A Callender Howorth Masterclass - The Wow Factor in Luxury Interior Design

When you walk into a room and feel taken aback by its beauty and sense of wellbeing, what you are responding to is the mood set by the lighting design. You can have a room filled with beautiful and luxurious furniture and decor, but if the lighting design is not correct, you will not feel the intended energy and experience of the space. In fact, you will feel like something is off, or that it is missing the WOW factor. 

As one of the pillars of interior design, lighting directly affects our senses and our mood. Studies have found that the more intense the light, the more intense emotions are perceived to be. Not only does lighting affect our moods, but directly affects our biorhythm and even our circadian rhythms. 

Lighting is what makes us feel safe and relaxed at home, and directly affects our productivity at work. It also links the connection between rooms ensuring a smooth transition from one room to the next. 

Callender Howorth managing director Mark Howorth explains, “Lighting design is such an important element of the interior design process. It is one of the key ways that we create the wow factor with our designs. There are many facets to getting the perfect interior design – and our lighting design team is key to getting the big wow factor that our clients want.  

Good lighting design adds the magic that lifts and enhances all of our designs to the next dimension. Whether we are looking to create a cosy reading corner or a multi-function space the same principles are adopted to ensure our projects are delivered to the highest level.” 

However, lighting design is a uniquely creative and technical process that requires the vision of  a skilled team that can translate the overall design to produce subtle colours and intensity bringing the design to life. 

Our team at London Lightworks are masters of creating the perfect balance for our luxury residential projects which require the utmost highest attention to precision and detail.

Mark Kazer from London Lightworks shares his intentions behind lighting design. “An expertly designed lighting scheme adds another dimension to your space, bringing an interior design project to life. Great lighting creates depth and height, and cosy spots, and draws attention to your most impressive areas or features of the room. 

It's all about the balance of light and shade and bringing new energy to an interior. Considering a user's interaction with any given space is so important to how a lighting scene is set to ensure it is comfortable and really portrays the moods we wish to create.”

Callender Howorth Interior and Architectural Design provides an English-speaking design and build team for luxury interior design projects across the French Riviera, Monaco, London and New York.

If you are looking to renovate your home, we invite you to contact us by email to Mark Howorth at or call +33 483 5805 27.  For press inquiries contact Juanita Viale.

Callender Howorth Website

Blevins Frank Financial Tips - Inflation Concerns Today and Planning for the Future

Inflation is causing concern in across the EU and in the UK. It has been climbing steadily since last summer, hitting over 8% in the Euro area in June and July and expected to climb to 13% in the UK. Even low levels impact your spending power over time, so take steps now to protect your savings and retirement income for your long-term future.

Inflation has been a major news story this year, but we don’t need to read news reports to know the cost of living is going up, we’re only too aware with our weekly shops and electricity bills.

This follows 10 years of benign, easy to ignore inflation, but in fact we were not immune from it then. It is always there, slowly eroding the spending power of the Euro in our pocket and we should always be vigilant about how it impacts our financial security through retirement.

Although this inflation surge is lasting considerably longer than first anticipated, and is likely to get worse before it gets better, it is not still not expected to be long-term. But hopefully people will view it as an eye opener and take this long-term threat more seriously now.  We cannot predict what inflation will be in ten or twenty-years’ time, but we do know that even low levels can seriously reduce your spending power over time if your money does not grow at the same rate.

The Eurozone

The Harmonised Index of Consumer Prices (HICP) was 2.2% in July 2021. This July it hit 8.9%, another record for the single currency.

French consumer prices, as measured by the local Consumer Price Index (CPI) reached 6.1% in July, up from June’s 5.8%.  The acceleration of service prices linked to the summer period has contributed to the increase, as have food prices. Energy prices, however, slowed.

The UK
In the UK, the Consumer Price Index reached 10.1% in July, up from 9.4% the previous month. The July figure was the highest annual CPI inflation rate in the National Statistic series, which began in January 1997. Rising food prices made the largest upward contribution.

Will inflation remain high?

When prices began rising last summer, that was largely caused by the ‘base effect’ (inflation the previous year had been unusually low in the pandemic) and supply difficulties as economies exited from lockdowns. However, the crisis in Ukraine then exacerbated the issues, particularly with energy prices escalating though uncertainty about supply chains has also pushed prices up.

In July, the European Commission revised its Eurozone 2022 inflation forecast upwards, from 6.1% for the year to 7.6% – peaking at 8.4% in the third quarter. It will then ease to 4% for 2023 as a whole, falling below 3% in the last three months of the year.

Its Summer Economic Forecast explains:

“Russia's invasion of Ukraine has put additional upward pressures on energy and food commodity prices. These are feeding global inflationary pressures, eroding the purchasing power of households and triggering a faster monetary policy response than previously assumed.”

In the UK, the Bank of England has issued bleaker forecasts. On 4 August it warned that it now predicts inflation to hit 13% in the last quarter of the year, and that it will “remain at very elevated levels throughout much of 2023, before falling to the 2% target two years ahead”.

In response to inflation, the Bank of England has raised its interest rate six consecutive times since December 2021. At its latest Monetary Policy Meeting on 3 August, the committee voted 8-1 to increase the bank rate by 0.5 percentage points, to 1.75%. This is the highest since December 2008 – but still a long way below inflation.  

Inflation and your savings and retirement income

No-one is immune from inflation.  We all need to plan to protect our savings and future income from the rising cost of living. Making sure your money lasts as long as we do should be an integral part of our financial planning for retirement.

If you’re retiring now at age 60, you need to plan for over 30 years of retirement. Unless your savings grow each year, they will buy you considerably less as the years go by.  

As a basic illustration, if you have €50,000 in a current account with no growth, and inflation is 3% every year, after 10 years its value will have fallen to around €37,000. After 20 years it’s around €27,500 and after 30 just €20,555.  That’s a 59% reduction in purchasing power.

 You therefore need to invest in assets that can be expected to produce enough growth to at least keep up with inflation.  As we know from the last decade, bank interest rates cannot be expected to do this – in fact, many savers have been earning negative real rates of return.

While you may become more averse to investment risk in retirement, remember that inflation is also a big risk to your savings. You can reduce investment risk to comfortable levels by obtaining an objective calculation of your attitude to risk, then building a suitable well-diversified portfolio around your risk tolerance, time horizon, circumstances and objectives.

Holding your investment portfolio within an arrangement that is tax efficient in your country of residence helps protect your capital from unnecessary taxation as well as inflation. Review your financial planning annually to have peace of mind about your future, then get back to enjoying your retirement years.

