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Focus on duty free by the Pinel Law – Placement Immo

Focus on duty free by the Pinel Law

Promulgated in the Financial Law of 2015The Pinel Act, which replaces the Duflot Act, is a tax system that encourages investment. It allows Tax relief proposal It is advantageous. In this article, we will look at what is commonly referred to as « Pinel’s Law ».

Pinel’s Law: What is it?

The Pinel law is a law that allows all French nationals living and paying taxes in France to benefit from the tax relief provisions. This reduction is distributed up to 21% in mainland France and 32% abroad. It offers great Financial advantage For French people looking to invest in new real estate. To benefit, the owner must be willing to lease the home for at least 6 years after the investment and have the potential to expand. Learn more about Pinel’s Law below for more information. Depending on the number of years, the tax reduction is 12% of the investment amount for 6 years, 18% of the investment amount for 9 and 12 years, and 21% of the investment amount. The law helps promote the real estate sector to encourage people to invest in real estate, but it creates conditions for more rental properties.

What advantages does Pinel’s law offer?

In addition to the cuts it provides, Pinel law may allow you to become the owner of your home. In fact, the Pinel law has the credibility to do business by borrowing money from banks. The fact that the government supports the law is believable. this Tax-free provisions in the real estate sector It’s a way to encourage people Invest in construction. Because the demand for housing has increased. However, it is particularly important to pay attention to the location of your Pinel accommodation. There are standards that are developed and of concern. Tense area. Various so-called tension zones are defined in areas called specific municipalities in zones A bis, A, B1 and B2. You can go online for an overview of the official listings in other areas. The Pinel Act is a huge advantage of providing foreclosure opportunities.