How to invest in real estate in France with the help of Patrimolink?

Are you looking for an opportunity to invest in real estate in France, but don't know how to do it? Do you have questions about the necessary procedures and applicable tax policies? With9 years of experience, Patrimolink will help you build your investment project, providing consultations and guidance at every step of the acquisition. Investing in French real estate remains an excellent way to diversify assets for expatriates. Michele Guiemen, head of Patrimolink in Dubai, answered our questions.

Lepetitjournal.com/dubai:

What is your mission and team in Dubai?

Michel Guillemin: Patrimolink's mission is to help non-residents, regardless of their nationality, to invest in French real estate. Distance and regulatory measures can put many people off, but we are here to accompany you and, above all, to give you the best advice based on our experience in the French real estate market. I came to Dubai in the summer of 2022 to represent Patrimolink here and develop our activities, offering our simple and recognized approach, which Patrimolink has been demonstrating for 9 years!

Which individuals are interested in investing in real estate as expats?

Investing in French real estate concerns everyone! There is no need to be French to invest in France. Although financing may be more difficult for foreigners, it is absolutely possible! The key is to apply to the right place. Being far away, expats sometimes find it difficult to invest from a distance.... we are here to explain to them the options, advantages and disadvantages of buying and help them successfully implement their investment strategy!

What are the biases that prevent expats from deciding to invest?

The main prejudice we hear is: "Real estate in France is too taxable and not profitable enough!". It is important to note that there are several ways to invest in this asset in France, optimizing, not to say eliminating this so feared taxability! This requires a good understanding of the regulation and, above all, the creation of a project that meets your objectives. As for the return on investment, it should be considered as a whole, taking into account several factors (risk, potential value growth, market stability, liquidity of the product, the possibility of leverage...). The recent rise in interest rates, often perceived negatively, relative to the current inflationary context is also relative. Credit leverage remains very interesting and profitable and offers good prospects.

What are the precautions and mistakes to avoid?

The main mistake, in my opinion....

Why invest in France and not Dubai or anywhere else?

I just returned from Singapore, where the question of investing locally was almost non-existent because it was almost impossible for a foreigner to invest in real estate in Singapore. Here in Dubai, the situation is different and it is a valid question! Some of my clients compare the two countries when talking about real estate investment. In my opinion, there is no better or worse investment. It all depends on your long-term project and the level of risk you are willing to take. Profitability is often accompanied by a higher level of risk.... France is an economically stable country where real estate has always been a safe asset. In terms of construction quality, new standards, increasingly focused on comfort and the environment, make this a sustainable investment. Of course, high double-digit incomes are rare in France, but there are other advantages!

As a specialist in French real estate investment in all its forms, I will be able to give you the best advice.

Do you support investors both at the financing stage and in property management?

Yes! We accompany our customers' projects from A to Z. This is important to facilitate the various stages of the purchase from a distance.

Three tips for those who are hesitant to do this?

So, I'll say #1: Don't hesitate to take out a loan to capitalize on the leverage effect, which is one of the few keys to wealth

#2: Thoroughly research your project and goals before you embark on it. Structuring it and the long-term consequences will only get better.

#3: Let's get together, it doesn't cost you anything! See you soon!

For more information about Patrimolink Michel Guillemin Tel: +971 5 6426 2323 / email: [email protected]