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Interesting Things About Monaco - Travel - Nairaland

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Interesting Things About Monaco by Iyaniwura123: 2:36am On Mar 03, 2013
-Monaco has the lowest unemployment rate in the world at 0%. It also has the lowest poverty rate in the world and has the world's highest number of millionaires and billionaires per capita.

-There are no income taxes on individuals in Monaco (except French citizens) while the business taxes are quite low. This tax policy has attracted some of the richest people in the world to the nation. The principality is a well-known tax haven and a popular international banking center with over €100 billion in funds.

-With an area of just 1.98 sq km, Monaco is the second smallest nation in the world (the Vatican City is the smallest). But with a population of about 36,400, it is the most densely populated country in the world.

-Monaco is located in Europe and is bordered by France.

-Someone from Monaco is referred to as a Monegasque (those born there) or a Monacan (naturalized citizens).

-Monaco has the highest life expectancy in the world -90 years. In 2011, the Central Intelligence Agency (CIA) calculated Nigeria's life expectancy as 46.94 years.

-The tiny nation also has the world's highest Gross Domestic Product (GDP) nominal per capita at $153, 177 while the GDP per capita is $132,571. Interestingly, the only natural resource the nation has is fishing.

-The climate is quite ideal for tourists and travellers. Snowfalls are very rare and can be just one in a decade.

-It is home to the Monaco Grand Prix, one of the most glamorous Formula One racing events in the world.

-An interesting thing about its labour statistics is that almost 50,000 workers come from Italy and France every day and return after work.

-Monaco is so small that it does not really have a capital but a small quarter and ward called Monte Carlo (Italian: Mount Charles). Monte Carlo is one of the most popular gambling centers in the world with its Monte Carlo Casino (see picture) but a most intriguing fact is that it is strictly forbidden for any citizen of Monaco to enter any of the gaming rooms of the casino, and this is always enforced.

-Monaco has the most expensive real estate market on earth, with one square metre going for almost $66,000 (that's almost N10.5 million, for just one square metre, shooo! Even Banana Island no reach that level na!)

-Monaco is a special type of monarchy called a Principality, that means that it is not ruled by a king but by a Prince. The current ruler is His Serene Highness, The Sovereign Prince of Monaco, Prince Albert II (Albert Alexandre Louis Pierre Grimaldi) and is one of the wealthiest royals in the world (see picture). He is married to a former South African Olympic swimmer. They met at a swimming event in Monaco in 2000 and married in 2011. His Royal House of Grimaldi has been ruling Monaco since 1297.

-The official language in the nation is French but other main languages are Monegasque, Occitan, English and Italian.

-Even though Monaco is a full member of the United Nations, its defence matters are handled by France. It does not have a naval or air force. It has the largest police force (515 police officers for 35,000 people) and police presence in the world. Monaco has one of the lowest crime rates in the world.

-Monaco is not a member of the European Union although the currency is euro.

-There is just one university, one secondary school and seven nursery and primary schools.

-Over 80% of the citizens and residents are Christians. More than 10% have no religion while Jews and Muslims are in the minority.

-There is no airport but there is a world-class heliport, the Monaco Heliport in Monte Carlo. In order to reduce noise pollution, helicopters arriving and departing fly over water. It also has an underground railway station.

-Former Nigerian footballer and African Footballer of the Year, 1997, Victor Nosakhare Ikpeba stayed in Monaco with his wife and kids, where he once played for AS Monaco, a French club. His nickname was 'the Prince of Monaco.' He says: ''I was treated truly like a prince and indeed everyone else in the team was treated alike. It goes to show the value they attach to their players.''

