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…

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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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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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system

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

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…

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Monaco relies on extraordinary
For just a few months, a magnificent white building resembling a transatlantic liner will excite the curiosity of the inhabitants and guests of Monaco. The new entertainment complex Ni Box,…

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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…

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