Residence permit in France when buying real estate.

Residence permit in France when buying real estate.
Many Russians who would like to have the opportunity to live in another country are wondering whether it is possible to get a residence permit in France when buying real estate? Unfortunately no. The residence permit is issued on other grounds. At the same time, there are practically no restrictions for foreigners to purchase houses, apartments, commercial objects or land. At the same time buying a property in France allows you to get a multiple Schengen visa, which allows you to stay in the country for 90 days in each half year. However, as in Italy, for the purchase of housing you will have to enter the territory of the country.
The laws of the country allow you to rent real estate in France, while the landlord has certain guarantees from the state, and therefore can rely on a stable income with reduced taxation. Note that the French real estate market is now a deficit, and many objects continue to go up every year. By the way, the loan rates for buying a home in this European country are very low, so you can apply for a mortgage.
In France you can buy not only the already constructed objects, but also an apartment in a newly built house, a building land, a building of special historical value. In addition, you can participate in a special state program Leaseback, which allows you to attract private investors in the field of residential real estate. In short, the buyer purchases housing in France, which is furnished and equipped with everything necessary to rent it out permanently. Permanent income in this case is guaranteed and is on average 4-5%.
As already mentioned above, a residence permit in France when buying a property can not be obtained. You can apply for a residence permit as a financially independent person when you start your own business, if you have an employment contract, when you study at a local higher education institution as a spouse of an EU citizen.
The procedure for obtaining a residence permit consists of two main stages:
2) In the second year when the residence permit is renewed, the applicant receives a plastic card, which is valid for two years, and then extended for 4 years. At the end of this time, you can apply for a permanent residence permit, issued for 10 years. To obtain a permanent residence permit, you will need to pass a simple test for knowledge of French.
Status Carte de sejour (CDS) Visiteur allows you to stay in France for an unlimited number of days. At the same time, foreigners who have obtained a residence permit are not required to stay in the country more than 183 days a year, which saves them from having to pay taxes here.


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