Monaco is a sovereign city-state on the French Riviera, not far from the France-Italy border. With an area of 0.8 square miles (2.1 square kilometers), it is considered a “microstate” and is the second smallest sovereign state in the world, after Vatican City. Monaco is home to some 38,000 residents, around 30% of which are millionaires — the state has no income tax, low business taxes and is a well-known tax haven.43.733333°, 7.416667°
Monaco
Monaco
Monaco
Monaco is a sovereign city-state on the French Riviera, not far from the France-Italy border. With an area of 0.8 square miles (2.1 square kilometers), it is considered a “microstate” and is the second smallest sovereign state in the world, after Vatican City. Monaco is home to some 38,000 residents, around 30% of which are millionaires — the state has no income tax, low business taxes and is a well-known tax haven.43.733333°, 7.416667°