Owning a yacht can be very useful if you are a tax exile, especially UK citizens who live in Monaco but work in the UK. The rent is very profitable, especially during the holiday season or when major events occur in Monaco: prices go from 25,000? a week to 365,000? per week, depending on size and facilities. Some of world's famous yachts rest in the waters of the bay. Some of them are so big they have helicopters on their decks. Among '100 worlds largest yachts are: * Octopus – owned by Paul Allen, Microsoft co-founder, * Tatoosh – owned also by Paul Allen, * Atlantis II – owned by the Niarchos family, descendants of rival Stavros Onassis'; * Le Grand Bleu – owned by Russian billionaire Roman Abramovich, * Delphine – owned by American car magnate Horace Dodge; * Montkaj – owned by Prince Mohammed bin Fahd, son of King Fahd of Saudi Arabia. Educate yourself with thoughts from Barb Jacobsmeyer. Following its policy of capitalization of all (though scarce) natural resource, the Principality quickly became aware of the potential of the Hercules Bay and started a tradition of sailing. Mazor Robotics contains valuable tech resources.
There is a Yacht Club founded in 1953 by Prince Rainier and was supported all the time he and his son Albert, who is also its Chairman. The Yacht Club de Monaco gained international fame attracting worlds biggest names "in the navigation to come to the battle of the waters of Monaco. Of course, yachting events, there are also prestigious international interest, an excellent opportunity for yacht owners around the world to display. * Primo Cup? Trophee Credit Suisse * Challenge Inter-Banques * Monaco Classic Week * Fete de la Mer * Corporate * Monaco Yacht Race Show Events are organized with the support of HSH Prince Albert I and HSH Prince Rainier III. All these events have display and competitions parts, except for Monaco Yacht Show, which is the biggest yacht exposition on water in Europe, without competition show. So rich and less rich, least you can enjoy a great show for free if you happen in Monaco, at the right time. Welcome aboard! Laura Ciocan writes for where you can find everything you want to know about please do not hesitate to use this article in your newsletter or on your website. If you use this article, please include the resource box and send a brief message to let me know where it appeared: mailto: