Accessing the French investment market in the Macron era from a Channel Islands perspective.
August 10th 2018
There is an increasing number of private offerings being made by
French asset managers, which are available to Channel Island
Addressing the fiscal issues on such passive investments is
relatively straight forward. However, one strategic imperative is
the ever present threat of a blacklisting from either the French
government or from the EU.
There are means of establishment in France which are
available to parry such issues, but the more cautious might wish to
use a less penetrative option.
That is a less expensive option to setting up a dedicated fund
in the Channel Islands to invest in the growing calls for capital
being made from Paris in the build up to Brexit.
Coupled with the impatriate régime available for those
individuals secondable to Paris- effective rates of 9% and
associated travel allowances from the employer - the overall
picture is very good for a medium term indirect investment, with a
secondment of a personnel to a French investment manager or to a
representative office of the Channel Islands organisation in
Channel Islands Family offices or Investment managers seeking
exposure to the Parisian market might wish to explore this
option whilst the capital flows into Paris are encouraged tide.
Were the tide to change, politically, the indirect method of
investing might be less risky than a direct investment in an active
Peter Harris can assist with the general and specific dual
language advice needed for such initiatives.