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Monaco - 10 things to know with detail

• Monaco is the second smallest country in the world, after Vatican City. It covers an area of just 2.02 square kilometers and is located on the French Riviera.
• Monaco is known for its glamorous Monte Carlo district, which is famous for its luxurious hotels, casinos, and yacht-filled harbor. It is a playground for the rich and famous, with many celebrities and wealthy individuals choosing to live or vacation there.
• The official language of Monaco is French, but English and Italian are also commonly spoken. The local dialect, Monégasque, is a blend of French and Italian.
• Monaco is a constitutional monarchy ruled by the Grimaldi family, one of the oldest royal families in Europe. The current ruler is Prince Albert II, who succeeded his father Prince Rainier III in 2005.
• Monaco is a tax haven with no income tax for residents, making it an attractive destination for wealthy individuals seeking to minimize their tax burden. The country's economy is heavily reliant on tourism, banking, and real estate.
• The Monaco Grand Prix is one of the most prestigious and historic Formula 1 races in the world. Held annually on the streets of Monte Carlo, the race is known for its challenging circuit and glamorous atmosphere.
• Monaco is home to the famous Oceanographic Museum, founded by Prince Albert I in 1910. The museum showcases marine life from around the world and is a popular tourist attraction.
• The Prince's Palace of Monaco is another iconic landmark in the country. Built in the 13th century, the palace is the official residence of the ruling Grimaldi family and is open to the public for tours.
• Monaco has a high standard of living, with excellent healthcare, education, and public services. The crime rate is low, making it one of the safest countries in the world.
• Monaco is also known for hosting the annual Monte Carlo Rally, a prestigious motorsport event that attracts top rally drivers from around the world. The rally takes place on challenging mountain roads and is a highlight of the motorsport calendar.