France’s Elite Are Moving to Protect Wealth Before 2027 Election

Wealthy French are intensifying asset-protection efforts after the resurgence of tax-the-rich policies during last year’s election raised fears they’ll be a target as the country seeks to bolster its finances.

Well-off residents are taking or considering bigger dividends from their companies, diversifying stock portfolios and weighing the sale of high-end real estate in case of more drastic tax changes once President Emmanuel Macron departs in 2027, according to wealth and property advisers. They’ve been put on alert by policies touted by both left and right-wing candidates during the 2024 election.

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