Estate agents in Monaco know that the chances of a British buyer being able to show the source of their money as legitimate is very high’. Twelve years ago the nouveau riche Russians were bringing suitcases of cash to the Cote d’Azur and Monaco to buy land , but a decade later it’s the British – using conventional [...] The new wave of British buyers is welcomed by Monaco realestate agents as their funds are more likely to be legitimately earned, while some of the 90’s Russian cash was often a little suspect.
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