Modern City-States and Small Sovereign Territories
Long before anyone proposed building a Free City, some already existed. Monaco, Liechtenstein, Singapore, Hong Kong and the Channel Island of Sark govern themselves at a scale most countries would call a suburb, and each arrived there by a different route: inheritance, treaty, empire, secession or accident.
They are not models anyone designed, which is exactly what makes them useful. Every argument about whether a city-sized jurisdiction can raise revenue, defend itself, hold a legal system together or survive a change of ruler has already been tested in at least one of these places, in public, over decades.
This hub gathers what those cases show: how Monaco funds itself without income tax, why Hong Kong’s autonomy proved reversible, what happened when Sark ended feudal rule in 2008, and how Dubai turned a set of free zones into a magnet for people who could live anywhere. Their histories are covered under History of Free Cities; here the question is how they work today.
Also known as: City-State · City States · Microstate · Small States · Monaco · Singapore · Liechtenstein · Principality · Hong Kong · Macau · SAR · Special Administrative Region · One Country Two Systems
Articles
Blog10 min read
Can Startup Cities Defend Themselves? Ask Dubai
It’s been a month since the Gulf war erupted. Triggered by the assassination of Iran’s leader in a U.S.-Israeli strike, the conflict has since spilled across the region.
Vera Kichanova · Free Cities Foundation
Blog29 min read
Sark: A Small Island with Huge Potential
The underlying investment case will be truly unique.
Swen Lorenz · Sark
Blog6 min read
Monaco: A State Owned By A Family
While Venice has lost its independence, another Mediterranean community founded by Genoese noblemen has survived to this day. This is the Principality of Monaco, which can be exemplary for Free Cities in many respects because of its size, its special relationship with France, and its solutions to the issues of security, immigration, and financing of public expenditure. Some claim that Monaco is already a kind of private state that publishes its figures like a stock corporation and regards its inhabitants as customers. [1]
Titus Gebel · Free Cities Foundation
Blog7 min read
Is Hong Kong’s Success Story Coming to an End?
The astonishing development of Hong Kong is an example of how a city-state can work its way up from simple beginnings with a classical liberal system to considerable prosperity and also to enormous size. The population has multiplied (from 7,500 in 1843 to 1.7 million in 1945 to over 7.3 million in 2015), mainly due to immigration from the People’s Republic of China. For many mainland Chinese, the British colony was a refuge from the Chinese Civil War and later the Communist People’s Republic of China. Today, the quality of life and life expectancy, per capita income and business friendliness in Hong Kong are among the world’s best. [1]
Titus Gebel · Free Cities Foundation
Podcast episodes
Podcast Episode 161
Swen Lorenz: Demography is Destiny
Swen Lorenz on the troubled state of the island of Sark, a failed rescue bid, and what it reveals about confidence in small jurisdictions.

Podcast Episode 83
Swen Lorenz: Major Sark Announcement
Swen Lorenz of the Sark Property Company on its cash bid for the Sark estate and what the deal means for the island's future.

Podcast Episode 75
Zuby: Responsibility, Discipline & Choosing Dubai
Rapper and podcaster Zuby on choosing Dubai, why it attracts global talent, and the trade-offs between freedom, safety and taxation.

Podcast Episode 72
Fred Roeder: Dubai, Governance & The Evolution of Cities
Fred Roeder of the Consumer Choice Center on living in Dubai, governance incentives, healthcare and the pros and cons of democracy.

Podcast Episode 54
Christopher Beaumont & Swen Lorenz: Sark. Past, Present & Future
Seigneur Christopher Beaumont and Swen Lorenz on the past, present and future of Sark, the self-governing Channel Island near Normandy.

Projects
In the media
Undervalued Shares
Sark – what's next for the little island?
Undervalued Shares
Sark – it's not a big deal
Bailiwick Express
A tiny, tranquil but crumbling island populated by 500 people – how does a £30m investment in Sark make any sense?
IMI Daily
Putting the Spark Back in Sark – Swen Lorenz's Big Plans for Europe's Tiniest Tax Haven
Undervalued Shares
Sark bid – decision time
Undervalued Shares
Sark – bidding for the Barclay estate and going public
Undervalued Shares
Sark – a small island with huge potential
Bailiwick Express
£100m dream for a Sark "utopia"



