Monaco Hotels
Wealth and diversity are two characteristic features of the hotel sector of the principality. Old palaces are witnesses of a magnificent past and incomparable luxury. Speaking as a symbol of…

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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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Monaco Yacht Show
Monaco annually hosts a significant event in the world of the yachting industry - a yacht show. Only luxury yachts take part in it, so for those who are not…

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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

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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Roulette is the best gamble
The name of one of the most popular gambling in the world - roulette - gave the French word roulette (wheel). And it is deeply natural. After all, roulette began…

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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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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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