Penny Princess

Penny Princess is a 1952 British Technicolor comedy written and directed by Val Guest for his own production company, Conquest Productions. The film stars his future wife Yolande Donlan, who was Guests production company partner, and features Reginald Beckwith, the other partner in Conquest Productions. Dirk Bogarde plays the leading man.

The fictional European microstate of Lampidorra has no taxes, no quotas, no tariffs, no forms to fill in. Its two thousand residents make their money from the national and legal profession of smuggling to and from its neighbors France, Italy, and Switzerland. However, the country falls on hard times and becomes bankrupt.Like the later The Mouse that Roared, the small state seeks the financial support of the United States in the guise of a rich American who buys the whole country for 100,000. When he dies shortly afterward, Lampidorra is inherited by his distant relative, Lindy Smith Yolande Donlan, a Macys shopgirl. ........

Source: Wikipedia