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Top 10 Interesting Facts About Monaco

 Top 10 Interesting Facts About Monaco

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Welcome to Countries so in this Article I'll show you ten facts about Monaco everyone should know and thank you for joining the Countries where the most successful people come to up their game Monaco the sovereign country bordered by France Italy and the Mediterranean Sea is one of the most iconic places to be and to be seen it's a playground for the elite and you certainly need to bank balance to mingle in these circles around Monaco in today's video profits of success we'll be going over the top ten facts that everyone should know about Monaco perhaps after hearing these facts Monica will be a must place visit on your travel list who knows right so profits before we get started make sure to subscribe to profits of success and click the bell icon to get updates on our latest and amazing Article let's get rolling then.

1 Densely populated with an area of just 0.78 square miles and a population of 38,000 300 Monaco is without a doubt one of the densest countries in the world this may seem like a bad thing by the sound of it with too many people living below the poverty line and many other densely populated countries the reality however speaks differently surprisingly despite being the most densely populated country monocled bags the number one position on the human development index and has a poverty rate of 0% how crazy is that.

2 Flag of the country have you ever seen Indonesian flag the flag of Monaco resembles that to a great extent both of them comprised of a blend of horizontal by colours of red and white the only difference between the two national flags however is that the flag of Indonesia is no longer Indonesia isn't the only country the national flag of Poland follows a similar design to that of Monaco's the two flags are identical except that the stripes in the Polish flag needs to be vertically inverted to form the flag of Monaco Singapore is another one on the list featuring its close resemblance to the monaco flag with the only exception being the presence of a white crescent and five white stars at the hoist side of the red stripe.

3 Hollywood and Monaco a bond made in heaven if you're a fan of Hollywood you're sure to love this country many movies including Madagascar and Europe's most wanted have been filmed in Monaco the country's world-class casinos have served as a set of numerous James Bond movies as well more on the casinos later for now what's important for you to know is that the glamour and wealth associated with this city-state is a reason to always succeed in attracting the attention of Hollywood filmmakers bringing them to Monaco.

4 Natives are the minority yes you heard it right the native people that goes by the name of Monty glass Kay formed the minority group in their own homeland most of the people residing here are foreign-born instead the biggest group amongst these are the French nationals that account for twenty eight point four percent of the country's total population the remainder of the demographic segment can be classified into mono Vasquez 21.6% Italians at eighteen point seven percent British at seven point five percent and people of various other nationalities filling in the remaining segments these are some of the strangest demographics in the world.

5 Police are everywhere Monaco is one of the most secure places on the planet Monaco has a video surveillance system operating 24 hours alongside the fact that one police officer is responsible for the security of 100 residents 515 men and women are part of this police force guarding a small population segment making the country's police force one of the largest on a per area as well as per capita basis in short the police are everywhere in the state and crime is a very low.

6 GDP per capita Monaco has a GDP per capita figure of a hundred sixty five thousand four hundred twenty dollars the second highest in the world and only one of the four countries to have exceeded the hundred thousand dollar mark the country lags behind Lichtenstein a german-speaking principality country tucked in between Austria and Switzerland according to the United Nations Lichtenstein has a per capita GDP of a hundred sixty six thousand twenty one dollars Monaco is slightly shorter a number but it must also be kept in mind that Lichtenstein is about 80 times larger in the area of Monaco before we move ahead profits subscribe to our channel if you haven't already and click the Bell icon now let's proceed.

7 Casinos as we mentioned earlier in the list casinos are a favourite spot for the Hollywood directors to shoot the scenes for their movies strangely the citizens of the country are banned from entering these casinos the monarchy ruling the country recognizes the drawbacks of commercial gambling and prohibits its citizens from doing so by law despite being one of the world's premier destinations for gambling as well as home to the Monte Carlo Casino the rule exists and are adhered to by its citizens if you're not already stunned by these facts about Monaco we now present to you our top three picks of the list.

8 Insane amount of wealth every one out of three people you would come across in Monaco would be a millionaire and one would be a billionaire out of every twelve thousand six hundred residents you meet these stats are really out of this world it's one of the most expensive on a global scale one square foot for residents is average ly priced at four thousand five hundred sixty dollars in the country this is way higher than some of the most expensive housing markets in the world such as New York City and Hong Kong where the average prices are a thousand seven hundred seventy three dollars and two thousand eight hundred fifty nine dollars respectively in 2017 the average home price in Monaco for just resale was 4.5 million euro or more than five million dollars you might be thinking that you would just buy a one-room apartment instead of a lavish house to live in Monaco for the rest of your life this may not come as great news to you that buyers are expected to pay at least 1.6 million dollars for a small one-bedroom apartment in Monaco whilst the normal apartments range from two point two million dollars to twenty two point three million depending on their size to expensive white a millionaires then spend so much of their money here the answer to this is quite simple and straightforward no income tax no corporation tax high standards of living.

9 Racing at the beginning of the 20th century the director of an automobile Club of Monaco Anthony nose came up with the idea to organize a Formula one motor race in the streets of its Principality with the aid of a famous Monegasque a pilot Luba Sheeran he imagined a particularly complex course the sportsman had to drive through the streets at a speed of more than a hundred fifty miles per hour his idea lived on as Monaco circuit is still today considered one of the most formidable automobile challenges in the world each weekend of the asunción holiday hundreds of thousands of spectators from all over the world come to this rendezvous of emotion and festivity when the quiet sunny streets of Monaco come to life with the noise of the roaring motors another addition to the appeal of the country.

10 Second smallest nation of the world lying at an area of only 2.0 two square kilometers across horizons Monaco is the world's second smallest country following Vatican City in the rankings table the country which is home to millionaires and billionaires is smaller than the famous Central Park in New York City but certainly richer than the entire New York City hey profits you stayed until the end and that can only mean one thing you are destined for success if you made it this far let us know by typing Casino Royale in the comment section below.

So we know who made it to the end until next time profits thanks for watching and keep on striving for success see in the next Article have a great day bye bye.

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