|
GUARANTEED RETURNS WITH THE FRENCH LEASEBACK SCHEME The French leaseback scheme was introduced by the French government in 1986 in order to increase international investment into the country while helping to provide self catering accommodation for the tourism industry. France is a number 1 vacation destination in the world with around 80 million tourists each year. The concept of leaseback is that you purchase a fully furnished freehold property from a development company and then lease it back to a management company over a specific period (contracts tend to be 9 years, renewable). In exchange for the time you agree to rent your property to the development company, you will receive a guaranteed return. You will equally be able to benefit from personal usage for the remaining weeks you have not leased the property, plus you receive a refund of the VAT on new property purchases. Keys benefits are: - Personal use of your property for up to 182 days a year . |


