Tax exemption Law Pinel Tahiti (Overseas)

Any taxpayer domiciled in France, who acquires between January 1, 2018 and December 31, 2018 a new housing or in a future state of completion, may benefit from the Pinel scheme.
The PINEL LAW entitles you to an income tax reduction of up to € 18,000 per year for 9 to 12 years.

The Pinel Outre-Mer law will therefore encourage investment in the Overseas Departments and Territories by granting taxpayers a tax reduction.

Any French taxpayer who acquires a new rental property located in French Polynesia, benefits from the law PINEL OUTREMER.

Tax exemption in Pinel Dom-Tom law is determined from the amount of the investment. It varies according to the duration. The more the buyer, rent the house the bigger the tax reduction is important.

  • Pinel Overseas Act over 6 YEARS
    >> Pinel tax reduction rate = 23% *
  • Pinel Overseas Act over 9 YEARS
    >> Pinel tax reduction rate = 29% *
  • Pinel Overseas Act over 12 YEARS
    >> Pinel tax reduction rate = 32% *

* The percentage of tax reduction applies to the cost price of the property plus notary fees up to € 300,000 and with a ceiling of € 5,500 per m2.

The apartment in law Pinel Outremer must be built in compliance with the construction standards called “BBC” (Building Low Consumption). This involves a construction carried out according to BBC 2005 or RT 2012 standards.

En Polynésie
Résidence de standing

The law Pinel DOM-TOM or overseas departments and overseas territories, is feasible when the housing is new, and built in Guadeloupe, Guyana, Martinique, Reunion, Mayotte, Saint-Barthélemy, Saint-Martin, Saint-Pierre-et-Miquelon, New Caledonia, French Polynesia and the Wallis and Futuna Islands.

The taxpayer must rent his home within 12 months after delivery of the property. He agrees to rent it for a period of 6 years up to 12 years.

The owner of the dwelling undertakes to apply rent ceilings per square meter.
Ceiling of monthly rent in € / m2 – Pinel zoning French Polynesia: Pinel TAHITI law: 12,42 €

In order to rent a home in Pinel law in Overseas, the tenant must have annual income below the ceiling set by law.
Only for the PINEL – French Polynesia scheme:

  • Single person 30.405 €
  • Couple 40.602 €
  • Single person or couple with 1 pers to pay 48.829 €
  • Single person or couple with 2 pers to pay 58.947 €
  • Single person or couple with 3 people to charge 69.344 €
  • Single person or couple with 4 people to pay 78.150 €
  • Surcharge per dependent from the 5th+8.719 €

For more information and a simulation of your tax exemption, do not hesitate to contact us.