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©

Collectivité

of Saint-Martin

Fort Louis,

© C. Cavallera

All the advantages of a triple connection:

Caribbean, French Republic and European Union

CARIBBEAN

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Strategic geographic location:

3 ½

hours from Miami, 4 hours from New

York, 4 ½ hours from Washington,

4 ½ hours from Montreal, 3 ½ hours

from Panama, 8 hours from Paris…

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A young population that is open,

motivated and often trilingual

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A highly popular destination

for

foreign tourists (USA, Canada…)

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A territory that is globally

renowned for its quality of life

FRANCE

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Territory where the Human

Development Index is high

compared to other countries

in the Caribbean due to:

– a quality education system

– a protective welfare system

– a high-performing health system

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Guarantee of stable institutions

and the highest standards

of quality

in terms of:

– legal security

– independence of the judiciary

system; for example,

Collectivité

authorities are not responsible for

the appointment of investigators

and prosecutors in Saint-Martin

– financial transparency

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Guarantee of property

rights

that

are protected by the Constitution

of the French Republic; real estate

ownership is supported by a land

register and a real estate register

that is updated by the French State

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Saint-Martin is not authorized

to run an unbalanced budget

(annual inspection by the State

representative and, if necessary,

a financial jurisdiction)

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Guarantee of national solidarity

in the event of a natural disaster

(hurricane in particular)

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Guarantee of low energy costs

thanks to a system of fixed

tariffs at the national level

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Assurance that environmental issues

are taken into consideration in public

policy, as shown by the existence

of many protected natural areas

EUROPE

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Guarantee of respect of the major

values upheld by the European Union:

– human rights, social solidarity

– entrepreneurial freedom

– the right to a protected

environment

– respect for cultural, linguistic

and religious diversity…

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Use of the euro

(EUR official currency)

or the US dollar

(currency commonly

used) rather than a local currency

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Absence of exchange controls

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Opportunity for investors to

benefit from financial support

from European funds

The key advantages

of Saint-Martin

MARCH 2015 EDITION

07

DOING BUSINESS IN SAINT-MARTIN