France tax treaty Greece : your property in France

The 2022 one, for income of periods beginning on or after 1 January 2024 (article 29).

In both countries. France taxes the rents (article 6). Greece also taxes them and deducts the French tax, up to the amount of its own tax on these rents (article 21 § 2 a).

No. They are taxable in France without being taxable only there. Greece therefore applies the tax credit.

It covers all foreign-source income, except that which a treaty exempts, if you meet its conditions. Have your case confirmed before filing your application, because the conditions are strict and the deadline has changed.

Greek taxation of property capital gains is suspended until 31 December 2026. Have its application to a French property confirmed, together with the rule in force on the date of your sale.

Not without a prior calculation. The SCI deprives you of the €150,000 exemption on resale, and we have found no official Greek position on its classification. It does not remove the IFI and does not lighten French inheritance tax. The anti-abuse clause of article 27 also targets arrangements whose tax advantage is one of the main purposes. Have the structure validated by Greek counsel before signing.

No. Greece is a member of the EU.

Yes if the net value of your French properties exceeds €1.3M on 1 January. The 2022 treaty does not deal with wealth: only French law applies.

7.5% if you are affiliated to the Greek social security system and dependent on no French scheme. Remember to tick box 8SH or 8SI. Otherwise, 17.2% on unfurnished rental and on the capital gain, 18.6% on furnished.

No for property held directly: France taxes it and Greece does not tax property located abroad on inheritance. The risk concerns your accounts and, perhaps, your SCI shares.

No treaty covers it. France taxes the property (article 750 ter of the CGI). The Greek treatment of a gift of foreign property has not been confirmed: have the transaction checked by a Greek notary before signing.