For French residents, wealth tax is levied on the worldwide net assets. But if you have never been resident in France or if you haven’t been French resident during the last 5 years you will be able to benefit from a partial exemption for five years from French wealth tax. The exemption covers all your assets outside France.

If you are non resident and you would like to have an idea of what will be your taxation in France (income tax and wealth tax) if you were to become French tax resident, don’t hesitate to get in touch with us.