HICP/CPI inflation data is at 25 August 2022.
By Rob Kay, Senior Partner, Blevins Franks

Blevins Franks Group is represented in France by the following companies:  Blevins Franks Wealth Management Limited (BFWML) and Blevins Franks France SASU (BFF). BFWML is authorised and regulated by the Malta Financial Services Authority, registered number C 92917. Authorised to conduct investment services under the Investment Services Act and authorised to carry out insurance intermediary activities under the Insurance Distribution Act. Where advice is provided outside of Malta via the Insurance Distribution Directive or the Markets in Financial Instruments Directive II, the applicable regulatory system differs in some respects from that of Malta. BFWML also provides taxation advice; its tax advisers are fully qualified tax specialists.  Blevins Franks France SASU (BFF), is registered with ORIAS, registered number 07 027 475, and authorised as ‘Conseil en Investissements Financiers’ and ‘Courtiers d’Assurance’ Category B (register can be consulted on www.orias.fr). Member of ANACOFI-CIF. BFF’s registered office: 1 rue Pablo Neruda, 33140 Villenave d’Ornon – RCS BX 498 800 465 APE 6622Z.  Garantie Financière et Assurance de Responsabilité Civile Professionnelle conformes aux articles L 541-3 du Code Monétaire et Financier and L512-6 and 512-7 du Code des Assurances (assureur MMA). Blevins Franks Trustees Limited is authorised and regulated by the Malta Financial Services Authority for the administration of retirement schemes. This promotion has been approved and issued by BFWML. 

You can find other financial advisory articles by visiting our website here

Lorenza von Stein Worldwide Realty - Prime Position Port Hercule Renovated Apartment Now Available for Purchase

Located in prime position in the Port Hercule, offering a panoramic sea view looking out to the Port and the Mediterranean sea, this stunning two bedroom apartment has been renovated and designed to perfection.

As you walk through the entrance hall, enter into a bright and stylish open-plan living space, perfectly designed for entertaining. The main room features a generous lounging area to one side, as well as a beautifully crafter bar area, lined with genuine brown marble, a dining table seating 4, as well as a spacious open plan kitchen area, equipped with Miele appliances & a separate island, offering more seating possibilities.

The living area's flawless aesthetic is curated by the backdrop of the views overlooking the Port area, while a spacious terrace offers a direct view of the starting line of the Grand-Prix.

The property features two bedrooms. A spacious master bedroom, with ensuite shower room, and a generous ensuite dressing area. And a second bedroom with ensuite shower room and an abundance of closet space. Both bathrooms in the property benefit from under-floor heating.

All in all, the apartment has been stylishly finished with the highest quality materials and with a great attention to detail, and is presented throughout with a combination of custom-made and designer furniture with original artwork and mood lighting.

The apartment is composed as follows: an entry hall, a double living and dining area with a fully equipped kitchen, a master bedroom with an ensuite bathroom and dressing area, a second bedroom with an ensuite bathroom and built in storage space, a guest toilet, and a large terrace overlooking the Port Hercules.

Apartment is sold with 1 cellar in the building.

The apartment has been fully equipped with a Sonos surround system, as well as a mood lighting system by Lutron.

Parking for the apartment is available for sale separately by the owner in the nearby Panorama building.  There is one single open space and a box with parking for 2 cars - price on application

For additional information regarding the property, including a video & virtual tour of the property, you may consult the website.

Lorenza von Stein Worldwide Realty
47, boulevard du Jardin Exotique
MC 98000  MONACO
Tel : + 377 97 97 02 77
Email

Currencies Direct Co-hosts and Sponsors the 2022 Prestige French Property & Lifestyle Show

This will be the first dedicated French Property Show since March 2020 and we look forward to showcasing the best of France. Attending the show will be Immobiliers representing some of the most popular areas of France such as Normandy, Brittany, Mayenne, Loire Atlantique, Limousin, Dordogne, Languedoc etc.

Prestige will be there as the hosts and they offer everything from property management to a marketing and reservation service for rental properties in France. Currencies Direct as co-hosts are the dedicated currency exchange company for the show and there will also be other proifessional companies such as AXA Banque, Generali Assurance, Northerncross Wealth, HCB French-Connections (Visa Specialists), Hot-Tubs in France, Escec International (Accountancy), a Mortgage Broker and Caravans in the Sun who can offer mobile homes throughout Europe. France Media (The France Show & French property Exhibitions) are the media partner for the show and they also publish French Property News and French Entrée. Link for tickets

Award-Winning Motoring Events Company V Events Offers Two Spectacular Tours of Provence to Coincide with their Saint-Tropez Party

RENDEZ-VOUS RIVIERA 1st October 2022 - Saint Tropez Polo Club - The first is The Derek Bell Tour, hosted by Porsche legend and 5-times Le Mans winner Derek Bell, which starts with a lunch on Cap d’Antibes on Tuesday 27th September. The 20 classic and modern sports cars will then set off on a 4-day adventure, taking in the finest driving roads and staying each night at the best hotels in the region. Then on Friday afternoon they will arrive in Saint-Tropez and the first of 2 nights at The Kube Hotel, in time for a party by the pool, with views that stretch out across the bay to Saint-Maxime.

The next day it is Rendez-Vous Riviera, a relaxed and intimate concours-style event at the Saint-Tropez Polo Club featuring live music by rock and roll legend John Oates (of Hall & Oates fame), DJ sets by Anna de Ferran, champagne and oysters, Mirabeau rosé and cocktail bars, and superb food served throughout the day. And of course there will be a display of some of the finest cars ever built. For full details, please visit Rendez-Vous Riviera or get in touch with Chris Bucknall at V Events.

The following day (Sunday 2nd October) there will be a closed road parade for all the cars around the village down to the port, and then drinks at the Saint-Tropez Lounge Club will mark the end of Derek’s event.

Then there is The Jodie Kidd Tour, hosted by international fashion model-turned motoring journalist Jodie Kidd, whose guests will arrive in Saint-Tropez at the same time as Derek’s (Friday 30th September) and who will also enjoy the same 2 nights at the Kube Hotel, the party, and Rendez-Vous Riviera. But the parade on the Sunday morning mark’s the beginning of her tour, which sets off on the same route as Derek’s, but in reverse, finishing with a night at the Hotel de Paris in Monaco on Tuesday 4th October, and then a farewell lunch on the beach in Cap d’Antibes the following day.

What better way to round off the summer than with a relaxed tour and a weekend of partying in Saint-Tropez. All classic and modern sports cars are welcome, and if you don’t have a suitable car we can arrange the rental of one for you. For full details and brochures about the tours For full details, please visit Rendez-Vous Riviera or get in touch with Chris Bucknall at V Events.

Discover the French Riviera Like Never Before with ‘Discover’, The Real Estate Magazine from Savills

Celebrating 20 years as a leading French property agent, Savills shares a selection of lifestyle favourites from the Côte d’Azur and invites you to explore behind the scenes of a collection of Riviera homes. With everything from Michelin starred chefs, the future of Yachting and a guide to the Beach clubs of Saint-Tropez there is something for everyone.

Pick up or request your copy today and learn just what makes the French Riviera unique.

Find out more here

8 Stars Monaco Presents Delirious - A State of Wild Excitement - from 26th August to 4th September at the Grimaldi Forum Monaco

Join us for the party of the summer: A wild circus cabaret show with some of the most captivating, jaw-dropping and outrageous performers ever to descend upon Monaco. A thrilling night celebrating the art of the party as you’ve never experienced it before. Let us take you into a state of wild excitement - experience: DELIRIOUS

After the success of BOHEMIA in 2021 - with H.S.H Prince Albert II of Monaco - the 8 Stars Monaco team led by Nicolas Jelmoni is again ready to take you on a DELIRIOUS circus journey for the night.

