In 2018 the ISF French Wealth Tax was repealed and replaced by the IFI Real Estate Wealth tax. This tax is now only applicable to real estate assests.
Non-residents with a property in France are only liable to pay wealth tax on physical assets located in France. Purely financial investments are therefore excluded.
French residents are liable to pay the tax on their worldwide real estate.
The tax is payable when the taxable household net real estate wealth exceeds €1.3 million, when it is then applied on net assets above €800,000.