French Life Annuity (Viager) Property Investments?

3. Financial and Tax Implications of Viager Property

The buyer is liable for stamp duty, local taxes and other associated purchase costs.

The buyer is also responsible for any major repairs and must also insure the property.

There are no specific tax breaks for the buyer.

There are wealth tax benefits to the seller, provided of course there is any liability to the tax.

We recommend you always seek independent advice contact when considering a life annuity investment.

An agent specialising in viager and/or a notaire will be in the best position to give such advice.