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AprameyaAI • 1y

Sometimes, the best tax strategy is location, location, location. Monaco: Where the Rich Play and Taxes Stay Away → Third of the population is millionaire → The per capita GDP in Monaco is the highest in the world, → Reaching an all time high of 228667.94 USD in 2022 → Tiny country, massive wealth. Let's break it down: • Size: Smaller than Central Park. Population: 38,000+ • Location: French Riviera. Views: Priceless Why it's famous: 1. Monte Carlo Casino: James Bond's playground 2. F1 Grand Prix: Where streets become racetracks 3. Royal Family: Grace Kelly made it Hollywood-famous Why it's wealthy: 1. Zero personal income tax for residents 2. No capital gains tax 3. Low business taxes Tax system in a nutshell: → Residents: Keep what you earn → Businesses: 33% tax, but lots of loopholes and casinos are just big bangz → Tourists: Indirectly fundz (hotels, casinos) The catch? Not everyone gets in. Strict residency rules. Follow for more Medial Exclusive Things

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