Why Is Monaco So Rich?

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  • เผยแพร่เมื่อ 30 พ.ย. 2024

ความคิดเห็น • 1K

  • @TheInfographicsShow
    @TheInfographicsShow  6 ปีที่แล้ว +321

    You've got 4 words to describe your perfect day in Monaco with no limits... What do you do?

    • @Reubensmurphy
      @Reubensmurphy 5 ปีที่แล้ว +30

      The Infographics Show helicopter yacht party women

    • @tommyg879
      @tommyg879 5 ปีที่แล้ว +8

      Party in a Yacht

    • @grzk
      @grzk 5 ปีที่แล้ว +74

      The Monaco Grand Prix

    • @hyperwolfegaming6745
      @hyperwolfegaming6745 5 ปีที่แล้ว +31

      F1 race drive paddock

    • @neddiego2570
      @neddiego2570 5 ปีที่แล้ว +12

      Real Estate, F1, Yachts. 🏢🏎🛥

  • @anythinginteresting3412
    @anythinginteresting3412 6 ปีที่แล้ว +2679

    Simple Answer: *NO INCOME TAX,* that surely will attract a lot of millionaires.

    • @buenaventuralosgrandes9266
      @buenaventuralosgrandes9266 6 ปีที่แล้ว +147

      yep. small indigenous population add with regulation to attract most of rich folks and build infrastructure to make it a playground for the rich. pretty sums up the success story behind monaco

    • @araxiel2051
      @araxiel2051 6 ปีที่แล้ว +71

      Helps that since living is so ridiculously expensive, the entire workforce of working class people and even the middle class are forced to live outside in France, which means France has to cover all their expenses (schools, healthcare, infrastructure etc.) without getting a single cent from the corporations those workers are employed by.

    • @Wladek666Accursed
      @Wladek666Accursed 6 ปีที่แล้ว +13

      That is problem of French politics

    • @ShalonMachado
      @ShalonMachado 6 ปีที่แล้ว +38

      if you're a citizen of monaco since the beginning and were born there then you don't have to pay these insane amounts for living space. which explains the 2/3rd of the residents who aren't millionaires.

    • @marcobosi3815
      @marcobosi3815 6 ปีที่แล้ว +3

      Fiscal heaven

  • @realfootwearreviews139
    @realfootwearreviews139 5 ปีที่แล้ว +350

    I’ve been to Monaco. Every other car on the road is a super car. Ferrari. Lambo. It’s crazy. And the “other” ordinary cars. Porsche. Ranges. BMW. Mercs.

    • @autisticwizard84
      @autisticwizard84 5 ปีที่แล้ว +17

      Yo they are pretty much all in front of the Casino and some are just flexing in the streets. Know it cuz' i leave nearby :P

    • @Wayeseh
      @Wayeseh 5 ปีที่แล้ว +7

      An F1 and F2 is the best part....I wish I would soon go to a GP watching from the hairpin Hotel

    • @egga3675
      @egga3675 3 ปีที่แล้ว +3

      @@autisticwizard84 dang you live in monaco?

    • @athenstar10
      @athenstar10 3 ปีที่แล้ว +3

      So it's easy to spot the prince on the road if you see a Toyota Prius😆

    • @xsbv
      @xsbv 3 ปีที่แล้ว +3

      Monaco looks like a GTA Online lobby. Sports Cars everywhere, Billionaires...

  • @alexgeissler3990
    @alexgeissler3990 6 ปีที่แล้ว +382

    Monaco is also a largely known F1 area. F1 brings in a lot of money for Monaco

    • @nikoesperc9913
      @nikoesperc9913 5 ปีที่แล้ว +17

      Alex Geissler yea it’s actally the only track ever to get PAID to host a gp all the other gp’s are paying to host it

    • @crae_zi4543
      @crae_zi4543 5 ปีที่แล้ว +5

      and the Monte Carlo Country Club (where there is the tennis tournament)

    • @osiris6883
      @osiris6883 5 ปีที่แล้ว +1

      I pay 0.05$ every time i blink

    • @nikoesperc9913
      @nikoesperc9913 5 ปีที่แล้ว

      @@osiris6883 why tho? lol

    • @osiris6883
      @osiris6883 5 ปีที่แล้ว

      Niko Esper C it was a joke

  • @monks311
    @monks311 6 ปีที่แล้ว +648

    One day I'll go to monaco. Just to watch the Grand Prix.

    • @MuppetNLL
      @MuppetNLL 6 ปีที่แล้ว +50

      No don't! Go to Monaco when the tourists aren't there, when the grand prix isn't there.
      Go to Monaco in October or March/April. The weather is nice and the atmosphere is amazing!
      Have a drink and a meal at Cafe de Paris, than go to the casino.
      You will notice people are amazing and friendly! Honestly, only decent people live there and no anti social bastards are there.
      I have been there and i loved it.
      P.s. the public pool costs something like 3 euro's per day and it's directly next to the world famous harbor, pretty nice!

