The art of appeasing guests
In Monaco, even everyday life is like an eternal holiday. A tiny rocky piece of land at the junction of the Cote d'Azur and the Italian Riviera as a powerful…

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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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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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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

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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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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Dwarf happiness costs huge money
Most citizens, when they say “dwarf,” have a blissful smile on their lips. Still would! Whose heart does not touch the dwarf poodle baby? Who will not be touched by…

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