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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Rolls-Royce Land (part 1)
In Monaco, the powers that be are twisting novels, losing crazy amounts in casinos, and indulging in other pleasures of life ... Thoughts free and involuntary The yachts on the…

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The best museum of Monaco (part 2)
After the death of Albert I, the museum went dead, because the sea was not at all interested in the new owner of the rock of Monaco. Inflation, which swept…

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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

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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Older sister (part 2)
After the death of her husband, the princess closed up: she almost abandoned onerous secular duties and spent most of her time with her children in her village estate in…

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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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