French Tax Man To Grab 75%
The recent French government court case which has upheld a wealth tax of 75% is expected to continue to drive real estate investors abroad.
The super tax implemented President Francois Hollande has continued to create widespread controversy.
At the same time the tax measures have created some value opportunities for overseas property buyers of upscale trophy properties who do not seem to care about exit mechanisms.
Will Thailand see my French investors in the coming year in the real estate sector? The answer is most likely yes.