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…

Continue reading →

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 →

Dwarf happiness costs huge money
Most citizens, when they say “dwarf,” have a blissful smile on their lips. Still would! Whose heart does not touch the dwarf poodle baby? Who will not be touched by…

Continue reading →

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

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…

...

Your home next door to presidents and princes
Monte Carlo, Nice, Cannes ... Sandy beaches and golf courses, fashionable resorts and princely palaces, palm trees and valleys with vineyards - all this excites the imagination and attracts many…

...

Monaco in the late XVIII - early XIX centuries
During the period of the French Revolution and the Napoleonic Wars. All possessions of the Monaco prince in France were lost after the French Constituent Assembly abolished feudal rights on…

...