Saint Barths: The Chance to Be an Island!

A beautiful day on Saint Barth's.
A beautiful day on Saint Barth’s.

Hurricane Irma devasted the island of Saint Barths 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 Barth 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 Barths: The Chance to Be an Island!”

Emmanuel Jacques Almosnino Says Saint Barth is Safe Now

Only Six Cases Reported, All Patients Have Recovered Beaches Are Now Reopened

On September 6, 2017, the island of Saint Barth was hit by Hurricane Irma. With sustained winds of 185 miles per hour and gusts of up to 218 miles per hour, it devastated both the island and its economy. But, by the beginning of 2019, all traces of the natural disaster were gone, and Saint Barth provided an even more charming appeal than before. By the time it was Thanksgiving, Saint Barth’s most devoted visitors returned to the island.

This year, Saint Barth, like the rest of the world, was affected by the coronavirus. But, with residents following social distancing guidelines and a small number of cases, Emmanuel Jacques, Managing Attorney, Emmanuel Jacques Almosnino Law Firm (EJA), says the island is back in business.

“Beaches have reopened, and some businesses are returning to normal,” Mr. Jacques said. “Under those circumstances, the island is expecting the arrival of tests within the next few weeks to prove the population is in good health. This should allow a full reopening of all stores, restaurants and hotels.”

Saint Barth reported six cases of the coronavirus, five of whom were between the ages of 45 to 64, according to data from the Saint Barth government. Since then, they have recovered fully. Mr. Jacques said a number of factors contributed to the quick eradication of the disease.

“The island’s small size, the discipline shown by its inhabitants during the five weeks of lockdown, as well as its warm and sunny climate, make Saint Barth the perfect destination to be safe,” he said. “The island will continue to attract sea and beach lovers, who will be able to have peace of mind and enjoy their vacations this summer.”

With a predicted second wave of the disease expected to hit the U.S. again this winter, Mr. Jacques said the island will continue to provide an oasis of tranquility for its visitors. “Saint Barth will definitely become the place to spend next winter and to forget how the world was upside down in 2020,” he said. “The island has built a strong reputation for getting through times of crisis by offering a continuous improvement of its beauty and its art de vivre.”

Mr. Jacques is an attorney advising high-net worth clients on international business, finance, real estate and wealth management needs.

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 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.

Continue reading “Investing in Saint Barts to Make Your Dream Come True? This Is What You Have to Know”