How did Novak Djokovic Get His Citizenship?
Novak Djokovic, the Serbian tennis superstar, became a citizen of Monaco in 2015. There are several reasons behind his decision to acquire Monegasque citizenship:
Tax benefits: Monaco is a tax haven, offering low to no personal income tax and corporate tax rates. Djokovic's relocation to Monaco allows him to legally minimize his tax liability.
Luxury and privacy: Monaco is known for its luxurious lifestyle and high concentration of wealthy individuals. Djokovic's citizenship grants him access to exclusive amenities, privacy, and security.
Geographical convenience: Monaco is located in close proximity to tournament venues in Western Europe, making it easier for Djokovic to travel to events.
Family considerations: Djokovic's wife, Jelena, is a Serbian-born artist who holds dual Serbian and Monegasque citizenship. Acquiring Monegasque citizenship allows Djokovic to join his wife and facilitate their children's education.
Change in residency: Before obtaining Monegasque citizenship, Djokovic had primarily resided in Serbia and Dubai. However, he has since made Monaco his permanent home.
Related Questions and Brief Answers
- When did Novak Djokovic become a Monaco citizen? - 2015
- Why did Djokovic choose to become a Monaco citizen? - Tax benefits, luxury, proximity, and family considerations
- What are the tax benefits of Monaco citizenship? - Low to no personal income tax and corporate tax rates
- Is Monaco located in Western Europe? - Yes
- Is Jelena Djokovic a Monegasque citizen? - Yes
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