    • @rafkasumov1727
      @rafkasumov1727 6 ปีที่แล้ว +10

      hey I live there during the grand prix its mayhem got in march.

    • @MK-ql8df
      @MK-ql8df 6 ปีที่แล้ว +4

      I went to Monaco GP, not worth it, the city is unbelievably crowded.

    • @DineshKumar1512dk
      @DineshKumar1512dk 5 ปีที่แล้ว +5

      Worst track of f1 . No overtaking at all

    • @alexv1872
      @alexv1872 5 ปีที่แล้ว +3

      @@jeajinshin6126 you can't see anything there are no overtakes and city is filled with tourists. It's smarter to go to the italian/austrian/belgian GP

  • @zmaxii1337
    @zmaxii1337 6 ปีที่แล้ว +162

    i was in Monaco once and its just crazy... seeing all these Rolls Royce, Ferrari's, Lamborghni's etc. And i didnt even mentioned the yachts laying around in the port.

    • @nikoesperc9913
      @nikoesperc9913 5 ปีที่แล้ว +3

      zMaXii ツ you should try Living there it’s amazing to wake up to the ocean view and the yachts

    • @nikoesperc9913
      @nikoesperc9913 4 ปีที่แล้ว +3

      @The BlackMace i dont assume everyone has money, im not even rich... my grandfather and grandmother just bought an apartment in monaco before the boom happend so yes they are rich now but we are not..

    • @bobanation6917
      @bobanation6917 3 ปีที่แล้ว +1

      Ty for visiting our country! I hope enjoyed ur visit!

    • @bobanation6917
      @bobanation6917 3 ปีที่แล้ว +1

      @9 M Somesh nayak lol don’t rub it in

    • @ikmal63h17
      @ikmal63h17 3 ปีที่แล้ว

      I love to visit Monaco when Covid things over

  • @DankMatter
    @DankMatter 6 ปีที่แล้ว +1450

    I mean Monaco has "mon" in their name and you know what else has "mon"? Money

    • @Versaucey
      @Versaucey 6 ปีที่แล้ว +24

      no heck you

    • @sillyslayer_
      @sillyslayer_ 6 ปีที่แล้ว +33

      Monika

    • @Ju-lj5ff
      @Ju-lj5ff 6 ปีที่แล้ว +10

      They call it argent not money 🤷‍♀️

    • @safron2442
      @safron2442 6 ปีที่แล้ว +23

      *_PokéMON_*

    • @khizaryousuf4243
      @khizaryousuf4243 6 ปีที่แล้ว +10

      Coincidence? I think not!

  • @radoslavstefanov5357
    @radoslavstefanov5357 6 ปีที่แล้ว +148

    I’ve been to Monaco and I can tell that, really, people not only dress like being rich, their usual behaviour shows that they really are! It’s an amazing place with lots of yachts and I was there just before the Grand Prix 2018 and I could imagine the whole experience of watching live the race, while the rest of the world is behind the screens. It’s a place to dream and aim to live in, that’s where the proper high-life people like to spend their time.

    • @rickycastillo7461
      @rickycastillo7461 4 ปีที่แล้ว +6

      Wow

    • @lilyrose45678
      @lilyrose45678 2 ปีที่แล้ว +1

      well considering i live in monaco and have now for 9 years, people don’t love it here and most people leave for the grand prix as a resident cuase it’s awful for the noise and set up of it. as well monaco is small so there isn’t much to do locally

    • @musashi5167
      @musashi5167 2 ปีที่แล้ว +2

      @@lilyrose45678 are you also rich?

    • @fbiagent6744
      @fbiagent6744 2 ปีที่แล้ว +1

      @@musashi5167 probably

  • @just-a-silly-goofy-guy
    @just-a-silly-goofy-guy 6 ปีที่แล้ว +835

    Because they trade in illegal memes

  • @IsaacLouisDV
    @IsaacLouisDV 5 ปีที่แล้ว +148

    I live in Monaco and here is a quote from my dad. « If you live in Monaco, it’s because you either have money, or you take care of other people’s money. » Both my parents are accountants and I can tell you, we DO NOT have 1.7 million euro.
    EDIT: Coming back to this comment after 3 years and I have to admit I was wrong, my parents just hid how much money we had from me so I wouldn’t grow up to be a stuck up, pretentious rich kid probably 😂😂 We probably do have 1.7 million euro.

    • @SuperPrem
      @SuperPrem 2 ปีที่แล้ว +3

      valid.

