Interesting Facts
- Monaco has the lowest unemployment rate in the world at an amazing 0%.
- Monaco has the lowest poverty rate in the world and 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
- The principality is a well-known tax haven and a popular international banking center with over €100 billion in funds.
- Monaco is the second smallest country in the world (the Holy Sea is the smallest)
- The population is about 36,400 making it the most densely populated country in the world.
- Someone from Monaco is referred to as Monegasque (born there) or a Monacan (naturalized citizens).
- Monaco has the highest life expectancy in the world at 90 years
- The flag for monaco is one of the oldest flags and is identical to the Indonesian flag, apart from height and width
- While French is the main language in Monaco, Italian, Monegasque, Occitan, as well as English are spoken
- The main religion practiced in Monaco is Roman Catholic
- The game of football is played frequently in Monaco, or as we know it soccer. Two big teams are the Mens AS Monaco FC, and the Womens OS Monaco. The teams reached the UEFA champions league finale in 2004
- The only natural resoure in Monaco is fishing
- Unlike Canada, the snowfalls are very rare and can be just once in a decade
- Almost 50,000 workers come from Italy and France every day to Monaco and return back there after work
- Monaco has very expensive real estate, with one square metre going for almost $66,000
- 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 ruler is His Serene Highness, The Sovereign Prince of Monaco, Prince Albert II (Albert Alexandre Louis Pierre Grimaldi) and is one wealthiest royal in the world
- The prince is married to a former South African Olympic swimmer. They met at a swimming event in Monaco in 2000 and were married in 2011
- The Royal House of Grimaldi has been ruling Monaco since 1297
- Even though Monaco is a full member of the United Nations, its defence is controlled by France
- Monaco does not have a navy or air force
- Monaco has the largest police force (515 police officers for 35,000 people) and police presence in the whole 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 in euros
- There is one university, one secondary school, and seven nursery and primary schools
- There is no airport but there is a world-class heliport, the Monaco Heliport in Monte Carlo
Warnings
- Gambling - the Monte Carlo Casino is the most popular places to gamble. But, with gambling you can lose all of your money, which is not recommended. You also don't want to waste your time gambling when you could be seeing all of the other beautiful sites of Monaco.
- Convert your currency before going - converting American or Candian money to euros, when you're in Monaco can be a pain beacuse there is only one place to convert it, and there is a fine that goes along with it.
- Expensive - Monaco is very expensive. Monaco prices are so high because everyone there is so rich, and can afford it. You do not want to burn your money in Monaco!