Monaco Yacht Club
The principality's interest in sailing regattas has a long history. Indeed, back in 1886, the “Regatta Committee” was created, which, with the assistance of the Society of Sea Baths, organized…

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Formula 1. Grand Prix of Monaco
April 14, 1929, at 13 hours 30 minutes under the High patronage of His Serene Highness Prince Louis II, Prince Pierre opened the first Grand Prix of Monaco. 16 riders…

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Monte Carlo Golf Club
This club is located in France, on Mount Mont-Agel 900 meters above sea level; its site includes 18 holes on 71, with a total length of 5,667 m. It is…

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development

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

Albert's active life
In 1988, Prince Albert was appointed President of the Organizing Committee of the Monte Carlo Television Festival, held annually in the Principality in February, to which hundreds of television experts…

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The Country Grace Kelly Created
On April 19, 1956, Hollywood actress Grace Kelly married Rainier III, Prince of Monaco. This date was the beginning of the heyday of the principality. After the marriage of Prince…

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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…

...