10 Amazing Facts About Monaco You Need To Know

Officially, it is referred to as the Principality of Monaco. It is only 0.8 square miles in land size; about the same as the central park in New York City. It is located on the Mediterranean Sea, and bordered by France on three sides. From the country, Nice in France is a mere 11 miles! Monaco has a population of about 31,000 inhabitants. Here are 10 more amazing facts about Monaco you need to know.

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Population: 37,831 (2013) World Bank

Capital: Monaco

Currency: Euro

King: Albert II, Prince of Monaco

Prince: Albert II

Minister of State: Serge Telle

Continent: Europe

System of Government: Unitary Constitutional Monarchy

Official Language: French

Amazing Facts About Monaco

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1. CITIZENS DEBT-FREE

Almost no citizen of Monaco owes the government even a cent!

2. A COUNTRY OF SEAFOOD

Seafood is very prominent.  If you don't like seafood, you might not enjoy Monaco much when you visit there.

3. MOST DENSELY POPULATED

It is the most densely populated country in the world.  And yet, residents do not pay income tax!

4. NO OFFICIAL ECONOMIC FIGURES

Monaco does not publish economic figures at all.  And this includes GDP, so any such figures are guesstimates at best.

5. JOBS EQUAL POPULATION

Available jobs almost equal the population of residents! And yet, there is unemployment of some 3.2 percent.

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6. POLICED BY FRANCE

Monaco has only 400 real police officers. Funnier still is that 95 percent of them are French!

7. PROTECTED BY FRANCE

Monaco is a sovereign nation. But its defense is in the hands of French government!  Is that funny or what?

8. COPIED INHERITANCE LAWS

You can manipulate the inheritance laws of Monaco...just maneuver that of France. Why?  That of Monaco is based on that of France.

9. CITIZENS DON'T GAMBLE

The locals cannot gamble. At the Monte Carlo casino, traveling passport is part of admittance requirements.

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10. HARD TO BECOME A CITIZEN

Acquiring citizenship of Monaco is like trying to kill a lion with bare hands...possible but most difficult.

 

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