Rosemont Consulting – the family office

February 10th, 2012

Rosemont Consulting SARL is the tax partner within Ellisium partners. They offer a wealth of services to international clients, here is a little information to explain more about what they do:

Rosemont provide a full family office service to individuals and their families. We assist our clients in structuring and administering their assets in a tax efficient fashion complying with international regulations.

We provide tax and estate planning including personal, corporate, local and international tax planning and assist our clients to optimize their tax strategy and accompany them in their choice of tax structuring.

We help you with considering the various tax residence options and are also able to assist you with pre-move planning, structuring ownership of assets and residence and visa applications.

Our company is specialized in Real estate planning -

we advise on the implications and structuring for the ownership of property, and assist our clients with the coordination of parties during a property purchase, give advice at the pre-contract and contract stages on all issues related to the purchase such as building authorizations, rights of access, certificates of conformity, building guarantees…

We help coordinate the related tax and estate planning issues, including choice of ownership vehicles and the structuring of financing. This may include organizing for directors of the entity holding the property and dealing with the administrative, tax, legal and accounting aspects of owning real estate and running a property holding company.

Our qualified and practiced team has experience in


international estate planning structuring using both civil law and common law structures and specificities. We can help you to determine the appropriate marital contract, the applicable inheritance law, and choose the most advantageous tax regime, so that you can protect and transfer your assets according to your wishes.

Ellisium hit Top Marques….

April 16th, 2011

It is Top Marques weekend this weekend in Monaco, the worlds only live Supercar show and Ellisium have been down to the show to have a look around and to visit the stand of our tax specialist partner – Rosemont Consulting . The show is on right through the weekend so if you haven`t visited yet, there is still chance. Whilst there, nip and see our partners at Rosemont and say hello, they are tax and wealth planning specialists as well as international accountants, maybe they can help you to save a fortune and free up some money to invest in one of the stunning cars at the show…..

Top Marques main room

Thursday was the opening day and visitors included His Serene Highness Prince Albert of Monaco and Chris Evans amongst many others. The show is open until Sunday evening so head on down there to view a collection of the worlds most stunning supercars all under one roof.

Prince Albert trying one of the cars out for size

Chris Evans - thinking of adding to his collection

At the show, we spent a long time talking to Jurgen Obermann, the man behind Type-41, the “invitation only” limited and special edition supercar club –

Type-41 is a brand new and exclusive club, membership is only open to 111 invited members.  These  members have access to an unrivalled range of exceptional, distinctive supercars located on the Côte d’Azur.

Unlike other car clubs, Type-41 features only limited and special edition supercars that are exceptionally rare, supercars such as the Ferrari 599 GTO or the Lamborghini LP570-4 Spyder Performante (which is at the show) amongst many others.  Type-41 removes the hassle of ownership, maintaining its supercars in tip-top mechanical health.  This ensures that every drive provides an  irreplaceable experience of travelling the open road in one of the world’s pre-eminent driving machines.

Membership to this very exclusive supercar club is open to Ellisium Partners’ clients (subject to approval). We have a limited number of invitations to offer so please do contact us if you want to find out more about what is included for members. Many of our clients already own properties on the French Riviera and visit their homes throughout the year, this type of club is very attractive to some as it removes the hassle and upkeep costs of full ownership but allows access to some of the worlds most exclusive supercars whilst here on the Cote d`Azur.

Ellisium Partners is the Luxury Property Network for the French Riviera. We offer services to clients looking to buy or rent properties in the South of France, we also help home owners with renovation work, landscape gardening, home technology (telephone and IT systems, home cinemas, security etc), financial and tax advice, currency exchange and much more. Bascially anything to do with your luxury French Riviera property, we have it covered.

Have a look through our updated website for more details about our services –

Monaco is good for your health – Its official!

April 1st, 2011

According to the 2011 CIA`s World Fact Book, Monaco is THE country where the inhabitants have the longest life expectancy in the world… The World Fact Book was first created by the CIA in 1962 for US Government officials and became open for the public in 1975.  The facts are updated each year by experts from around the globe.

In this years life expectancy listings, Monaco tops the poll with an average life expectancy of 89 years old. The Principality of Monaco is a micro-state in Europe with an extremely high standard of living. Monaco is located near the Italian border close to Nice on the Cote d`Azur. It has both the French Riviera and the Italian Riviera on its doorstep, the sea at its feet and the Alpine playground of the French Alps behind.

