Property Tax Exemption for New Builds: Who Qualifies and What You Get
New residential property owners in France may receive a two-year exemption from property tax if their build meets specific energy standards.
This scheme allows owners of newly constructed residential properties to avoid paying property tax for a set period if the building meets specific energy efficiency standards.
Who it's for
This is for individuals who own new residential properties that satisfy certain energy performance requirements.
What you get
You receive an exemption from paying property tax (known locally as Taxe foncière) for a period of two years.
What it costs you
There is no direct fee to apply, but you must complete the process within a strict timeframe. You are required to file form 6652 within 90 days of the completion of your construction.
The catch to know
This exemption only applies to your property tax. It does not cover the household waste tax, which you will still be required to pay.
How to apply
- Ensure your new build meets the required energy standards.
- Complete the necessary paperwork (form 6652).
- Submit your application within 90 days of the construction being finished.