The most expensive city of the world was introduced; Where 5 % of its inhabitants are millionaires!

Every year, Henley & Partners, which works in providing advice on residence and citizenship through investment, publishes an annual report called “The Richest Cities in the World” in collaboration with New World Wealth. The report provides an unprecedented image of global displacements and the interests of wealthy people and their families, relying on monopoly migration data and leading analysis of capital -based immigration trends. The data backed by the report has been the result of more than a decade of joint research by the two institutions. (Travel and Leisure)

The joint report of Henley and Partners and the New World Institute contains several separate lists; Among the top five cities in terms of the number of millionaires, the fastest growing poles of wealth in the world, and of course, the most expensive cities in the world. According to the Year 2 report, Sadr belongs to Monaco.

This report states:

Monaco, who can be considered the safest shelter in the world, is a place where the average wealth of people in the world exceeds $ 5 million. Monaco is also the world’s top rank in the per capita wealth index. More than 5 % of the population of this Mediterranean princess is a millionaire; The highest millionaire ratio among all cities in the world!

Photographer: Tobi 87 / Wikipedia

What makes Monaco the most expensive city in the world? The answer lies in the housing price. According to the report, the price of apartments of 1 to 2 square meters in Monaco “regularly exceeds $ 1.5 meters. This means that if you want to buy an apartment about 2 square meters, you have to pay about $ 1.5 million.

Other results of the report, which are not far -fetched, describe:

In the second place, the city of New York; Where the average price of high -level real estate reaches $ 1.5. Subsequently, Hong Kong ranks third to fourth with $ 1.5 and London with $ 1.5. The two French cities, Saint-Jean-Cap-Ferrat ($ 1.5) and Paris with $ 4.9 per square meter, ranked fifth and sixth this year.

In another part of this report is:

France has the highest presence among the most expensive cities in the world, with four cities and areas including Paris, Nice, Cannes, Antibes, and so on. Subsequently, the United States comes in second with cities such as New York, Los Angeles and Miami.

Photographer: Sinbad / Wikipedia

What do you think is living in expensive cities like Monaco, New York and London? Share your views and knowledge with us and other users.

Cover Photo Source: Greenglobe.com | Photographer: Unknown