This country is famous for its gambling industry. Although the area is the second smallest in the world, the nationals are hundreds of billionaires.

in #economic6 years ago

We all know that Russia and the Vatican are the largest and smallest countries in the world respectively. So, do you know which country in the world has a very large population and that all the nationals are still rich? Everyone very curious as to why there are so many people, and each is very rich. Not only that, but it is also the second smallest country in the world, that is Monaco.

The country of Monaco is very small, with an area of only 1.98 square kilometers, so it is the second smallest country in the world. Can you imagine it? And it is in the south of France, except for one side of the Mediterranean, the other three sides are surrounded by France. It is really Monaco in France, a country in the country. In addition, because Monaco's climate is very pleasant for people, whether it is spring, summer, autumn and winter, it is very suitable for people to live all year round, and the environment is very beautiful, so the country's tourism industry naturally also occupies in the economic rankings. With a high status, people often travel around the holidays to relax, and feel the culture of this small country.

Just because tourism is not enough to make the country so rich, what is the reason for the country to be so rich? It turns out that there is no need to pay personal taxes, so it has attracted a lot of wealthy businessmen to immigrate. Most of these wealthy businessmen are European, and the environment is beautiful, and there is no need to pay taxes. What reason is not to emigrate? Therefore, people here can be said that it is not a millionaire and a millionaire. If citizens are so rich, the country will not even have to say it. Therefore, local prices are not generally high, and house prices have been speculated more and more. So far, it has been 70,000 US dollars.

Talking about Monaco's most profitable industry, it must be the gambling industry, the most famous of which is the Monte Carlo Grand Casino. This casino is spectacular, like a big palace, very luxurious. It was built in the early years to solve the financial crisis and was built ridiculously. Who thought it would become the pillar industry of this country.