Why choosing to live in Monaco ?
31 October 2022
The Principality of Monaco is an independent state with an area of 2.02km². Located in the heart of Europe, in the French Riviera, the Principality of Monaco offers an exceptional quality of life between sea and mountain. Then why live in Monaco ?
The dream of a life or a stopover, to choose Monaco, is to opt for a quality living environment and a territory full of history. Leisure destination, you will find here a cultural and festive life combined by events of international scope such as the Monaco Grand Prix, the Tennis Rolex Masters, the Jumping of Monaco, the International Circus Festival, etc.
The Principality of Monaco is also a dynamic forward-looking policy, with a priority for the school, care and safety systems. A cohesive community where the most commonly spoken languages are English, French and Italian.
The city also offers a moderate tax system favouring indirect taxes, a local administration for individuals and businesses, as well as a long-standing commitment to eco-responsible and sustainable development.
A true paradise nestled between the Mediterranean Riviera and the coasts of Italy, discover the most common questions about the Principality of Monaco.
IS THE PRINCIPALITY OF MONACO PART OF FRANCE OR THE EU ?
No, Monaco is a city-state open to the world with an area of 2.02km². It benefits from agreements with France and the Council of Europe.
WHAT IS THE WEATHER CLIMATE IN MONACO ?
The Principality of Monaco enjoys an exceptional Mediterranean microclimate with an exceptional sunshine of more than 300 days per year and offers pleasantly mild temperatures throughout the year.
WHICH LANGUAGE TO SPEAK IN MONACO ?
With more than 120 nationalities living in the Principality of Monaco, the main languages used are English, French and Italian.
WHAT IS MONEGASQUE TAXATION ?
Nationals and residents of certain nationalities are not subject to income tax. Some citizens holding a residence permit are thus exempt from taxes on their Monegasque income.
IS THE PRINCIPALITY OF MONACO SECURE ?
The Principality of Monaco is a city recognized worldwide for its modern security system.
HEALTH IN MONACO ?
The Princely Government attaches great importance to the quality of its sanitary equipment and this is why the Institutes of Health and the Hospital Centre of the Principality of Monaco benefit from the latest medical equipment.
SMART CITY, CITY OF THE FUTURE, INVEST IN MONACO ?
The Principality of Monaco is a city committed to the future, eco-responsible, dynamic, modern. It is a city of all challenges. Monaco is constantly investing in its territory, with dozens of ongoing projects such as the “Testimonio II”, “Îlot Pasteur”, the “Maretterra” sea extension or “Le Portier”, the future shopping centre of Fontvielle, the new “Esplanade des Pêcheurs”, etc. Monaco is a city that evolves with its time and will not cease to surprise you.
To learn more about the Principality of Monaco, visit the following links:
Gouv.mc – Dix bonnes raisons de choisir Monaco
Monaco Tribune – Monaco de demain
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