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Why don't all rich people move to Monaco?

Best Answers

There's more to life than avoiding taxes. Not everybody wants to uproot their families, pull their kids out of school, and start a new life in a foreign country that they've never been to, just to save some extra cash. read more

It simply isn’t always suitable. Tax situations of “the rich” are often complicated, certainly though not as easy as just income tax. There are more places without income and capital gains tax than just Monaco. read more

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