Anybody Trade from Monaco's Monte Carlo ?

Discussion in 'Trading' started by BlueStreek, Jul 4, 2010.

  1. Ash1972

    Ash1972

    The 0% personal income tax rate is Monaco's raison d'etre. Without that, no one would bother living there.

    Unfortunately to be resident in Monaco for tax purposes you need to live within the principality's borders, i.e. pay the expensive rents.
     
    #11     Sep 11, 2010
  2. I travel to Monte Carlo every quarter at least (Gricham Jones's Chairman, Mark Haddad-Grisham, is a resident there).

    Life seems a bit boring for "youngsters", but streets are clean, feel safe for a girl walking alone (unlike most large US cities, sorry to say).

    I'ts not only the real estate: life is amazingly expensive: about $10 for a coke in any bar.

    thx,

    Sarah
     
    #12     Sep 11, 2010
  3. Ash1972

    Ash1972

    Are you a client of Gricham Jones? Are they any good?
     
    #13     Sep 11, 2010
  4. The Bahamas also have no income tax. You can get a residency permit there by buying property of $500K or more. As others have mentioned, it doesn't help much on taxes if you are American. There is an overseas exemption on some of your income however.
     
    #14     Sep 11, 2010
  5. #15     Sep 12, 2010
  6. They don't have any clients yet.

    They're trying to figure out how to screw newbies. Their website will be up shortly.

    http://www.traders-logic.com/

    http://www.gricham.com/index.php


    Gricham Jones looks like a real con job in the making.
     
    #16     Sep 12, 2010