Why does novak djokovic live in monaco




















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We have all the news about it If you are a huge tennis fan, then you may have noticed that many of the successful tennis players have set their residency to Monte Carlo. Table of Contents. This Serbian tennis player moved here in Today he continues his career, and also actively helps the Princess Charlene Foundation as its ambassador. In , Novak Djokovic became an 8-time winner of the Australian Open tournament, thus breaking a record of champion titles in this competition.

In , the Forbes ranked him 17th among the best paid athletes. Novak settled in Monaco years ago. Here he opened his only one vegan restaurant Eqvita in Monaco, which was located on Rue de Portier and received many positive client reviews.

But unfortunately, now its closed. Interesting fact: among tennis lovers, Djokovic is known for his parodies of other players. For the first time, he demonstrated his «acting skills» after his victory over Carlos Moya in the quarterfinals of the US Open Tennis Championship in Back then, it was Rafael Nadal and Maria Sharapova who became his «victims».

That is why he has been nicknamed the «Joker», the word combining the Serbian name of Djokovic and playing on the English word «joke».

In , Marat reportedly felt compelled to rent a hotel during the Rolex Masters tournament, although at that time he already had an apartment in the Principality. I travel a lot, without staying too much in one place. I look after myself, my health and personal life. I just really like traveling, getting in the car, driving or taking a flight somewhere. I do have friends all over the world.

At a point when tennis became predominant in his life, Daniel did two high school years externally in order devote more time to his sports. The tennis world first heard of him in when Daniil took part in the European Championship, making his way to the finals in doubles and to the quarter finals in singles. Daniil Medvedev is a Monaco resident. He is favouring the Principality since his progress and training in the native Moscow are admittedly more complicated.

The tennis player speaks three foreign languages, including French. The tennis player currently occupies the fifth position in the ATP ranking, having won seven titles in the ATP tournaments. Marital status: Dating a German model Brenda Patea. Thanks to his hard work and talent, today, the athlete is No.

His best result had previously been performing in the French Open quarter finals , Today, Zverev lives in the Principality, preferring it to his hometown of Hamburg. It seems that both of them inherited this passion for sports from their parents. Stefanos Tsitsipas is a rising Monaco-based tennis star who has already had a spectacular career.

And I know how everyone is hurting right now. However, this is just calculating his prize money; there are sponsorship deals and endorsements that account for millions, and that also translates into a sizeable amount that has been saved by the Serbian.

One more reason why tennis players prefer Monaco is because of its top-notch tennis facilities. Djokovic, in the past, revealed that he had come to Monte Carlo as a teenager to practice under his former coach Riccardo Piatti. From then on he has had a liking for the place, which prompted him to set up camp there. I used that as a training base.

At that time I was still living in Serbia. Below we covered the topic more in-depth. Some players have chosen Dubai, Switzerland and The Bahamas for the same economic reasons. Here is a list with some ATP Players who reside in tax havens. As we can see, this is quite the extensive list and it is not exclusive to men. A number of WTA stars also have residency in tax havens, including petra kvitova Monte Carlo , Caroline wozniacki monte Carlo , garbine muguruza switzerland.

Living in countries free of income taxes has been long practiced by professional tennis players, dating back to legends like Bjorn Borg and Goran Ivanisevic. In order to understand why so many players go through the trouble of relocating in order to avoid income taxes, first we need to understand how taxation works in professional tennis. This, however, is a very complicated subject because tennis players compete across the entire world and each country has specific tax laws for foreign earnings.

Because of that, players are taxed where they earn their money, which automatically cuts their prize money earnings significantly.



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