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Monaco lays out red carpet for world's ultra-rich -Times Online

As you arrive in the Gucci store, other customers are ushered out. A helicopter is waiting to whisk you, on a mere whim, up and over the traffic jams and on an excursion down the coast and, when you sweep into the casino, the croupiers have been ordered instantly to spring to attention.

Like the sound of this? Then you might want to consider the latest holiday package being laid on in Monaco. There is just one small condition: you need assets, excluding your main residence, of $30 million (£21 million) to be eligible.

With the tiny principality fearful of finding itself on a blacklist of tax havens to be made public at the G20 summit in London this week, officials are seeking to bolster the inflow of millionaires through what may be the most exclusive tourist initiative ever.

Under the plan drawn up by the Government of Prince Albert - son of Rainier III and Grace Kelly, and Monaco's ruler since 2005 - the elite holidaymakers will be drawn from the estimated 94,970 people in the world who have the requisite sum in their bank accounts.

[Murdoch Alert]
by Fran on Mon Mar 30th, 2009 at 02:12:19 PM EST
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