    • @rileytavares4087
      @rileytavares4087 2 ปีที่แล้ว +1

      Hm, a million at least 🤔

    • @idanesukamusik
      @idanesukamusik 2 ปีที่แล้ว +2

      It's net worth not a liquid money you must understand house in Monaco is more expensive than other country

    • @Xəeroh
      @Xəeroh 2 ปีที่แล้ว +1

      Finally found a Monacan 🇲🇨

    • @IsaacLouisDV
      @IsaacLouisDV 2 ปีที่แล้ว +2

      @@Xəeroh It’s actually monégasque :) and I’m not a Monaco national, my parents immigrated here, I’m Irish/British

  • @leotac5737
    @leotac5737 6 ปีที่แล้ว +46

    I’ve been to Monaco because I have huge interest in supercars so naturally, I stopped in Monaco on my weekend trip to Cannes to record some content of crazy cars over there. Not to mention there was a McLaren 720S and a Ferrari California inside a garage full of ambulance cars.

    • @bozhidardimitrov3573
      @bozhidardimitrov3573 6 ปีที่แล้ว +1

      these are for very severe cases

    • @rickycastillo7461
      @rickycastillo7461 4 ปีที่แล้ว

      So thats why monaco

    • @ikmal63h17
      @ikmal63h17 3 ปีที่แล้ว

      One of the reason I want to go to Monaco

    • @WEAREDONE123
      @WEAREDONE123 3 ปีที่แล้ว +1

      If you think that's cool, you should check out the monaco grand prix. The cars are way crazier than usual supercars

  • @jacobmeade1045
    @jacobmeade1045 6 ปีที่แล้ว +80

    Why is the infographics show so interesting, that is the true question

  • @visigoth3696
    @visigoth3696 6 ปีที่แล้ว +27

    Smaller countries are way easier to run than big ones like USA and Russia

  • @jpberner4266
    @jpberner4266 5 ปีที่แล้ว +17

    I’ve visited Monaco and it’s the coolest thing I’ve ever seen. The crappiest car I ever saw was a Range Rover, and the yachts in the water are breathtaking. It’s super cool to see how the streets are always set up with the track for the Grand Prix

  • @sarveshbode5827
    @sarveshbode5827 6 ปีที่แล้ว +18

    Monaco Grand Prix played an important part as well 🏁

  • @mingxuanbenedictteo8487
    @mingxuanbenedictteo8487 5 ปีที่แล้ว +59

    Fun fact : fighter jets cross the whole of Singapore in less than a minute

  • @annefonseca3681
    @annefonseca3681 4 ปีที่แล้ว +34

    I went to Monaco during my visit to Nice- France last year. You can drive from point A to B in minutes. It’s tiny.
    Impressions...
    * Beautiful
    * luxurious
    * Tourists grouped in front of the cassino
    * Sharp dressed people left and right
    * Fancy cars
    * Too many Yachts by the marina
    * Rich middle aged men coupled up with younger women
    Unless you come from money you can feel very out of place... yes the place is utterly ostentatious and.. that’s the appeal.
    It felt like stepping straight into a movie where the rich and famous are the main characters. Picture “Great Gatsby kind of people” for a second. Yeah.. Interesting experience to say the least.

  • @TravelHere
    @TravelHere 5 ปีที่แล้ว +26

    I hope to visit Monaco one day.
    Looks like a really cool place to hang around, even if you haven't a lot of money you can just watch all the wealthy things around you.

    • @JIeryxa
      @JIeryxa 5 ปีที่แล้ว +3

      I was there on excursion. It's really another world. I had a feeling that it was like a heaven on the earth.

  • @eternalmk3642
    @eternalmk3642 6 ปีที่แล้ว +34

    No Income tax!!!!🤔
    Thus it attract Millionaires and Billionaire

  • @otbirkeland
    @otbirkeland 5 ปีที่แล้ว +46

    Nobody going to mention those two guys at 2:33 doing the most awkward handshake I’ve seen?

  • @juliuseke27
    @juliuseke27 5 ปีที่แล้ว +18

    Who would have thought lower taxes attracts people, businesses and wealth

    • @ELSHELL
      @ELSHELL 5 ปีที่แล้ว +2

      Why don't you go live in Monaco?

  • @wildpear4181
    @wildpear4181 6 ปีที่แล้ว +207

    Probably cause they don't get taxed on everything they do...

    • @AnOverratedMon
      @AnOverratedMon 6 ปีที่แล้ว +53

      I get taxed for breathing

    • @josem588
      @josem588 8 หลายเดือนก่อน

      @@AnOverratedMon is because us government needs money to do pointless wars

  • @OriaXu
    @OriaXu 6 ปีที่แล้ว +21

    Here in Luxembourg it's all the banks and businesses like Ebay, Amazon, Paypal, etc having their main offices in Lux, since we give them very very low taxation.
    Normal people, are not that rich, we do earn more than workers in neighboring countries like Germany, France and Belgium, but we (normal people) are not rich, sadly.