What better reason do you need to invest in a Monaco apartment or to find out more information about Monaco property in general? Ellisium partners, the Luxury Property Network for the South of France and Monaco are a network of like minded companies working in and around the Luxury property market in the South of France. Our members include property experts, luxury rental specialists, architects, interior designers, finance and tax advisors, landscape gardeners, technology experts and everything you need to help you to buy, rent, sell, improve or finance your luxury property in Monaco or France.

Most of the members of Ellisium partners visit Monaco at least once a week, surely that has got to add a few years onto their life expectancy too?

For more details on how we can help you, have a look at the website or call us today on 0033 486 685 045

The French buying process – What to do

March 26th, 2011

Ellisium Partners, the luxury property network in the South of France give an introduction and information on buying a property on the French Riviera (or in fact, all of France) and the process and legal terms involved.

It is quite simple to get an idea of what type of luxury property is available and at what cost before you actually start your search. Information is widely available on the internet and in magazines and newspapers advertising luxury properties for sale in France. But does this information tell you everything? Think carefully about where you want to buy and what type of property. Will it be your main residence? or a holiday home to be let out on occasion? perhaps you want a property to be let as an investment for the future? Make a list of the elements that are most important to you such as -  The price, the overall size and number of rooms, the area, access to the sea or the airport or perhaps schools,  is a cellar or garage essential? Would you prefer a garden, terrace or balcony? These considerations will keep you on the right track to find your ideal property.

Ellisiums property search partner, Home Hunts, can help you to narrow down your search based on your requirements. Home Hunts are a fully registered French immobilier but they act for the buyer rather than the seller. They have a wide range of property for sale directly but they also work with all of the best selling agents in the South of France and can search the whole property market for you making sure that you don`t waste time and money looking at properties which are simply not suitable.

Once you have found the luxury French property you wish to buy, negotiations will start to secure the property at a price agreed by you and the seller. When your offer has been accepted by the seller, you will be required to sign a sales contract, the Compromis de Vente. The notaire can draft the Compromis de Vente which will be written in French but you may have an English translation.

It is important at this stage to take some mortgage advice and perhaps to also speak to a tax specialist. The way you structure the purchase of your French property is important. It can save you a lot of time and money in the long run.


The notaire is a public official who is highly qualified in the French legal system and is able to advise about French property, family and succession, and corporate laws. Empowered by the government to legalise the French property purchase, the notaire is a public official who provides security to the contracts and is liable for their professional acts. A notaire is responsible for the conveyancing, preparing the various documents and confirming the seller’s title to the property. They also check that there are no other mortgages on the property etc. The notaire has indemnity assurance, which provides a financial guarantee to the buyer.

The purchaser is free to choose their own notaire, but can use the same notaire as the vendor as notaire fees are fixed and include the French equivalent of stamp duty. The  fees usually range somewhere between 6% and 8% of the purchase price of the property (and this includes the buying taxes). As these are fixed by law, it does not matter which notary you appoint as the price will be the same. Using two different notaires will not increase the total fees; the fees are split between the two notaires.


The Compromis de Vente is a legal contract, you will go through it with your notaire and they will make sure that you are happy and that the conditions are correct. The Compromis contains information such as:

• Details and identities of the seller and yourself (the purchaser)
• A full description of the property
• The surface area of the property and land
• The purchase price, the breakdown of fees and who will pay each fee
• Details of the notaire and sales agent
• Details of any fixtures and fittings included in the sale
• Results of reports on asbestos, lead and termites
• Details of your mortgage, the date of when you should have your mortgage offer and the date of completion ~
• Any let-out clauses (clauses suspensives) and the penalties that will be incurred by you or the vendor if completion does not take place .

For you, the purchaser, the clauses suspensives protect the deposit you gave to the notaire or agent as part of your agreement to purchase the property. The most usual is a clause stating that your agreement to purchase is subject to you obtaining mortgage finance. Other clauses can be inserted, such as the vendor having to carry out necessary repairs or subject to the dimensions of the property corresponding to what is detailed in the Compromis de Vente, and this is where expert legal advice is useful in the negotiation of these clauses.

