HOW TO DECLARE IFI AS A NON-RESIDENT
The IFI, which now focuses solely on real estate assets, has replaced the traditional ISF. This change has implications for expatriates, as well as impatriates who have recently returned to France.
In 2018, the Finance Act replaced the ISF (solidarity tax on wealth) with a new tax, the IFI (tax on real estate wealth). Its objective is clear: to tax holders of real estate wealth in excess of €1.3 million.
For expatriates and those who have recently returned to France, what are the consequences...