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Why is Monaco rich?
Monaco is rich because of gambling, tourism and banking.

Monaco has famous casinos, famous tennis open, Formula One car races, medieval streets and palaces, luxury hotels, tropical botanical gardens and marine museums, all of which have made this small country a hot spot in the world and greatly attracted tourists.

The Mozambican government is still a country that does not levy personal income tax to attract immigrants.

Extended data

The Principality of Monaco (French: Principauté The Monaco, English: The Principality of Monaco), referred to as Monaco for short, is a city-state located in Europe, one of the four major principalities in Europe (the other three are Liechtenstein, Luxembourg and Andorra) and the second smallest country in the world (the smallest is the Vatican), with a total area of 2.02 square kilometers.

Monaco, located in the south of France, is one of the rare "China", which is surrounded by France on three sides except the southern Mediterranean coastline. Monaco is mainly composed of the old city of Monaco and its surrounding areas.

As one of the most densely populated countries in the world, Monaco is also a typical micro-country.

The early Phoenicians built castles here. From 65438 to 0297, it was ruled by grimaldi family. 1338 became an independent principality. 1525 is protected by Spain. 1793 is protected by France. 186 1 year independence.

Monaco is a highly developed capitalist country with extremely rich citizens and one of the countries with the highest per capita income in the world. Monaco's economy is developed, mainly in gambling, tourism and banking. The Principality has achieved success in diversified management of service industry and small, high value-added and pollution-free industries.

Monaco economy

Monaco has a small territory and is short of natural resources. Since the 1950s, the Mozambican government has adopted a diversified, high value-added and pollution-free economic development policy, actively promoted the all-round development of the tertiary industry and made remarkable achievements.

Among them, the development of financial industry is the most prominent. In addition to domestic banks, many world-famous banks have branches in Mozambique. Moldova has developed rapidly in real estate, advertising, insurance, consulting, trade, service industry and other fields. Mozambique has a small number of industries, mainly chemicals, medicines and cosmetics.

Monaco's annual international car "F 1 (first-order equation)" Grand Prix is famous all over the world. Monaco is a famous tourist destination in Europe.

In 20 16, Monaco's GDP was 5.85 billion euros, up 3.2% year-on-year. Mozambique's national economic statistics are also accustomed to using the concept of "national economic turnover".

In 20 17, Mozambique's national economic turnover was 65.438+0.363 billion euros, up by 4.2% year-on-year, including 4.65 billion euros in wholesale industry, 65.438+0.44 billion euros in retail industry, 670 million euros in accommodation and catering industry and 850 million euros in industrial sector.

The turnover of construction industry is 560 million euros, the turnover of transportation and warehousing industry is 580 million euros, the turnover of science and technology and administrative departments is 65.438+0.46 billion euros, and the turnover of information and communication industry is 800 million euros.