8 Stars Monaco is a multidisciplinary agency based in Monaco that puts its experience and expertise at disposal to carry out various artistic projects.

Creative director of the company, Nicolas Jelmoni benefits from his career travelling around the world as a renowned circus performer to bring all the events and projects to life.

SPIEGELTENT

Large round tent, made of wood and fabric, whose interior space consisting of a dance floor and private alcoves is surrounded by an unbroken row of large mirrors. For the second year in a row, set up on the Esplanade du Grimaldi Forum, these vintage and magnificent round tents of old fashioned and very good quality make the place feel very warm and intimate.

Reservations
By email
+33 680 864 200

Handbag Clinic France Presents The Top 10 Most Expensive Designer Handbag Brands In The World

A guide through 10 of the most expensive handbag brands, and some of their most iconic, lavish pieces. The stuff of dreams!

The beauty of the handbag industry is the variety of pieces available to suit every taste, purpose or budget. From the high street to high-end fashion houses, experimentation with colours, materials, precious metals, jewels and size is frequent, and as a result there is something for everyone from functionality to finesse. Amidst these delights, as with all luxury items, there are pieces which take it to the next level and demand next level prices as a result.

Handbag Clinic will guide you through some of the most notorious handbag brands, the most expensive pieces they have ever produced, and just why they demand some of the vast sums that have been exchanged. Whether bought in an auction, direct from the designer or loaned out to famous names, here is our list of some of the most sought after and coveted handbags on the planet for you to fall in love with!

#10: Marc Jacobs

Marc Jacobs is a name ubiquitous with fashion accessories and notorious for quality, so their specialist ‘Carolyn Crocodile’ handbag had to feature at #10 on our list. Whilst they have more accessible and affordable lines and may not seem to be exclusive, this piece proves they can compete with huge global names, not just on price but on outstanding quality and rarity too.

This handbag costs an estimated £21,000 ($30,000) and is constructed from patent crocodile skin, available in a quilted blue or purple coloured pattern reminiscent of tie-dye, which guides the chosen colour through a variety of different tints and hues on each individual panel to create an unforgettable effect. You won’t see anything like this again.

Above: Marc Jacobs' 'Carolyn Crocodile' in purple. Source: Luxos.com

#9: Fendi

The ‘Selleria’ handbag was first launched over 70 years ago in 1938 and is an icon Italian fashion giants Fendi have moulded their brand image around. Made to order with sable and chinchilla leathers (two of the most expensive and elusive skins in existence) these beauties can take up to 4 months to be produced by Italian master craftsmen.

Above: Fendi's 'Selleria' handbag in a stylish silver. Source: Pinterest

The handbag, priced at £26,500 ($38,000), not only exudes luxury and sophistication with a sublime finish but is one of the few bags in our list which is actually big enough for daily use and can accommodate all of your accessories comfortably within its sumptuously soft hide. Tempting to say the least for any handbag aficionado.

View our range of Authentic Pre-Owned Fendi Bags at more affordable prices!

#8: Hilde Palladino

Hilde Palladino is a Norwegian designer who produces some of the most unique handbags on the planet. The ‘Gadino’ is classed as one of the most impressive purses in the world by popular demand. The limited edition bag is made from white crocodile skin with 39 diamonds placed on its lavish white gold fasteners.

Above: Palladino's 'Gadino'. Source: Smartsuwal.com

Coming in at a cool £27,000 ($38,470) it’s actually quite reasonable in the context of this piece. Palladino sells her bags within high-end boutiques around the world like Harvey Nichols, but keeps them incredibly limited in production to keep them exciting and only for a fortunate few.

#7: Louis Vuitton

Louis Vuitton are known for pushing the boundaries with extravagant one off collections and ground-breaking concepts which have changed the landscape of fashion over their history. With a brand image of usually being clean, clinical and recognisable, nothing within this list quite compares to their ‘Tribute Patchwork’ bag for boundary pushing innovative design.

Including a variety of different iconic Louis Vuitton styles pieced together, only 20 of these Frankenstein-esque collector’s items were ever produced, and retailed for £29,000 ($42,000) each. Opinion was split upon release in 2007 as some sectors dubbed it “the world’s ugliest handbag”, but unsurprisingly they all sold out rapidly. For sheer attention to detail and paying homage to some fantastic styles, Louis Vuitton has to be acknowledged for their audacity on this occasion.

Above: Beauty or a beast? Louis Vuitton's 'Tribute Patchwork' has raised some eyebrows. Source: Financesonline.co.uk

If your bag budget doesn't stretch to this, why not see if we have a more affordable Pre-Owned Louis Vuitton Bag for sale.

#6: Saint Laurent

Saint Laurent, founded in 1961, is a brand notorious for modern minimalism and Parisian monochrome fashion, creating ready-to-wear garments as well as a range of accessories in which handbags feature prominently. Creatively directed by Hedi Slimane, simplicity in its purest form with perfect execution and superb materials seems to be the way of YSL, and their ‘Sac De Jour’ leather tote is a prime example of this mantra.

Constructed from magnificent alligator leather you cannot argue that this handbag is simply sublime and will never go out of style: exactly what founder Yves Saint Laurent would have wanted. Coming in at £ 20,500 (€26,500) it ranks at the ‘cheaper’ end of this list but maintains an understated luxury that rivals the more excessive pieces on this list. Maybe one day!

Above: The definition of elegance? Saint Laurent's 'Sac De Jour'

Shop our range of Pre-Owned Saint Laurent Handbags.

#5: Chanel

A mainstay within the handbag world, if you ask any collector or enthusiast Chanel will not be far from their thoughts. Aside from their classic, lavish retail collections they have some of the most beautiful and sought after bespoke pieces the world has ever seen.

The Chanel ‘Diamond Forever’ handbag is a piece which immediately springs to mind. With only 13 produced worldwide in 2007 the handbag boasts 334 diamonds making up an extraordinary 3.56 carats, 18 carat white gold hardware and a white alligator skin body. The price for this masterpiece of £183,000 ($261,000) places the bag firmly amongst the most desirable handbags to have ever been produced.

Above: Diamonds are forever with this Chanel showstopper. Source: Styledemocracy.com

For something with a little less ‘bling’ the Chanel ‘Croc Biarritz’, an oversized tote bag made exclusively from black crocodile exotic leather, is another notable release from the French powerhouse which is a little more subtle. There were only 8 produced and the sleek design means an incredibly resilient everyday fashion piece, but for £30,000 ($43,150) you would expect it to be!

Shop our range of Pre-Owned Chanel Handbags.

#4: Hermes

Hermes Birkin’s are notoriously hard to come by and demand eye-watering sums as a result, and this trend has no sign of ending. Currently a Birkin holds the record for the most expensive bag ever to sell at auction- a pink exotic crocodile skin example with diamond embellishments which sold at Christies in Hong Kong for a staggering £155,000 ($221,844). The previous record at auction was also a Birkin too, set in 2011 when a red Birkin with diamond accompaniments sold at Heritage Auctions in New York for £143,000 ($203,150).

