Monaco 4K – French Riviera – Morning Drive

Morning weekday drive around a busy Monaco. On the French Riviera. On the Mediterranean coast of southeastern France (Côte d’Azur). Monaco is the Billionaires’ Playground on the French Riviera. Known for the Formula One Monaco Grand Prix, Monaco Yacht Show, the Monte Carlo Casino, a poverty rate of zero, the highest average life expectancy in the world at 85.8 years, and being widely recognized for being one of the most expensive and wealthiest places in the world, etc.

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Monaco, officially the Principality of Monaco (French: Principauté de Monaco), is a sovereign city-state and microstate on the French Riviera close to the Italian region of Liguria, in Western Europe. It is bordered by France to the north, east and west, and the Mediterranean Sea to the south. The principality is home to 38,682 residents, of whom 9,486 are Monégasque nationals; it is widely recognised for being one of the most expensive and wealthiest places in the world. The official language is French, although Monégasque (a dialect of Ligurian), Italian and English are spoken and understood by a sizeable group.

With an area of 2.1 km2 (0.81 sq mi), it is the second smallest sovereign state in the world, after Vatican City. Its 19,009 inhabitants per square kilometre (49,230/sq mi) make it the most densely-populated sovereign state in the world. Monaco has a land border of 5.47 km (3.40 mi) and the world’s shortest coastline of approximately 3.83 km (2.38 mi); it has a width that varies between 1,700 and 349 m (5,577 and 1,145 ft).

Economic development was spurred in the late 19th century with the opening of the state’s first casino, the Monte Carlo Casino, as well as a railway connection to Paris. Since then, Monaco’s mild climate, scenery and gambling facilities have contributed to the principality’s status as a tourist destination and recreation centre for the rich. In more recent years, Monaco has become a major banking centre and has sought to diversify its economy into the services sector and small, high-value-added, non-polluting industries. The state has no income tax, low business taxes and is well known for being a tax haven. Over 30% of the resident population are millionaires, with real estate prices reaching €100,000 ($142,000) per square metre in 2018. Monaco is not formally a part of the European Union (EU), but it participates in certain EU policies, including customs and border controls. Through its relationship with France, Monaco uses the euro as its sole currency; prior to this it used the Monégasque franc. Monaco joined the Council of Europe in 2004 and is a member of the Organisation internationale de la Francophonie (OIF). It is also the host of the annual street circuit motor race Monaco Grand Prix, one of the original Grands Prix of Formula One. The principality has a club football team, AS Monaco, who compete in the French Ligue 1 and have become French champions on multiple occasions. A centre of research into marine conservation, Monaco is home to one of the world’s first protected marine habitats, an Oceanographic Museum and the International Atomic Energy Agency Environment Labs, which is the only marine laboratory in the United Nations structure.

https://en.wikipedia.org/wiki/Monaco