Carmen Geiss and Robert are said to have seven million tax debts

In the past few days it has been known that Carmen and Robert Geiss apparently have problems with the French authorities. Even so much that you face the foreclosure of your four-star hotel “Maison Prestige Roberto Geissini” on April 25th.

The “Maison Prestige Roberto Geissini” is a Bed & Breakfast in Grimaud, France. The facility comprises 16 rooms, including 4 suites, spread over 4 villas. Each room is air -conditioned and equipped with a double bed, flat screen TV, minibar, safe and private bathroom with care products. There are also bathrobes and a coffee machine in the suites. The equipment includes three swimming pools, sun loungers, umbrellas, calm zones, hammocks and a tennis court.

The forced auction start price for this system is said to be 1.5 million euros. But how did it come about? The “Bild” newspaper dipped deeper into the details. According to the newspaper, the operating company of the luxury hotel, but the investment company Whereland Real Estate SA, is not directly at the center of the newspaper. A company that is supposed to own shares in the hotel – and also belongs to Robert Geiss.

Robert and Carmen Geiss apparently bought the property in 2008, their hotel opened them in 2015. Originally, the plan is said to have been to put everything up and sell it expensive. However, due to the delays in construction and the economic crisis, they probably found no buyers, so that they quickly got into the tourism industry themselves. If you had sold the hotel five years after the purchase, you would have benefited from tax advantages. More specifically, a real estate sale of an investment company in France should be linked to lower real estate tax, register tax and VAT within five years.

Between 2010 and 2022, enormous tax debts are said to have accumulated. The magazine “Business Insider” says that it should be a sum of around seven million euros.

According to the “picture”, a tax examination is said to have occurred after this five-year limit, and although sales efforts could be proven, the French tax authority had “(…) These admissions in the negotiations and the procedure are not recognized and demands the outstanding remaining amounts with interest, defaults and fines,” says the source of the newspaper.

At the request of the tax authorities, a court in Draguignan in southern French has already given the green light for the foreclosure. But the Geissens defend themselves – they have appealed. A final decision is expected in April.

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