How to Live Like a Local in Monaco, France

Opening a business in Monaco

The Steps | Entry and Residence in Monaco | Buying Real Estate | Protection of Intellectual property

The Steps

1. To enter Monaco, all foreigners must have proof of identity (national identity card or passport).

2. Anyone planning to stay in Monaco for more than three months or establish residency must obtain a long-term visa (French consulates handle visa arrangements for the Principality), as well as a residence permit (carte de séjour) which is available from Monégasque police headquarters (Direction de la Sûreté Publique) upon arrival.

3. Anyone wishing to work in Monaco must also obtain a work permit (permis de travail).

4. To establish a company in Monaco you must present to the Economic Expansion Department (Direction de l’Expansion Economique) the following documents:
- Notarized statutes or private deeds which have been registered with the Tax Department (Direction des Services Fiscaux);
- Registration forms detailing partners’ civil status and a description of the company’s registered office on Monégasque territory

5. To establish an agency or administrative office of a foreign company on Monégasque territory, you must send to the Minister of State (Ministre d’Etat) an application which includes:
- Two certified copies of the company’s articles of association;
- A certificate proving the company’s registration in the country of origin;
- A Board of Directors’ directive to open an office in Monaco;
- A copy of annual accounts for three preceding years;
- A description of the premises where the office will be located;
- Details of the appointment of a responsible representative in Monaco;
- A report on the structure of the company: date of creation, main activities, countries of operation, personnel, etc.

Information forms are obtainable from the Economic Expansion Department. Documents in a language other than French must be accompanied by a French translation.

All applications for an administrative office in Monaco are subject to approval by the sovereign government of the Principality.

6. To create a commercial company in Monaco, you must obtain preliminary approval from the sovereign government to operate commercial, craft, industrial or service activities. Authorization from the Minister of State is obtained by submitting:
- A formal request on stamped paper addressed to the Minister of State;
- A certificate proving a clean police record issued within the last three months;
- A description of the office premises;
- Information about the applicants’ civil status (birth, marriage, divorce, etc.);
- Diplomas and references;
- Completed information forms from the Economic Expansion Department.

Such a business may be operated either by the proprietor or by a manager (for whom authorization must be obtained).

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A Historian Looks at Tax Havens

by Charles Adams, May 2003

The recent attack on tax havens by the Organization for Economic Cooperation and Development (OECD) has depicted about 20–30 countries, called tax havens, as destructive of the high tax systems of the world, especially Europe.

The OECD argues that its members should gang up on these nations and shut down their financial centers unless their banking facilities are made “transparent” (a word of art they use, which means to place their banking information at the disposal of the national tax authorities of the world).

For those centers that will not do so, the OECD plans to place a banking embargo on their banks, preventing them from doing any banking with the OECD. This is a bold, aggressive move that would put an end to the ancient principle of English liberty that a “man’s castle is beyond the surveillance of the king.”

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Christchurch, Canterbury, New Zealand 2050?

Supercars of Monaco on one day!! LP670 Enzo One-77 Veyron Agera R SLR - ...

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Timeline Liechtenstein

1719        Jan 23, Principality of Liechtenstein was created within the Holy Roman Empire.
    (www.state.gov/r/pa/ei/bgn/9403.htm)

1719        Sep 23, Liechtenstein declared independence from the German empire.
    (MC, 9/23/01)

1806        Jul 12, Napoleon granted Liechtenstein sovereignty.
    (AP, 7/12/06)

1836        Apr 20, Johan I Jozef (75), monarch of Liechtenstein, field marshal, died.
    (MC, 4/20/02)

1939-1945    Liechtenstein managed to stay neutral during WWII.
    (SSFC, 8/31/03, p.C8)

1971        Feb 28, The male electorate in Lichtenstein refused to give voting rights to women.
    (HN, 2/28/98)
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The Battle of Lexington and Concord: America the Story of Us

Dr Strangelove Trailer 2009

WikiLeaks proves US diplomacy is brutal

Diplomacy is a brutal and two-faced business. Public diplomatic statements are bland and fatuous, but in private the talk is fierce. WikiLeaks' latest hoard of leaked emails from the American intelligence think-tank Stratfor usually mentions New Zealand in terms of contempt.

"When it comes to geopolitical importance," Stratfor analyst Chris Farnham wrote to colleague William Hobart in September last year, "it doesn't get much f---ing lower than New Zealand." Hobart had a similar view. "What possible strategic use is that little part of the world to f---ing anyone??!!" he wrote to Farnham.

The emails give a good idea of how American and Australian political insiders, working for a company once called "the shadow CIA", view New Zealand. Stratfor sells intelligence to government agencies and big corporations, and has close ties with the US government and military.

The emails also provide a brutal contrast to the official version of how the United States and Australia regard New Zealand.

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Chilling footage from seconds after Christchurch earthquake

Life in Luxembourg

Which Country Is Richest In The World ?

According to the World Bank Development Indicators (2006), Luxembourg is the richest country in the world with a GNP or Gross National Product of 61,610 measured in international dollars.
Gross National Product or GNP is the accepted index for measuring financial success, although it doesn't indicate quality of life.

Luxembourg has a high GNP due to the fact that a high percentage of the workforce in that country actually lives in the bordering countries of France, Belgium and Germany.

Luxembourg is well placed for international trade.

According to the same source the USA takes second place with 39,820 dollars and the other top contenders are Norway and Switzerland followed by Ireland, Iceland, Austria and Denmark. The UK came in eleventh place.

The worlds richest countries have around and up to115 times more than the world's poorest countries


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