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Monopoly hides real money for French buyers

The French manufacturers of the popular board game Monopoly have replaced the fake money with thousands of euros for 80 lucky buyers, to celebrate the game's 80th birthday.

There can't be a Monopoly fan in the world who has not dreamed of one day playing a round with real money.

Now, for the 80th anniversary of the game's first appearance in France, manufacturers are providing exactly that — at least for 80 lucky buyers.

Only one set will land the major jackpot, in which every game note is replaced by real money — for a total windfall of €20,580 ($23,268).

In addition, 10 sets will contain five real €20 notes, two €50 notes and one €100 note.

A lesser prize can be scooped in 69 sets, which will have five €10 notes and five €20 notes.

"We wanted to do something unique," said Florence Gaillard, brand manager at Hasbro France, which rolled out the prize sets from Monday.

"When we asked our French customers, they told us they wanted to find real money in their Monopoly boxes," she added.

The operation to switch the notes was carried out in deadly secret, in the small eastern town of Creutzwald, where the games are packed up before being shipped throughout France.

"First of all, it wasn't easy to get the notes. They had to be escorted discretely," explained Gaillard.

Appropriately for a game where players try to cruelly bankrupt their opponents, Monopoly even roped in a bailiff to count and re-count the real notes.

"When they asked me, I was giddy as a child," said the bailiff in question, Patrice Wimmer, an aficionado of the game.

'Anyone can play'

However, they discovered a problem: the sets with the real notes expanded the box ever so slightly, making the packaging out of kilter — a tell-tale sign.

As for the weight, there was no discernable difference between the real notes and the fake money.

"The difference is marginal, unless you turn up at the shop with precision scales," said Wimmer.

The board game of Monopoly was created after the Great Depression in the United States and has been tearing families and friends apart ever since.

Fiercely competitive, the object of the game is to buy property around the board of varying quality, then build "houses" and "hotels" on one's property empire, charging opponents rent if they are unfortunate enough to land on your square.

The winner is the last person standing after everyone else is left penniless and destitute.

Even a short game can last several hours as the eventual winner grinds down opponents note by note until they have nothing left.

The longest game in history lasted 70 straight days, according to the Hasbro website.

"The rules are simple, everyone knows them, anyone can play," said Gaillard.

Hasbro says its money-spinning game is available in 111 countries and in 43 languages.

There are 500,000 sets sold each year in France alone. 

The 80 lucky sets are hidden within 30,000 boxes of different types of game — classic, junior, electronic and "vintage".

For members

TAXES

Explained: France’s exit tax

Planning on leaving France? You may, depending on your circumstances, be charged the 'exit tax'.

Explained: France's exit tax

Like some other European countries, France does have an exit tax for those (French or foreign) who are leaving the country. It’s known by the English name l’Exit tax.

However, it won’t affect most people.

Only those who have been tax resident for a minimum six years of the 10 years immediately before they permanently move out of the country are liable to pay an exit tax – if, that is, they own property, titles or rights worth a minimum of €800,000, or that represent 50 percent of a company’s social profits.

If that affects you, the best advice is to seek expert individual financial advice before moving out of France for good. The relevant page on the French government’s impot.gouv.fr website says it is possible to defer payments, and some relief is available.

Because of the relatively high figures involved, this tax is irrelevant for most people. That said, however, you will still have to inform tax authorities that you are moving out of the country because you may still have income, property and capital gains taxes to pay.

Income tax

You must inform the tax office that you are moving and give them your new address so that your tax declarations can be transferred to your new address.

You are liable for tax on everything you earned in France prior to your departure as well as on any French earnings that are taxable in France under international tax treaties that you earned after your departure.

The year of your departure, you declare your previous year’s earnings as normal – declarations in spring 2024 are for earnings in 2023.

A year later, you will have to declare any earnings taxable in France from January 1st up to the date of your departure, and any French-sourced income taxable source until December 31st of the year of your departure.

If you continue to have any French-sourced income – such as from renting out a French property – you will have to declare that income annually, using the non-residents declaration form.

Property taxes

You will have property taxes to pay if you own a French property on January 1st of any given year – whether it is occupied or not. 

Property tax bills come out in the autumn, but they refer to the situation on January 1st of that year, so even if you sell your property you will usually have the pay a final property tax bill the following year.

Moreover, if you receive income from property in France or have rights related to that property (such as shared ownership or stock in property companies), as well as any additional revenue connected to the property, during the year you leave France, you will be required to pay taxes on these earnings.

If any property assets in France exceed €1.3 million on January 1st of a given year, you may also have to pay the wealth tax (IFI).

READ ALSO What is France’s wealth tax and who pays it?

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Capital gains tax 

If you sell your French property or share of a French property, you may be liable for capital gains tax at a rate of 19 percent. It will also be subject to social security contributions at the overall rate of 17.2 percent.

Capital gains tax varies depending on how long you have owned the property and whether it was a second home or your main residence.

READ ALSO How much capital gains tax will I have to pay if I sell my French property?

The good news is, if you move to another EU country, or any country that has a specific tax agreement with France, you may be exempt from capital gains tax for non-resident sellers on the sale of a property that was your principal residence in France.

If you move elsewhere, you may be able to claim exemption on capital gains tax up to €150,000. As always, you should seek expert financial advice.

Tell Social Security

Inform social security that you are leaving France permanently – and return your carte vitale if you have one. If you do not, you may be liable for any benefits you receive to which you are no longer entitled.

More mundane tasks involve informing utility and water companies, your internet provider, if you have one, the phone company, your insurance companies, banks – and La Poste, who will be able to forward your mail for up to 12 months, for a fee…

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