These aftermarket auction prices are extreme, but they are nothing compared to the retail of their collaboration pieces with renowned designers. In 2012 Hermes revealed a solid gold piece by designer Pierre Hardy 2 years in the making which went on sale for $1.9million. A Hermes Birkin by Ginza Tanaka made of platinum and adorned with more than 2000 diamonds, including large pearl drop diamonds, also holds a value of $1.9 million (approximately £1.3m).

Above: Pierre Hardy's collaborative Hermes Birkin: worth its weight in gold...and then some. Source: Fashionmagazine.com

Shop our range of Hermes Handbags.

#3: Lana Marks

A favourite of Helen Mirren, the ‘Queen Cleopatra’ is amongst the more understated and sophisticated pieces we have featured in our list. With a metallic silver alligator skin making up the entirety of the frame, the ornamental metalwork surrounding the clasp holds an impressive 1500 fully cut and faceted black and white diamonds housed within an 18 carat gold surround.

Above: Helen Mirren clutches her 'Queen Cleopatra' at a black tie event. Source: Bagbliss.com

The bags are supposedly so exclusive that Marks only allows one high-profile star per year (since 2004) to be seen with the piece, which is valued at around £175,000 ($250,000). It is not known whether any A-listers actually own the piece, or whether it is just loaned for red carpet events.

#2: Judith Lieber

Renowned for her extravagant designs, particularly her ‘Cupcake Minaudiere’ accessory which was featured in the Sex & The City movie, Lieber pieces are as expensive as they are recognisable. Operating from just 4 boutiques in India, Indonesia, Singapore & Malaysia exclusivity is one element Lieber is well-known for.

One particular piece which caught headline attention and the imagination of handbag fanatics worldwide is the one off ‘Precious Rose’ handbag, a piece so ornate it would look better in a gallery than on an arm. The £64,000 ($92,000) decorated rose has an incredible 1016 diamonds totaling 42.56 carats, 1169 pink sapphires and 800 tourmalines. This evening purse must sparkle!

Above: A work of art, could you see yourself wearing Lieber's rose? Source: Bagbliss.com

#1: House of Mouwad

Mouwad’s ‘1001 Nights Diamond Purse’ which was formed in 2011, holds the Guinness World Record for the most expensive handbag in history and took ten artisans more than 8,800 hours to make. The heart shape bag is currently valued at an astronomical and frankly ridiculous £1.65 million ($2.35m).

With a diamond embellished surface utilizing a variety of precious metals, Mouwad’s record breaker is certainly a sight to behold and another on our list which is probably more beautiful than functional. Imagine leaving it in a bar or having a leak inside! It’s the stuff of nightmares. We are guessing this handbag was never meant for purpose and should feature within an art gallery somewhere (and rightfully so).

We love it with all our heart (but will be waiting a while to afford one!). Source: Dailymailonline

Looking for something more within your price range?
If your budget does not quite stretch to any of these astronomical prices, Handbag Clinic may have something suitable within our retail locations! We stock a wide range of high-end designer pieces to suit all tastes and budgets and can even source one for you to your specification. View our collection of Pre-Owned Designer Handbags.

Handbag Clinic France would like to offer a 20% discount on all services.
For a quote, please contact us directly.

Blevins Franks Financial Tips - French Social Charges – What You Need to Know in 2022

By Rob Kay, Senior Partner, Blevins Franks

France imposes social charges in addition to income tax. If you hold form S1, however, you don’t need to pay them on your UK pension income and now the French tax authorities have confirmed that the favourable 7.5% rate on investment income and capital gains continues to apply to UK nationals post Brexit.  

Newcomers to France soon learn that income is subject to two forms of tax here – income tax and social charges.  Non-residents may also have to pay this tax, for example if they rent out French property or make capital gains on the sale of local real estate.   

Like other French taxes, the rules and rates often change over the years, sometimes for the better, sometimes for the worse.   A significant change last year, however, came about because of Brexit, rather than through French reform.

Since 2019, social charges on some types of investment income, including income and gains from property, have been applied, under certain conditions, at 7.5% instead of 17.2%.  However, because this generally only applied to individuals covered by the healthcare system of EU/EEA countries, it was unclear whether UK nationals would continue to benefit from this reduced rate from January 2021.  The good news now, however, is that the French tax authorities have confirmed that this treatment continues to apply to UK nationals under the terms of the Brexit Withdrawal Agreement, even post Brexit.   You’ll find more information on this below.

What are social charges?

Social charges (also called ‘social contributions’) are levied on most forms of income in France, in addition to income tax.  They are called ‘social’ charges (prélèvement social) because the money is used to finance the French social security. They do not, however, provide health benefits and should not be confused with social security contributions (which are also payable on employment income).

Social charges are actually made up of four elements, with the rates varying according to the type of income.  The rates for 2022 are:

Are UK pensions liable to social charges?

Social charges on pension income are only payable if you are subject to the French health care system (you are either paying cotisations sociales or PUMA contributions).  If you are not, and/or you have Form S1, you escape social charges on pension income as well as on pension lump sums on the basis that you the UK pays for your healthcare in France. 

Otherwise, if your pension income is less than €2,000 per month (€3,000 for a couple), you will pay 7.4% instead of 9.7%.

Reduced 7.5% rate for property and investment income

Since 2019, individuals covered under the health care system of another EU or EEA country are no longer subject to the CSG or CRDS charges on their investment income or capital gains.   This means only just pay the Prélèvement de Solidarité at 7.5% - a tax saving of 9.7%.

Last year, the authorities took the view that  UK residents or individuals holding Form S1 no longer benefited from this reduction since, as a non-EU state, the UK is no longer subject to its social security laws. This year, however, they reanalysed the Brexit Withdrawal Agreement and the law on social charges and came to a more favourable interpretation – and officially confirmed that UK nationals continue to be exempt from CSG & CRDS social charges on investment income.  This is backdated to 1 January 2021, so those who paid the full rate last year can claim a refund.

You can therefore benefit from this 7.5% social charges rate on investment income if you meet these conditions:

·      You live in France and hold Form S1 and/or are covered by the health system of another EU or EEA country or affiliated to the UK social security system; or

·      You are a UK resident (or reside in an EU/EEA country outside France) and earn French source income or gains (eg, from a French property).

If you are eligible, this 7.5% social charges rate applies to:

·      Capital gains made on the sale of property

·      Rental income

·      Investment income – interest, dividends, capital gains made on the disposal of securities like shares, withdrawals from assurance-vie etc.

Note that the 30% flat tax charged on investment income since January 2018 – the Prélèvement Forfaitaire Unique (PFU) – already includes social charges at the standard rate of 17.2%. Therefore, if you qualify for the reduced rate, you will pay 20.3% in total.

How are social charges paid?

Social charges are paid in arrears and usually calculated on the income declared in your income tax return.  Each autumn you receive a notification of the amount you owe for the previous year’s income. 

