Monaco: No one is Poor in this Small Country, You can Roam the Whole Country in just one Hour
Monaco City: Have you heard of any country that can be visited in just one hour? If not then we tell you. The name of that country is Monaco. By the way, if it is called a city instead of a country, it would probably be better because it is spread over only 1.95 square kilometers. It is also known as Monaco City, due to its spread in less space. If you go out for a walk in this country, it will not take more than 56 minutes to see the whole city.
Poverty Rate is Zero, although the world’s smallest country is Vatican City, which has an area of 0.49 sq km and a total population of 825. But the name of Monaco City is also included in this list. The monarchy has been operating here since 1927. Responsibility for the security of France ( France ‘s). Despite being small in size, there are many specialties of this country which will surprise you. For example, not a single person is poor in Monaco, here the Poverty Rate is zero. This is the reason why crimes in Monaco are also less.
The border with Italy-France,
Monaco, situated along the Mediterranean Sea of Northwest Europe, is very beautiful in appearance. The streets of this country are filled with multi-storey buildings. The total population here is around 39 thousand. Monaco is counted among the countries with the highest density. This has happened because of so many people living in less area. The border of this small country is connected to France and Italy.
Property Prices are very High
Apart from its size, Monaco remains in discussion for another reason. He is a millionaire who settled here. This country has the highest number of rich people in the world. There are 12, 261 millionaires living here in 1 square mile. According to this, every third person of Monaco is a millionaire. Talking about the property, a one-bedroom house in Monaco has to pay about 12 crores, which is quite a lot.
GDP is second the most important thing in this country is that the incidents of theft here are negligible. There are 1 policeman on 100 citizens. Monaco’s GDP is second in the world. The capita income here is around 1 crore 21 lakh 40 thousand. According to the country’s official website, out of 39 thousand citizens living in Monaco, only 9 thousand 200 have been born in the country, while the remaining citizens were born abroad. The average age of people in Monaco is 85 years, the highest in the world.
