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The New EU Entry/Exit System (EES): What You Need to Know

The New EU Entry/Exit System (EES): Important Information for Non-Schengen Property Owners and Buyers

The EU’s new Entry/Exit System (EES) will soon affect all non-EU nationals, including British property owners and buyers travelling in and out of the Schengen Area. This system aims to streamline border control procedures, track the time spent within the Schengen Zone, and enhance security. Understanding how this system works is crucial for those who own property in the region or are considering a purchase.

What is the EU Entry/Exit System (EES)?

The EES is a new electronic system designed to register the entry and exit of non-EU travellers, replacing the current system of manually stamping passports. It will monitor the duration of stays in the Schengen Area and ensure compliance with visa-free travel rules.

When will the EES start?

The EES is expected to launch in November 2024. From this date, all non-EU citizens, including British nationals, will have their movements in and out of the Schengen Area recorded electronically.

How does the EES affect British property owners and buyers?

For British nationals who own or are purchasing property in Schengen countries, the EES will help track the 90-day limit for stays within the Schengen Zone. This rule means non-EU nationals can only stay in the Schengen Area for up to 90 days within a 180-day period without a visa. The EES will make it easier for authorities to enforce this rule by digitally logging each entry and exit.

What data will the EES collect?

Each time you enter or leave the Schengen Area, the following data will be recorded:

  • Biometric data (facial images and fingerprints)
  • Personal information from your passport (such as your name and nationality)
  • The date and time of entry/exit
  • The border crossing point used

Will I still need my passport stamped?

No. The EES will replace the need for passport stamps, as all travel information will be stored electronically. This makes it easier for frequent travellers to track their time in the Schengen Area without relying on physical stamps.

Why is this important for property owners?

Many British nationals own second homes in countries like France, Spain, and Italy. Understanding how the EES works is essential to ensure compliance with travel limits, especially for those who travel frequently between their home country and their property in the Schengen Area.

What if I have a residence permit or long-stay visa?

If you hold a valid residence permit or long-stay visa in a Schengen country, the EES rules might not apply to you in the same way. However, it’s important to verify the latest requirements before travelling, as there may be exemptions depending on your residency status.

FAQs about the EU Entry/Exit System (EES) for Property Owners and Buyers

How will the EES impact my travel to and from my property in France or another Schengen country?

The EES will automatically log each time you enter and exit the Schengen Area, helping you keep track of your 90-day limit in any 180-day period. This is particularly relevant if you travel frequently between your property and the UK.

Will I still need to keep track of my days in the Schengen Area?

Yes, while the EES will log your entry and exit electronically, it’s still your responsibility to ensure you do not exceed the 90-day limit within a 180-day period without proper authorisation.

What happens if I exceed the 90-day limit?

Overstaying your 90-day allowance could result in fines, future entry bans, or other penalties. The EES will make it easier for authorities to detect overstays, so it’s important to plan your travel accordingly.

Do I need to provide biometric data every time I enter and exit the Schengen Area?

Yes, biometric data (facial images and fingerprints) will be collected at the border as part of the EES process. This will streamline the travel process and enhance security.

Will the EES affect the process of buying property in France or other Schengen countries?

The EES does not directly affect the process of buying property. However, it may impact how often you can visit your property without a long-stay visa or residence permit.

Will the EES impact my ability to rent out my property?

The EES primarily affects travel, so it won’t directly impact your ability to rent out your property. However, you should be mindful of how often you can visit your property under the 90-day rule if you’re managing short-term lets.

Can I still stay in my property for more than 90 days at a time?

Yes, but you will need a long-stay visa or residence permit to stay in your property for more than 90 days in any 180-day period.

As a British property owner or buyer in a Schengen country, staying informed about the EES and its implications is crucial. This new system will modernise border control processes and ensure compliance with Schengen Area travel rules.

Key Insights and Knowledge

Purchasing a ski property in the French Alps is a wonderful lifestyle investment. It offers a second home where you can create cherished memories on and off the slopes during the ski season. Moreover, with many resorts expanding their summer activities, the French Alps are increasingly popular during the summer months.

Why Buy a Property in the French Alps?

