Information AboutLeaseback |
| CATEGORIES ABOUT LEASEBACK | |
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Leaseback property has been popular in France for many years and there are significant tax advantages. The French government encourages the development of leaseback schemes in tourist areas to alleviate shortages in rental accommodation. The French government will rebate the local tax, called TVA , when the property is purchased. Currently the TVA rate is 19.6%. In France, a leaseback property has to remain in the leaseback scheme for a period of 20 years. The leaseback concept has spread to other European countries including Spain and Switzerland . The types of property available are studios, apartments and villas. They are situated in Ski areas, Beach Resort s or Golf Course s. Leaseback is also commonly used in General Aviation , with buyers using the scheme to let flight schools and other FBO s use their aircraft. EXTERNAL LINKS {Link without Title} |
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