Court of Honor
The Honorary Courtyard is considered the former central part of the 13th century fortress. He took on his true architectural appearance during the reign of Honor II. His successor, Prince…

Continue reading →

The most famous mile in the world
The Principality of Monaco is just 1.95 km2 and it is without a doubt the most famous square mile on the planet. Situated on the shores of the Mediterranean Sea,…

Continue reading →

Older sister (part 2)
After the death of her husband, the princess closed up: she almost abandoned onerous secular duties and spent most of her time with her children in her village estate in…

Continue reading →

businessmen

About the tax-free system and the construction boom

For the first time, the principality seriously thought about the possibility of a financial catastrophe in the twenties, when the decline of the gaming industry sharply reduced the income of the dwarf state.

Jules Richard – as it turned out, a connoisseur of the local economy – willingly undertook to talk about how the principality managed to get out of a difficult situation.

We sat at the table of a small cafe on the promenade of Monte Carlo. My interlocutor sipped a beer from a tall glass and began like this:

– The prescription drug was found in a law containing two articles: the first one said that Monegasques living in France are subject to the tax system of France, not Monaco; the second article said that the French living in Monaco are subject to the laws of taxation of the principality and do not pay taxes to France. Continue reading

Rest for socialites
The quintessence of civilization. If you give each country the tourist characteristics of “one line”, then Monaco is a respectable vacation of a secular type. In the principality there are…

...

Monaco - a celebration of life
Luxury hotels and casinos, comfortable beaches and yacht clubs, contrasts of antiquity and modernity, as well as European ideas about beautiful life have turned this place into an endless celebration…

...

Monaco Yacht Show
Monaco annually hosts a significant event in the world of the yachting industry - a yacht show. Only luxury yachts take part in it, so for those who are not…

...

Nature of monaco
Monaco is located on the southern periphery of the maritime Alps composed of limestone. The climate is Mediterranean with moderately warm winters (average January temperature + 8-10 ° С) and…

...