Monaco $400 Million Penthouse Secrecy Booms

Monaco, the tax haven on the French Riviera, is experiencing a luxury-housing boom that includes the world’s most expensive penthouse as developers prepare for an influx of millionaires and billionaires escaping higher taxes or a loss of banking privacy. A “flow” of new residents is emigrating fr…

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Monaco $400 Million Penthouse Secrecy Booms