THE EXERCISE OF A SPECIFIC NOTARIAT IN THE NORTHERN ISLANDS OF THE CARIBBEAN
The overseas collectivity of SAINT-BARTHÉLEMY is not a commune of France but an overseas collectivity of article 74 of the French constitution. Apart from the sovereign functions exercised by France (justice, public order, defense, money and foreign affairs) it legislates and administers its territory as it sees fit. Thus, the rules of taxation, urban planning, construction and the environment are different from those applied in France. No taxes on income or wealth, no VAT or inheritance tax, provided you are a tax resident of Saint-Barthélemy.
The neighboring island of SAINT-MARTIN also has the status of overseas collectivity and has also legislated in these same areas. No wealth tax, lighter income tax, no VAT, but a general turnover tax (TGCA), transaction registration fees and real estate gains tax.
Ignorance of the specificity of these specific rules, which is not taught in the university curriculum, can have far-reaching consequences - particularly in terms of taxation - depending on whether the investor is a tax resident of France or a non-resident tax resident. of France and Saint-Barthélemy.
For any investment on these islands, prudence therefore requires to entrust its interests to a notary installed in these territories.
The Notary Office located in Gustavia - Rue de la Paix - was created by order of the keeper of the seals on December 11, 2011. It is the first notary office created in SAINT-BARTHELEMY.
He was entrusted to Sylvie RICOUR-BRUNIER, who holds a Diploma of Specialized Higher Studies in Notarial Law. Previously associated for more than fifteen years in a notary office in SAINT-MARTIN, which had an office annexed to SAINT-BARTHELEMY, she has a recognized experience in the legal conception and realization of real estate and heritage projects, adapted to these territories. She is surrounded by a young, dynamic and very reactive team.
In addition, the office offers its clients access to its real estate negotiation and expertise service. This bargaining service, because it is exercised within the study, has the advantage of benefiting from a complete legal analysis prior to the sale of the property, which secures transactions upstream.
