Investing in islands : detaxation
There is an arrangement enabling private individuals investing in the French Overseas Departments and Territories to enjoy a 25 to 50% tax exemption on their acquisitions through a reduction of the amount of income tax. Construction projects which were begun prior to 22 July 2003 benefit from the “Paul Law”, while those that began after that date benefit from the “Girardin Law”.
More information : www.outre-mer.gouv.fr, www.legifrance.gouv.fr