For certain types of income/gain (assurance-vie under special rates, real estate capital gains, dividend/interest advance payment etc.), the charges are paid by the 15th of the following month.

Tax planning

When you add social charges to income tax, French taxation can be rather daunting. In any case, with French tax regime being so complex, and frequently changing, it is always a good idea to take personalised advice to ensure you are following the rules correctly.

A locally based tax and wealth management adviser can guide you through the local tax regime and advise you on the compliant tax planning opportunities that are available in France, particularly for your investment capital and pensions. 

The tax rates, scope and reliefs may change. Any statements concerning taxation are based upon our understanding of current taxation laws and practices which are subject to change. Tax information has been summarised; an individual is advised to seek personalised advice.

Blevins Franks Group is represented in France by the following companies:  Blevins Franks Wealth Management Limited (BFWML) and Blevins Franks France SASU (BFF). BFWML is authorised and regulated by the Malta Financial Services Authority, registered number C 92917. Authorised to conduct investment services under the Investment Services Act and authorised to carry out insurance intermediary activities under the Insurance Distribution Act. Where advice is provided outside of Malta via the Insurance Distribution Directive or the Markets in Financial Instruments Directive II, the applicable regulatory system differs in some respects from that of Malta. BFWML also provides taxation advice; its tax advisers are fully qualified tax specialists.  Blevins Franks France SASU (BFF), is registered with ORIAS, registered number 07 027 475, and authorised as ‘Conseil en Investissements Financiers’ and ‘Courtiers d’Assurance’ Category B (register can be consulted on www.orias.fr). Member of ANACOFI-CIF. BFF’s registered office: 1 rue Pablo Neruda, 33140 Villenave d’Ornon – RCS BX 498 800 465 APE 6622Z.  Garantie Financière et Assurance de Responsabilité Civile Professionnelle conformes aux articles L 541-3 du Code Monétaire et Financier and L512-6 and 512-7 du Code des Assurances (assureur MMA). Blevins Franks Trustees Limited is authorised and regulated by the Malta Financial Services Authority for the administration of retirement schemes. This promotion has been approved and issued by BFWML. 

 You can find other financial advisory articles by visiting our website here

Artisanal Distillery Quatre-Vingt Trois (QVT) Launches a Classic Gin and a Clear Vodka This August at NOBU Monte Carlo

QVT launches in Monaco! Hailed as the "sexiest restaurant in the world", NOBU Fairmont Monte Carlo hosts a cocktail evening with our partner QVT Distillerie at their sensational bar. Join Club Vivanova for a fun evening offering uniquely created cocktails, married with the Japanese Fusion cuisine of Nobuyuki "Nobu" Matsuhisa.

QVT - Quatre-Vingt Trois - is a distillery located in the heart of Provence (83), Cotignac and produces a classic gin and a clear vodka of quality, respecting the artisanal art of distilling. The distillery is orchestrated by Anna and Justin, the latter being the distiller behind these crafted spirits. The local terroir brings to life QVT products. All ingredients come from Provence. A pure distillation made possible with local and high-quality raw materials. Read more about QVT

GOURMET QVT COCKTAIL SUMMER PARTY
NOBU Monte Carlo
Thursday 18th August 2022 . 7pm

€50 per person
Omakase Dinner Option €125
VIEW EVENT INVITATION

QVT Gin & Vodka Cocktails
NOBU Bites & Networking

BOOK ONLINE

The NOBU private bar area is perfect for intimate business networking, where we host exceptional events. Event limited to 50 attendees. Stay after our cocktail and take advantage of the NOBU Omakase Signature dinner menu (view event invitation).

Where can you find QVT?
QVT is available from Marseille to Nice in bars and restaurants and independent caves.

The Mall Sanremo is Celebrating Summer with an Event Under the Stars this Saturday 23rd July 2022

The Mall Sanremo is celebrating summer with A Midsummer Night’s Dream, an evening event which on Saturday 23 July will bring this exclusive luxury outlet alive with surprises and unique performances.

A magical night, suspended between sea and stars, where style and glamour will be combined with music and flavour.

From 6pm to 11pm, you will be welcomed by the sweet sound of a violin and a refreshing aperitif served in the corridors connected to the boutique; after which you can order dinner on the charming sea-view terrace of the Food Lounge adHoc with its exclusive menu of Ligurian flavours from land and sea.

There will be moments of emotion, elation and joie de vivre to follow, until 11pm, thanks to art exhibitions which will amaze visitors, live music sessions, light shows and contemporary choreography by an expert corps de ballet.

A free shuttle service from Cannes, Nice, Monaco and Sanremo is available on request.

To book transfers and dinner at the Food Lounge adHoc contact the Welcome Lounge on +39-0184 19 68 968 or write to sanremo@themall.it

Shuttle times:

Cannes – Embarcadère Îles de Lérins – Laubeuf parking
14:00 | 16:00

Nice – Nice Acropolis – Esplade Kennedy
15:00 | 17:00

Monaco – Grimaldi Forum
15:40 | 17:40

from Sanremo city center to The Mall Sanremo
Departure: Piazza Cesare Battisti
18:00 | 20:00
Departure: Via Roma 140
18:05 | 20:05
Departure: Portosole
18:10 | 20:10
Departure: Sanremo train station
18:15 | 20:15

The Mall Sanremo – Cannes – Embarcadère Îles de Lérins – Laubeuf parking
20:30 | 23:00

The Mall Sanremo – Nice – Nice Acropolis – Esplade Kennedy
20:30 | 23:00

The Mall Sanremo – Monaco – Grimaldi Forum
20:30 | 23:00

from The Mall Sanremo to Sanremo city center
19:00 | 21:00 | 22:30 | 23:30

FOLLOW US

#themallsanremo @themalloutlets

Join Miami Swim Week at the Plymouth Hotel on Miami Beach this Saturday 16th July from 7pm to 10pm

Mylitta Butler Designer of My Legkini
First Plus Sized Fashion Show at Swim Week, with One Of A Kind Shapewear Swimsuits. 7:00pm

Beau Swim
Sustainable swim line from Los Angeles. 7:30pm

Lascana Swimwear
Luxury international brand from Germany that is a strong advocate of women's rights and individuality. 8:00pm

Indie True Swimwear
Original luxury couture, a swimwear line that is slow fashion and eco-friendly. 8:30pm

Naomi Besson
Super Sexy bikinis and one-pieces with an extra glamourous flair from Las Vegas. 9:00pm

Makani Clothing Co: 
We're closing the night with a one-of-a-kind Menswear brand. Founded in 2020 by Kainoa Zimmerman a Japanese/American motocross Champion. Makani Clothing Co is a brand that fun and edgy menswear brand that bridges the gap between active-fit wear and high-quality comfortable fabrics. 9:30pm

Buy tickets here

Blevins Franks Financial Tips - The Cost of Living Longer

The Cost of Living Longer

By Rob Kay, Senior Partner, Blevins Franks

By making the lifestyle choice to retire in France, you will want to make the most of what the country has to offer, hopefully well into the future.

