🏛️ France adopts 2026 budget with new housing taxes and CSG increases

Oneliner

France's government has adopted the 2026 budget, which includes a new tax on vacant housing and an increase in the general social contribution (CSG) for non-residents selling property. The budget's approval followed significant government intervention, raising concerns about its credibility. The new tax consolidates existing levies on unoccupied residential premises, while expatriates will now face a higher CSG rate of 18.6%, compared to 17.2% for residents. Political fallout continues within the Socialist party regarding these measures.

Key points

• The 2026 budget was adopted after government intervention, raising concerns about its credibility.
• A new tax on vacant housing has been established, consolidating existing taxes.
• Non-residents will face increased CSG on property capital gains, raising equity issues.
• Political fallout continues within the Socialist party regarding the budget's measures.

Links

• Les Echos: SONDAGE EXCLUSIF - Les électeurs de gauche sanctionnent les artisans du compromis budgétaire
• Les Echos: Budget : « Les économies pour 2026 sont gonflées à l'esbroufe »
• Les Echos: Déficit : pourquoi la cible de 3 % en 2029 semble déjà hors d'atteinte pour la France
• Les Echos: Immobilier : les expatriés devront-ils payer plus de CSG sur leurs plus-values ?
• Les Echos: Immobilier : serez-vous concerné par le nouvel impôt sur les logements inhabités ?

Facts

• The 2026 budget was adopted on February 6, 2026.
• The new tax on vacant housing consolidates existing taxes into a single contribution.
• CSG for non-residents selling property has increased to 18.6%.
• The budget faced significant government intervention to secure its passage.

Quotes

• The savings for 2026 are inflated for show — Senate budget rapporteur
• Non-residents have reason to be surprised — Florent Ruault, tax lawyer

Article