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Re: Interesting Things About Monaco by Meritbaba(m): 4:15am On Mar 03, 2013
Thanks alot for this Iyaniwura, can't believe what am reading.........................................................In other news, Who know my number
Re: Interesting Things About Monaco by Hoddion: 4:39pm On Mar 04, 2013
Up monaco.. Fanx iyaniwura... Do u stay there?
Re: Interesting Things About Monaco by Iyaniwura123: 2:32am On Mar 05, 2013
No, I don't grin
Hoddion: Up monaco.. Fanx iyaniwura... Do u stay there?
Re: Interesting Things About Monaco by luka1981(m): 7:57am On Mar 05, 2013
how do you get to know all this and do you think it is not a-no-go area considering that they will notice when one single person enters their territory.
Re: Interesting Things About Monaco by cutieme(m): 1:22pm On Sep 07, 2015
Iyaniwura123:
-Monaco has the lowest unemployment rate in the world at 0%. It also has the lowest poverty rate in the world and has the world's highest number of millionaires and billionaires per capita.

-There are no income taxes on individuals in Monaco (except French citizens) while the business taxes are quite low. This tax policy has attracted some of the richest people in the world to the nation. The principality is a well-known tax haven and a popular international banking center with over €100 billion in funds.

-With an area of just 1.98 sq km, Monaco is the second smallest nation in the world (the Vatican City is the smallest). But with a population of about 36,400, it is the most densely populated country in the world.

-Monaco is located in Europe and is bordered by France.

-Someone from Monaco is referred to as a Monegasque (those born there) or a Monacan (naturalized citizens).

-Monaco has the highest life expectancy in the world -90 years. In 2011, the Central Intelligence Agency (CIA) calculated Nigeria's life expectancy as 46.94 years.

-The tiny nation also has the world's highest Gross Domestic Product (GDP) nominal per capita at $153, 177 while the GDP per capita is $132,571. Interestingly, the only natural resource the nation has is fishing.

-The climate is quite ideal for tourists and travellers. Snowfalls are very rare and can be just one in a decade.

-It is home to the Monaco Grand Prix, one of the most glamorous Formula One racing events in the world.

-An interesting thing about its labour statistics is that almost 50,000 workers come from Italy and France every day and return after work.

-Monaco is so small that it does not really have a capital but a small quarter and ward called Monte Carlo (Italian: Mount Charles). Monte Carlo is one of the most popular gambling centers in the world with its Monte Carlo Casino (see picture) but a most intriguing fact is that it is strictly forbidden for any citizen of Monaco to enter any of the gaming rooms of the casino, and this is always enforced.

-Monaco has the most expensive real estate market on earth, with one square metre going for almost $66,000 (that's almost N10.5 million, for just one square metre, shooo! Even Banana Island no reach that level na!)

-Monaco is a special type of monarchy called a Principality, that means that it is not ruled by a king but by a Prince. The current ruler is His Serene Highness, The Sovereign Prince of Monaco, Prince Albert II (Albert Alexandre Louis Pierre Grimaldi) and is one of the wealthiest royals in the world (see picture). He is married to a former South African Olympic swimmer. They met at a swimming event in Monaco in 2000 and married in 2011. His Royal House of Grimaldi has been ruling Monaco since 1297.

-The official language in the nation is French but other main languages are Monegasque, Occitan, English and Italian.

-Even though Monaco is a full member of the United Nations, its defence matters are handled by France. It does not have a naval or air force. It has the largest police force (515 police officers for 35,000 people) and police presence in the world. Monaco has one of the lowest crime rates in the world.

-Monaco is not a member of the European Union although the currency is euro.

-There is just one university, one secondary school and seven nursery and primary schools.

-Over 80% of the citizens and residents are Christians. More than 10% have no religion while Jews and Muslims are in the minority.

-There is no airport but there is a world-class heliport, the Monaco Heliport in Monte Carlo. In order to reduce noise pollution, helicopters arriving and departing fly over water. It also has an underground railway station.

-Former Nigerian footballer and African Footballer of the Year, 1997, Victor Nosakhare Ikpeba stayed in Monaco with his wife and kids, where he once played for AS Monaco, a French club. His nickname was 'the Prince of Monaco.' He says: ''I was treated truly like a prince and indeed everyone else in the team was treated alike. It goes to show the value they attach to their players.''


Please how do a Nigerian get th3 Visa
Re: Interesting Things About Monaco by Philian12345: 11:00pm On Jun 18, 2017
I like MONACO.........but don't know how to go aabout getting there visa any help

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