Where to start with buying in France from the US?

Written By Normandy Consultancy

Buying property in France as a US citizen follows a similar process to UK buyers, but there are some key differences to be aware of:

1. Research & Choose a Location

  • Popular areas for American buyers include Paris, Provence, Dordogne, and the French Riviera.

  • Consider factors like climate, accessibility, local amenities, and property prices.

2. Understand Legal & Tax Implications

  • US citizens can buy property in France, but owning a home does not grant residency.

  • You’ll need to pay French property taxes, including Taxe d’Habitation and Taxe Foncière.

  • The US-France tax treaty helps prevent double taxation on income earned in both countries.

3. Financing Your Purchase

  • French mortgages for US buyers can be difficult due to FATCA regulations, but some lenders offer options with higher down payments (typically 20-30%).

  • Consider currency exchange rates to maximize your budget.

4. Find a Property & Make an Offer

  • Work with French estate agents or property websites to find listings.

  • Once you find a property, you’ll sign a Compromis de Vente (preliminary contract).

5. Finalize the Purchase

  • A notaire will handle legal checks and ensure the sale is valid.

  • You’ll pay a deposit (usually 10%), and the final sale is completed within 2-3 months.

6. Residency & Visa Considerations

  • If you plan to live in France permanently, you’ll need a long-stay visa.

  • Consider healthcare, banking, and tax residency requirements.

Normandy Consultancy
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