The desfiscalisation does not relate to only the high revenues. From the moment when income taxes are paid, it can be convenient to benefit from it to constitute a capital and incomes for the future.

Objectives:

• To constitute a real inheritance, without contribution.

• To prepare its retreat: you have regular incomes with the rents.

• Better than a life insurance: in the event of death, the insurance loan deals with the remaining limits.

• To reduce its tax until 45003€.

What does the law Robien with the Juste provide for?

The law Robien, voted in 2003, makes it possible any natural person to profit from a tax cut being able to reach 65 % of the real estate acquired by constituting a real inheritance. It is one of the laws of the desfiscalisation promulgated to solve the housing shortage in France.

In incentive the private individuals to be invested in new housings, the law Robien supports the revival of the sector of the , one of the pillars of the economy which creates many jobs.

Of what does consist the desfiscalisation law Robien?

The desfiscalisation law Robien consists of a whole of tax incentives reserved to the private individuals who acquire of a real estate intended for the hiring. They can then deduce from their taxes:

 6 % of the global amount of the investment during the first 7 years and 4 % two following years

 100 % of the interests of the credit of the real loan without personal capital contribution

 The amount of the charges of joint ownership

 2 years of real estate tax

Thus, according to acquired housing, the private individual can deduce up to 20 008 € a year; the tax is transformed into real inheritance. The chambers paying more than 2.000 € of taxes a year are directly related to with the law of Robien. While enabling them to reduce their taxes, the law offers opportunity to them of preparing their retreat and of thinking in the future of their close relations. It is necessary for them for that to acquire a new housing, to commit itself renting it during at least 9 years at the ceiling prices in force.

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Robien. You amortize 50 % of the price of housing over nine years, at a rate of 6 % each of the first seven years, then 4 % each of the two following ones.

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An adviser in management of inheritance can help you to make the best choice

Why not call upon an adviser in management of inheritance to simplify you life? It is a true professional who will be able to switch you on best investment opportunities according to your incomes, of your saving available and the amount of your annual taxes. Thanks to its expertise, it will save to you much time while dealing with search of property in adequacy with your profile of investor. It will bring consultings to you, will install the Robien file and will be able to propose other solutions of desfiscalisation to you if you wish it.

Save time by making a simulation in line law of Robien

Thanks to Internet, you can define your profile of investor by making a simulation in line law of Robien. Many sites propose free and simple simulators which will enable you to discover opportunities according to your incomes. You will know, in some clicks, in which departments to invest and which alternatives are offered to you as regards desfiscalisation.

This information will be very useful for you to meet the trust companies of inheritance. It is always advised to meet several organisms to evaluate the amount of the Commissions, the listening and the quality of the answers which are brought to you. The first conversation is often free, one thus should not hesitate to strike with several gates. You can, in addition, call upon the Association council French of aid to taxpayers to choose a organism consulting.

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Which public? Robien and Neuf relate to the taxpayers whose incomes drawn from the hiring are taxable under the land incomes. In other words, you must rent empty housing, as main home of the tenant. The furnished hirings, the second home or the goods registered in the active of firms cannot profit from depreciation Robien or Neuf.

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Explanations on the law of Robien:

Which is the tax Regime of the law of Robien?

You have the possibility of amortizing the price of acquisition of housing at the rate of 8 % the first 5 years, then of 2,5 % the 4 following years. At the conclusion of the 9 years and up to 15 years, possibility of continuing to amortize at a rate of 2,5% a year. The operative paragraph also makes it possible to deduce from the land incomes, the charges, the expenses and the totality of the interests throughout financing.

Which are the Residences concerned with the law of Robien?

They are the new housings located in France, rented naked as main home. Let us specify that it is possible to place ascending and downward, provided that they do not concern the same household for tax purposes.

Who are the Recipients of the operative paragraph of the law of Robien?

They are all the natural persons who carry out rental real investments either on line or via society not forwarded to the (Corporate tax). They are mainly the (Real Civil society) and the (Civil society of Investment in real estate).

Procedures

• You buy a new real estate in France.

• You put it in hiring during 9 years, by adhering to a certain roof of rent (not very restrictive).

• The State refunds you a strong party of your purchase via a tax cut. Result: your real estate is financed between 70 and 90% by the tenant and the State.

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How to rent? In the two operative paragraphs, you must rent housing as main home of the tenant during nine years, in an effective and continuous way. You are one year old as from the dates of completion of housing to find a tenant if the good is sold on plans or a year as from time of purchase if it is acquired completed.

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Important: in the event of leave of the tenant, you must give the good in hiring. The tax department however provided for one period of vacancy provided that you can prove that you did everything in particular to relet (ads) and that your rent is not dissuasive. If you did not find of tenant in the twelve months, the tax department will call the advantages into question.

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Summary of the conditions to adhere to

To open right to the tax incentive, you must observe the following conditions:

- the investment in law of Robien must be carried out subject to payment

it housing must be rented not furnished within deadline a one year as from the delivery

it housing must be exclusively intended for the principal residence of the tenant

it tenant should not belong to the household for tax purposes of the investor

it housing can be rented with ascending or a descendant, provided that it does not belong to the household for tax purposes of the investor

it period of vacancy between two tenants should not exceed nths. The owner will have to justify that it used all the means necessary to find a new tenant (classified advertisements, estate agent's, etc)

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LAST INFORMATION (April 5th, 2008)

Hold of the desfiscalisation for the rental investments

Christine , Minister for Housing, stated Saturday that the government did not provide for to abolish the operative paragraphs of tax reduction in favor of the rental investment, told Robien and , within the framework of the measurements of announced economies of the State Friday.

“Much think that they should be abolished (these operative paragraphs, note). The generalized removal of and Robien would prevent the construction of the 58 008 residences which were made last year on the basis of of Robien and ”, it indicated on France Info. (...)

“There is no shrinkage in the government budget in this field”, it added.