Once you sign the Compromis de Vente you will be required to pay your deposit (normally 10%) to the notaire which remains in an Escrow account until completition. Once you have signed the Compromis de Vente, the clock starts ticking. There is now a set date by when you should complete on the purchase. You are given a 7 day cooling off to retract from the purchase.


Unlike in England the French do not tend to have building surveys done to their houses.  There are a number of British chartered surveyors based in France and they can do a variety of services from a small survey to a full structural.

Many overseas buyers do consider taking a survey on their property for their own peace of mind. 


The Notaire will now carry out the required searches and conveyancing,  they will check records and documentation concerning the property. The buyer needs certain certificates from the notaire showing that surveys have been carried out to verify any existence of Lead, Asbestos or termites. It is important to remember that the notaire is totally impartial and works for the French legal system. They will be meticulous to ensure that the sale conforms to French law. This part of the process usually takes two to three months. It is therefore important to keep in touch with your notaire to find out how the process is going so you have an exact idea of the completition date.


Once the mortgage offer is sent out and the notaire has completed all of the legal aspects of the sale, a mutual time and date for completion will be arranged. It is your responsibility to instruct the notaire to request the mortgage funds from the lender (Ellisiums mortgage partner – The Spectrum Group would take care of this for you).

Once you know the completion date, you will need to make sure your French bank account is open. Funds must be transferred into it, giving enough time for the completion date and the buildings insurance must be valid from the date of completion. You will need to provide details of the insurance policy at the notaires office. (again, our financial partners will assist you here).

The final deed of sale which is signed on completion is known as the Acte de Vente (projet d’acte). It will contain much of the same information as in the original Compromis de Vente, but check it through carefully; usually a translator will be requested for you if your French is not fluent.

 It will state the date that you may move into the property. You will be asked to produce your birth certificate(s) and passport(s) together with marriage certificate/divorce decree if applicable. If you think you may be unable to attend the meeting to sign the Acte de Vente (final deed of sale) you can give a trusted person or friend as a power of attorney (procuration) which authorizes them to sign on your behalf.

The Acte de Vente is signed by you, the seller and one notaire. If both you and the seller have different notaires, only one needs to witness the Acte de Vente. Once the Acte de Vente has been signed and witnessed, the notaire has to pay all the taxes, settle all the accounts of the purchase/sale and register the deeds and mortgage. A few months later you will receive a certificate/document informing you that the title has been registered. The original title deed is kept by the notaire, but he is able to make authorized copies. Also he will give you a one sheet document called an ‘attestation’ which proves you are now the legal owner which is very useful in France and maybe asked for on occasions.

The French Buying Process is extremely well structured and the buyer is very well protected – careful guidance and commitment by dedicated property search experts such as Homehunts will ensure that every step of the process is fully explained to you. All of the members of Ellisium partners are customer focussed and are specialists in their field. Whether you wish to buy or sell a home or if you have a property you wish to finance, improve or rent out, we can help you.

For anymore questions on this or to talk to someone about the type of luxury property you are looking for in France: contact

How to buy your French Riviera property

March 20th, 2011

Structuring the purchase of your French property – The Monegasque SCI

When you buy a French Riviera property, it is important that you structure your purchase in the correct way as this can save you a lot of money in the long run. Ellisium partners have mortgage advisors, currency exchange experts, legal and tax professionals in our network and we can advise the best solution for your personal situation. Here is some interesting information from Rosemont Consulting in Monaco, one of the members of Ellisium, the Luxury property nextwork:

There are different forms of ownership structure through which you can hold your French property. You can buy the property directly or you can buy using a French company (SCI). Another of these structures is the Monégasque Société Civile (SCI) which is the equivalent of the French SCI but is held in Monaco.

According to your personal situation this structure could be a very efficient vehicle from a tax, management and inheritance standpoint. The purpose of a Société Civile (investment partnership) can be to acquire, or in some cases, provide for the construction of buildings located in France to be rented to third parties or provided free of charge to the partners. This company could also be used to hold a Monegasque based property.

When using an SCI to buy property, the net worth of the property can be reduced for tax purposes by way of debt. This can minimise French wealth tax and inheritance tax liability, as these taxes are due on the net value of the shares of the SCI, meaning the value of the property less any debt. You can also minimise the transfer duty, which may be applied later by selling the shares instead of the property.

