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About the Principality of Monaco

Relocating to Monaco

The Principality of Monaco is located on the spectacular backdrop of the French Riviera where your dreams transform into reality. This modest country, the second smallest in the world following the Vatican City, attracts not only seasonal visitors but also successful business owners, entrepreneurs and international personalities.

A true Mediterranean atmosphere awaits you with mild winters and fabulous summers with an annual average temperature of 16.6 °C. Accompanied by 9.7 hours of sunshine daily and over 300 sun filled days per year, Monaco is a beautiful location to visit or call your home.

The Grimaldi family has ruled this role model, zero-debt country for over 700 years, maintaining a close relationship with the 9,000 Monégasques and approximately 39,000 residents. The community of the Principality offers solace and safety for many international athletes, innovators, scientists, influential business leaders and entrepreneurs. Monaco also has an above-average life expectancy of 89.5 years, the lengthiest in the world. Voted one of the happiest places to live on earth, an air of positivity, peace and luxury shines throughout the Principality and its culture each day.

The Principality of Monaco is the undisputed home of the rich and famous, however, anyone who spends a significant amount of time in the Principality will understand that Monaco has much deeper values, and its commitments to safeguard the Monégasque heritage and family values is paramount.

Hosting more than 700 events per year, Monaco offers a true cultural hub reflective of its heritage. The exceptional Monte-Carlo Ballet, the Monaco Philharmonic Orchestra and other prestigious events such as the Bal de Rose and the Red Cross Gala contribute to the opulence and glamour of this sophisticated destination.

Monaco is part of the European Monetary Zone called the Eurozone. However, Monaco is not a member of the European Union. The European Union respects the identity and the rules of the Principality allowing harmonious economic development to the benefit of both parties.

To summarize, living in a zero debt, environmentally sustainable wealthy country is a privilege. The cultural and artistic influence of the Principality of Monaco is worthy of the greatest European capitals. This ultra-rich environment offers multiple luxury and lifestyle services, however the Principality values exceptional family and security care above all else.

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Monaco from bird's eyes view

Personal relocation

If you wish relocate to the Principality of Monaco, we can guide you to the process of the residence permit (Carte de Sejour).

Monaco bank account

You are allowed to open Monaco bank account with or without residency. We are happy to assist you in the process.

Business formation

A Government authorization is required for any kind of business activity in the territory of the Principality of Monaco.

Interested to learn more about the Principality of Monaco?

Monaco: The Essential Relocation Guide

“Monaco: The Essential Relocation Guide” This comprehensive book is dedicated to all current and future residents of the Principality of Monaco.

In this book, contributing authors André C Perry, Charlotte Easterbrook and Zsolt Szemerszky have compiled the most important and vital information required to help guide you through the process of relocating to the Principality of Monaco. Being independent experts, they also spiced up the chapters with their personal knowledge on the relocation process to create this in-depth and essential relocation guide.

Living in Monaco

Living in Monaco book is a professional relocation itinerary written by Zsolt Szemerszky.

A comprehensive, objective and brutally honest book about the Principality of Monaco and its living environment. The author intended to hunt down the myth around Monaco and to go beyond gossips.

It is not a travel book, it is an ultimate guideline to those who are aiming to get a glimpse about the real Monaco and who have the desire to relocate their personal or business life to the Principality.