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Why does Djokovic live in Monaco instead of the motherland?
Luxembourg has become a paradise for the rich because of its preferential tax and fiscal policies. 1868, Charles III, then the Grand Duke of Monaco, announced that "almost all direct taxes" would be abolished nationwide, and even the Monte Carlo Casino, which worries about money every day, did not draw taxes from it. Compared with the high taxes in Germany (48.5%), France (48%) and Italy (45%), Monaco's low taxes are very attractive, and the pleasant Mediterranean climate attracts many wealthy immigrants.
Monaco has the highest density of sports stars, with Becker, Haining, Safin and Ljubicic in tennis, Coulthard, Schumacher Jr., Barton, Fisichella, Villeneuve, Barrichello, hakkinen, Basten and Bubuka in track and field. Sports stars are only a small part of Monaco's rich. In addition, 007 Ross Moore and "King of High C" Pavarotti also live in Monaco, and Pavarotti has been sued by the Italian government for this.
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