rue du Colisee, 75008 Paris
Bordeaux, 78 Cours de Verdun, 33000 Bordeaux
Lille, 40 Theater Square, 59800 Lille