Re: Monaco Supercars
Quote:
Crash said:
Yes. A customer of mine is actually a resident of the principality. She pays no taxes here. There was a massive public uproar when she moved there (how dare she), but I guess it's hard to hold a grudge against a world-record holder. She simply stated what everybody else already thought - we pay too much taxes.
From what she is telling me, all you need to do is hire/buy a place to stay and then apply. They usually conduct a series of interviews to see whether you are suitable to be residing there. Also, convicted felons can't apply.
You have to spend a certain amount of time / year in Monaco as well. Otherwise it might get difficult to be accepted as a regular citizen. There are countless numbers of fellow Europeans who rent a small apartment at ridiculous prices only to have a postal adress in town.
Anyways, back to cars...
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It makes a total mockery of Monegasque sovereignty if its power to refuse to tax Monegasque domiciled residents is not respected by its neighbour! 
...and sharp, wealthy guys can easily choose to live in/move amongst places like SilicVy/Greenwich/NYC/Lond/Geneva, etc to arb unreasonable tax diffces if local gvmts fail to recognize relevance of high-achievers to local economy/infrastruc, etc..... 