Rather than a board of directors, management is handled by a manager or “gérant”. The gérant’s powers are determined by the by-laws of the company and are subject to few legal limitations. This gérant has capacity to bind the company and will be the legal representative of the company for all purposes. This person is voted by the shareholders and his or her appointment can be revoked at any time by the appropriate number of votes as specified in the by-laws. Furthermore, the shareholder structure means that it is easier to divide up shares rather than dividing the ownership of a property.

Where foreign residents are concerned, the use of an SCI can be a great advantage for people whose home inheritance laws are more flexible than French laws. Because the shares are a moveable asset and their devolution governed by your home inheritance laws, the powers of Executors and Trustees under the Will of the deceased could be recognised if your home inheritance law stipulates so: they will be able to assume control of the assets.

Monaco is a low-tax jurisdiction for individuals. Using a properly settled and tailor made Monégasque Société Civile, individuals could benefit from the limited inheritance gift and inheritance taxes existing in Monaco while minimizing the French ones. Monegasque law provides for an exemption for gift and inheritance between spouses and immediate family (i.e. parents and children), and a low rate of tax on gift / inheritance to other relatives and non-relatives (up to a maximum rate of 16%).

As mentioned, there are many ways to buy a property in France. Contact Ellisium today if you have any questions at all regarding French tax advice or if you would like to speak to a mortgage advisor or legal expert. Our financial and legal team will be pleased to assist you in choosing the most efficient structure to own your French property and, if the Monegasque Société Civile form of ownership is selected, assist you in setting up and properly following this vehicle.

Nice to see you, to see you Nice….

March 12th, 2011

All of the Ellisium partners are constantly travelling around the French Riviera and we all like to think we know each town, each village, each hamlet, perhaps each street intimately…. This video however shows Nice in a completely different light

Ellisium Partners are THE Luxury Property Network in the South of France, we are a group of independant companies who all work in and around the Luxury property market on the French Riviera and we are all specialists in our field. If you want to buy, rent or sell a property in the South of France, we can help. If you are looking for financial advice, currency exchange or you have tax or legal questions, we can help. If you own a property and you wish to renovate, landscape the gardens, add a pool, install security cameras or an alarm system or you need advice from an interior designer, we can help!

All of our partners have years of experience throughout the French Riviera, call or email us if you want to chat things through and we will recommend a specialist who can help with your needs.

The French Riviera in all its glory

March 6th, 2011

We have found some wonderful archive footage of the Cote d`Azur which really gives you a flavour of the Riviera in yesteryear. One of the great things to see is how little the French Riviera and Monaco have actually changed in all of these years. No wonder this is still one of the worlds most sought after destinations to rent or buy a property.


Of course, there are more properties on the French Riviera now compared to the 1930`s but the differences are not so easy to spot. The coastline remains as beautiful today as it ever was and really needs to be seen to appreciate its beauty. The building laws in France are strict, particularly along the coast in order to retain the stunning scenery the French Riviera has to offer.

This video travels up the coast and takes in towns such as Cannes, Antibes, Nice, Saint Jean Cap Ferrat and Monaco. Sit back, relax and enjoy….

If you would like more details on the French Riviera today, contact us and we`d be delighted to help. Ellisium partners are THE Luxury property network for the French Riviera. Our partners include property search agents, luxury villa rentals companies, interior designers, architects, landscape gardeners, home automations experts, audio visual and security specialists, mortgage advisors, tax lawyers and currency exchange companies. We are all independent companies who have joined together to compliment each others businesses and offer a complete service for our mutual clients. Whether you are looking buy, sell, rent, finance or improve your french Riviera property, we can help.  Contact Ellisium for some free advice and we will put you in touch with the expert who is best placed to help.

Ten steps to buying your French Riviera Property

February 26th, 2011

Ellisium partners, the Luxury property network brings you our recommended steps for buying a property on the French Riviera

1. Choose your search area

The French Riviera or the Cote d`Azur is a timeless destination that has attracted international buyers for generations. The sun obviously plays a big factor in this with more than 300 days of sunshine per year but it is the natural beauty of the area that makes it most attractive. The landscape is varied so you need to decide on which area is really for you, do you want to be close to the sea? Close to international schools? Walking distance to a village? Or perhaps near an airport if you are a frequent flyer? Ellisium can help you with this decision making process. Our property search partner, Home Hunts are experts on the property market in the South of France and can offer unbiased and professional advice on which area may suit your needs the best.