    • @yariss2372
      @yariss2372 4 ปีที่แล้ว +2

      We have a post adress in lux (we are from Belgium) to dodge the taxes on our RS6. We save well over 7k a year on that alone. Taxes are just a clever way from the government to feast on the people who cant afford to dodge it.

  • @Mads_Vel
    @Mads_Vel 6 ปีที่แล้ว +8

    Me and my family visited Nice around when the terrorist attack happened, and we took a day trip into Monaco, and it was so cool! Beautiful place, rows with huge yachts, large casinos, nice weather. Stopped and looked inside a real estate business, and properties cost around $22,000,000.

  • @christopherowen4632
    @christopherowen4632 5 ปีที่แล้ว +621

    You don't know why I have so many likes dont you?

  • @Whatrudoing__
    @Whatrudoing__ 6 ปีที่แล้ว +9

    I went to Monaco last 2 years ago, great place and I like the gelato near the palace. I recommend visiting Monaco because it is worth it.

    • @fototoestelletje
      @fototoestelletje 3 ปีที่แล้ว

      XYD = Monaco
      At least XYD ain‘t islamophobic and perverted like France

  • @jeffreywilliams13
    @jeffreywilliams13 6 ปีที่แล้ว +7

    Just for your information Monaco has no airport, only a couple of helipads, so you cannot fly into Monaco you would have to fly into Cote d'Azur Airport, France then make your way over to Monaco.

  • @aRVeesBlog
    @aRVeesBlog 5 ปีที่แล้ว +10

    Amazing how a country this small is so rich. Thanks for the video, very informative 😮

  • @lukaswask
    @lukaswask 5 ปีที่แล้ว +27

    I have been to Monaco. And I can say it is not for my wallet, but yeah it is very beautiful and luxurious:)

  • @alekkrubired6842
    @alekkrubired6842 5 ปีที่แล้ว +12

    I've been there and it's one of the most beautiful places I visited

  • @CorporateJetpilot
    @CorporateJetpilot 5 ปีที่แล้ว +8

    I love Monaco. It is truly the most beautiful country I have ever been too and who does and doesn’t have money shows. A Mercedes is equivalent to a Toyota their as everyone drives Bentley, rolls Royce, or some sort of exotic. Really really clean and nice

    • @Jay-jq6bl
      @Jay-jq6bl 5 ปีที่แล้ว

      Really a shame not to see it coming out from the train station though.

  • @gontrandjojo9747
    @gontrandjojo9747 3 ปีที่แล้ว +4

    French people are the only one that have to pay taxes in Monaco (tha same rate they would pay in France). France forced Monaco to make French residents pay taxes to avoid tax evasion there.

  • @HistoryHouseProductions
    @HistoryHouseProductions 6 ปีที่แล้ว +5

    You guys must have a pretty big team to be able to put out so many videos.

  • @kokile
    @kokile 4 ปีที่แล้ว +2

    I live in Singapore,well done Monaco 🇲🇨

  • @amandacharlie6520
    @amandacharlie6520 4 ปีที่แล้ว +3

    I genuinely love Monaco.

  • @JTdogzone666
    @JTdogzone666 5 ปีที่แล้ว +3

    I went to Monaco this summer. Filled with expensive cars and located on a cool terrain. But, not worth the visit unless you’re near-by visiting somewhere else.

  • @Saltynutz333
    @Saltynutz333 6 ปีที่แล้ว +6

    Hello guys, from Monaco. ✌️🎉😋 I’m so poor, I feel rich...

  • @markworrall6652
    @markworrall6652 3 ปีที่แล้ว +1

    My sis is in Monaco and she looks really happy there

  • @gordonduffyjr1776
    @gordonduffyjr1776 6 ปีที่แล้ว +91

    u2 is an IRISH band NOT from the UK

    • @boondocksaints2011
      @boondocksaints2011 6 ปีที่แล้ว +11

      Gordon Duffyjr U2 are from Mexico gets your facts right.

    • @doctorlighthouse2589
      @doctorlighthouse2589 6 ปีที่แล้ว +10

      No, they are from China get your facts straight.

    • @markmuldoon7044
      @markmuldoon7044 6 ปีที่แล้ว +6

      Lads you're all idiots. U2 are from jupiter

    • @adidasaddict2023
      @adidasaddict2023 5 ปีที่แล้ว

      No no yous are all wrong irs the moon

    • @Emilio-wb7lu
      @Emilio-wb7lu 5 ปีที่แล้ว

      Since when Ireland is not a part of United Kingdom? Don't mistake England with whole kingdom.

