- Monaco

Monaco, a very comfortable part of Southern France

Monaco is a Lilliput land, an anomaly, but a fascinating one, and is located on the Cote d´Azur near the French Riviera. While diligently trying to evade its reputation as the playground of the rich, it nevertheless sparkles with wealth ever so discreetly, while providing a tax haven for the rich. Discretion is the name of the game here. But let´s give you a taste of what Monaco is all about.

How big is Monaco?

Covering just 20 hectares, the monarchy is the second-smallest country in the world, only”overtaken” (or should that be”undertaken?) by the Vatican. But on the other hand, who needs more when there is no income tax and life is extremely comfortable for the majority. And everyone who is anyone or would like to be, have seen or would like to see one of the year´s absolute highlights – the Formula 1 race through the city centre, one of the oldest and most prestigious races in the world that was first held in May 1929. Back then, the cars were like ovens from the heat of hot exhaust pipes. Here, Formula 1 is held in the daytime unlike in Singapore. And the casino? It is situated towards the north-east and is a legend in itself…for names like Grace Kelly, James Bond actors, David Niven, and more contemporarily, today´s rock stars, IT moguls, rich oligarchs and other Russian new wealth, and, of course a whole flock of wannabees…it was and still is the place to be seen. Ladies and gentlemen, place your bets.

Brief facts om Monaco

Monaco is a principality located on the northern coast of the Mediterranean. The official name of the country is the Principality of Monaco. The principality is geographically surrounded by France and is on the Mediterranean coast only a few kilometers from Italy.

Area: 202 ha
Population: 38,499 (2016)
Continent: Europe
Ruler: King Albert II of Monaco
Currency: Euro
Official language: French
The Riviera
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