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Monaco - Travel Destinations HD

  
Monaco - Travel Destinations HD
Category: Travel

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Duration: (00:46:01)

Uploaded: 2014-07-01 13:59:24

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    Monaco is located on the French Riviera in Western Europe. Bordered by France on three sides, with one side bordering the Mediterranean Sea, its center is about 16 km (9.9 mi) from Italy, and is only 13 km (8.1 mi) north e...
    Monaco is located on the French Riviera in Western Europe. Bordered
    by France on three sides, with one side bordering the Mediterranean
    Sea, its center is about 16 km (9.9 mi) from Italy, and is only 13
    km (8.1 mi) north east of France. It has an area of 1.98 km2 (0.76
    sq mi), and a population of 36,371, making Monaco the most densely
    populated country in the world. Monaco has a land border of only 4.4
    km (2.7 mi), a coastline of 4.1 km (2.5 mi), and a width that varies
    between 1.7 km (1.1 mi), and 349 metres (382 yards). After a recent
    expansion of Port Hercules, Monacos total area is 2.05 km2 (0.79 sq
    mi), with new plans to extend the district of Fontvieille, with land
    reclaimed from the Mediterranean Sea.Economically the principalitys
    mild climate, splendid scenery, and gambling facilities have made
    Monaco a destination for the rich and famous. However, in more
    recent years Monaco has become a major banking center holding over
    €100 billion worth of funds and has successfully sought to
    diversify its economy. The state has no income tax and low business
    taxes, and is well known for being a tax haven. Monaco boasts the
    worlds highest GDP nominal per capita at $153,177 GDP per capita at
    $132,571, GNI per capita at $183,150, and over 48,000 workers who
    commute from France and Italy each day. For the third year in a row,
    Monaco in 2011 had the worlds most expensive real estate market, at
    $65,600 per square metre. Monaco also has the highest number of
    millionaires and billionaires per capita in the world.
  • Tags:  Monaco  Travel  
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