Monte Carlo Country Club
In April 1892, Prince Charles III adopted the project for the construction of earthen tennis courts proposed by Count Bertor. Arriving in the principality in 1863, accompanied by Francois Blanc,…

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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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The best museum of Monaco (part 1)
The French Riviera, Monaco, Monte Carlo ... Imagination immediately draws a kind of distant, inaccessible world of sun, celebration, passion and excitement, interspersed with yachts, "Rolls-Royces" and champagne fountains. Slender…

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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

Three days in Monaco (part 1)
A helicopter came in from the sea to land, and a young gentleman in glasses with red glasses and a light suitcase made of red leather shouted into my ear,…

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Monte Carlo Country Club
In April 1892, Prince Charles III adopted the project for the construction of earthen tennis courts proposed by Count Bertor. Arriving in the principality in 1863, accompanied by Francois Blanc,…

...

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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Three days in Monaco (part 1)
A helicopter came in from the sea to land, and a young gentleman in glasses with red glasses and a light suitcase made of red leather shouted into my ear,…

...