2. Set your budget and speak to a mortgage broker

Ellisiums mortgage partner, the Spectrum group, work throughout France and are completely independent mortgage brokers, working with all of the best lenders to make sure you get the best deal. A French Riviera mortgage adviser can help to establish how much you can afford. There are some excellent rates available through French banks and it can really be a benefit from a tax perspective to have a French mortgage. You can get your mortgage pre-approved through our independent mortgage consultants which can put you in a stronger position when negotiating to buy your Cote d`Azur property.

3. Get some tax advice

France does not have to be an expensive place to own a holiday home or to live full time. It is important however that you plan your property purchase well from the outset from a taxation standpoint. There are several ways to buy your French Riviera property and taking some professional help for your tax planning can save you a lot of money in the long run. Ellisiums tax and wealth planning partner on the French Riviera is Rosemont Consulting who are an internationally renowned company. Contact Ellisium today and we can put you in touch with our partner to ensure you get the best advice.

4. Speak to a Currency exchange specialist

It is possible to walk into any bureau de change or high street bank and exchange money for your holiday, many people even do it at the airport but for larger amounts it can really pay to speak to a currency exchange specialist, like the Foremost Currency group. Foremost always offer very competitive rates of exchange. It pays to plan ahead and open a currency account as early as possible. For some, using a forward contract to buy or sell currency in the future is imperative. With a forward contract you can fix a rate and help to protect against currency movements. Start making savings before your first viewing trip, as costs can soon add up. Contact us if you would like to speak to our currency exchange partners for advice.

5. Plan a viewing trip

Our property search partner, Home Hunts can search the whole French Riviera property market for you, including many properties that you will not see advertised, they can find the best properties to match your needs and rule out any that do not measure up. Home Hunts can book all of the viewing appointments for you and make sure your time is spent wisely. They will accompany you on all visits and their local property specialists know their areas and their local market extremely well, they will offer impartial and professional advice every step of the way. If you would like our help to book flights, accomodation, car hire, airport transfers and so on, you just need to ask.

6. Make an offer

Once you have found your dream French property, the next logical step is to make an offer. You should feel comfortable with the amount you are offering of course but equally, you don’t want to offend the vendors. Ask for advice from Home Hunts, they know all of the French Riviera estate agents and will be able to advise you on the best level for your initial offer. Home Hunts can negotiate on your behalf to make sure you are not paying over the odds for your French property and that you get the best possible deal.

7. Sign the “Compromis de Vente”

The French Compromis de Vente is the first legally binding stage in the French property buying process. Once this document is signed, you have a seven day cooling off period but following this, you are legally obliged to purchase the property. We can advise you of the best local Notaire who will check records and legal documentation regarding the property and the land. The usual time between the signing of the Compromis and legal completion on the property is two to three months but it can move more swiftly in certain cases.

8. Survey

If you would like to carry out a building survey on the property, Ellisium can recommend local surveyors who will visit the property and advise on general condition. If you take a mortgage, the lender will usually send a valuer to ensure the property is worth the price you are paying but it is extremely rare for you to see a report so many buyers do like to use the skills of a chartered surveyor for their own peace of mind. Contact us for any advice on this.

9. Renovation and improvement quotations

If you would like to make any improvements to your French Riviera property, Ellisium partners have experts to cover all aspects of home and garden design and improvement. Our interior designers and architect partners, FG Design have worked throughout the South of France for many years and can help with all aspects of property renovation from updating a bathrooom all the way through to a complete property design and build. Our technology partners, Riviera One are specialists in home automation, home security and technology from installing a wi-fi network through to satellite television, home cinemas and full camera and alarm systems. Our landscape gardening partner, Celtic Golf and Garden Design work throughout the Riviera and are expert landscape gardeners and can also help with installation of swimming pools. Contact Ellisium today if you would like any assistance or advice.

