I love it. Yes, really. The whole economy is built up in order to provide excellence. Obviously, you can find some lazy-bones and gold diggers, but the important and influential mass is there to create better economic results for the Principality. This effort is also supported by the taxation, which is purely revenue oriented. Therefore, the businesses and the government are going hand in hand for mutually-beneficial results.
The competitive mind is both a tradition and a passion in Monaco. Competition is also in the air; it is enough just to observe the events at the Principality such as Tennis, Formula One, Boxing, Polo, Swimming, etc… Monaco is the home of the biggest sport personnels in the World.
I have to also mention here that His Serene Highness Prince Albert II is a great example for competition, for he has been a member of the International Olympics Committee since 1985 and is the president of the Monegasque Olympic Committee. This is not surprising given that the H.S.H. Prince had an exceptional past as a bobsledder. H.S.H. Prince Albert II participated in five Olympic Games, from Calgary in 1988 to Salt Lake City in 2002, as a member of the national bobsleigh team.
Furthermore, both His Serene Highness Prince Albert II and his beloved wife, Her Serene Highness Princess Charlène of Monaco have a serious and respected past in the world of sports.
Unlock Members only contents
Our membership offers you access to the member’s only content of the Living in Monaco website. The membership gives you immediate access, and you can cancel your subscription at any time.
Already a member with a valid subscription?
We can help you to establish your business in the Principality of Monaco in the most efficient way.
Since 2010, we are working with some of the most experienced advisors in the Principality of Monaco. 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.
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.
Bank account opening
Through our trusted and Government authorised Monaco bank we are able to offer exceptional banking services. It is a unique opportunity to open private, corporate and trust accounts, both for Monaco residents and non-Monaco residents.
Marketing & Brand awareness
Thanks to our exclusive partners, including the branding and marketing strategists, we can offer you online, printed and luxury television campaigns, reaching our every household and hotels in Monaco.
Business formation / operation