How wealth tax works in France
France replaced the old broad wealth tax (ISF) with the impôt sur la fortune immobilière (IFI). In 2026, households are in scope when the net taxable value of non-professional real estate exceeds EUR 1.3 million on 1 January.
Once the threshold is crossed, the progressive scale starts from EUR 800,000 of net taxable real-estate wealth and rises from 0.5% to 1.5% above EUR 10 million. Financial assets such as ordinary bank cash, listed shares and many business interests are outside IFI unless they are real-estate rich in a way that brings them back into the real-estate base.
French tax residents are generally assessed on worldwide non-professional real estate, subject to treaty rules. Non-residents are generally assessed only on French real estate. Qualifying debts can reduce the base, and temporary arrival exemptions can shelter non-French real estate for some new residents.
Wealth tax brackets in France
| Bracket | Rate | Notes |
|---|---|---|
| Up to EUR 800,000 | 0% | Scale starts here only if IFI threshold is met |
| EUR 800,001 to EUR 1,300,000 | 0.50% | First taxable IFI band |
| EUR 1,300,001 to EUR 2,570,000 | 0.70% | |
| EUR 2,570,001 to EUR 5,000,000 | 1.00% | |
| EUR 5,000,001 to EUR 10,000,000 | 1.25% | |
| Above EUR 10,000,000 | 1.50% |
Tax rates at a glance
- General net wealth tax
- 0%No broad tax
- IFI threshold
- EUR 1,300,000
- EUR 800,001 to EUR 1,300,000
- 0.50%
- EUR 1,300,001 to EUR 2,570,000
- 0.70%
- EUR 2,570,001 to EUR 5,000,000
- 1.00%
- EUR 5,000,001 to EUR 10,000,000
- 1.25%
- Above EUR 10,000,000
- 1.50%
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
InvestorsProperty ownersFamily officesHigh earnersExpats
Watch out for
- No general wealth tax does not mean France is light on asset ownership. Property tax, housing tax on secondary homes, transaction taxes, IFI and inheritance tax still matter.
- The EUR 1.3 million figure is an entry threshold. Once you are in, the calculation can reach back to EUR 800,000 of net taxable real-estate wealth.
- Real-estate companies, SCIs and indirect holdings can still fall into the IFI base when the underlying asset is non-professional real estate.
- New residents sometimes benefit from temporary non-French real-estate exemptions, but French property remains exposed and the conditions are technical.
Frequently asked questions
Does France have a wealth tax?
France does not currently levy a general net wealth tax on all assets. It does levy IFI, an annual real-estate wealth tax above EUR 1.3 million of net taxable non-professional real estate.
Are shares and crypto taxed as wealth in France?
Not under a general wealth tax. Ordinary financial assets are outside IFI, although they can still be taxed through income tax, PFU, capital gains rules or inheritance tax.
Who pays IFI in France?
Households whose net taxable non-professional real-estate wealth exceeds EUR 1.3 million on 1 January. Residents generally count worldwide real estate; non-residents generally count French real estate only.