This may be longer than you expect. Thanks to medical advances over the years and a better quality of life, people are generally living longer than the previous generation. French statistics show that life expectancy for males currently aged 65 is 84, while for women it’s higher at 88. Of course, these are just averages, many of us will live longer, maybe much longer– it has become more common to hear of people reaching their 100th birthday.

Living to a ripe old age does sound rather appealing, provided we are healthy enough. Much more time to watch our grandchildren grow up and much more time to enjoy our well-earned retirement in France. There are, however, implications at both personal and government levels, with the key issue being: can we afford it?

The longer we live, the longer we need our savings to last in order to live as comfortably as we are used to. For peace of mind, assess whether your resources are on track to last throughout your lifetime.  Here are the key considerations.

Income and inflation

Starting with the big topic of the moment – inflation. We are getting used to headlines about rising inflation and the levels we have seen this year are certainly an eye-opener on how it can impact our monthly living costs.  But even though inflation will hopefully start to come down before too long, even low levels, compounded year after year, will reduce how far a fixed income will stretch in the future.

Say, for example, you spend €5,000 a month. Assuming an inflation rate of 3% a year, in 10 years’ time you could need €6,720 a month to maintain the same spending, and €9,030 in 20 years. So your capital and income would need to grow by the same amount to maintain the same standard of living.

Making your savings and investments last

Many retirees favour low-risk, ‘safer’ investments like bank deposits in their later years. But with potentially 30 years or more to fund in retirement, this can actually be a risky strategy.

British expatriates also need to factor in exchange rate risk. If you receive income in pounds while spending euros in your daily life, depending on currency movements you may find your money does not go as far as it once did, even without the inflation factor.

By following some key investment principles and taking specialist guidance, you can invest capital to give it the opportunity to keep pace with inflation, while keeping risk to a comfortable level.  Start by establishing your risk profile then carefully build a well-diversified investment portfolio to suit your circumstances, needs and objectives.   Look for investment arrangements which provide some currency flexibility to try and avoid the exchange rate risk.

You could get currency flexibility through some ‘assurance-vie’ policies, a specialised form of life assurance that allows French residents to hold a range of investments in a highly tax-efficient package. There are many different assurance-vie options based in various jurisdictions, not just France, and not all offer currency flexibility, so choose carefully. 

A taxing problem – not just for governments

Rising life expectancy is also expensive for governments. The higher the proportion of older people in a population, the greater the costs of services like state pensions and healthcare – and the lower the number of taxpayers that can fund it. The solution usually lies in pension or healthcare reforms and tax increases to finance these escalating expenses.  The issue has been exacerbated over recent years with the amount of money governments have had to spend as a result of covid.

Higher taxation can be a considerable threat to your financial security in retirement.  Just like inflation it erodes your income, and in France we have social charges on top of income tax, giving us quite a high tax burden.   This is where personalised tax planning is vital to make use of available opportunities – in France, the UK, or elsewhere – to ensure you do not pay more tax than necessary.

With many of these arrangements you can combine your tax and investment planning in one exercise, allowing you to tackle the twin threats of tax and inflation at the same time.

Getting the most from your pensions

Pensions are often the key to financial security in retirement, so take care to do what is right for you.   You need to consider all your options, carefully weighing the pros and cons. Look at your income needs, investment options and risk, currency risk, what happens to the balance when you die and the tax implications.

There may be ways for expatriates to make pension funds go further, but before making any decisions, take regulated advice to avoid pension scams and establish the best approach for your particular objectives and circumstances.  You may be best advised to leave your pension where it is.

Leaving wealth behind

If you want to leave a lasting legacy for your family, you have to make sure you do not spend it all in your own lifetime – without compromising your quality of life today.  A strategic financial planning approach – that considers estate planning alongside investing and tax planning – can prove invaluable here.

Estate planning in France is complex, with succession tax based on the beneficiary and succession law imposing forced heirship.  If your family includes children from previous marriages, be particularly careful to ensure everyone benefits as you wish them to.

Whatever your stage of life, good financial planning can help you afford the lifestyle you want, for as long as you need, so you can focus on enjoying your retirement in France.

This article should not be construed as providing any personalised investment or taxation advice. You should take advice for your circumstances.

Blevins Franks Group is represented in France by the following companies:  Blevins Franks Wealth Management Limited (BFWML) and Blevins Franks France SASU (BFF). BFWML is authorised and regulated by the Malta Financial Services Authority, registered number C 92917. Authorised to conduct investment services under the Investment Services Act and authorised to carry out insurance intermediary activities under the Insurance Distribution Act. Where advice is provided outside of Malta via the Insurance Distribution Directive or the Markets in Financial Instruments Directive II, the applicable regulatory system differs in some respects from that of Malta. BFWML also provides taxation advice; its tax advisers are fully qualified tax specialists.  Blevins Franks France SASU (BFF), is registered with ORIAS, registered number 07 027 475, and authorised as ‘Conseil en Investissements Financiers’ and ‘Courtiers d’Assurance’ Category B (register can be consulted on www.orias.fr). Member of ANACOFI-CIF. BFF’s registered office: 1 rue Pablo Neruda, 33140 Villenave d’Ornon – RCS BX 498 800 465 APE 6622Z.  Garantie Financière et Assurance de Responsabilité Civile Professionnelle conformes aux articles L 541-3 du Code Monétaire et Financier and L512-6 and 512-7 du Code des Assurances (assureur MMA). Blevins Franks Trustees Limited is authorised and regulated by the Malta Financial Services Authority for the administration of retirement schemes. This promotion has been approved and issued by BFWML. 

You can find other financial advisory articles by visiting our website here

The Association Monégasque pour l’Amérique Latine Hosts the AMLA Gala - Mystical Bolivia on Saturday 17th September at the Yacht Club de Monaco

AMLA in collaboration with the NFL International would like to invite you to celebrate with us the AMLA GALA, themed Mystical Bolivia on Saturday, September 17th at 19:00 at the Yacht Club of Monaco. The AMLA GALA, which honors one different Latin American country every year, will transform itself into a unique melting point of Bolivian excellence in 2022.

Link to AMLA Gala Website

A concentration of Bolivian icons in fashion, art, music, folklore, gastronomy, mixology and cinema will not fail to make you want to visit Bolivia at our NFL Santa Cruz at the Fexpo from the 1st to 5th of March 2023.

You will have the possibility to win 6 exotic trips (Salar de Uyuni, Lago Titicaca and Chiquitania) at our tombola and learn more about this mystical country and the first NFL to take place in Latin America by its founder, Phillipe Verdier.

Mark your calendars and reserve your tickets:
info@amlagala.com
info@amlamonaco.com
or per SMS at 06 78 63 25 15

For more information refer to our websites:
www.amlamonaco.com
www.amlagala.com

AMLA’s goal is to harmonize and match individual perspectives awakening empathy and observation, rather than judgement, focusing on the quality of our own energy. Taking control over our own destiny in a mindful and responsibly happy way. We hope to count you numerous, and we use this opportunity to thank you for your always supportive and warm welcoming.

