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Reunion Property And Citizenship Guide
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Home Immigration Country Guides Indian Ocean

Reunion Property and Citizenship guide

Pavel Dsilva by Pavel Dsilva
February 1, 2021
in Indian Ocean, Golden Visa
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Reunion Property and Citizenship guide
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Location of Reunion

Key Facts:

Climate – Réunion has a hot sub-tropical climate with sea temperatures that rarely drop below 23°C. The interior uplands have an almost temperate climate.

Population (2020) – 859,959

GDP (Per Capita) (2007) – $23,501

Official language – French

Major religions – Christianity (86.9%), Hinduism (6.7%), Islam (3.2%)

Ethnic Groups – African, Indian, European, Malagasy, Chinese

Currency – Euro (EUR)

Government – Réunion is governed by French law, and its constitution is the French constitution

Taxes – For rentals, the net income received by a nonresident is subject to a minimum income tax rate of 20%, unless the taxpayer can prove that, if he had been resident in France, his effective rates of taxation (on his worldwide income) would have been lower than 20% (which is unlikely). This rate applies to both furnished and unfurnished rentals. For capital gains, new rules were introduced in 2004. EU residents and residents of France now pay 16% on the net gain, after deduction of acquisition and improvement costs (the default deductions under these two headings are 7.5% and 15% respectively, but if invoices can be produced, more may be allowable). For both residents and nonresidents, discounts of 10% a year are allowed after the fifth year of ownership, with the effect that after 15 years no gain is chargeable to tax.

Residency by Investment:

According to which country a person if from, there are different visas which a person can apply for to visit Reunion.

Citizenship by Investment:

To be Updated.

Why it makes sense?

To be Updated.

To get more information & assistance, please submit the form below and our specialist will get in touch with you at the earliest.  

Tags: reunion citizenship guidereunion property guide
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