IFI, Tax Residency and Property Location: Understanding Your Liability

Tax resident in France: global real estate taxation

If your tax residence is in France, you are subject to IFI on all your real estate assets, both in France and abroad.

You are considered a French tax resident if at least one of the following applies:

1. Your main home is in France (you live there more than six months per year).

2. Your primary professional activity is in France.

3. Your economic interests (investments, business management, or wealth administration) are located in France.

Non-residents: taxation limited to French real estate

If none of these conditions apply, you are deemed non-resident for French tax purposes.
In this case, you are only taxed under IFI for real estate located in France.
Foreign properties are excluded from the IFI tax base.

International tax treaties and double taxation

If your assets span multiple countries, an international tax treaty may prevent double taxation.
These agreements determine which country has the right to tax specific real estate assets.

International conventions override national law. The treaties once applicable under the former ISF now apply to IFI.

For complex cross-border cases, consulting the non-resident tax office or a specialized wealth advisor is recommended.