Business & Finance
Monaco’s €660 million yachting boom outpaces wider economy
New figures show the considerable economic weight of yachting in Monaco, with growth driven particularly by yacht brokerage, specialist technical services and an expanding network of businesses supporting the international superyacht industry.
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Revenues in Monaco’s manufacturing sector reach almost €1 billion
Monaco's manufacturing and industrial sectors are recovering well from the pandemic years, but revenues are still down on the figures recorded a decade ago.
Interview: My Yacht Group Co-Founder Nicholas Frankl
The demand for one-of-a-kind experiences, bucket list adventures, and exclusive in the flesh gatherings with like-minded people seem to be at an all-time high, especially among HNW and (U)WNW...
Interview with Johnny Cecotto Jr.: From racing prodigy to serial entrepreneur
Johnny Cecotto Jr. has seamlessly transitioned from a record-breaking racing career to becoming a successful entrepreneur in Monaco. In this interview with Monaco Life, he explains how he channels...
Management acquitted in procuring case at Sass’ Café
The verdict in one of Monaco's most high-profile cases this year has been announced, with the court finding Samuel T, also known as Samy, not guilty of procuring allegations at the iconic Sass' Cafe....
Tax obligations in Monaco: What every resident needs to know
Choosing Monaco as your place of residence is an excellent strategic move if you want to retain more of your wealth thanks to its zero income and wealth tax policies. But as Audrey Michelot explains,...
Monaco delegation sent to OECD tax transparency forum
Between 6th and 7th May, representatives from Monaco’s Department of Finance and the Economy headed to the Caribbean island of Barbados for the 11th Global Forum Competent Authorities Conference.
