Just being "rich" isn't enough to get a citizenship in Monaco. You need to be either famous+rich or wealthy.
But that's how it goes and there are other countries you can use to evade taxes too.
But that's how it goes and there are other countries you can use to evade taxes too.
Not sure what's the distinction between rich and wealthy, sounds the same to me.
Rich people have high incomes, wealthy people own a lot of valuable things (properties, land, art, stuff that keeps its value).
New money vs old money/generational wealth pretty much.
I have a good enough tax regime where I live in Central Europe - for 2022 I paid 8% including income tax, health and social insurance. But I'd definitely consider doing this if it was over 20%.