The Principality of Monaco, in the collective imagination, represents a magical and prestigious place. The unique position between the sea and the mountains, the extremely mild climate, the numerous green spaces, cultural animations and sporting events makes it an ideal place to live with the family! Security, health, environment protection, economy, education, sport and culture are all the ingredients that characterize Monaco.
For centuries, the constitutional monarchy of the Grimaldi family has guaranteed political stability that many countries envy.
The economy is very dynamic and looks to the future thanks to the government of H.S.H. Prince Albert II, in recent years he has committed to transforming the Principality into a Smart City. As an independent state located in the heart of Europe, the Principality offers to its residents and its entrepreneurs a safe place to better develop their projects.
The official language is French but Italian and English are also widely used. The dialect is Monegasque, spoken by the elderly and taught in schools in the Principality, very similar to the Ligurian dialect. In Monaco, traditions have great importance such as celebrating the Prince’s Day on November 19, the feast of the Holy Devote, Patroness of the Principality (January 27), and marking the beginning of summer, San Giovanni (June 23). The monetary unit is the euro and the Principality coins its own currency.
The Principality is home to around 38,000 Monegasque and foreign residents representing 140 different nationalities. Due to the limited area, only 2km2, in the 1970s H.S.H. Prince Rainier III created the Fontvieille district, built on land completely stolen from the sea.
The same strategy was made today by H.S.H. Prince Albert II with the development of the extension project at sea called “Anse du Portier”. Furthermore, several skyscrapers and green spaces are currently under construction, the latter provided by law in a fixed percentage in relation to the built area.
Contrary to popular belief, not all inhabitants are “super rich”, instead Monegasque society represents an ideal of harmony between people of different cultures, social and economic levels.