Navigating the Guarantees: Ensuring a Smooth Rental Experience in France

Renting an apartment in France, especially in bustling cities, can be a challenging task given the fierce competition in the real estate market. One key aspect that significantly influences your chances of securing a rental is the tenant “dossier”. In this article, we'll explore the guarantees available for foreigners and the crucial role they play in the French rental landscape.

1. An individual as a guarantor:

In France, agencies and landlords often require a physical guarantor to ensure the financial stability of prospective tenants. This guarantor must be a French tax resident with a steady financial situation, earning at least 3-3.5 times the rent. This individual acts as a co-signer, assuring the property owner that in case of payment failure, they will step in and cover the costs.

2. Private Guarantor Services - Garantme and SmartGarant:

To ease the challenges of finding a suitable guarantor, private services such as
GarantMe and Smart Garant have emerged. These services act as private guarantors, helping to strengthen the rental application. The fees typically range between 4.3% and 4.5% of the annual rent, providing an alternative for those without a readily available French guarantor. They will review your financials and decide - based on this information- up to what amount they’re willing to guarantee your rent.
Obtaining a certificate from them is completely free, you only have to pay for their services upon the signature of the lease agreement.

SMARTGARANT: use our link and discount code to get a month free: SMARTFLATZ 
GARANTME : use our link and discount code to get 10 % off : FLATZRELO

3. Garantie Visale: A Tailored Solution for Students and Professionals:

For students and professionals, Visale can be a game-changer. Financed by Action Logement, this service is not only free but also widely trusted by landlords and agencies. Here's a breakdown of the eligibility criteria for Visale:

- Age: Between 18 and 30 years old.

- Employment: Employed for less than 6 months (excluding confirmed CDI), earning up to €1500 net per month, in professional mobility, or holding a job offer for less than 3 months.

- Housing: Can be furnished or unfurnished, must be the primary residence, with a maximum rent (including charges) of €1500 in Île de France or €1300 elsewhere in France.

Conclusion:

In the competitive French rental market, securing a reliable guarantor is pivotal to standing out and increasing the chances of obtaining your desired apartment. Whether through traditional means of a French tax resident guarantor, private services like Garantme and SmartGarant, or the tailored support of Visale, exploring these options will empower you in navigating the intricate process of renting an apartment in France.