  • @dexterlina5735
    @dexterlina5735 5 ปีที่แล้ว +7

    I was there in January 2019. Incredible beauty. Love Monaco 🇲🇨 ♥️

  • @David-nc9it
    @David-nc9it 5 ปีที่แล้ว +4

    Well my grandmother lives there and she is quite wealthy but my parents are very modest and left Monaco to live in Italy

    • @sajeeusajje4168
      @sajeeusajje4168 5 ปีที่แล้ว +2

      Give me $1,000,000 so I can go back to my country. Also I am a prince from Nigeria

  • @HonJazzz
    @HonJazzz 2 ปีที่แล้ว +1

    I’d love to see an F1 race there.

  • @beardedpanda5086
    @beardedpanda5086 5 ปีที่แล้ว +3

    I think the Monegasque citizens get housing subsidized.
    And Monaco is a gorgeous place. I walked around most of it.

    • @poil0culs522
      @poil0culs522 5 ปีที่แล้ว +3

      Chris K Monegasque citizens get housing aid called ANL (Aide national au logement) as long as you’re not married. They also get MUCH cheaper housing whereas foreigners have to pay millions for apartments a monégasque would pay 200k-600k for.

  • @maestrulgamer9695
    @maestrulgamer9695 3 ปีที่แล้ว +2

    Monaco isn't a true country,just an exclusive club for the rich and their workers!

  • @about19wookiees14
    @about19wookiees14 5 ปีที่แล้ว +14

    Lewis Hamilton just lives there to practice for the Grand Prix 😂

    • @veganpiranha3302
      @veganpiranha3302 5 ปีที่แล้ว +2

      Super Fast Shaw Hahaha definitely for the tax. The tax man in the UK does sleep

  • @jimboland4161
    @jimboland4161 5 ปีที่แล้ว +2

    I would rather own a home in either St. Thomas or the Bahamas. I love the sunshine and the sense of community.

    • @shauncameron8390
      @shauncameron8390 3 ปีที่แล้ว

      Not me. I would not want to live in a disaster-prone locale.

  • @Aexception
    @Aexception 5 ปีที่แล้ว +93

    I’ve been in Monaco , it’s really nice but I wouldn’t live there and I come from an average family so im not rich or owt 😂😂😂😂😂😂

    • @sahirarodriguez9782
      @sahirarodriguez9782 5 ปีที่แล้ว +1

      Aexception how come ??? Im curious.

    • @rajmondduli2209
      @rajmondduli2209 5 ปีที่แล้ว +7

      @@sahirarodriguez9782 he probably lives in Europe like Italy or France or another country in Europe and that is how he could go. U can go anywhere in Europe if u r European. It is really accessible.

    • @Aexception
      @Aexception 5 ปีที่แล้ว +1

      Sahira Rodriguez Went to France for Holiday and my dad was like , lets go Monaco , and thats how i ended up there

    • @Aexception
      @Aexception 5 ปีที่แล้ว +1

      rajmond duli yep but I live in UK so it was a bit of a drive 😂😂😂😂

    • @crae_zi4543
      @crae_zi4543 5 ปีที่แล้ว +2

      I live there but I'm not rich at all

  • @MrAndrea0104
    @MrAndrea0104 6 ปีที่แล้ว +1

    Yesss an episode on my country 🎊 so cool guys!!! Keep up the great vids ✌

  • @Versaucey
    @Versaucey 6 ปีที่แล้ว +104

    But do they have more robux than me? I guess not 😎

    • @Dragonman6897
      @Dragonman6897 6 ปีที่แล้ว +4

      They can buy more Robux than you

    • @egz3637
      @egz3637 6 ปีที่แล้ว +10

      @@Dragonman6897
      r/woosh

    • @human_bing
      @human_bing 6 ปีที่แล้ว +1

      @@egz3637 r/woosh

    • @kaley3729
      @kaley3729 6 ปีที่แล้ว +1

      r/woosh

    • @destinyelle7120
      @destinyelle7120 6 ปีที่แล้ว +2

      Bruh roblox turned into shit💀, it was a lot better in 2011

  • @leonardmaranan1838
    @leonardmaranan1838 5 ปีที่แล้ว +2

    Monaco is rich because they attract rich people. If the people of the country are rich, the country is also rich. That's a no brainer and Dubai did it too. They attract rich folks. And they did it by getting friendly to their sources of income, their businesses. Because if they don't do it, how do they get rich? They don't have natural resources (Dubai has few oil). Just think of it, how a dessert state/emirate like Dubai without much oil get wealthy within the past 20-30years? They attract the "already rich people" from other country so that they come flocking with their money. Example of what they did: give free land for anyone who starts a business, without much taxes to take care of. That made Dubai rich in just 20 years, which is very similar to what Monaco did, from being one of the poorest faces of Europe to the land of the rich.

