There are more than 200 countries in the world, each with its own unique historical and cultural landscape and its economic development is also different. When it comes to the most developed country in the world, some people will think that this is the United States with strong economic strength, and some others will think of the oil kingdom of Dubai. Moreover, there is also a bitter reality of Dubai, that is the gap between the rich and the poor is too large. The rich are particularly wealthy and the poor are particularly poor.

However, there is a country in the world that is richer than Dubai and the United States . It is also the only country in the world without poor people , and the domestic people are basically rich people with assets of more than 10 million. This is the second-smallest country in the world , surrounded by France on three sides and facing the Mediterranean sea on the other, and the scenery is very beautiful. Its economic level ranks in the forefront of the world, and countless people dare not imagine it at all.

History

The Gurians, Phoenicians, and Carthaginians lived in Monaco successively, but the Gurians and Carthaginians did not establish a permanent residence here, and the Phoenicians established a castle in Monaco. Since then, Monaco has become a protected town and colony of the Republic of Genoa.

In 1297, Francois Grimaldi seized the castle of Monaco, inaugurating the family's rule over Monaco. However, the country was already weak and had a weak defense capability, they could only seek protection from strong countries in order to survive, thus they were successively protected by Spain and France, helping the country to survive in a complex environment to this day.

It is difficult for a weak country to have the right to speak. In order to gain independence, Monaco gave up its ownership of Menton and Roquebrune in 1861 in exchange for French acquiescence. After independence, Monaco quickly stepped out of a different situation by relying on its own characteristics, making it an enviable country for countless people.

Economy

The entire country of Monaco covers an area of ​​only 1.98 square kilometers. Despite its small size , its per Capita domestic GDP has reached an astonishing 202,791 USD.

Tourism industry is the main economic support for Monaco. In Monaco , you can see the unique medieval style buildings every few steps , including their streets and palaces, as well as various luxury hotels, numerous tourist attractions and rich resources, every year Monaco attracts many tourists.

But in Monaco, prices are also surprisingly high. In particular, the housing prices in this country very high because of high per capita income. On the other hand, due to the small land area and too few land resources, land is as precious as gold, with a starting price of at least 78,601 usd per square meter.

The local people in Monaco basically have assets of more than 10 million, so if you take a walk on the road of Monaco , basically all the people on the road are millionaires.

The pillars of Monaco domestic economy: gaming, tourism, industry, which help each other to bring Monaco a huge amount of revenue every year. It can be seen from this that each country can only go on a different path by relying on its own characteristics.

It is worth mentioning that Monaco people does not need to pay taxes, so many rich foreigners also move here, and the tax savings can be used for house purchases , investments, etc. To a certain extent, this policy has promoted the development of the local economy and made the country more developed.