POLITICAL PULSE- THE CODE OF CLARIFICATION OF THE ISSUE OF RESIDENCY AND THE NEW RULES RELATIVE TO THE PURCHASE AND SALE OF PROPERTY
(The author, Chantal Decombe-Greaux is an active American Attorney admitted before all Courts of the State of California, the Supreme Court and the Ninth Circuit Fed...
Notice: The following is in no manner intended to provide a legal opinion nor shall it be construed in any manner to constitute legal advice. The following is solely intended to provide English-speaking persons with information relating to the Political, Social and Economic development of the Colle...
POLITICAL PULSE XI: SAINT BARTHELEMY - THE NEW COLLECTIVITY, TAXES RESIDENCY AND GENERAL FRAMEWORK On July 1, 2007, the local elections for the President of the Collectivity of Saint Barthelemy (together with his list) took place and the then-presiding Mayor, Bruno Magras was elected with what ...
POLITICAL PULSE X: EMANCIPATION- THE NEW OVERSEAS COLLECTIVITY- WHAT IS IT? On February 7, 2007, all the necessary administrative approvals necessary were finally obtained and the island of Saint Barthelemy, to date a Commune of the island of Guadeloupe, which in turn is a Departm...
POLITICAL PULSE VII PART I. THE PLACE OF NON-FRENCH RESIDENT IN THE NEW OVERSEAS COLLECTIVITY STATUTE OF SAINT BARTHELEMY A. THE TREATY PROTOCOL AND HOW IT IMPACTS AMERICANS As we all know, the relationship between the United States and France (includes here and hereinafter Metropol...
THE SOCIETE CIVILE IMMOBILIERE ( The Real Estate Holding Corporation) The use of a French Civil corporation called a Sociètè Civile Immobiliere (hereinafter referred to as "SCI") has largely been used by American citizens as a vehicle for the purchase of real estate in an effort to retain a...
Real Estate Investments in St. Barthelemy and the Future Real Estate on the Island of St. Barthelemy has been a strong magnet for those persons wishing to find a peaceful, unhurried and safe place to retreat over the years. There has been a sharp rise in demand for properties by potential b...
The Overseas Collectivity of St. Barthélemy - PART V I.THE CHANGE IN THE CAPITAL GAINS TAX RATE: Pursuant to the new French Finance Law voted by the legislative branch, as of January 1, 2005, the capital gains tax has in fact been increased to its pre-2004 level of 33.33% for non-Eur...
The Overseas Collectivity of St. Barthélemy - PART IV INTRODUCTION: Although in the second portion of this article, I have preserved the information contained in my prior article relating to the island of St. Barthelemy becoming an Overseas Collectivity of France, I thought it importa...
The Overseas Collectivity of St. Barthélemy - PART III INTRODUCTION: Yes, Yes Yes! they bellowed in unison by over 95% of the vote. On December 7, 2003, a historical popular consultation occurred in which the population of St. Barthelemy was asked whether they would like to evolve s...
The Overseas Collectivity of St. Barthélemy - Progress Background: In its on-going struggle towards legislative recognition of the social, economic and geo-political realities of the island of Saint Barthelemy, a proposed special statute has received the unanimous approval of the isla...
