Recently France introduced changes to its well-known wealth tax. Instead of levying tax on all assets located in France, one would only be taxed on the value of the immovable property located in the country if the value of that property exceeds 1,3 mio euro. Movable wealth, such as financial securities or shares in companies, is excluded from the wealth tax.
Last year France also launched an investor visa allowing foreign investors to obtain permanent residency through substantial economic investments.
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