Tuesday, October 11, 2016

There's a 5-storey penthouse for sale in Monaco and it's yours for $335 million-plus

http://www.msn.com/en-us/money/realestate/theres-a-5-storey-penthouse-for-sale-in-monaco-and-its-yours-for-dollar335-million-plus/ar-BBxhbRz?li=BBnbfcN

Well we don't have anything in Naples like this. Properties like this are prevalent for the fiscal advantages Monaco offers!

Attracted by Monaco's fiscal regime which repealed income tax in 1869 and has no capital gains, wealth or property taxes, the increased focus on tax over the past decade from other European countries' governments, has driven yet more of the wealthy to the landlocked state.



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