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Why do so many high ranked tennis players live in Monte Carlo?

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Monaco levies no income tax on individuals. The lack of personal income tax in the country attracts a lot of wealthy residents of European countries who earn the majority of their income from their activity outside Monaco. read more

The tennis players are technically REGISTERED to live in Monaco , as the tennis players are usually on tour all year round and back at their real homes with their families in the off-season. Though the income tax is low , Considering its small size 2.02 sqkm(Wiki) Monaco in 2012 had the world's most expensive real estate market, at $58,300 per sqmetre. read more

Because obviously the higher ranked tennis players are getting more money on the tour (which is needed to live in a place like that) and by living in Monte-Carlo there is practically no major taxes or anything, which the players (like anyone else) LOVE. read more

I was randomly looking at ATP profiles of the top ranked players today and I was surprised to see that a huge amount of players, if they don't still live in their birth city, live in Monte-Carlo, Monaco or somewhere in Switzerland. read more

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