Experience the Sensory Delights of TWIGA Monte Carlo - Now Re-Opened and Bigger and Better Than Ever

Come to Monte Carlo and experience the sensory delight of Twiga. The Twiga brand is back bigger and better than ever and are delighted to announce the much-awaited reopening of Twiga Monte Carlo. The brand new interior is truly beyond your wildest dreams. The African influence drives the interior colour palette, inspired by breathtaking landscapes and wildlife. The New-Asian influence conveys volume and form, recalling the art of origami. The Italian influence brings cohesion, subtlety in pattern, texture, and luxurious materials. While unconventional in its décor, Twiga is an imaginative mix of refined ethnic and modern influences artfully combined into an exciting and harmonious whole.

With the ability to seat 280 guests, Twiga Monte Carlo provides the global modern tribe with the most unique experiences and memorable nights, complemented by a renewed focus on dining in tandem with a revamped and adventurous cocktail menu.

Together with a new interior, Twiga Monte Carlo introduces guests to a new selection of à la carte dishes which enable Italian and New-Asian flavours to meet in a glamorous dining ritual made to spoil the senses. Situated in Monaco, Twiga is blessed with the bounty of the sea, and a considerable part of the menu is focused on doing justice to these ingredients and serving them with elegance and finesse: Plateau Royal, Red King Prawns Gnocchetti and Lobster Catalana. Favorites are also meat-based dishes such as Beef Tacos, Spicy Galbi Ribs Baos. The Grilled Pluma Iberico cooked on the Josper Grill is one of the highlights of the menu as well.

A new range of signature cocktails are aimed at perfectly complement the food in a celebration of taste that effortlessly adapt to the demand of each guest. Blending the grandeur of Italy with the delicate nuances of Japan’s flavors, it’s a symphony that guests will love.

Twiga Monte Carlo is the place where guests can find anything they could ever dream of. Its fun-loving clientele will be spoiled regularly with exceptional entertainment, like Alessandro Ristori & The Portofinos and special guest DJs such as Bob Sinclar and Afrojack.

Come and experience the vibrant new flavours of Twiga Monte Carlo every Tuesday to Sunday from 7pm until late.

MAJESTAS

Twiga is part of Majestas, the leading curator of luxury dining and entertainment experiences, founded in Porto Cervo, Italy in 1998 by F1 legend and entrepreneur Flavio Briatore.

Majestas rapidly established its position in the élite entertainment and hospitality world, with cult nightclubs and luxury resorts that represent a glamorous and exclusive lifestyle across Europe, United Kingdom and Middle East.

Opening times:
Every Tuesday to Sunday
Dinner from 7PM
Club from 1AM
From the 1st of July open everyday

Email for reservations
+377 99 99 25 50

Join Michael Reid this 24th June in Berlin - ‘Destiny’ by Mr Wanambi - Launching in Berlin and Sydney with the Grand Opening of the Michael Reid Art Bar

22 June – 23 July | Michael Reid Berlin
OPENING: 24 June, 17-19h, Ackerstrasse 163, Berlin
(Tasmanian Jansz Premium Cuvee Aperitif)
RSVP to join opening event

In early 2022, the Michael Reid team began working towards a solo exhibition with renowned Yolŋu artist Mr Wanambi, alongside the Buku-Larrnggay Mulka Centre in Yirrkala. In early May, we were devastated by the news of his sudden passing.

The artist’s family and the team at Yirrkala are fully aware of what this exhibition meant to him. His family have requested that the exhibition continue as planned. It is a great tragedy that this exhibition will take place posthumously.

‘Destiny’ will take place across our galleries in Berlin and Sydney, as well as marking the grand opening of our new space, Michael Reid Art Bar. Mr Wanambi's legacy is vast and unfolding, and we look forward to sharing his boundary pushing talents and unbreakable vision with you.

View the exhibition online

Left:
Mr Wanambi
Wawurritjpal (2413-22)
etched found road sign, 60 x 45 cm
€4.350 / AU$6,500

Right:
Mr Wanambi
Wawurritjpal (Wukun) (351-22)
earth pigments on found road sign
60 x 45 cm
€3.000 / $4,500

Mr. Wanambi's family have authorised the use of his name in written form but request that it not be spoken aloud in the presence of people from Arnhem Land or in the Miwatj region. His spirit has a long journey to go on, to return to his origin point. Calling his name aloud could distract and delay his spirit’s return in a new form. His family have authorised the use of his preferred title ‘Destiny’.

This summer, join the Michael Reid Berlin team in celebrating the life of this exceptional leader, artist and teacher.

Michael Reid Berlin
Ackerstrasse 163, Berlin
Wednesday–Saturday
11-17h

Blevins Franks Financial Tips - Is it Time to Consider Downsizing your Home?

There are various financial benefits to moving to a smaller property. With careful planning you could unlock retirement funds and potentially tax-efficient income, while still leaving your family and heirs a lasting legacy. France offers fantastic property opportunities in outstanding surroundings, so it is unsurprising that many Britons choose to retire to their own place on the Riviera.

Whether you buy your main home here or just for somewhere to holiday, property may be your biggest asset, with the potential to provide a substantial return on your initial investment over time. For many, their home is also a legacy to help secure the financial future of children and other heirs.

However, there are risks in relying on bricks and mortar for your wealth. After all, you cannot fully realise the financial benefits of a property while you are still living in it. Compared to other investments, property can also prove very costly to maintain.

Size does matter

Generally, the larger the property, the more expensive the running costs. Mortgage payments, rates, utility bills, plus building and maintenance expenses can all add up to generate a relatively high ongoing burden. If you are retired with a reduced or limited income, this can be especially draining on your resources, particularly if you own more than one property.

Affording retirement

With today’s increased life expectancy, you may need your existing wealth to stretch to ten, twenty, or even thirty plus years in retirement. Are your pensions, savings and investments on track to sustain the lifestyle you want for as long as you need? Are they structured to protect you from long-term inflation and provide the increased income you may need in the future as the cost of living rises?

Many people find themselves in an ‘asset rich, cash poor’ situation, owning considerable physical wealth such as property but with substantially less disposable income. Expatriates in particular tend to hold on to UK property in addition to their French home.

While property can be a solid investment, it locks your money away in a highly illiquid way. If you want access to your capital, you may not be able to sell easily, nor for the right price. Also, there is risk in tying your funds up in one asset class – if the value of property drops, so does your investment. 

Property offers potential leveraging opportunities – such as freeing up cash through equity release if this is available – but like any debt arrangement, this comes with costs and risks. For retirees looking to shed debt and leave something behind for children and grandchildren, more borrowing is not the answer.

Benefits of reinvesting your capital

Downsizing property can help increase your accessible wealth, but it needn’t be a compromise when it comes to investment growth. By reinvesting in suitable investment funds, for example, you can still invest in real estate but alongside other assets (equities, bonds etc.) to reduce risk through diversification. And, unlike immoveable property, if you require small amounts of cash you can just sell the amount you need, not the whole investment.

A specialist adviser can help you explore investment arrangements that suit your particular circumstances, goals and risk appetite while being tax-efficient for France. You could also unlock other benefits that property cannot offer, such as a regular income and currency flexibility.

