Getting a residence permit through buying a property in France
Buying a property in France does not lead to getting a residence permit in this country, and you must try other ways to get a residence permit in this country. If people have a tourist visa, they may be able to visit France for 90 days. It is not possible to extend a visa in this country, and in fact in France your visa cannot be extended but you can apply for a residence permit through one of the other procedures for getting a residence permit, which is valid for one year and needs to be renewed every year. To renew this permit, you must prove that you are educating, working and investing in this country. According to the law, everyone in this country has an identification code. Therefore, visitors must apply for a residence permit by providing documents whenever they have a valid passport. British citizens as a member of an EU country can work and live in this country whenever they want, and do not need a work permit. The required documents for getting residence permit, is an official residence document that includes an identification card (de sejour).
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People who are eligible to buy a property in France
There is a law in this country which states that everyone is allowed and can buy a property in this country and in fact they can enter this country with a tourist visa and buy their property. Of course, with a tourist visa, they can only stay in France for six months. Of course, it is recommended for you to consult a reputable lawyer when you are buying property in France so that you do not get into troubles, because some parts of France have had good economic growth and some parts didn’t have good economic growth over the time. To buy a residential property in France, a person must have a house (14 square meters of house per person). To buy a residential property, the person cannot get a loan. If the person wants to buy a commercial property, the French government grants him/her a loan, which is 65% of the amount of the property, and also the spouse and children under the age of 18 receive a tourist visa.
The legal process of buying property in France
For buying a property in France, you must first make sure that the property in question is not prohibited for buying and selling and is not prohibited by law. Once you are sure of this, you can pay an amount of money to the owner as a prepayment, and pay the rest of the money after the property contract has been legally signed and approved by the parties. When you are buying a property, the person should give you a report on the conditions of purchase of the property, based on the amount of damage to the property, both in terms of natural disasters and other cases, and give you information about the condition of the property. It is necessary to mention that for buying a property in France, you cannot directly get a residence permit and a passport, and you must go through some steps (process) in order to get a residence permit and a passport.
The cost of buying a property and renting a property in France
Buying a property in France, a property in France has different prices depending on the location of the property, whether it is new or old, as well as its size (per square meter), so the price of apartments in the city center increases more than the price of apartments outside and around the capital city. According to the fact that prices have been falling over the past few years and the demand for housing loan (mortgage) in this country has also decreased, the country is currently not doing well compared to the neighboring countries such as Spain and the Netherlands. Some of the costs that are associated with buying and renting a property in France are shown in the table below. In addition to the cost of buying a house, there are other expenses that are related to the price of the house including; taxes, which in addition to tax on property costs, it also includes taxes on real estate consultant fees, lawyer fees, and document registration fees. . .
| Buying an apartment in the city center (per square meter) | 10,375 euros |
| Buying an apartments outside of the city (per square meter) | 7,349 euros |
| Renting one-bedroom apartment in the city center | 1,170 euros |
| Renting one-bedroom apartments outside of the city | 825 euros |
| Renting three-bedroom apartment in city center | 2,565 euros |
| Renting three-bedroom apartment outside of the city | 1,732 euros |
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