Outstanding Skiing

The French Alps boast some of the largest and best ski domains in the world, such as the Three Valleys, the largest interconnected ski area globally with 600km of pistes across eight resorts. Here, you will find renowned ski resorts like Val d’Isère, Courchevel, and Méribel.

Beyond the Slopes

While skiing is the main attraction, there’s plenty to enjoy off the slopes too, from savouring the region’s Michelin-starred cuisine to relaxing in luxurious mountain spas. The summer months are equally appealing, offering activities like hiking, golf, paragliding, and mountain biking, ensuring there’s something for everyone.

Investment Potential

Owning a ski property in the French Alps is often an emotional decision, yet it can also be lucrative. With high occupancy rates in winter and increasing rates in summer, there is potential to generate substantial rental income throughout the year. Continuous improvements in ski infrastructure and significant regeneration projects, enhance the prospects for capital appreciation.

What to Consider When Choosing a Ski Property in the French Alps

Proximity to Key Amenities

As with any property purchase, location is crucial. Once you’ve chosen a ski resort in the French Alps, consider the property’s location within the resort. Ski-in ski-out properties offer ultimate convenience but tend to be more expensive. Decide whether you prefer to be central with immediate access to shops, restaurants, and amenities or more secluded where driving to services is necessary.

New Build or Resale?

When buying a home in the French Alps, you have the choice between new builds and resales. Each option has its unique advantages and is largely a matter of personal preference.

Investment Potential

Both new builds and resales can offer wonderful investment opportunities. With consistent demand in winter and growing interest in summer, rental yields can remain strong throughout the year.

New-Build Properties

New-build properties offer several financial incentives. They come with lower notary fees of 2-2.5% compared to 7-8% for resales and may qualify for a VAT rebate, reducing the purchase price. New-builds usually feature modern comforts and no wear and tear, often with guarantees. Buyers can customise off-plan properties by choosing finishes, adjusting layouts, or adding extras like a pool or a jacuzzi.

Resale Properties

While new builds might take time to complete, resale properties are generally available immediately, allowing you to start enjoying or renting them out straight away. Though they come with higher notary fees of around 7-8%, they can be more affordable than comparable new-builds. Buying a resale property also allows you to see and assess the property in person beforehand.

Resort Ambience

Each resort offers a different skiing experience and ambience. For a lively après-ski scene with bars, fine dining, and music, resorts like Val d’Isère, Courchevel, and Méribel Centre are ideal. For a quieter environment, consider villages like Levassaix in Saint-Martin-de-Belleville or Méribel Village. Families should look for resorts awarded the Famille Plus Montagne label, which indicates family-friendly activities and services.

Long-Term Value

When purchasing any property, consider its long-term value. Check for upcoming infrastructure improvements and developments in the resort, as these can significantly increase property value.

Must-Haves

From spacious chalets with private spas to practical ski-in apartments, the variety of properties can be overwhelming. Make a list of essential features like the number of bedrooms and additional amenities such as gym access, concierge services, swimming pools, or spa facilities.

Dual-Season Resorts

With beautiful lakes, hiking trails, mountain biking, and more, the French Alps are ideal for summer holidays too. Consider if the resort is active in the summer, as this can help maximise rental income throughout the year, not just during peak seasons.

Choosing the Right Developer

When buying off-plan, research the developer’s experience with ski properties. Check their previous projects and visit any show properties if possible. This will help you gauge the quality of their work. At Town & Country Property France, we partner selectively with trusted developers who have a proven record of success.

IMPORTANT

You should be vigilant when selecting financial services firms. Our agency will not accept responsibility if you transfer money to a firm which goes out of business owing you money.

Get the best Euro € rate

The French property buying process includes a contract called the "Compromis de  Vente" where the term of the sale are laid as well as the price – which will be in euros. So if you are living in the UK you will need to  convert pounds sterling in to euros so you can complete the purchase of your property in France. The same applies if you wish to change dollars to euros or other worldwide currencies.

A Foreign exchange currency broker can offer favourable rates on these transactions and could save you a small sum which go towards a new kitchen, bathroom or swimming pool!

If you are considering buying a French property, it is essential to understand the complexities of currency exchange rates and how they can impact your purchase. A currency broker can provide you with valuable assistance in this process, helping you to secure the best exchange rate and save money on your property purchase. 