  • @augustav9334
    @augustav9334 5 ปีที่แล้ว +3

    When I was in Monaco, it was VERY clean and a very beautiful place but I heard that if u live there and don't own a yacht then ur poor

    • @eleanora64
      @eleanora64 3 ปีที่แล้ว +1

      not true, Ive lived there for 10 years and I was never considered "poor" for not having a yacht.

  • @avishekdutta3310
    @avishekdutta3310 6 ปีที่แล้ว +3

    2:37 Princes Caroline!!! The cat from "Bow Jack horsman"

  • @Bassquake76
    @Bassquake76 6 ปีที่แล้ว +3

    How do they pay for infrastructure like policing and public road works? Do they pay a different tax?

  • @xsbv
    @xsbv 3 ปีที่แล้ว +1

    Monaco looks like a GTA Online lobby. Sports Cars everywhere, Billionaires...

  • @thaime6132
    @thaime6132 5 ปีที่แล้ว +11

    Etymology : Mono (only one) + oikos (house) = Monoikos - Monaco 🇲🇨
    Oikos = eco+nemo=economy (house+manage)
    Ikea=oikia (the store all about the house)
    Ecology
    Ecosystem
    Etc...
    On the 6th century Phoceans Greeks discover Monaco and they built the first temple of Hercules that’s why the port call Hercules.
    All South France were Greek colonies :
    Massalia = Marseille
    Agathi = Agde
    Antipolis=Antibes
    Avenion=Avignon
    Egithna=Cannes
    Ieropolis=Hyeres
    Nikaia=Nice
    Nim=Nimes
    Athinopolis=Saint Tropez
    And more...

  • @daviderinforth4445
    @daviderinforth4445 6 ปีที่แล้ว +2

    Very many small countries tend to govern themselves a lot better than larger ones.

  • @ayoubmezoury4134
    @ayoubmezoury4134 6 ปีที่แล้ว +3

    When people think of Monaco, wealth, fast cars and casinos come to mind.
    one in three are millionaires, It has the highest per capita GDP in the world.
    So how did this happen?
    The big draw is tax. The principality scrapped income taxes back in 1869, and other tax rates for companies and individuals are exceptionally low. The prospect of keeping hold of most of their wealth has attracted people from over 100 nations.
    In addition to tax benefits, the rich also like Monaco for its lifestyle.

  • @MK_1991
    @MK_1991 5 ปีที่แล้ว +2

    Fun fact Bono and U2 are an Irish band from the island of Ireland. Not British.

    • @seanthebeure
      @seanthebeure 5 ปีที่แล้ว +1

      Michael Keating, I had to rewind it twice to make sure that I heard it right 😂😂 glad someone commented

  • @paulfitz4861
    @paulfitz4861 5 ปีที่แล้ว +6

    Bono is Irish not British we didn't fight for 800 years just for our people to labled British.

  • @Baxos04100
    @Baxos04100 4 ปีที่แล้ว +1

    I am currently working in Monaco and trust me, it is far to be enough to get the residency !

  • @luc.mp4
    @luc.mp4 3 ปีที่แล้ว +3

    I went to monaco recently and was very surprised to see such opulence but the main thing that surprised me was that i many of the streets in the city smelt like urine and human excrament even in some of the very wealthy street

  • @johnsteytler3597
    @johnsteytler3597 5 ปีที่แล้ว

    The whole of Singapore subscribed to the info graphic show

  • @aru2577
    @aru2577 5 ปีที่แล้ว +8

    I Destroyed Monaco In Civilization V

  • @Sewardproductions
    @Sewardproductions 3 ปีที่แล้ว +2

    Im pretty sure that Charles the third was the prince during that time and was considered the founder of Monte-Carlo casino, also I might be wrong but the only princess Caroline I can find for the house of Grimaldi was born in 1957.

  • @Enover5
    @Enover5 6 ปีที่แล้ว +75

    Watching in my bed, in Monaco.

    • @nadia.h8030
      @nadia.h8030 6 ปีที่แล้ว +1

      What time is it!

    • @sephysycotic
      @sephysycotic 6 ปีที่แล้ว +8

      Are u rich??....like super rich??.do u drive lambo?..u don't work??dated with super model??

    • @Enover5
      @Enover5 6 ปีที่แล้ว +27

      @@sephysycotic Not one you mean. The truth is in Monaco there is only like 10 % of the actual population that are most likely all of the above (except these are the ones who once worked twice the average), earned a ton of money and have decided to live what remains ahead of them the best they can. But for the 90% left we are (I'm part of them) what would be called in the neighbouring country some middle to upper middle classes. Though we work harder than in France (average is 40 hours), we do it for a very nice salary. We 90% actually live in Monaco not so much for the financial laws, but far more for the infrastructures built there, that are of far superior quality than the ones in France, or Italy.

    • @Enover5
      @Enover5 6 ปีที่แล้ว +4

      @@nadia.h8030 'Twas 11pm when I got the notification for the actual video.

    • @zwagig1761
      @zwagig1761 6 ปีที่แล้ว +2

      Bless you, hope you have a good life.

  • @チャーリーブラウン-w8l
    @チャーリーブラウン-w8l 4 ปีที่แล้ว +1

    Everyone gets mad at people who don't pay taxes because they can't do it.
    It's the truth

  • @MrPBBz
    @MrPBBz 5 ปีที่แล้ว +3

    U2 aren’t British, they’re Irish.
    Never thought I’d want to claim U2 as our own but it’s annoying that most people call Irish people British when they’re the furthest thing.

    • @eduardof7322
      @eduardof7322 5 ปีที่แล้ว +1

      Lol, I've heard that most people in Ireland don't like U2 and overall Bono. I can see with your comment that this is more or less true haha

    • @joshdahlgren3976
      @joshdahlgren3976 5 ปีที่แล้ว

      He should have said United Kingdom. It’s a close enough distinction, though I know the history will say different for any Irish person. 😂

  • @sskalimul8105
    @sskalimul8105 6 ปีที่แล้ว

    tnx for your useful video and useful info...

  • @JSM270
    @JSM270 6 ปีที่แล้ว +5

    I was there a couple of years ago. It's pretty spectacular. 15 minute train ride from Nice. If I wanted to avoid tax, I would simply buy the cheapest apartment possible and rent it out for the grand prix. List it as my 'primary residence', while actually just living in Nice.

  • @udaydabas3337
    @udaydabas3337 3 ปีที่แล้ว +1

    Mate half the reason is the monaco GP as well, there is a reason why nearly all F1 drivers live there.

  • @mrnobody6322
    @mrnobody6322 5 ปีที่แล้ว +10

    Haas driver Lewis Hamilton?😂

    • @kerimca98
      @kerimca98 4 ปีที่แล้ว

      'Ace driver" he said (subtitles)

  • @CharmeilouSantacruz
    @CharmeilouSantacruz 4 หลายเดือนก่อน

    All i can say was woww😮how i wish I can go there 😊from Philippines 🇵🇭 ❤

  • @HarrySmart
    @HarrySmart 5 ปีที่แล้ว +4

    You say “Monaco” as if you’re sounding Monica from friends

  • @Syhxvd
    @Syhxvd 3 ปีที่แล้ว +1

    I played Bitlife lived in Monaco and eventually married into the royal family

  • @ewc58
    @ewc58 6 ปีที่แล้ว +3

    Monaco is and always has been a key stronghold in the global heroin trade. Like Marseille without the taxes. Any reason you didn’t mention that in this examination of its unlikely wealth Sparky?

  • @lindanorris3226
    @lindanorris3226 3 ปีที่แล้ว

    THANK YOU SO MUCH FOR SHARING US 💙💫🌎

  • @aidanelder67
    @aidanelder67 6 ปีที่แล้ว +9

    It’s incredibly disappointing that in a video about a small nation and its sovereignty in relation to a bigger, formerly imperial neighbour, you label Irish band U2 as British. They are very different nations and it’s sadly ironic that the error happened in this video.

  • @magnusboucher367
    @magnusboucher367 6 ปีที่แล้ว +1

    The perfect place for car lovers ❤️

  • @WSB1469
    @WSB1469 6 ปีที่แล้ว +14

    I miss the old narrator...

  • @eerik253
    @eerik253 6 ปีที่แล้ว

    Hey love this channel

  • @liampeoples8290
    @liampeoples8290 5 ปีที่แล้ว +6

    Bono isn’t British he’s Irish and from Dublin

  • @Sports4kLive
    @Sports4kLive 5 ปีที่แล้ว +1

    im going to Monaco to try to find a rich bride, wish me luck guys

  • @MikeStillUK
    @MikeStillUK 5 ปีที่แล้ว +31

    *squared kilometres - very different to kilometres squared. Be careful next time.

    • @johannes7434
      @johannes7434 5 ปีที่แล้ว +1

      Uhm no it's not

    • @yoshi2413
      @yoshi2413 5 ปีที่แล้ว +1

      You are wrong sir

    • @Rang15
      @Rang15 5 ปีที่แล้ว +1

      youre Wrooooooong

    • @jessebean13
      @jessebean13 4 ปีที่แล้ว

      It would be Square Km.

  • @argosron9838
    @argosron9838 3 ปีที่แล้ว +1

    My last Bentley was from Monaco, my grandfather lived there for a while, and I would like to live there too.

  • @MightyFish75
    @MightyFish75 6 ปีที่แล้ว +5

    Monaco is the most fanciest place I had ever been. I felt out of place being there. The Monte Carlo Racetrack was the highlight of my visit.

