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Monaco

No Taxes, No Gambling Known as Europe’s tax haven, each and every individual citizens of Monaco enjoys a tax-free lifestyle since the 1870s. For decades, Monaco lived off solely on its casinos . At present, Monaco’s current efforts to diversify its economy have made tourism its number one source of income and casino profits only at five percent. Citizens of Monaco are not allowed to gamble, nor even visit the casinos.No AirplanesYou may take the train, your helicopter or your yacht (if you have one) if you want to go to Monaco but please, no private jets (if you have one as well.) There are no airports in Monaco. Don’t have enough change to ride the train? Cote d’Azur Airport in Nice, France is just a 30-minute ride to Monaco’s capital. During weekdays, there’s only an interval of 20 minutes per helicopter flight in Monaco’s heliport. This just shows how busy the economy of Monaco is. International Citizens of Monaco There are at least 32,000 registered citizens in Monaco. Only 6,000 are Monégasque passport holders or Monaco locals, roughly 19 percent of the whole population. The remaining percent of the population are French, Italians, and 125 other nationalities which are living in Monaco. Monaco has been ruled by the descendants of François Grimaldi, a Genoese leader of the Guelphs for over 712 years. This explains why the majority of Monaco’s citizens are Roman Catholic.


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The tiny nation is known internationally as a fashionable seaside resort and tax haven with many casinos, beau monde and an annual Grand Prix from the Formula 1 car racing. It has produced the national football team also has its own soccer club, AS Monaco, who plays in the French league.

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Monaco (Monte Carlo) Jetée du Sud
1910. Inactive since 2005; demolished in 2006. Approx. 15 m (49 ft) octagonal cylindrical masonry tower with lantern but no gallery; the light was displayed in later years from a 2 m (7 ft) mast atop the lantern.  Formerly located at the end of the old south jetty, now the Quai Rainier I. ARLHS MON-001; ex-Admiralty E0840; NGA 7240
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Monaco (Monte Carlo) Jetée du Nord
1913. Inactive since 2005; demolished in 2006. Approx. 12 m (39 ft) octagonal cylindrical masonry tower with lantern but no gallery; the light was displayed in later years from a 2 m (7 ft) mast atop the lantern. The building at the base of this lighthouse was the pilot station for the port. The south and north jetties enclosed the original square harbor of Port d'Hercule. Formerly located at the end of the old north jetty, now the Quai l'Hirondelle. ARLHS MON-002; ex-Admiralty E0842; NGA 7236.