Can a foreigner buy property in Paris?
Yes, with no restrictions whatsoever. France places no conditions of nationality or residency on property ownership: you do not need a visa, a residence permit or French citizenship to own an apartment in Paris, and a non-resident buys under exactly the same conditions as a French resident. No extra tax or surcharge applies at purchase because you are foreign. The whole process can also be handled remotely, with live video viewings and signing by power of attorney. Around 30% of Home Select's clients live abroad when they buy, and the search takes 45 days on average.
Who pays the property hunter in France, the buyer or the seller?
In France the buyer pays the property hunter, unlike the United States or the United Kingdom where the buyer's agent is typically paid by the seller. At Home Select the fee is 2.5% of the purchase price (minimum €10,000 incl. VAT), charged only on success, and the 6% average negotiation usually more than offsets it.
Are there English-speaking property hunters in Paris?
Yes. At Home Select, eleven property hunters work in English, and the team also covers German, Spanish, Italian and Persian. The service runs in English from the first call through to signing at the notary: brief, viewing reports, negotiation case and review of the preliminary contract. Each hunter's languages are listed on their public profile on the team page. We also work with notaires and mortgage brokers used to international files, able to explain a conditional clause in English.
Can an English-speaking buyer handle the whole purchase in English, deeds included?
The search, the negotiation and every explanation happen entirely in English. The notarial deeds themselves are drawn up in French: that is a requirement of French law, not a limit of the firm. The notaire will provide a translation or read the deed with an interpreter if you ask, and your hunter walks you through every clause beforehand, so nothing is discovered on signing day.
Do I need to be a French tax resident to buy?
No. Non-residents are fully entitled to buy in France. The tax that applies to your purchase and any future rental income depends on the tax treaty between France and your country of residence; we connect you with bilingual notaires and tax advisers so nothing is left unclear.
How do I arrange a mortgage as a non-resident?
Several French banks lend to non-residents, typically with a 20 to 30% deposit and a debt ratio capped at 35% of income. Foreign-currency earnings are accepted with a discount. Secure an agreement in principle before the active search; our specialist broker partners sharpen international applications.
Can I buy without travelling to Paris?
Yes, and many of our clients do. Between live video viewings, detailed written reports and signing by proxy (procuration) at the notaire, both the preliminary contract (compromis de vente) and the final deed (acte authentique) can be completed entirely from abroad.
How do I buy in Paris from Geneva or elsewhere in Switzerland?
Exactly as from any other country, with one advantage: the time zone is the same, so live video viewings happen during your office hours. No restriction applies to Swiss residents, and the whole purchase runs remotely: mandate signed electronically, filmed viewings, offer, preliminary contract and final deed by power of attorney. French banks lend to non-residents with a 20 to 30% deposit, Swiss-franc income being counted with a discount. At Home Select, Switzerland is among the top countries of the international client base: the search takes 45 days on average, as it did for a couple based in Switzerland whom the firm assisted with a pied-à-terre in the 6th arrondissement.
What are the real costs of buying in Paris as a foreigner?
No cost is added because of nationality. Plan for the purchase price, notaire fees of 7 to 8% on an existing property (including 5.81% transfer duties) and a property hunter fee of 2.5% (minimum €10,000 incl. VAT, only on success). On an €800,000 flat that is roughly €60,000 in notaire fees and €20,000 for the hunter.
Will I pay French wealth tax on a Paris apartment?
Only above a threshold. The impôt sur la fortune immobilière (IFI) is charged to non-residents on their French real estate once its net taxable value passes €1.3 million, on a sliding scale beyond that, with outstanding mortgage debt deductible from the base. It looks at your French property alone, not at your worldwide wealth, so a single apartment valued below that threshold falls outside it. On a prime Paris purchase the question is worth settling before you sign rather than after: we introduce you to bilingual tax advisers at the start of the search.
What tax will I pay when I sell my Paris apartment?
French capital gains tax applies to any property that is not your main residence: 19% income tax plus 17.2% social levies on the gain. Taper relief reduces both the longer you hold, clearing the income tax after 22 years and the social levies after 30. Sellers resident in the EEA, the United Kingdom or Switzerland pay a reduced 7.5% solidarity levy in place of the 17.2%; residents of the United States do not qualify for that reduction. The France to United States tax treaty then relieves double taxation through a foreign tax credit, which is your own adviser's territory rather than ours.
Can I let my Paris apartment short-term when I am not using it?
Not freely, and this is the assumption that catches foreign buyers out most often. In Paris, short-stay letting is capped at 90 nights a year when the property is your main residence (Le Meur law, since 1 January 2025). For a second home, Paris requires a change-of-use authorisation granted against commercial compensation, which in practice puts it beyond reach for most individual owners. Conventional letting, furnished or unfurnished, carries no such limit. Tell us at the brief if rental income matters to you: it changes which buildings and which arrondissements are worth visiting.
How do I transfer the funds from abroad?
The money goes through the notaire's escrow account, which requires it to come from an account in the buyer's own name, with a traceable origin. Two things decide what the transfer really costs you. Timing: an international wire takes several working days and has to be started well before completion day, or signing is pushed back. Exchange rate: on a Paris purchase, the gap between a high-street bank's rate and a currency transfer specialist's runs into thousands of euros. We introduce you to our currency transfer, financing and tax partners, chosen for their experience of international files.