10. Speak to a property rental specialist

Many French Riviera property owners take advantage of the strong rental market in the South of France and look to rent out their villa or apartments, particularly over the summer period. It is possible in many cases to cover all of your annual running costs and perhaps even make a nice profit each year by offering your property for holiday rentals. Our Luxury villa rental partner on the French Riviera is L&F or Luxury and Family Villas. L&F rent and manage a huge portfolio of properties throughout the French Riviera and would be happy to visit your new home and give a rental valuation. Contact us for more details

Ellisium partners is a network of like minded specialist companies who work together to offer a complete and professional service to our mutual clients. All partners have been hand picked because of their reputation and their commitment to offering the best customer service. Ellisium do not charge for our service, we will put you in touch with our experts and advise you of the best way forward.  All you need to do is email or call us and we will take care of everything else, all that’s left for you to do is to toast your new home with a glass of local vino….

Brad Pitt and Angelina Jolie to call the South of France home?

February 22nd, 2011

The French Riviera has attracted the rich and famous for generations, being one of those timeless destinations that has so much to offer – the weather, the scenery, the food, the wine, the culture, the sea, the mountains…. the list goes on.

Another draw for this stunning region is the relative anonymity celebrities and the rich can enjoy here. This has long proved appealing for the paparazzi-hounded stars of Hollywood. Many Hollywood stars own holiday homes in this region, others visit at least once a year for Cannes Film festival or for holidays. Now it is becoming increasingly popular for some to make this area, their permanent base. Johnny Depp, for example is a French resident, he owns a villa near St Tropez which he shares with his wife Vanessa Paradis and their family.  According to our sources, it seems Brad Pitt and Angelina Jolie will also be setting up house in the South of France on a permanent basis.

Hollywoods power couple took out a three-year lease on a sprawling wine estate in the beautiful Provence countryside inland from St. Tropez in 2008.   The property is currently undergoing  extensive renovations and the couple will apparently move there permanently later this year. “The whole family is going to move there as soon as the renovations are done”, a source told a UK newspaper.

It’s expected that both actors will also phase out their work for awhile in order to enjoy the fruits of their renovation work. “The plan is for both of them to do voiceover work in a recording studio in the chateau’s grounds”, the source said. Plans for the new estate include a separate cottage for Pitt’s parents to move in ”The annexe they will live in is an old building which used to be used as a dovecote. It’s big enough to have a sitting room, kitchen and a couple of bedrooms”

If you are looking for property for sale on the French Riviera or you are thinking of renting a cote d`azur villa, let us know. Our property partners are experts on the French property market and will be able to talk you through everything that is available to suit your needs.

If you wish to renovate your property, we can also help, among Ellisium partners we have architects, interior desgners, landscape gardeners, home security specialists, home cinema experts, swimming pool companies and the list goes on.

Or, finally, if you are looking for some financial or tax advice, let us know. Among the group we have mortgage advisors, tax lawyers and currency exhange experts all of whom are happy to advise you wherever possible.

Email us at today for more details

Buying or Selling a French Riviera property – Currency exchange

February 19th, 2011

Ellisium Partners are a group of like minded companies all working in and around the French Riviera property market. We have joined together to offer our mutual clients a complete service for anything to do with buying, selling, renting, improving or financing their French holiday home.

If you’re emigrating to France or you are buying or selling a French property, Ellisiums currency partner, The Foremost Currency group can look after all your currency needs. They can also give you a better currency exchange rate than the banks. So whether you’re arranging a one-off transaction or making regular payments Ellisium partners and Foremost can save you time and money.

Foremost will look after you every step of the way to make sure you get the funds you need, quickly and safely, when and where you want them. They can help you make the most of your hard-earned savings and avoid expensive mistakes. All of Ellisium partners are specialists in their field from property search to mortgage advice to currency exchange to interior design.

Foremost gives you real value, excellent service and complete peace of mind. You can rely on them to save you money and give you exceptional service. Unlike the big banks, they really will look after you personally to make sure you get what you need. You won’t have to worry about your foreign currency exchange: they will make the whole process easy for you.

Foremosts currency brokers are all fully trained experts in foreign currency. In fact, they don’t do anything else.  When you call them, you will always speak to people who know what they’re talking about. They’ll take time to explain everything clearly and to handle your transaction smoothly and efficiently, ensuring your transactions are safe and secure.

For more information about how you can save money on your currency exchange transactions or for advice on buying or selling your french property, renting your french riviera villa or renovating your french home, call or email us today.