SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: zonder who wrote (67286)1/10/2003 11:28:04 AM
From: Sam Citron  Read Replies (1) | Respond to of 70976
 
Zonder,

I am very pleased to meet a resident of Monaco, the first I have encountered online or in the flesh. Were you born there? Like most Americans, I have a rather magical impression of Monaco, from watching James Bond movies and looking out on the lush scenery from a train window enroute from Florence to Paris. What is it actually like to live and raise children there? Are there any disadvantages?

Sam



To: zonder who wrote (67286)1/10/2003 1:58:24 PM
From: 49thMIMOMander  Read Replies (1) | Respond to of 70976
 
EU is and will "deal" with Monaco in a constructive way..

That is, within the long term project of replacing tax-evasion,etc with some more productive local
economies, with special emphasize on small economies and populations. (and especially
islands, and specifically isolated ones)

That is, in some cases some level of tax-subsidies might be the only way of keeping a
local economy going, ref growing banans or virtual banks (ref carribean islands)

Ilmarinen

For example, inbetween sweden and finland there is little (finnish) island, demilitarized, as it always
has been the first goal in any war, additionally lots of other "special solutions" and now still
outside EU to be able to run ferries and make money on tax-free alcohol. (which now is
a major factor to connect acandinavia to the baltic nations, just like it before EU connected
the scandinavian nations, always a good reason for visiting a neighbor)

Btw, UK joining the EMU will make this process take another step further, although it still
is a problem with the future of London City.

Question, does Monaco have some "legal" importance, like Jersey, in that their laws for
corporations are more "well known, predictable" than those of other tax-friendly nations,
less chance of changes, elections,etc...