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Essentials
| 🏙️ City | Monaco Ville is the historic heart of Monaco, known for its charming old town and stunning views of the Mediterranean. |
| 👥 Population | Approximately 38,000 residents, with a significant number of expatriates. |
| 💻 Internet Speed | Average internet speed is around 100 Mbps, with fiber connections readily available. |
| 💸 Currency & Banking | Currency is Euro (1 EUR ≈ 1.07 USD); banks like Société Générale and Monte Carlo Casino bank are widely available. |
| 🚰 Tap Water | Drinkable and safe. |
| 🔌 Power | 230V, 50Hz, 🔌 Type C/E sockets. |
| 📶 SIM Card | Providers include Monaco Telecom and Orange, with good coverage. |
| 💳 Banking for Expats | Expats commonly use banks like Crédit Agricole and HSBC. |
| 🛌 Accommodation | Options include luxurious hotels, Airbnb rentals, and serviced apartments. |
| 💳 Cashless Friendly | Yes, cards accepted widely, especially in restaurants and shops. |
| 🏠 Short Term Rentals | Available through services like Airbnb and Vrbo. |
| 🛏️ Budget Accommodation | Hostel Monte Carlo offers budget-friendly dorms and private rooms. |
| 🏙️ Best Area to Stay for Tourists | The Old Town is recommended for its historical sites and vibrant atmosphere. |
| 🏙️ Best Area to Stay for Digital Nomads | Areas near Port Hercule provide access to coworking spaces and amenities suited for long-term stays. |
Working and Networking
| 🏢 Best Coworking Space | New Monaco Coworking space offers modern facilities. |
| ☕ Best Cafe for Work | Cafe de Paris Monte-Carlo is favored for its atmosphere and free Wi-Fi. |
| 💼 Networking Events | Events are often organized by Monaco Tech and other local agencies. |
| 🥂 Social Events for Expats | Join the Monaco Expat community on Facebook for meetups. |
Transportation
| 🚕 Best Taxi/Ride App | Uber is available and widely used for ride-hailing. |
| 🚲 Bike/Scooter Rental | Monaco has various bike rental services like Bike & Go. |
| 🏖️ Best Beach Nearby | Plage du Larvotto is the closest beach, roughly 10 minutes away. |
| ✈️ Top Regional Airline | Monaco doesn't have a regional airline; airports in Nice serve the area. |
| ✈️ Top International Airline | Nice Côte d'Azur Airport is the nearest major airport. |
| 🛣️ Highway Access | Access via A8 highway connecting to France. |
| 🚉 Main Train/Transit Hub | Monaco train station offers connections to Nice and beyond. |
| 🚍 Public Transport Passes | Monaco offers monthly bus passes through Compagnie des Autobus de Monaco. |
| ✈️ Regional Travel | Trains connect to nearby cities, with regular services to Nice and Ventimiglia. |
Health and Wellness
| 🏥 Best Hospital | Centre Hospitalier Princesse Grace is the main healthcare facility. |
| 🧘 Yoga & Wellness Centers | Yoga à Monaco offers various classes and wellness programs. |
| 🏋️ Gyms & Fitness Centers | Fitness First Monaco provides great gym facilities. |
| 🧺 Laundry Services | Laverie du Rocher offers laundromat services. |
Food and Drink
| 📱 Best Food Delivery App | Deliveroo operates widely, featuring local restaurants. |
| 🍽️ Best Local Dish to Try | Barbajuans, a deep-fried pastry filled with Swiss chard and ricotta. |
| 🍱 Vegan/Vegetarian Options | La Petite Cuisine offers a full vegetarian menu. |
| 🍫 Best Dessert Spots | Patisserie du Casino is famous for luxury pastries. |
| 🛒 Affordable Shopping Spots | Supermarket Carrefour near the train station is a good budget option. |
| 🛒 E-commerce/Online Store | Amazon and eBay are accessible for online shopping. |
| 🛒 Grocery Delivery | Monaco delivery services include yourlocalgrocer.mc. |
| 🍸 Bar/Nightlife Area | Owning a club or bar in Monte Carlo is common with high-end venues like Jimmy'z. |
| 🍻 Local Brewery | Monaco does not have a local brewery but French beers are popular. |
| 🍷 Wine Bars | Wine Palace Monaco, offers extensive wines for tasting. |
