Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: padre35

Monaco is right next door to France, tucked in between France & Italy. Nice, France, Is 11km from Monaco, as the crow flies.
Monaco has been an independent State, ruled by the Grimaldi family, originally from Genoa, for the past 700 years. Monaco is a member State of the UN, and has it’s own Olympic team.
Much intermarriage with the French nobility, especially the princely family of Polignac, has given Monaco much if it’s French cultural heritage.
The official language of Monaco is French. The money is the Euro, before the Euro, it was the French franc. Monaco issues it’s own postage stamps, which are very beautiful, and highly collectable.

Monaco is a tax haven because there are no income taxes, capital gains tax, or ISF, as in France. However, this does not apply to the French. French living in Monaco have to pay the confiscatory income taxes and ISF.

There is a VAT instead.


28 posted on 06/26/2011 5:02:59 PM PDT by Cincinna ( *** NOBAMA 2012 ***)
[ Post Reply | Private Reply | To 17 | View Replies ]


To: Cincinna

Thanks, and she is quite beautiful.


41 posted on 06/26/2011 7:51:51 PM PDT by padre35 (You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
[ Post Reply | Private Reply | To 28 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson