Monaco The Richest Country In The World [Travel Vlog 53] 摩纳哥世界上最富有的国家

I have been hearing for many times. Monaco is the riches country in the world. It was because Monaco’s population is one of the wealthiest in the world. An estimated one-third of residents are millionaires, and the GDP per capita is $165,420 — the second-highest in the world. 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.

Please take note the tax free is for the income tax and not the sales tax. That is why when we have roam through the cities shops, the price was not cheaper than other places. In addition to tax benefits, the rich also like Monaco for its lifestyle. The combination of balmy weather all year round, political stability, and a calendar packed with high profile events such as the Grand Prix, has proven particularly attractive.

Monaco is also easily accessible via Nice airport, a short hop across the border in France. There were one of the Hermes bags was named after a princess who has been married to their prince too. This trip was an eye opener on how the rich spends their money and run away from paying taxes. Is with these kinds of countries the rich wold gets richer by transferring all their earnings into these countries and enjoy income tax free heaven.

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