Monaco is known as a playground for the rich and famous, due to its tax laws. In 2014, it was noted about 30% of the population was made up of millionaires, more than in Zürich-Switzerland.Economic development was spurred in the late 19th century with the opening of the country's first Casino MONTE CARLO.
FORMULA ONE
Monaco Grand Prix has been held annually in the streets of Monaco. It is widely considered to be one of the most prestigious automobile races in the world.















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