Introduction: In recent years, France has become a coveted destination for second-home owners, attracting a diverse international community seeking the charm and beauty of the French countryside. However, for non-French nationals and non-residents, the ability to fully enjoy their second homes in France has been somewhat limited by visa restrictions. That is until Senator Corinne Imbert submitted a groundbreaking amendment to change the landscape. This article delves into the details of this significant development and its implications for second-home owners.
The Amendment Proposal: Senator Corinne Imbert's proposed amendment to the Immigration Bill (Article L. 312-2 of the Code on the Entry and Residence of Foreigners and the Right of Asylum) aims to grant foreign nationals who own secondary residences in France the opportunity to apply for a long-stay visa. This visa would allow them to stay on French territory for up to six months each year, with a validity period of five years.
The primary objective of this amendment is to accommodate the needs of foreign nationals, especially those who have invested in second homes in France. The initiative was sparked by the challenges faced by British second-home owners following Brexit. Previously, they didn't require a visa, but post-Brexit, the situation changed, leaving many in a state of uncertainty.
British Second-Home Owners: The British hold a prominent position among foreign second-home owners in France, owning more than double the number of homes compared to any other nationality. These individuals have, in many cases, integrated themselves into French village life, actively participating in local associations, and contributing to the community's well-being.
Senator Imbert's proposed visa is a much-needed solution for this demographic. It acknowledges the British citizens' long-standing presence in France and their vital role in local communities.
Expanding Opportunities: The proposed visa not only benefits British second-home owners but also opens doors for non-EU nationals who own secondary residences in France. Currently, such individuals can only stay for up to 90 days under the visa-waiver program, which may not align with their needs or desires.
The flexibility of the long-stay visa allows these property owners to enjoy their French homes for an extended period without committing to an annual renewal process. This initiative caters to a broader international audience, enhancing France's appeal as a second-home destination.
Real Estate Ownership by Non-Residents: The proposal takes into account the significant investments made by non-residents in France's real estate market. At the end of 2019, non-residents owned approximately 1.5 percent of residential real estate in the country, a notable increase from 1 percent in 2001. The value of their real estate assets reached a staggering 125 billion euros, demonstrating the substantial economic contribution of non-residents.
Interestingly, a substantial portion of these non-resident property owners were born in France, indicating that many are expatriates who have returned to their home country. This reflects a strong connection to the French culture and lifestyle.
Regional Variation: The ownership of property by non-residents in France exhibits regional variations. While Greater Paris has a lower percentage of non-resident foreign buyers, regions like Provence-Côte d'Azur-Corse witness a higher presence of non-resident property owners, with a rate of 5.5 percent in 2018. These regional disparities emphasize the diverse appeal of different areas in France.
Taxation and Healthcare: Second-home owners in France are subject to local property taxes at a higher rate compared to primary homeowners. However, they are not eligible for French healthcare benefits. The proposed amendment seeks to address the concerns of these property owners who actively contribute to the local economy.
Support and Implications: This groundbreaking campaign enjoys substantial support from various French politicians, including the Member of Parliament for the Department of Manche, Bernard Sorre. He labels the existing 90-day rule as penalizing for property owners who actively engage in local economic activities, participate in associations, and contribute to the restoration of historical buildings.
Conclusion: Senator Corinne Imbert's amendment paves the way for a more accommodating visa system for foreign nationals with secondary residences in France. It not only addresses the needs of British second-home owners but also benefits a broader international community. This initiative recognizes the significant contributions of non-resident property owners to the French economy and local communities. By expanding opportunities and fostering inclusivity, this proposed long-stay visa enhances France's status as a sought-after destination for second-home ownership. For more information and updates on this development, please visit the .
A bientôt!