  • @hello40169
    @hello40169 6 ปีที่แล้ว +2

    Now I understand why Jon Olson said his new apartment is cheap

  • @thetinymoth
    @thetinymoth 5 ปีที่แล้ว +3

    why is this in my recommend I live like 10min away from monaco

  • @Cman7real
    @Cman7real 3 ปีที่แล้ว +2

    The county that’s just a big race track

  • @mudzibaba
    @mudzibaba 5 ปีที่แล้ว +15

    Wow I'm impressed by her genius, opening casino? Who ever made money on gamblers before?

  • @srdjandjuric8708
    @srdjandjuric8708 6 ปีที่แล้ว

    I been in Monaco yesterday!

  • @smeagol125
    @smeagol125 6 ปีที่แล้ว +10

    Bono is Irish not British

    • @Aspromuntanu
      @Aspromuntanu 6 ปีที่แล้ว

      Mi Mu sonny bono ? No he’s italian

  • @mirofunof5548
    @mirofunof5548 5 ปีที่แล้ว

    I used to live in monaco for 6 years, it’s a great city

  • @harryf5209
    @harryf5209 5 ปีที่แล้ว +8

    Bono is IRISH, NOT from the UK smh

    • @hr2883
      @hr2883 5 ปีที่แล้ว +1

      Harry F same thing

    • @harryf5209
      @harryf5209 5 ปีที่แล้ว

      @@hr2883 educate yourself kid, far from the same thing you fool

    • @lorddrac_dontaskmetodance
      @lorddrac_dontaskmetodance 4 ปีที่แล้ว

      @@harryf5209 The UK is several countries; England, Ireland, Scotland, and Wales. How they want to represent themselves (Irish or UK) is completely up to them, because it doesn't matter at that point.

  • @VinyZikss
    @VinyZikss 6 ปีที่แล้ว +2

    U2 (and Bono...) is an irish band

  • @2fast4me9
    @2fast4me9 6 ปีที่แล้ว +4

    Ive been there with school a couple years back to visit for half a day. Two friends of mine and me got hungry while exploring the city so we decided to find something to eat. After looking for half an hour for something affordable to eat Ive asked a random guy on the street if he knew where a McDonalds or anything like it was. He looked at us and said "Why would you go to McDonalds? Just go to a restaurant and have a proper meal and some wine ." I looked at him and made a downward motion with my hands to show him my 2€ sunglasses combined with my H&M outfit. He liftet his sunglasses a bit from his nose, only said "Oh." and walked away to his bugatti which was only a few meters further.
    We ended up in a restaurant sharing a pizza bianco (no sauce only cheese) and one bottle of still water. We paid 45€ for that.
    So monacco 1/10 if you aren't rich.

    • @thomas41000
      @thomas41000 5 ปีที่แล้ว

      SchnurStraX 😂 we have supermarkets and 2 Mc Donalds man, restaurants with 12$ pizzas, plenty of “cheap” options to eat

    • @ikmal63h17
      @ikmal63h17 3 ปีที่แล้ว

      That's rude for people that own a Bugatti.I think you just need to explore the place more because there is some affordable food too in Monaco

    • @Carolinapetroska
      @Carolinapetroska ปีที่แล้ว

      Why would you go to Monaco to go to MacDonald. It doesn't make sense. You could have just bought a sandwich for 4.50 Euros

  • @AlyNichelle
    @AlyNichelle 6 ปีที่แล้ว

    All I could think of was Jon Olsson & Janni Olsson Deler! They live in Monaco & they do vlogs. Definitely a dream life.

  • @autrecompte9399
    @autrecompte9399 6 ปีที่แล้ว +10

    I have already been to Monaco, everything is expensive even toilet paper

    • @victoralejandrotrimmerestr3672
      @victoralejandrotrimmerestr3672 6 ปีที่แล้ว

      but people there are rich so doesnt mattee

    • @ragvirsinghhothi8848
      @ragvirsinghhothi8848 6 ปีที่แล้ว +3

      Think about it... if you got rich but everything else goes up in proportion your not really rich.... like u got a million dollars but all prices go 10x..... a 130 dollar pizza.....yea

    • @thomas41000
      @thomas41000 5 ปีที่แล้ว

      Boston Reed man just go to the supermarket like everyone does and you ll have the same items as in every other supermarket for roughly the same price XD

  • @rajeshagarwal3278
    @rajeshagarwal3278 6 ปีที่แล้ว

    I AM FROM MONACO..THANKS FOR MAKING A VEDIO ON US....

  • @FinanceDreaming
    @FinanceDreaming 6 ปีที่แล้ว +3

    Someone explain why there are two narrators now

    • @RedLeader327
      @RedLeader327 6 ปีที่แล้ว +3

      So the main guy can take a day off.

  • @TriviaNight
    @TriviaNight 5 ปีที่แล้ว +1

    I would love to visit there some day.