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Come to Paris this winter for the best shopping of the year at the sales from January 11 to February 14 or celebrate a romantic Valentine's Day in the City of Light and your best bargain will be on a luxurious Parler Paris Apartment! You'll receive the lowest prices of the year when you book your stay in January or February.
This luminous and spacious apartment has become another “must visit” during your trip to Paris. Located in a much sought-after part of Le Marais, you will appreciate the calm and quiet of its building. The focal point of the apartment is its “double séjour” – an extra large living room and dining room combination, which can be divided from the rest of the apartment with sliding, custom etched, glass panel doors. Book now! Visit Parler Paris Apartments to view our full selection or email apartments@adrianleeds.com Bonjour French Property Insider Subscriber,
France has a bad reputation for high taxes, but you would be very surprised to learn that property tax in France is actually very low, particularly in Paris. There are two types of tax due annually: Taxe d'Habitation and Taxe Foncière (property tax). These taxes go towards your local community for things like street cleaning, trash collection, education, community facilities and of course, the administration. Taxe d'Habitation is paid by the party resident in the property on January 1st. If you own an apartment and rent it 100% of the year, then your tenant will be responsible for paying this tax. If not, then you will be liable. Taxe Foncière is paid by the owner. Both taxes often are very similar in cost and amazingly, each seems to equate to approximately 1€ per 1000€ of the value of the property annually. Yes, you read right. An apartment of 50m2, valued at about 500,000€ has a tax bill of about 500€! By comparison, in the U.S., the lowest tax rate is 0.18% (Louisiana) and the highest is 1.89% of the value (New Jersey). So, take the same example. A $500,000 property in Louisiana has a tax bill of $900, but the property in New Jersey has to choke up $9,450.
The assessment in France is not based on the value of the property, as it is Stateside, but is determined by a notional rental value of the property known as the valeur locative cadastrale. Changes to your property, such as the addition of central heating, another bedroom or a swimming pool have an impact and therefore on your tax assessment. These changes are required to be reported to the tax authorities (Centre des Impôts Fonciers or Bureau de Cadastre) within 90 days of completion of the work. The valeur locative cadastrale is reviewed by the administration every year to determine if a tax increase is due or not. An update on the status of the local taxes was just released by the Paris City Hall this week. It reports that after an increase in tax was imposed in 2009 of 9%, the city now confirms that there will be no increase of tax until 2014. Despite the increase of last year, Parisians pay well below those of other major cities in France. It is also worth noting that the Taxe d'Habitation includes the television license fee, and this is obligatory to pay if you have a television at all in the property, whether or not you claim to use it to watch television!
Taxe Foncière assessments are sent out normally at the end of August and are due October 15th. Taxe d'Habitation is assessed September 30th with a deadline of November 15th for payment. If you choose to pay online (Tax Payment Online), you get an additional five days grace period after the payment date stated on your tax notice.
I could go on and on and on, but it would just make you wonder where all that tax you pay Stateside really goes. Do you know? A bientôt,
(photo by Erica Simone) Email: fpi@adrianleeds.com
P.S. Happy New Year! May this year be the year you invest in France!  Getting a mortgage in France is easier than you think...
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Starting Over in Paris -- Episode HHINT-2807H AIR TIMES: While spending the summer in Paris as a law student, Mimi Chiang told her daughter she'd one day like to own a piece of this romantic city. But once she arrives with her two kids, real estate professional Adrian Leeds has a message that could threaten 10 years of dreaming. Homes in her $1 million budget are scarce. And most likely, they will need some work, especially if she wants the classic French style. Will she settle for small or spend thousands over her budget to create the vision she's clung to for years? Find out when House Hunters International walks the romantic streets of Paris, France.  Adrian Leeds® Top 100 Cheap Insider Paris Restaurants -- You don't need to be rich to dine well in Paris, you just need to be in the know!
Dining Travel Reference: #2 Budget Travel Guides: #8 Travel Dining Reference: #19 Online since 1996, Adrian Leeds® Top 100 Cheap Insider Paris Restaurants has been completely updated for 2011. This restaurant guide has been a favorite among visitors to France for many years. The guide includes 100 restaurants from the 20 arrondissements in Paris, so no matter where you are in the City of Light, you can discover great food and better value. You’ll find detailed descriptions of the food, service and ambiance, complete with Google maps, a glossary of French food terms and guidance on how to have the best dining experiences in Paris! If you want to dine “à la française” on your next trip to the City of Light, be sure to pack this guide. Get your copy of Adrian Leeds Top 100 Cheap Insider Paris Restaurants Helpful Conversions for Real Estate 1 square meter = 10.7639104 square feet 1 hectare = 2.4710538 acres For more conversions, refer to: www.onlineconversion.com/  Parler Paris Après-Midi
At every Après-Midi, a guest speaker of note will come to talk about a topic of interest and then open the floor for questions and discussion. January 10 - Julie Vetter, Online Marketing and e-Reputation Services presents "Inbound Marketing and the Laws of Attraction" Traditional marketing tries to capture an audience through one-way advertising messages wherever potential customers might be, but the audience is getting better at filtering out this noise. The Internet has evolved to a two-way medium and Inbound Marketing shifts your business to attracting the audience to your products and services. We'll discuss how using new methods and tools can supercharge your online impact and give you a better return on your marketing efforts.
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Featuring 
On Sunday, January 1st, 2012, whomever inhabits a property in France, will be responsible for paying the annual Taxe d'Habitation (resident tax). It's an interesting way to start the new year -- although fortunately, it's not paid until the end of the year.
From a personal sentiment, I have never minded writing that check every year to the tax authorities. While tax is a necessary evil if we want to live in a sophisticated society, here there is evidence that the money is (generally) well spent. Every evening the garbage trucks pass keeping the streets clean -- daily. The public schools were better than excellent for my daughter who graduated with an international baccalaureate degree -- at no charge. Around the corner, the historic iron marketplace, the "Carreau du Temple," is now under renovation to become a public multi-purpose facility of which we can all take advantage. The City Hall of the 3rd arrondissement was the first to provide WiFi all over the district many years ago and never stops providing programs of all sorts on the public level.
Adrian Leeds 
Amazon.com Bestsellers in...
Tuesday, January 10, 2012