Monaco. History and culture of Monaco
The history of Monaco is largely the story of the Grimaldi family, which owns these lands. In 1918, an agreement was concluded between Monaco and France, according to which, after…

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Monaco - Millionaire Reserve
Monegasques (as the locals call themselves) manage from time to time to solve their "housing problem" without declaring war on neighboring France. Land is taken from the sea, filling new…

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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 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

Three days in Monaco (part 3)
However, Mireillea is married, and if that gentleman ever finds his Monegasque, he himself will not become a happy taxpayer anyway. Only his children will be recognized as full citizens…

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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…

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The memory of a trip to Monaco (part 1)
In travel plans, a visit to the state of Monaco was not made in advance. But, since these places were nearby, we decided to visit as many attractions in the…

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