When it comes to estate planning too, there are more opportunities to reduce succession tax for your heirs on investment capital than with real estate.

Reducing taxation

Wherever your home is, charges such as stamp duty and capital gains tax generally increase with the property’s price tag. Higher-value homes can also tip you over the threshold for wealth tax, where applicable, as well as increasing the inheritance tax bill for your heirs.

In France, owning real estate assets worth over €1.3 million attracts annual wealth taxes of between 0.5% and 1.5% (over an €800,000 allowance). For French residents, this applies to worldwide real estate, including UK property.   Since 2018, wealth tax no longer applies to capital investments, which is a considerable tax advantage over property.  

Wealth tax rates seem relatively low, but when applied to property values this can add thousands to your tax bill. By reducing the amount of tax payable, you can make your money go further in your lifetime and maximise the value of your legacy.

Ultimately, while you want to make sure your family are looked after when you are gone, do not forget your own needs. Take personalised, cross-border advice to establish an investment and estate planning strategy that can secure a secure retirement for you in France today and a lasting legacy for future heirs.

Tax rates, scope and reliefs may change. Any statements concerning taxation are based upon our understanding of current taxation laws and practices which are subject to change. Tax information has been summarised; individuals should seek personalised advice.

Blevins Franks Group is represented in France by the following companies:  Blevins Franks Wealth Management Limited (BFWML) and Blevins Franks France SASU (BFF). BFWML is authorised and regulated by the Malta Financial Services Authority, registered number C 92917. Authorised to conduct investment services under the Investment Services Act and authorised to carry out insurance intermediary activities under the Insurance Distribution Act. Where advice is provided outside of Malta via the Insurance Distribution Directive or the Markets in Financial Instruments Directive II, the applicable regulatory system differs in some respects from that of Malta. BFWML also provides taxation advice; its tax advisers are fully qualified tax specialists.  Blevins Franks France SASU (BFF), is registered with ORIAS, registered number 07 027 475, and authorised as ‘Conseil en Investissements Financiers’ and ‘Courtiers d’Assurance’ Category B (register can be consulted on www.orias.fr). Member of ANACOFI-CIF. BFF’s registered office: 1 rue Pablo Neruda, 33140 Villenave d’Ornon – RCS BX 498 800 465 APE 6622Z.  Garantie Financière et Assurance de Responsabilité Civile Professionnelle conformes aux articles L 541-3 du Code Monétaire et Financier and L512-6 and 512-7 du Code des Assurances (assureur MMA). Blevins Franks Trustees Limited is authorised and regulated by the Malta Financial Services Authority for the administration of retirement schemes. This promotion has been approved and issued by BFWML. 

You can find other financial advisory articles by visiting our website here .

The First Edition of WATCHPRO Club Riviera Succeeds in Developing the First Unique Watch Showcase of its Kind in Monaco

On Wednesday 18th May at the Horizon Champagne Deck of the Fairmont Monte Carlo, UHNW individuals, watch aficionados and retailers joined Club Vivanova and WATCHPRO live for a sensational afternoon of luxury in timepieces. WATCHPRO based in the UK is a leading global voice within the watch industry and is followed and respected internationally by decision makers, luxury press and consumers.

WATCHPRO Club Riviera was created in partnership with Club Vivanova to bring a curated selection of incredible independent artisan brands to Monte Carlo. This was a exceptional and exclusive opportunity to meet the makers, try on and buy some of the most interesting and spectacular pieces in the world.

““We are a brokerage company for luxury transport, yachting, classic cars and luxury. Among our customers we have watch collectors, so the WATCHPRO was a perfect opportunity to know about the beautiful solutions to offer for the desires of our customers. I had the pleasure of making interesting exchanges. The service was impeccable, it was an evening of wonderful encounters, a real pleasure.””

— Luxury Brokerage Agency, Monaco

““Loved the exhibition and the unique and innovative ideas of the exhibitors. The hosts all very gracious too, thanks so much for the invite.””

— Luxury Super Yacht Broker, Monaco

View the full event gallery

Club Vivanova Launches the Art of Konstantinos Patsios in Mayfair in Partnership with Varvara Roza and The Blender Gallery

Thursday 23rd June 2022
Gallery 8 . London Mayfair

Join Club Vivanova at Gallery 8 in Mayfair with art partners Varvara Roza Galleries and The Blender Gallery launching a sensational collection of art by Konstantonis Patsios. Event booking information

“My work is a synthesis of several painting metaphors, from conceptual art and expressionism to pop art, all delivered in a sense of mockery and irony and an invitation to critical discourse.

Although they may seem naïve at first sight, I think there is a strong underlying political dimension in my pictures. I use a variety of expressive media, from painting, sculpture and photography to large scale installations. Art and especially image have their own rules: they go beyond paint, brushes and paper, over to constitute a narrative. Psychoanalysis is not sufficient by itself to interpret an image. A piece of art provokes aphorisms and coincidences. It may not be in itself a cause for war, but it will always be a mirror. One of the principles in my work is the synthesis of non-matching materials, data and the completion of an unequivocal picture. Another personal obsession has to do with confusion: sometimes when the narrative is tiring to my viewer, I juxtapose a tangled mess in order to stop thinking and start seeing!.

I would like my work to form a new field of thinking where all contradictions are resolved and a new type of harmony governs boththe visual and the logic!”

Konstantinos Patsios
Website

Planet Fashion Hosts Monaco Swim Week During the 2022 F1 Grand Prix with a Sensational Closing Party

Join the Founders of Monaco Swim Week at the inaugural Closing Party - celebrate with models, designers and VIP’s for their exclusive closing party. Set to be the most modern, hip and exclusive Saturday party in town, pre Sunday finals.

The organisers have flown in top swimwear models and influencers, who will be modelling the latest swim and resort wear. Onboard the Super Yacht Behike guests will enjoy full catering provided by ROC (the Amfar caterers), open bar with Champagne, Wine and Gin and the coolest international DJ’s. The location of the berth is right on the track in a very prominent position. The only elegant and fun evening soirée worth attending Saturday night during F1 GP 2022.

Download the pdf invitation
Link to book and more information
Powered by Planet Fashion

VIP ticket for Yacht Soiree for Monaco Swim Week
Saturday May 28th
8pm-2am
€2000
Super Yacht soiree on a 45 meter yacht with full catering by ROC (the Amfar caterers), open bar and international DJ. Berth location on the track in a very prominent position… you can’t be seen at a better party! Meet the swimwear models and designers from the inaugural Monaco Swimwear Fashion Week for their closing night yacht party by Planet Fashion TV.

VIP Day Party with Pre Qualifying F1 race viewing at Nikki Beach
Presented by Monaco Swim Week and Planet Fashion TV
Friday May 27th 2022
12pm-3pm
€350
Fashion presentations and prime race viewing location at Nikki Beach Monte Carlo on the rooftop of the Fairmont Hotel. VIP seating for the Côte d’Azur Rose all day party.nWith race viewing for the pre qualifying races, beautiful models and unlimited drinks. There really is no need to be anywhere else.

Link to book and more information