Sale of real estate agencies in London in recent months has seen a marked increase in the interest of clients from France to buy expensive properties
Central London estate agents - Nelsons states that interest grew so much that they hired a new agent, who speaks fluent French.
“Even before this fleeing of French in London, I spoke French with a few richer citizens of their fear of what Oland announced during the presidential campaign.
They are afraid that he would hit upon the rich French taxes and because many of them are considering moving to London, “said one of the agents.
Growing interest in real estate in London by rich French shows that they are afraid of measures of Francois Oland. He openly stated that he does not like the rich, and during the campaign announced the introduction of large high wages and property taxes. If he meet what he announced, it would be a drastic impact on the property Frenchmen, especially those who are now earning above average.
Experts claim that the rich are not scared just of announced major taxes, but also from a rebound in the price of labor and doing business in France. There is a third reason for concern - the uncertainty of what will happen with the euro, because the euro collapse could endanger the overall business climate in France. It is estimated that in London otherwise live a few hundred thousand Frenchmen, mostly in quarters Kensington and Chelsea, so that part of London is called “21st arrondissement of Paris”.
Most of them had come to London for economic reasons, because before doing business was cheaper in London than in Paris, due to taxes, labor prices, but also because of financial laws that are more liberal than in France. British authorities evaluate this as very favorable for themselves, as a chance with the French in London to move their capital and also to reinforce the importance and strength of the British capital. No vain London mayor Boris Johnson recently called French in London as many to come, even telling them - ” Bienvenue a Londres ” (Welcome in London).