How it works in 2026
The IFI is based on the net property wealth of your tax household as of January 1
Based on the net property wealth of your tax household as of January 1, 2026. Foreign assets can be excluded under certain conditions. While the threshold to pay this tax is property wealth of over €1.3million, the tax is only then due on net property wealth over €800,000.
Worked out using multiple tax bands at ascending rates with deductions possible including principally 30% of the value of a main home.
Your responsibility. If you think the value of your property assets exceed the €1.3million threshold, it is up to you to assess their value and make a declaration. Offsetting outstanding debts relating to the relevant property as of January 1, 2026, is permitted.
Generally assessable on worldwide property wealth if you live in France – subject to the foreign property exemption outlined right. For non-residents, it relates mostly to properties in France and includes shares in companies set up to own property in France. If a company owns property both in France and abroad, only the proportion of the shares that corresponds to the French property is subject to the tax.