 Monaco
is a country that lies in the south west of Europe. It
has a three-side land border with only France and it is
very near to Italy, just sixteen kilometers away from
Italy. There are about thirty-three thousand people
living in Monaco. This nation is a French speaking
nation and it is considered to be the smallest
French-speaking nation on earth. It will take about an
hour for a person to walk from one width of the country
to another. Most of the people living here are quite
well off and they are also from other countries.
The country of Monaco does not levy any income tax on
its people and it is because of this that it has
attracted the attention of the rich Europeans. Most of
the rich people living here are rich businessmen but it
also has many celebrities staying on its land. Tourism
is one of the main sources of income in Monaco. The
pleasant climate as well as the casinos in the country
attracts the attention of travelers from all over the
world. At present, Monaco has different industries such
as biothermics, cosmetics, etc. The Grand Prix (Formula
One Racing) is held in Monaco every year. |
