Finnish resident: letting a flat in Nice, tax and structure

What the tax treaty says

A new treaty signed on 4 April 2023 entered into force on 28 August 2026 and applies from 1 January 2027.

How double taxation is avoided

Up to 2026 income: exemption with progression. From 2027: tax credit; French rent will also be taxed in Finland, less French tax.

On the French side: what you will pay

• Income tax at the non-resident minimum rate: 20% up to €29,579, 30% above (2025 income), or the average rate on option.
• Social charges: 7.5% (solidarity levy only) if you are covered by this country’s social security.
• Micro-BIC 2026: 30% allowance up to €15,000 (unclassified holiday let), 50% up to €83,600 (classified or mobility lease).
• Capital gains: 19% plus social charges, holding-period allowances. See taxation.
• Receiving rent: a French account is not required, a European (SEPA) account is enough. See receiving rent from abroad.

Finland-specific taxes

• No wealth tax.

Declaring your Nice flat at home (Finland)

• Rent from property abroad is reported in MyTax (OmaVero) or on form “16B” (statement on foreign income, capital income); forms 7H, 7K and 7L only cover property in Finland.
• Up to 2026 income, France falls under the exemption method: your Nice rent is not taxed in Finland but must still be declared, as it can increase tax on your other capital income. Deductible expenses and interest cannot exceed taxable rent.
• From 2027 income (credit method), Vero will tax this rent and then deduct the tax paid in France: keep your French tax notices from now on.
• Deadline: the date printed on the first page of your pre-completed return; in 2026 it was 1, 14, 21 or 28 April depending on the taxpayer.

Form names and deadlines are those published by the country’s tax authority and change every year: have them confirmed by a tax adviser in your country.

What if you buy through an SCI?

No Finnish doctrine found on the SCI; an advance ruling is recommended.

Reminder on the French side: an SCI letting furnished becomes liable to corporate tax above 10% commercial receipts, and a company whose main activity is letting property must compensate from the first flat to get a change of use in Nice.

Which structure, generally?

Personal ownership; the 2027 change of method will raise Finnish tax if your rate exceeds the French one.

General guidance, to be confirmed with a tax adviser in your country and a French notary before buying.

Change of use, without travelling

No nationality condition: an owner living in Finland applies like a French resident, usually under a power of attorney. We prepare and file your application for free, then manage the property in English, at 20% excl. VAT (24% incl. VAT) for short stays or 15% excl. VAT (18% incl. VAT) under a mobility lease.