The economic crisis in Monaco - Page 3

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  1. 02-27-2012, 05:17 PM #21
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    Quote Originally Posted by Abrown07g View Post
    I believe they do not have an income tax for their residents. If anyone else has pearls of wisdom or I am wrong please correct me.

    Oh, and nice video!
    To become a naturalized citizen you have to have a minimum of $15M LIQUID net worth and even then you are at the bottom of the pile.

    There are no taxes because there is no lower class. Who are they supporting and paying for? No one. Everyone supports themselves.
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  2. 02-27-2012, 09:48 PM #22
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    Im off to Monaco tomorrow to look for a 1 year lease. So excited.

    Marco, il see you soon buddy!
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  3. 02-28-2012, 01:04 AM #23
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    Quote Originally Posted by jibaholic101 View Post
    Monaco is very small, very rich, and very desired. You want space, you gotta pay for it.
    Oh i know, i congratulate him for moving there, and i am in the process of following his footsteps. I should be a monaco resident within 5 years.
    "I spent 90% of my money on women, cars, and booze. The other 10% I wasted."
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  4. 03-01-2012, 02:46 AM #24
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    ^I as well plan on moving there in the future.
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  5. 03-01-2012, 02:47 AM #25
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    The economical crisis is that they need more cars .

    That poor Murcielago...
    Last edited by In AWD We Trust; 03-01-2012 at 02:52 AM.
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  6. 03-01-2012, 03:37 AM #26
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    Monaco is the most pristine place I have ever been in. I did not see one speck of litter anywhere in the place. I seriously felt like I was in Disney Land. The casino was straight out of the James Bond movies. Saw some ridiculous watches at the boutiques while I was there as well.

    Cool place indeed to check out. Not sure I could live there. (Couldn't afford it anyways so no dilemma here )
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  7. 03-01-2012, 03:48 AM #27
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    ^I'd like to compare Monaco to Singapore. But given the climate and prestige - I'd say Monaco wins.
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  8. 03-01-2012, 09:47 AM #28
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    Can't say enough about this city. Yes it expensive but when you see what the fuss is all about you start to understand!

    Worth while coming by and looking for yourself guys!
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  9. 03-01-2012, 10:50 AM #29
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    Good to hear you made it Liquid.
    I bet you couldn't wait to get away from Toronto winter!


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  10. 03-01-2012, 01:47 PM #30
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    Quote Originally Posted by TurboBaron9 View Post
    Good to hear you made it Liquid.
    I bet you couldn't wait to get away from Toronto winter!
    You have NOOOO idea buddy... From LA weather to that cold sucked balls. Hope Sydney is treating you good!
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