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by Zsolt Szemerszky

Zsolt Szemerszky

The Principality of Monaco

The Principality of Monaco is the second smallest country in the World right after the Vatican City, yet an astonishing 44% of its residents are millionaires.

Living in this small but highly significant country at the heart of Europe is considered more than prestige.

In this sun filled and luxurious environment which is one of the wealthiest countries in the World, the life expectancy is 89.5 years which is the higher than any other country in the World.

The Principality is not just stress free, but due to its location between south of France and Italy, it offers a true Mediterranean atmosphere with mild winters and summers offering almost 300 sunny days during the year with an annual average temperature of 16,6 °C.

Living in Monaco . Monaco Residents’ Magazine . Summer 2021

The Summer 2021 edition of the Monaco Residents‘ Magazine is coming with a new and exciting announcement. For the first time in seven years, we decided to publish an international, digital edition of the Monaco Residents’ Magazine. The physical print remains exclusive to the residents of the Principality of Monaco, however, the e-book versions are…

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Monaco Residence Permit: The General Requirements

Feel free to contact us at if you have any questions regarding relocation or business formation.

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FRAUD ALERT! Be Aware of the Seasonal Folks in Monaco

In the Principality of Monaco, the real touristic season starts in May usually with the Formula One Grand Prix and it ends in September with the Monaco Yacht Show. I always call May the Grand Opening of Monte-Carlo. April and May are two very interesting months in the Principality because the so-called seasonal advisors start…

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Monaco’s Police Headquarter to grow by three floors

Monaco’s police headquarters building on rue Suffren-Reymond is not big enough for current needs and will be extended upwards by three floors. – reports At an extraordinary session on Tuesday, the municipal council voted unanimously in favour of the plan that will see work start in October this year and last until 2024. The…

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A cheque for Two Million Euros Generously Presented to the CHPG

On Tuesday 4 May 2021, the Princess Grace Hospital was presented with a cheque for 2 million euros by generous philanthropists Mr. and Mrs. Garavagno. In line with their wishes, the couple made this substantial donation in front of the donors’ plaque, engraved with their names, and thanked the hospital. “We have had contact with…

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Administration assistance

Monaco residence permit

With 10 years of local experience, we offer unparalleled guidance for new residents in the Principality of Monaco.

We can help you and your family to settle, to find a school, to register your car, and to feel at home in Monaco from the very first day.

Business formation

We can help you to establish your business in the Principality of Monaco in the most efficient way.

We can help you to identify the right corporate structure, to find the desired office space, and to implement your branding and revenue strategy to the local business scenery.