The supposed “freezing of properties” will increasingly become a sort of expropriation over time. It is a consequence that governments didn’t anticipate because everyone thought it would help stop the war in the Ukraine, but it didn’t. Now that the conflict is still going on, it is time to reconsider this decision which affects many people who are victims of this form of collateral damage, such as contractors, employees and municipalities. Finally, there is no difference between a freezing and a seizure of the property which becomes an expropriation over time with no legal support, and hurts the principles of western democracies. Our countries must keep the rule of law in full force because it is in our DNA, no matter the circumstances.
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A Perfect Collaboration
The firm recently entered into an agreement to collaborate with the international tax firm Andersen Global. As part of the collaboration, Andersen will expand its coverage into the Caribbean while working with the firm on complex legal matters for high-net-worth individuals.
What makes this a perfect collaboration is that EJA Law Firm is working with a reputable company with more than 260 locations worldwide. Further, Andersen Global has a like-minded approach in working with clients and maintaining long-lasting relationships. The company also shares the same values as EJA Law Firm: transparency, trust and a commitment to stewardship. Continue reading “A Perfect Collaboration”
Including a Shelter in Your Wealth Management Strategy (by Emmanuel Jacques)
Download PDFWith the Covid-19 pandemic, people discovered that there is no safe place on earth. Climate change’s increasing effects will soon confirm that the world of today is dramatically different from the world when we born. Before, everyone considered that living in a big city, close to hospital facilities, was enough to secure the safety of a family. Today, this consideration is called into question. In case of any kind of crisis whatsoever, the density of people, the centralization of the heat and the air conditioning as well as mandatory public transportations, make any escape from a collective threat almost impossible.
Many smart people understood that consideration, so they decided to live the Corona shutdowns in harmless places. It was a good move. So, why not investing in a shelter?
Here are some criteria to select a place to invest in a shelter:
1. Accessibility:
Can I reach my shelter easily? What can happen on my way to my shelter? How long will it take me to complete this journey? How many people can I travel with? Do I need a visa? You must be able to reach your shelter in less than one day in whatever circumstances. Continue reading “Including a Shelter in Your Wealth Management Strategy (by Emmanuel Jacques)”
Saint Barts: The Chance to Be an Island!
Hurricane Irma devasted the island of Saint Barts on September 6, 2017: paradisiac landscapes turned into scenes of desolation. However, the population stood strong and did not lose one day to clean and repair, guaranteeing the reopening of its businesses a couple months later. At the beginning of 2019, it was almost impossible to see signs of damage: Saint Barts was even more charming than ever. Its most devoted visitors were able to come back by Thanksgiving 2019 and were in awe of the quality of the luxury that was offered. Unfortunately, the coronavirus crisis has put to an end the successful beginning of this year’s high season. Continue reading “Saint Barts: The Chance to Be an Island!”
Why Rely on Us for Real Estate Transactions?
We are legal experts in real estate. As legal professionals, we are knowledgeable in the complex legal, financial and technical aspects of real estate. Therefore, we can anticipate potential difficulties, protect you from all risks and secure all stages of the transaction, while complying with the legal and regulatory framework for a successful completion of … Continue reading “Why Rely on Us for Real Estate Transactions?”
We are legal experts in real estate.
As legal professionals, we are knowledgeable in the complex legal, financial and technical aspects of real estate. Therefore, we can anticipate potential difficulties, protect you from all risks and secure all stages of the transaction, while complying with the legal and regulatory framework for a successful completion of the transaction. EJA is committed to giving you the best legal solutions to any situation you might experience and providing you with services tailored to your needs, with responsiveness and efficiency. Our clients value our innovative approach and a high degree of individualized attention.
Continue reading “Why Rely on Us for Real Estate Transactions?”
Stamp duty: A comparison between New York City and Saint Barts
It is interesting to compare the Stamp Duty (“Droit d’enregistrement“) applicable to real estate transfers in New York City with the one applicable in Saint Barts. The new New York City stamp duty schedule, effective July 1st, 2019, will be as follows: ● $1 million to $1,999,999: 1.00% (same as previously) ● $2 million to … Continue reading “Stamp duty: A comparison between New York City and Saint Barts”
It is interesting to compare the Stamp Duty (“Droit d’enregistrement“) applicable to real estate transfers in New York City with the one applicable in Saint Barts.
The new New York City stamp duty schedule, effective July 1st, 2019, will be as follows:
● $1 million to $1,999,999: 1.00% (same as previously)
● $2 million to $2,999,999: 1.25%
● $3 million to $4,999,999: 1.50%
● $5 million to $9,999,999: 2.25%
● $10 million to $14,999,999: 3.25%
● $15 million to $19,999,999: 3.50%
● $20 million to $24,999,999: 3.75%
● $25 million or more: 3.90%
Continue reading “Stamp duty: A comparison between New York City and Saint Barts”
Investing in Saint Barts to Make Your Dream Come True? This Is What You Have to Know
Saint Barts, also called Saint Bart’s (“Saint-Barthélemy” in French) is an island of small dimensions, but it has already proved promising when it comes to real estate investments and development. In fact, it is probably the sole Caribbean island that witnessed an uninterrupted expansion in the real estate segment, even during the recent economic … Continue reading “Investing in Saint Barts to Make Your Dream Come True? This Is What You Have to Know”
Saint Barts, also called Saint Bart’s (“Saint-Barthélemy” in French) is an island of small dimensions, but it has already proved promising when it comes to real estate investments and development.
In fact, it is probably the sole Caribbean island that witnessed an uninterrupted expansion in the real estate segment, even during the recent economic recession. Moreover, in the last several years, the real estate transactions on the island began to manifest a noticeable increase in frequency, with a number of roughly twenty to thirty operations taking place annually.
