{"id":459,"date":"2017-04-12T10:41:36","date_gmt":"2017-04-12T09:41:36","guid":{"rendered":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/?p=459"},"modified":"2017-07-25T15:53:44","modified_gmt":"2017-07-25T14:53:44","slug":"st-barthelemy-tax-free-island","status":"publish","type":"post","link":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/2017\/04\/12\/st-barthelemy-tax-free-island\/","title":{"rendered":"St. Barthelemy: the tax-free island"},"content":{"rendered":"<p><span style=\"font-size: 10pt;\"><em>Click <a href=\"https:\/\/www.prestigeproperty.co.uk\/1-bed-apartment-cap-dantibes-antibes-juan-les-pins-cote-dazur-french-riviera-provence-french-riviera-france-191812\" target=\"_blank\" rel=\"noopener\">here<\/a> to view the property in the image above.<\/em><\/span><\/p>\n<p>The beautiful French island of Saint-Barthelemy benefits from a privileged tax status that is governed by the organic law of 2007.<\/p>\n<p>Consequently, people whom have been residents in Saint-Berthelemy for more than 5 years are exempt from the income tax as well as from the wealth tax for all of their real estate properties located in Saint-Barthelemy. Equally, they are not subject to VAT nor to any other tax.<\/p>\n<p style=\"text-align: justify;\"><!--more--><\/p>\n<p>They also do not pay any inheritance tax on properties situated on the island, which benefits heirs living in a country with no inheritance tax.<\/p>\n<p>Note that the renting activity also benefits from a favorable tax regime and are low-taxed thanks to the amortization regulations.<\/p>\n<p><em><strong>Example:<\/strong><\/em><\/p>\n<p>If a British citizen purchases a villa on the island, the rentals he collects will not be taxed during the first 30 to 40 years, due to the significance of the amortization regulations.<\/p>\n<p><strong>Important:<\/strong><\/p>\n<p>Note that Saint-Barthelemy continues to be attached to French fiscal legislation for some points such as the social charges (CSG-CRDS) that remain due. Considering the absence of tax agreements with third countries (USA, Italy, France, Russia, etc&#8230;), it is advised to keep accounts in order to forward them to the country of residence for fiscal purposes.<\/p>\n<p>However, as the subject is particularly complex, you should contact a specialist. Email Benjamin Roche at <a href=\"mailto:rocherealtysbh@gmail.com\" target=\"_blank\" rel=\"noopener\">rocherealtysbh@gmail.com<\/a>. He is specialised in the taxation system involving SCI companies.<\/p>\n<p>Visit\u00a0<a href=\"http:\/\/www.cabinet-roche.com\/en\/\" target=\"_blank\" rel=\"noopener\">http:\/\/www.cabinet-roche.com\/en\/<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Click here to view the property in the image above. The beautiful French island of Saint-Barthelemy benefits from a privileged tax status that is governed by the organic law of 2007. Consequently, people whom have been residents in Saint-Berthelemy for more than 5 years are exempt from the income tax as well as from the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[106,107],"tags":[26,25,33,117,93],"_links":{"self":[{"href":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/wp-json\/wp\/v2\/posts\/459"}],"collection":[{"href":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/wp-json\/wp\/v2\/comments?post=459"}],"version-history":[{"count":0,"href":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/wp-json\/wp\/v2\/posts\/459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/wp-json\/wp\/v2\/media\/464"}],"wp:attachment":[{"href":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/wp-json\/wp\/v2\/media?parent=459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/wp-json\/wp\/v2\/categories?post=459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prestigeproperty.co.uk\/property-blog\/index.php\/wp-json\/wp\/v2\/tags?post=459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}