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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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…

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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…

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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 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…

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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,…

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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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Rolls-Royce Land (part 1)
In Monaco, the powers that be are twisting novels, losing crazy amounts in casinos, and indulging in other pleasures of life ... Thoughts free and involuntary The yachts on the…

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