Here are some of the reasons why you should consider using a currency broker when buying a house in France: 

1. Competitive exchange rates:

A currency broker can offer you more competitive exchange rates than banks, which can save you a significant amount of money on your property purchase. They have access to a range of currency markets, which means they can offer you better rates than banks and other financial institutions.

2. Expertise:

Currency brokers are experts in foreign exchange, and they have a deep understanding of how the currency markets work. They can provide you with valuable insights into market trends and help you make informed decisions about when to buy or sell currency.

3. Personalised service:

When you work with a currency broker, you will have access to a dedicated account manager who can provide you with personalised service. They can guide you through the currency exchange process and answer any questions you may have along the way. 

4. Flexibility:

Currency brokers offer flexibility in terms of how you can transfer your money. You can choose to transfer your funds in a lump sum or in installments, depending on your needs and preferences.

5. Peace of mind:

When you work with a currency broker, you can have peace of mind knowing that your money is in safe hands. Currency brokers are regulated by financial authorities, which means they are required to adhere to strict standards and regulations.

In conclusion, using a currency broker when buying a house in France can provide you with many benefits, including competitive exchange rates, expert advice, personalised service, flexibility, and peace of mind. With the assistance of a currency broker, you can navigate the currency exchange process with ease and confidence, allowing you to focus on finding your dream home in France.

You should be vigilant when selecting financial services firms. Our agency will not accept responsibility if you transfer money to a firm which goes out of business owing you money. 

Additional checks are also recommended.

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    Some Do’s and Don’ts of Viewing Properties in France

    Bonjour and welcome to the wonderful world of French property! Whether you’re seeking a charming gîte in the Dordogne or a chateau in the south of France, finding your dream home requires a bit of know-how, especially for our English-speaking friends. Here at Town & Country Property France, we specialise in guiding international buyers through the exciting (and sometimes bewildering) process of buying properties in France.

    Here are some pre-viewing tips:

    • Plan Ahead: Appointments are essential in France. Don’t expect open houses! Contact an English-speaking agent well in advance, especially if your visit is time-limited.
    • Do Your Research: Know your budget, preferred region, and must-have features. France offers a diverse property landscape, from historic chateaux to modern apartments.
    • Be Prepared: France is a big country so plan you itinerary in advance. Over ambitious schedules can ruin a trip and waste your time.
    • Be Personally Ready: Dressing appropriately, meal and comfort breaks all need to be planned into your day.

    Do:

    • Be Punctual: Politeness goes a long way. Arrive on time for your viewing, and notify your agent immediately if you’re running late.
    • Embrace the Checklist: Compile a list of questions about the property, local amenities, and potential renovation needs.
    • Ask Questions: There are no silly questions! A good agent will be happy to address any concerns you have.
    • Take Notes and Photos: Memories can fade, so jot down details and snap pictures to help you compare properties later.
    • Consider the Long Term: Think beyond today. Factor in potential renovation costs, ongoing maintenance, and property taxes.

    Don’t:

    • Wing It: Spontaneous viewings are unlikely to work in France. Be prepared and organised.
    • Focus Solely on Looks: While charm is important, don’t be blinded by it! Check for structural integrity, roof condition, and for other issues.
    • Forget the Details: Pay attention to things like heating systems, insulation, and the overall layout.
    • Be Afraid to Negotiate: House prices in France aren’t always set in stone. However, be respectful and base your offer on a realistic valuation of the property.
    • Rush the Process: Finding the right property takes time. Don’t feel pressured to make an immediate decision.

    Frequently Asked Questions:

    • What documents do I need to buy property in France? bring with you your passport, proof of domicile as well as proof of funds.
    • Can I haggle on the price? Negotiation is common, but do so within reason. Check with your agent.
    • What are the additional costs involved? Expect notary fees, property taxes, and agency fees.
    • What about renovations? Always consider renovation costs and potential permits needed.

    Thinking of making your French property dream a reality? Contact the English-speaking professionals at Town & Country Property France today! We’ll guide you through every step of the viewing process and help you find your perfect French home.

    A word from the wise: Embrace the cultural differences! Viewing properties in France can be a delightful adventure. Be prepared, ask questions, and most importantly, enjoy the process of discovering your French haven.

