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Las Vegas to be represented at Monaco Royal Wedding June 26, 2011

Posted by jonathanwarren in Consul of Monaco, Grace Kelly, Las Vegas, Monaco Royal Wedding, Monegasques in the USA, Prince Albert II of Monaco, Princess Grace of Monaco.
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Long-time Las Vegans are among the holders of coveted invitations to the Royal wedding of HSH Prince Albert II of Monaco to Miss Charlene Wittstock.

Consuls Warren and Biggs Sparkuhl with Mayor Oscar Goodman of Las Vegas

Consuls Warren and Biggs Sparkuhl with Mayor Oscar Goodman of Las Vegas

Jonathan Warren, Consul of the Principality of Monaco and a life-long Las Vegan, will be accompanied by the Honorable Paulina Biggs Sparkuhl, Consul of the Republic of Chile in Las Vegas and a resident of the City for three decades.  The will join the other invited guests of HSH Prince Albert II on the plaza of the Prince’s Palace in Monaco, to witness the wedding of the Sovereign to Miss Charlene Wittstock.

The last wedding of a Sovereign Prince of Monaco was in 1956, when Prince Albert II’s parents, Prince Rainier III and American Academy Award-winning actress Grace Kelly were married in Monaco.

An Eagles concert and a Jean-Michel Jarre concert-light show over the Port de Hercule will be just a taste of the celebrations marking the July 1st and 2nd civil and religious ceremonies.

Consul Warren to keynote Convention Services Association luncheon June 2, 2011

Posted by jonathanwarren in Consul of Monaco, Las Vegas, Monegasques in the USA.
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Convention Services Association of Las Vegas

Consul Warren will be the keynote speaker at the Convention Services Association luncheon on June 22, 2011.  The CSA of Las Vegas was organized in 1968 to promote cooperation, professional growth through education and fellowship among its members in the convention and tourism industries in Las Vegas.

“Las Vegas:  Meeting Place of the World” 

Monte Carlo:  Consul Warren with consuls of Chile, Yemen, and Dem. Rep. of Congo

Monte Carlo: Consul Warren with consuls of Chile, Yemen, and Dem. Rep. of Congo

In his talk, Consul Warren will discuss the impressions of his home town of Las Vegas outside the US,  and why it is the most visited city in the world.  He will inform the group about the history of the Principality of Monaco, and its unique position in business diplomacy, and in hosting conventions and conferences.  Consul Warren will bring news from the wedding plans of HSH Prince Albert II and Miss Charlene Whittstock.  He will also introduce others who he describes as the new breed of honorary consuls, a new guard in the world’s oldest form of bilateral diplomacy.

Consul Warren will describe his vision for Las Vegas as the business diplomacy center of the United States, and how local business will profit from helping make this vision a reality.

Reserve early, seating is limited to 80 attendees.  See the Facebook invitation to view other attendees.

Why US assets of Monegasques are often registered in Nevada May 24, 2011

Posted by jonathanwarren in Consul of Monaco, Monegasques in the USA.
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Citizens and residents of Monaco include some of the most high-profile, high-earning individuals in the world.  Many of these have some earnings and/or assets in the USA.  In such circumstances, it may be beneficial to domicile the US income in the State of Nevada, as well as register the ownership of assets there.  The reason is that Nevada has what many consider the most favorable US regime for taxes and asset protection.

The law governing trusts in Nevada (NRS 166) creates what many believe to be the best asset protection environment, while also imposing no state taxes or fees.  One need not be a resident of the State of Nevada, or even of the US, in order to take advantage of a the Nevada Asset Protection Trust.  The formation is inexpensive, and the Consulate of the Principality of Monaco in Las Vegas provides Trustee service to citizens and residents of Monaco free of charge.

Placing assets in a Nevada Asset Protection Trusts holds those assets apart from civil liabilities incurred by the grantor or beneficiary of the trust.  It also serves to lower the profile of ownership.  Income earned in Nevada incurs no state income tax, leaving only the US federal income tax liability.  Earning via a corporation may provide better tax deductions than earning as an individual, leading to a lower net tax liability on US earnings as a whole.  Nevada’s corporation law is also a favorite for privacy.

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