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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.

Monegasque Institute for Statistics and Economic Studies publishes Quarterly Economy Bulletin for Q1 2021

Minister of Finance and Economy Jean Castellini, Minister of Health and Social Affairs Didier Gamerdinger and Director of the Monegasque Institute for Statistics and Economic Studies (IMSEE) Sophie Vincent recently presented an analysis of economic performance during the first quarter of 2021 to the press, based on the Quarterly Economy Bulletin published by IMSEE. The…

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Is it mandatory to wear a mask in the Principality?

Wearing a mask outdoors is no longer compulsory from Saturday, June 19, 2021, with the exception of the areas listed below: Place du Palais Princier and the alleys of the old town of the Rocher Place du Casino and the neighboring areas that form the Golden Square (including the Monte-Carlo One district, the gardens of avenue…

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Who is allowed to go to restaurants in the Principality of Monaco?

The rules were eased, however, restaurants can only accommodate you, upon presentation of proof. So who can enjoy Monaco’s gastronomic scenery? Monegasque people or people residing in Monaco hotel guests in Monaco people carrying out a professional activity in Monaco and members of their families living under the same roof people educated in the Principality residing in…

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The Junior Economic Chamber of Monaco becomes a Partner of Monaco Boost

The partnership between the Junior Economic Chamber of Monaco (JCEM) and the business incubator Monaco Boost was made official on Wednesday 16 June at the premises of Monaco Boost, in the presence of Laurence Garino, Managing Director of Monaco Boost and Marion Soler, President of the JCEM. The main aim of this collaboration is to…

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MONEYVAL in Monaco for training session on the Principality’s evaluation

On 15 June, the MONEYVAL Secretariat General continued its fifth evaluation round of the Principality of Monaco with a training session on the evaluation process aimed at the authorities and regulated organisations. This second training session (the first having been held in December 2020) delivered by the MONEYVAL Secretariat was intended to familiarise all of…

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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.