Three days in Monaco (part 2)
Have you rented the latest Renault model with French numbers? Respect does not wait, it’s better to walk. However, walking here is not dangerous: cameras are installed on the streets…

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 →

Monaco Grand Prix circuit
At the Formula 1 World Cup, the most “slow” and difficult step is precisely the legendary Monaco lap, which all riders dream to overcome. To do this, you need to…

Continue reading →

subject

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

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,…

...

Monaco - Star Eden
Would you like to shop at Carrefour. And not because it’s inexpensive there. In the only supermarket of the Principality of Monaco, it's easier than ever to meet a real…

...

The legendary king of the opera Monte Carlo (part 2)
The opera premiered on February 24, 1910 and was greeted with delight. There is no place in this article to analyze this work of Massenet. For us, one thing is…

...