He chose the former.

Source: http://www.crazydaysandnights.net

Arguably the greatest male tennis player ever was offered a proposition.

He could do a little financial spying for his government and they would look the other way at his tax haven status, or they would be all over him.

He chose the former.

Novak Djokovic
Serbian professional tennis player who is currently ranked world No. 1 in men’s singles tennis by the Association of Tennis Professionals.

Monte Carlo, Monaco

Why do Tennis Players Live In Monte Carlo?

Monte Carlo is an area in the central part of the principality of Monaco. Monte Carlo is located on the French Riviera in the central part of the principality of Monaco. It is considered a high-profile tax heaven, because of its personal and business taxation laws and policies, which are extremely soft in comparison to other parts of the world.

Tennis players choose to live in Monte Carlo because Monaco levies no income tax. That is why so many wealthy athletes choose to live in Monte Carlo. However, most tennis players are only registered in Monte Carlo, as most players are on tour all year round. In the off-season they aren’t in Monte Carlo either. Instead they go back to their real home with their families. So it is safe to say that most players only lives in Monte Carlo because of the economic benefits.

Monte Carlo = No Tax Paradise

Ever since 1869, Monte Carlo have been considered a tax paradise with their no levies on personal income for their residents. To become a resident of Monaco, you need to live in the principality for at least 6 months and one day of the year. However, most tennis player that are on tour all year around is spending much lesser time than 6 months in Monte Carlo.

Even though the income taxes are one of the lowest in the entire world, it is unbelievably expensive to live here. Actually, it had the worlds most expensive real estate market for several years. In 2012 the average cost per sqmetre was $58000. However, the players that live here most likely find it better to invest a ton of money and save taxes. But, if you consider the professional tennis players earnings, a $5 million invest in a house isn’t that much. – Source

Check Out Wimbledon Champion Novak Djokovic’s Real Estate Game

No. 1-ranked Novak Djokovic just pocketed $2.98 million by defeating legend Roger Federer in an epic five-set Wimbledon final. Even more impressive—he’s acing the game of life.

The 16-time Grand Slam champion enjoys a high-society lifestyle from his hillside Monte Carlo mansion all the way down to the celebrated waterfront. He also owns a modern Miami Beach villa in the sky at Eighty Seven Park, a new beachfront landmark. And if you count a deuce of SoHo condos at 565 Broome in New York, he’s got real estate game. Advantage Djokovic.

Miami’s cosmopolitan paradise of large harbors, mega yachts, culture, fashion, celebrities, and lower taxes fits Djokovic’s lifestyle to a T. “The Djoker” is famously social—court-side clowning, fan mingling, chatting with restauranteurs, yachting with friends, and cruising the streets in luxury cars. His sense of humor is infectious. A vegan, he even entertains Wimbledon crowds by eating the grass. He’s the life of any party. So Miami is a calling.

Djokovic shares his South Florida residence with wife Jelena and their two kids. Their expansive three-bedroom, three-and-a-half bathroom residence was sustainably designed by French firm RDAI, interior architects behind Hermès stores worldwide. The home features floor-to-ceiling windows, a natural design palette, open layout and a panoramic 25-foot wrap-around balcony—to remind Djokovic he’s sitting on top the world.- Source