'The land of millionaires' is overwhelmed with tourism.

Monaco, the country with the highest number of millionaires and billionaires per capita in the world , also has the highest density of tourists in Europe.

Monaco, a tiny country located on the southern French Channel, covers an area of ​​only about 2 square kilometers, making it the second smallest country in the world after Vatican City. However, this nation of approximately 36,000 people boasts over 12,200 millionaires. That's about one in three people a millionaire, making it the country with the highest number of millionaires and billionaires per capita in the world, according to Forbes.

While Paris, France, is the most visited city in Europe, Monaco has the highest tourist density on the continent, according to statistics from the World Tourism Organization (UN WTO). In 2021, the number of tourists visiting Monaco was 10 times higher than the local population, approximately 360,000 people. Nine out of every ten people in Monaco were tourists.

Yacht marina in Monaco. Photo: Unsplash

The majority of visitors to Monaco are from France and Italy. According to Tripadvisor, the most popular attraction in the principality is the Oceanographic Museum, which houses sharks, turtles, and many other marine creatures. Despite Monaco receiving many positive reviews, the sheer number of tourists flocking to the country has led to tourism overload.

Tourist Emily B said that when she visited the Oceanographic Museum, she couldn't move around inside because of the overwhelming crowds.

In addition, the Monaco Grand Prix, held annually in May or June, attracts a large number of tourists from all over the world, which also causes tourism in Monaco to become overloaded.

The high density of tourists leads to an overwhelming demand for accommodation, resulting in expensive lodgings. Tourists who stay overnight often visit Nice, France, a 30-minute train or car ride from Monaco. Nice also has the nearest airport.

According to the Serbian data provider Numbeo, a cappuccino in Monaco costs around 4 euros (103,000 VND), making it one of the most expensive places to live in the world.

Bich Phuong (According to Express UK )

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