Tax efficient way to invest in French 2nd home?

by Readers Question

10:26 AM, 28th August 2015
About 3 years ago

Tax efficient way to invest in French 2nd home?

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Tax efficient way to invest in French 2nd home?

Hi, I am planning to buy a UK BTL in order to fund the purchase and refurb of a house in France which would be a 2nd home (with perhaps some small rental income as a holiday let, but this is not vital to the plan).chateau

We would be cash buyers of both. We are not reliant on the UK house increasing in value, but would hope to see a reasonably attractive increase in value in France from the renovation, but envisage hanging on to both properties for around 10 years, longer in France.

Can anyone suggest a way to make this as tax efficient as possible?

Thank you

Nigel



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