Your VAT Refund Scheme with Our Partner

The French government will refund the VAT (11-19.6%) to investors on all purchases of new build leaseback properties, which represents a significant saving on the purchase price to investors (the VAT rate for new build properties is 19.6% and for refurbished properties it varies between 6 and 14%).  Formerly, this VAT was repayable pro rata temporis should a client sell within 20 years though the law was revised in 2006 so that no VAT is repayable on sale as long as the property remains within the lease even if the terms are completely revised.

Instead of investors paying the VAT and reclaiming it from the government several months later, Our Principal will pre-finance the VAT in advance so clients do not need to raise this capital or endure the administration of recovering the VAT themselves so only pay the purchase price excluding VAT. This is NOT applicable to the purchase of resale leaseback properties, where calculations have already been done!