Travel expert Mike Harvey warns that France’s economy, heavily reliant on tourism, could suffer if the country introduces a tax on foreign property buyers similar to Spain’s recent move. Despite a surge in tourism revenue, France faces challenges with housing availability and overtourism, exemplified by towns like Villefranche-sur-Mer and the Isle of Bréhat. If property taxes are implemented, it could deter foreign buyers, impacting the economy and local businesses dependent on international spending.
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France issued GDP warning as more Europe hotspots tipped for Brits’ holiday homes tax rise | World | News
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