    So you want to sell your property in France? This is an exciting journey, but understanding its value is crucial for making informed decisions. Town & Country Property France offers free verbal property estimations only.

    Why Town & Country Property France Doesn’t Offer Written Property Valuations

    You might be wondering why Town & Country Property France doesn’t provide written property valuations, even for a fee. Here’s a closer look at the reasons behind this policy:

    Market Nuances: The French property market, especially for rural properties, can be complex. Factors like limited recent sales data and unique property characteristics make it challenging to provide precise and reliable written valuations. Town & Country Property France prioritises providing accurate and realistic market insights through our expertise and local knowledge.

    Focus on Informed Decisions: Instead of relying solely on a single valuation, Town & Country Property France encourages comprehensive market research and open communication. We offer the following valuable resources to help you make informed decisions:

    • Market expertise: Our experienced team can share valuable insights into local market trends and comparable property sales.
    • Property inspection by agent: We personally visit your property, allowing us to assess the property’s condition, features, and potential first hand.

    By understanding the market complexities and Town & Country Property France’s commitment to informed decision-making, you can appreciate our approach. Our focus lies in providing comprehensive guidance and support through every stage of your French property sale, empowering you to make confident choices based on all available information.

    Who can provide written property valuations in France

    While Town & Country Property France doesn’t offer written valuations, there are other options in France:

    1. Experts Immobiliers (Independent Property Experts): These qualified professionals can offer detailed reports considering various factors influencing the property’s value. They are often used for legal purposes or for people with a property portfolio to manage or refinance. Their services are chargeable.

    2. Notaires (Notaries): These legal professionals can provide official valuations, but these are typically used for legal purposes rather than general inquiries and may come at a cost.

    3. Estate Agents: Some estate agents might offer written, preliminary valuations based on their experience and knowledge of the local market. These valuations should be used for general guidance only. Town & Country Property France offers free verbal estimations of your property.

    It’s important to remember that no single valuation method guarantees absolute accuracy. Combining different approaches, like consulting an expert immobilier and researching comparable properties, can provide a more comprehensive picture of your property’s potential value.

    The Charente, in France, offers a captivating blend of history, rolling vineyards, and idyllic countryside living. Nestled in the heart of Nouvelle-Aquitaine, the Charente is a haven for those seeking a tranquil French lifestyle.

    Types of Charente Property:

    Whether you dream of a charming stone cottage nestled in a quaint village, a grand manor house steeped in history, or a contemporary villa overlooking vineyards, Charente property offers an abundance of choices.

    • Character Properties in Charente boasts a wealth of character properties, including restored country houses, converted mills, and traditional Charentaise longères.
    • Village and town houses in Charente includes charming hamlets, villages, and towns, perfect for embedding yourself in the French culture and way of life.
    • Rural Retreats: Those seeking a peaceful escape can find idyllic Charente country property in the surrounded by rolling hills, sunflower fields, and picturesque villages.

    Lifestyle in Charente:

    Beyond the beauty of Charente properties, the region itself offers a captivating lifestyle.

    • Rich History: Explore historic towns like Angoulême, Cognac, and Jarnac, each boasting medieaval architecture and fascinating museums.
    • Gastronomic Delights: Savour the region’s renowned cuisine, featuring fresh local produce, Cognac, and delicious Pineau des Charentes.
    • Outdoor Activities: Immerse yourself in the natural beauty of the Charente. Hike or bike through rolling countryside, explore the Charente River by canoe, or discover charming villages on scenic drives.

    Town & Country Property France – Your Charente Property Experts:

    At Town & Country Property France, we specialise in helping you find your dream Charente property. With our extensive knowledge of the region and its property market, we can guide you through the entire buying process, ensuring a smooth and successful experience.

    Start your French property journey today. Contact Town & Country Property France to explore our portfolio of Charente properties.

    At Town & Country Property France, we specialise in helping you find your dream Charente property. With our extensive knowledge of the region and its property market, we can guide you through the entire buying process, ensuring a smooth and successful experience.

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    Town Country Property France TCPF

    7 Av. de la Gare, 16210 Chalais, France

    +33 (0)5 45 98 00 98

    info@tcpf.com

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