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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The best museum of Monaco (part 1)
The French Riviera, Monaco, Monte Carlo ... Imagination immediately draws a kind of distant, inaccessible world of sun, celebration, passion and excitement, interspersed with yachts, "Rolls-Royces" and champagne fountains. Slender…

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Principality before the Second World War
The principality, which was reduced in size and deprived of resources, was in an extremely difficult financial and economic situation. Raising taxes further was impossible. Back in the 1850s, the…

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financiers

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 Cathedral
Cathedral of Monaco - the main cathedral of the Principality of Monaco was built of white stone, brought from La Turbi. The cathedral stands on the site of an older…

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Roses in memory of a beloved
On January 27, 304, a ship was thrown onto a rocky seashore, on it was the body of the young Christian martyr Devot - as the legend says. A white…

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Royal circus
The XXXIII International Circus Festival in Monte Carlo brought together the best artists from around the world under the dome of the famous tent of Fontvieille. Among them were our…

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