Emmanuel Jacques, the managing partner of Emmanuel Jacques Almosnino, was interviewed by The New York Times for an article on what goes into buying a home in Saint Barts. Mr. Jacques said that, before purchasing a house, buyers should do their research into the real estate market, since there is “a constant evolution” taking place at Saint Barts.
If that buyer doesn’t do their homework, Mr. Jacques said, they may be in for an unpleasant surprise. As an example, “other purchasers were granted the right to build a property just in front of yours”, he said.
Emmanuel Jacques, Managing Partner, Emmanuel Jacques Almosnino Law Firm (EJA) in Saint Barts, has announced that his firm was awarded Best International Taxation and Wealth Management Law Firm 2019 – French West Indies in the Acquisition International 2019 Global Excellence Awards. EJA was honored for its outstanding work throughout the international legal community over the past 12 months.
Nominated by clients, peers, and fellow professionals, voted by the magazine’s subscribers and agreed upon by its industry experts, the Global Excellence Awards provide a comprehensive go-to resource for those seeking the truly outstanding legal professionals from around the world who go the extra mile to get the job done in style.
“We are pleased to have been recognized for the work we’ve accomplished for our clients in the past year,” said Mr. Jacques. “We would like to extend our thanks to our clients who have nominated us for this prestigious award.”
The Emmanuel Jacques Almosnino (EJA) law firm was recently featured in Acquisition International magazine. The article described the firm’s recent achievement of being named the corporate finance publication’s Most Trusted for High-Value Transactions in the Caribbean 2016.
EJA is based on the luxurious island of Saint Barts and offers a wide range of services to distinguished clients, including real estate, wealth management, corporate structuring, international taxation and litigation.
Advises Property Owners to File their Claims by September 19, 2017 to Preserve their Legal Rights
On September 6, Hurricane Irma hit the Caribbean, including the island of Saint Barts, with sustained winds of 185 miles per hour and gusts of up to 218 miles per hour, destroying 10% of the houses, damaging almost all the villas and resorts and some of the crucial infrastructures of the island.
Emmanuel Jacques, Managing Attorney, Emmanuel Jacques Almosnino Law Firm (EJA), has traveled from Saint Barts following the storm. On September 14, 2017, he held an informational forum at the Restaurant at Rose Hill regarding the St. Barts’ recovery and how to file insurance claims. The event was streamed live on Facebook. The video recording will be available later today.
Mr. Jacques has been monitoring the latest developments at Saint Barts. He said that, despite the damage to many of the homes and the some of the island’s infrastructure, there were no fatalities and the roads and government buildings sustained virtually no damage. The Saint Barts government is already back at work and electricity has been restored to the island. He also said the damages will be covered by the insurance companies.
Members of the firm will be in New York City through September 16 to help deal with insurance claims arising from Hurricane Irma. For assistance in filing a claim, email Mr. Jacques at firstname.lastname@example.org or call +011 33 622 435 080.
Emmanuel Jacques, Managing Partner of Emmanuel Jacques Almosnino (EJA) Law Firm, was recently featured in Acquisition International (AI) Magazine‘s article “A One-Of-A-Kind Service.” The article highlighted the EJA Law Firm, a Saint-Barthélemy-based legal practice specializing in financial matters, and the firm’s one-of-a-kind service and skills.Those skills allow the firm to achieve a rare concierge-oriented legal practice that caters to the unique needs of international private clients and their legal and financial representatives.
“Here at The Emmanuel Jacques Almosnino law firm, we are based in Saint Barts and have been established there for more than 20 years,” said Mr. Jacques. “We service high-net worth clients from around the world, providing them with the legal services they need, whether it’s a real estate transaction, the formation of a company overseas, resolving corporate or international disputes or helping them understand what the tax consequences are when investing in property overseas.”
Emmanuel Jacques was recently quoted in Challenges, a distinguished magazine covering France’s economy. The article discussed modern Saint Barts and the key factors that influenced its success over other destinations. The Emmanuel Jacques Almosnino law firm headed by Mr. Jacques, the firm’s managing partner, is comprised of highly skilled attorneys who specialize in advising international celebrities and high-profile clients on their tax, financing, real property and wealth management needs. Aside from being a luxurious travel destination, Saint Barts is a hub for international business affairs and networking.
