France’s Parliament has officially rejected the proposed 2% wealth tax on ultra-high-net-worth individuals, choosing instead a narrower approach targeting “unproductive assets.” This decision sends a clear message to global investors: France aims to balance fiscal responsibility with economic competitiveness, a signal worth watching for those considering where to live, invest, or build wealth.

France is shifting toward citizenship-based taxation meaning French nationals could be taxed even after leaving the country. This move raises important questions for global investors about tax exposure, mobility, and long-term citizenship planning.