Monday 3 February 2014

Paulette Peterson elected member of AIETP


We are delighted to announce that our Expatriate Tax Director, Paulette Peterson, has been elected  as a member of the prestigious body the Association of Independent Expatriate Tax Practitioners, which is based in London.

Membership of this professional body is by invitation only, with existing members voting to approve new admissions.  Paulette is well known in the professional circles within the Expatriate Tax world, having spent many years, firstly, at Arthur Andersen and then at Ernst & Young and was part of the UK National Expatriate Technical Training teams at both of these large firms.

She is looking forward to contributing to the Association, sharing ideas and discussing expatriate tax technical issues with colleagues from similar firms in the UK.  Currently Paulette is one of the few members of this Association with firsthand experience of the French personal tax regime.

Monaco residency continues to be popular….


Our Monaco Associate, Cécile Acolas, from Rosemont Consulting in Monte Carlo reports that figures recently released show that the number of foreign residents in Monaco has grown by nearly 3% in the past year.  A total of 1800 new residency permits were awarded in 2013.

 The principality's foreign population at 31 December 2013 officially stands at 24,992, which is an increase of 695 over last year’s figures.    The top of the list, by nationality, of the new arrivals during 2013 makes interesting reading:

 
·         Italians – 245

·         Russians – 107

·         Swiss  - 75

·         British -  37

 
Unsurprisingly, there has been a slowdown in the number of people leaving Monaco and there were just ten fewer French nationals living in Monaco than in the previous year.