| 🍲 Street Food Stalls | Food stalls can be found in the Port Hercules area. |
| 🍕 Popular International Cuisine | Italian and French cuisines dominate the dining scene. |
Culture and Attractions
| 🎟️ Must-See Landmarks | Monte Carlo Casino and the Prince's Palace are must-visits. |
| 🏛️ Museums & Art Venues | The Oceanographic Museum of Monaco is a highlight. |
| 🏰 Historical Sites | The Palais Princier is a significant historical location. |
| 🕍 Religious Sites | Saint Nicholas Cathedral is an important place of worship. |
| 🎉 Annual Events | Formula 1 Grand Prix and Monte-Carlo Television Festival are key events. |
| 🎨 Cultural Districts | Monte Carlo features a rich cultural district around the casino. |
| 🎭 Theater Venues | The Opéra de Monte-Carlo offers various performances. |
| 🛍️ Local Markets | Marché de la Condamine is a local market to explore. |
| 🎼 Music Scene | Monte Carlo hosts various concerts and festivals throughout the year. |
| 🎨 Street Art | Street art is limited, but occasional exhibitions occur. |
| 🧑🍳 Cooking Classes | Cooking classes are available at the Fairmont Monte Carlo. |
| 👩🎨 Art Galleries | The Villa Paloma, part of the Nouveau Musée National de Monaco, showcases contemporary art. |
| 🕰️ Historic Buildings | Casino de Monte-Carlo is a remarkable architectural gem. |
| 🏴 Local Heritage | Monaco's royal family and Grimaldi heritage are vital to its identity. |
Nature and Outdoor Activities
| 🌅 Nearby Nature Escapes | The Japanese Garden in Monaco offers a scenic escape. |
| 🏞️ National Parks Nearby | Mercantour National Park is a short drive away, offering hiking trails. |
| 🚲 Cycling/Walking Paths | The coastal paths along the Mediterranean are popular for walks and cycling. |
| 🌄 Scenic Viewpoints | The viewpoint near the Prince's Palace provides stunning vistas. |
| 🦉 Birdwatching Locations | The coastal areas around Monaco are great for birdwatching. |
| 🔥 Bonfire-Friendly Spots | No bonfire-friendly spots in Monaco due to regulations. |
Other Services and Amenities
| 📦 Parcel Delivery Service | DHL and FedEx provide extensive delivery services. |
| 🛠️ Tech Repair Services | Monaco's electronics stores offer tech repair services. |
| 🏓 Table Tennis Spots | Local community centers sometimes have table-tennis facilities. |
| 🧑🏫 Language Classes | Language schools such as the International School of Monaco offer classes. |
| 📚 Libraries & Study Spots | The Bibliothèque Louis Notari is a good spot for studying. |
| 🏘️ Community Centers | The Monaco Cultural Center hosts community events. |
| 🕹️ Gaming Lounges | Few gaming lounges exist, but Monaco hosts regular esports events. |
| 🎰 Casino & Gaming Halls | Casino de Monte-Carlo is iconic for gambling and entertainment. |
Business
| 🏢 Studio Purchase Price (City Center) | Approx. €48,000 per m² (e.g., 40 m² = €1,920,000) |
| 🏢 Studio Purchase Price (Outside City) | Very limited options, typically around €40,000 per m². |
| 🏠 1-Bedroom Purchase Price (City Center) | Approx. €45,000 per m² (e.g., 60 m² = €2,700,000) |
| 🏠 1-Bedroom Purchase Price (Outside City) | Very limited, priced similarly to studios. |
| 🏡 2-Bedroom Purchase Price (City Center) | Approx. €42,000 per m² (e.g., 80 m² = €3,360,000) |
| 🏡 2-Bedroom Purchase Price (Outside City) | Similar to other markets, usually €35,000 per m². |
| 💼 Corporate Tax | 0% corporate tax for businesses in Monaco. |
| 💵 Dividend Withholding Tax | 0% on dividends for corporate shareholders. |
| 🏦 Tax System | No income tax for residents; a flat rate corporate tax may apply. |
| 📈 Highest Income Tax Bracket | 0% for residents. |
| 🧾 VAT | 20% on goods and services. |
| 🌐 Controlled Foreign Company (CFC) Rules | No strict CFC rules in place. |
| 🏠 Property Tax | No property tax in Monaco. |
| 🏠 Property Transaction Tax | 7.5% on property transactions. |
| 💻 Attractive Tax System for Digital Nomads | 0% tax on worldwide income and no capital gains tax. |