As of August 25, 2025, France has begun distributing property tax notices showing a national increase of 1.7%. However, local municipalities are imposing significantly higher increases, leading to taxpayer discontent.
General Information on Tax Increase
As of August 25, the first property tax notices have been sent out. The national increase has been set at 1.7% based on inflation indexing. This is a minimum increase, as stated by Henry Buzy-Cazaux, a member of the National Housing Council: '1.7% is the minimum increase the property tax will show.' Over the past decade, property tax has increased by an average of 30%, making it one of the heaviest burdens in terms of wealth taxation.
Local Particularities and Investments
In some municipalities, increases are significantly higher; for instance, in Ploërmel, property tax has risen by 8%. Many residents find this increase difficult to accept, with some facing bills over 1,500 euros. The local mayor justifies this increase with heavy investments totaling 11 million euros for essential needs, such as the complete overhaul of sanitation systems and the construction of a new school. While some residents view these works as necessary, others feel they reflect poor budget management.
Fiscal Pressure and Alternative Solutions
In response to increasing tax pressure, some owners and investors are exploring alternative assets less affected by local tax decisions, such as cryptocurrencies. Bitcoin, for its decentralized nature, is becoming an appealing option amidst weighing traditional taxes. This situation, compounded by the dependency on local budgets, heightens tensions between local governments and citizens, emphasizing the need for reform in local taxation.
In conclusion, the increase in property tax in France is causing rising discontent among property owners, while various local initiatives and investments amplify the tax burden, prompting the search for alternative financial solutions.