There is one simple explanation for that. The reason why tennis players like Novak Djokovic live in Monte Carlo is that it is considered a tax haven. The Principality of Monaco does not collect personal income taxes and does not levy net wealth taxes. The highest-ranked players in the world earn millions of dollars a year in prize money and
Here are the 12 most over-the-top examples of luxury I saw. Rachel Dube. The view of Monaco and its harbor from the palace. Rachel Dube. I spent three days in Monaco, one of the most expensive countries in the world. Monaco is nicknamed the Billionaire's playground and has the highest GDP per capita in the world .
Monaco is an ideal place to settle down as a family. But you still need to know where and how to go about it! Let us be your guide! 1. What are the prerequisites for becoming a Monaco resident? A certain number of conditions have to be met before you can set up home in the Principality.
Safest Place to Live – Despite all the luxury on show, Monaco is one of the safest places to live in the world. Crime rates are low and the police force is renowned for its efficiency. If you want to put your wealth in Monaco, you can bet it is in safe hands. Perfectly Situated for Business – Monaco is a great place to live as it is Monaco offers a high quality of life and is one of the safest countries in the world. People in the Monaco population live longer on average, with one of the longest life expectancies in the world at 87 years. Monaco also has a low unemployment rate, and the poverty rate in Monaco is 0%. . 478 460 202 324 217 435 81 155

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