Let us have a look at why Monaco seems to be such an attractive living destination for Formula 1 drivers.
The sovereign city of Monaco is without a doubt one of the world's most exclusive touristic hotspots that has grown a reputation of being associated with the Formula 1 lifestyle.
Monaco is home to some of the world's most famous celebrities, including Formula 1 drivers such as Nico Rosberg, Daniel Ricciardo, Max Verstappen, Charles Leclerc and Mika Häkkinen.
But why Monaco? Well, aside from the romanticism and exclusivity of the city which overlooks the stunning Mediterranean sea, residents don't pay exorbitant amounts of tax, nor does the tax increase proportionally to a residents income, regardless of how much you earn.
Furthermore, Monaco has a rich history of Formula 1 and motorsport in general so, if your lifelong career and passion is to do with motorsport, your can guarantee that Monaco will continue being a destination for enthusiasts for many years to come.
Take a look at the video below by YouTube channel, GPFans Global, on Why Is Monaco An Attractive Living Spot For Formula 1 Drivers?
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