Monaco's $2.3bn project to expand into Mediterranean Sea

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Source: Monaco may be the second smallest country in the world, but it is also one of the richest. Almost a third of its residents are millionai...

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Monaco may be the second smallest country in the world, but it is also one of the richest. Almost a third of its residents are millionaires, lured to the French Riviera city state by its lenient fiscal policy — income tax was abolished in 1869. It is estimated that 70% of the population is foreign-born, while just 10,000 are locals, “the Monagesque.”
Source: International News

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