Emmanuel Jacques, Managing Partner, Emmanuel Jacques Almosnino Law Firm (EJA) in Saint Barts, says he is seeing more U.S. investors coming back in force in the Saint Barts real estate market as the euro has weakened against the U.S. dollar over the past several years.
According to data from the European Central Bank (ECB), the euro’s annual peak has decreased over the past few years. In 2014, reached a high of $1.3953, but, in 2015, that peak declined to $1.2043 and again in 2016 to $1.1569, on May 3. Since then, the euro has continued to decline. On June 23, the people of Great Britain voted to break away from the European Union, known as the “Brexit.” The effects were immediate as the euro fell from $1.1389 the day of the vote to $1.1066 the following day. The ECB shows the euro at $1.107 as of July 8. This is a 20% decline from the high in 2014, making Saint Barts real estate that much more affordable to American buyers.
Julius Baer Group Ltd., a lending institution based in Switzerland, predicts that the euro will fall to $1.08 by the end of the third quarter of 2016. Meanwhile, other international banks such as the Canadian Imperial Bank of Commerce are forecasting improvements in the U.S. economy, which should help increase the dollar against the euro for the foreseeable future.
The firm saw a significant increase in real estate transactions by Americans over the past year, assisting buyers in identifying real estate opportunities on the island, representing them in negotiating with sellers, obtaining financing and in closing the transaction. Mr. Jacques attributes the increase in U.S. investment in Saint Barts to lower purchase prices compared to the other famous destinations in the Caribbean or Europe.
“The enthusiasm for Saint Barts has grown over the past year, notably because Saint Barts became a high-value destination for an affordable price,” Mr. Jacques says. “Many investors the firm has assisted in acquiring real estate have continued to utilize the firm’s services in handling rentals and other matters on the island.”
Emmanuel Jacques, Managing Partner, Emmanuel Jacques Almosnino Law Firm (EJA) in Saint Barts, has announced that his firm was the recipient of the 2016 Most Trustful Law Firm Legal Award by Acquisition International magazine. EJA was honored for its outstanding work throughout the international legal community over the past 12 months.
During that time, EJA assisted most of the U.S. investors in finding the best opportunities in the real estate market of Saint Barts, in negotiating them and even in financing them. To name a few of the matters handled by the firm, EJA successfully represented a client in a major case involving the ownership of a title to a 580,000-square-foot piece of property in Saint Barts. The firm successfully negotiated the sale of a commercial property on the prestigious Champs-Elysées Avenue in Paris, France. EJA also assisted a famous international brand for the opening of its Saint Barts store this year and handled successfully several business transactions.
In 2015, EJA became a member of IR Global, an international organization consisting of the world’s leading legal, accountancy and financial advisors. Each firm passes a stringent vetting process upon joining and is recommended exclusively by jurisdiction and area of expertise. On May 18-20, the firm participated in IR Global’s annual conference for the first time in San Francisco, California.
Nominated by clients, peers, and fellow professionals, voted by the magazine’s subscribers and agreed upon by its industry experts, the Most Trustful Law Firm Legal Awards provide a comprehensive go-to resource for those seeking the truly outstanding legal professionals from around the world who go the extra mile to get the job done in style.
“We are pleased to have been recognized for all the work that was accomplished for our clients in the past year,” Mr. Jacques said. “We thank all our high-net worth clients who nominated us for this prestigious award.”
Acquisition International (AI) named Emmanuel Jacques Almonsnino Saint Barts – French West Indies Best in High Value Asset Negotiations – The Americas.
AI awards are given to commend outstanding work throughout the legal world over the past 12 months, recognizing excellence in all areas of the industry, from commercial litigation and arbitration to immigration law, insolvency, intellectual property and many more. Law firms are nominated by clients, peers and fellow professionals, voted for by AI subscribers and agreed by AI industry experts. The Legal Awards provide a comprehensive go-to resource for those seeking the truly outstanding legal professionals from around the world.
While we are headquartered in Saint Barts, major international financial institutions and law firms from throughout the world (mainly from Hong Kong, Singapore, Dubai, Tel Aviv, and Moscow) and especially from the U.S. (mainly from New York City, Boston, Washington D.C., and Miami) often refer clients to the firm.
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Photograph of Saint Barts is credited to Laurent Benoit.