Monaco luxury portrait (Photo: CNN Money)
New York - When people hear Monaco country, most would have imagined wealth, luxury cars and a casino. Frankly, a small country in Europe was a nest of the rich with treasures in very large numbers.
CNN Money website launched on Thursday (06/04/2015), this small country is home to 38 thousand inhabitants. Remarkably, according to a report from WealthInsight, one of three residents of Monaco is a billionaire while other waste holds a millionaire.
Monaco even recorded a per capita income in the world. You would wonder how such a small country can become a nest of rich people.
Monaco luxury portrait (Photo: CNN Money)
The main cause that made people in the country are tax-round prosperous. Monaco royal cancel pay income tax provision in 1869 and other tax rates for companies and individuals is fairly low.
The citizens of Monaco's famous among them, Formula One driver Lewis Hamilton, the famous tennis player Novak Djokovic and Lady Tina Green, wife of British billionaire Sir Philip Green. In addition to the advantages of the tax, the rich people also love Monaco because of his lifestyle.
A mix of cool weather throughout the year, political stability, and a variety of international events such as the Grand Prix, has proven to be very attractive to the rich. Geographically, Monaco is also easily accessible via Nice Airport, a short trip across the border in France.
Director of real estate consultancy Savills World Research, Yolande Barne, say, a lot of rich people chose Monaco because it is known as a tax haven like the Cayman Islands.
"It is the right location for a large number of wealthy in the world," he said.
Monaco also has a very favorable property market. There high demand, while supply is scarce, making the price was amazing.
Monaco luxury portrait (Photo: CNN Money)
Luxury property in Monaco is sold in the range of US $ 9 thousand per square foot, about 50 percent of comparable locations in New York. Cruise ships are also big business in Monaco, many property agents who provide yacht when selling apartments and villas.
With a turnover of active, I wonder if Monaco managed to build a healthy financial sector.
"It is a very precise business location. Where the financial services went very well," said Barnes.
Monaco luxury portrait (Photo: CNN Money)
Although a small country, but Monaco is not the area is deserted. Evidently, whenever the various inhabitants enliven the streets with a super luxury car engine.
Some tourists even willing to stand on the side of the road just to photograph the luxury of Monaco residents of expensive vehicles passing. (Liputan6.com)
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