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In the last few years there has been a marked increase in the number of wine-loving overseas investors seeking to purchase vineyards in France. This article serves as a primer on five issues that a would-be buyer should consider at the outset of such an acquisition:
- Who can (or would) purchase a French vineyard?
- Acquisition structure – purchase of real estate or purchase of shares?
- What tax considerations apply?
- What government approvals are required?
- Are there any other requirements for foreign buyers?
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