Nomad Score: 55%

Essentials

πŸ™οΈ City Moneghetti is a district in Monaco known for its residential areas and proximity to the city center.
πŸ‘₯ Population Approximately 4,000 residents.
πŸ’» Internet Speed Average speed of 200 Mbps.
πŸ’Έ Currency & Banking Currency used is the Euro (1 EUR β‰ˆ 1.07 USD). Banking services include CMB Monaco and HSBC Monaco.
🚰 Tap Water Drinkable and of high quality.
πŸ”Œ Power 230V, 50Hz, πŸ”Œ Type C/E sockets.
πŸ“Ά SIM Card Available from providers like Monaco Telecom and Orange.
πŸ’³ Banking for Expats Services provided by CMB Monaco and BNP Paribas.
πŸ›Œ Accommodation Options include luxury rentals and serviced apartments like Monte Carlo Residence.
πŸ’³ Cashless Friendly Yes, widely accepted; most transactions are cashless.
🏠 Short Term Rentals Airbnb and Booking.com offer various options.
πŸ›οΈ Budget Accommodation Budget options are limited, but consider Home Sweet Home Monaco for affordable stays.

Working and Networking

🏒 Best Coworking Space Monaco Coworking offers modern facilities in a central location.
β˜• Best Cafe for Work Cafe de Paris is a popular spot with good Wi-Fi.
πŸ’Ό Networking Events Regular events hosted by the Monaco Business Association.
πŸ₯‚ Social Events for Expats Check out Monaco Expats Meetup on Facebook for community gatherings.

Transportation

πŸš• Best Taxi/Ride App Taxi Monaco is a reliable ride-hailing service.
🚲 Bike/Scooter Rental Cyclotaxi and electric scooter rentals available at various kiosks.
πŸ–οΈ Best Beach Nearby Larvotto Beach, approximately a 15-minute walk.
✈️ Top Regional Airline Monacair, serving regional flights.
✈️ Top International Airline Air France and British Airways operate flights to/from Nice.
πŸ›£οΈ Highway Access Direct access to A8 highway via Nice.
πŸš‰ Main Train/Transit Hub Monte Carlo Train Station serves many regional lines.
🚍 Public Transport Passes Monthly bus passes available for unlimited travel on Monaco’s public transit.
✈️ Regional Travel Train service to Nice and Ventimiglia.

Health and Wellness

πŸ₯ Best Hospital Princess Grace Hospital Center offers comprehensive healthcare.
🧘 Yoga & Wellness Centers Yoga in Monaco provides various classes for all levels.
πŸ‹οΈ Gyms & Fitness Centers Fitness First is a popular gym option in the area.
🧺 Laundry Services Laverie in Moneghetti for self-service washing.

Food and Drink

πŸ“± Best Food Delivery App UberEats services the Moneghetti area.
🍽️ Best Local Dish to Try Try Barbagiuan, a local savory pastry.
🍱 Vegan/Vegetarian Options The Green Fig serves a variety of plant-based dishes.
🍫 Best Dessert Spots PÒtisserie de Monaco is renowned for its pastries.
πŸ›’ Affordable Shopping Spots Supermarket U offers affordable grocery options.
πŸ›’ E-commerce/Online Store Amazon delivers to Monaco.
πŸ›’ Grocery Delivery Delivery services available from Super U.
🍸 Bar/Nightlife Area The Monte Carlo area hosts many upscale bars, such as Bar Américain.
🍻 Local Brewery La Brasserie de Monaco offers local craft beer.
🍷 Wine Bars Wine Palace Monaco for an extensive selection.
🍲 Street Food Stalls Street food is available during events at Port Hercule.
πŸ• Popular International Cuisine Various international options available, such as Sir James and Cova Monte Carlo.

Culture and Attractions

🎟️ Must-See Landmarks The Prince's Palace and Monaco Cathedral.
πŸ›οΈ Museums & Art Venues Musee Oceanographique showcases marine life.
🏰 Historical Sites The Fort Antoine Theatre is a notable historical site.
πŸ• Religious Sites Visit the Sainte-DΓ©vote Church.
πŸŽ‰ Annual Events Monte Carlo Rally and Monaco Yacht Show are significant annual events.
🎨 Cultural Districts Monte Carlo is known for its vibrant cultural scene.
🎭 Theater Venues Opera de Monte-Carlo hosts various performances.
πŸ›οΈ Local Markets MarchΓ© de la Condamine offers fresh produce.
🎼 Music Scene Various live music events occur at venues like Sporting Monte-Carlo.
🎨 Street Art Downtown Monte Carlo features modern urban art.
πŸ§‘β€πŸ³ Cooking Classes Le Cordon Bleu Monaco offers culinary courses.
πŸ‘©β€πŸŽ¨ Art Galleries The Nouveau MusΓ©e National de Monaco exhibits contemporary art.
πŸ•°οΈ Historic Buildings The Belle Γ‰poque Casino de Monte-Carlo is a must-see.
🏴 Local Heritage The flag of Monaco represents its heritage and sovereignty.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes Parc Forestier is a beautiful green escape within Monaco.
🏞️ National Parks Nearby Parc National des Calanques near Marseille is accessible by train.
🚲 Cycling/Walking Paths The coastal path offers stunning views of the Mediterranean.
πŸŒ„ Scenic Viewpoints Le Rocher provides panoramic views of Monaco and the coastline.
πŸ¦‰ Birdwatching Locations Lookout points near Monte Carlo are great for birdwatching.
πŸ”₯ Bonfire-Friendly Spots Bonfires are not allowed in Monaco; however, designated picnic areas are available.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service La Poste Monaco offers reliable shipping services.
πŸ› οΈ Tech Repair Services TechFix Monaco for device repairs.
πŸ“ Table Tennis Spots Public parks often have table tennis tables.
πŸ§‘β€πŸ« Language Classes Instituto Monte Carlo offers various language classes.
πŸ“š Libraries & Study Spots BibliothΓ¨que Louis Notari has a good selection of books.
🏘️ Community Centers Centre Socio-Culturel de Monaco promotes community events.
πŸ•ΉοΈ Gaming Lounges Monaco eSports provides a competitive gaming environment.
🎰 Casino & Gaming Halls Casino de Monte-Carlo is world-famous for gaming.

Business

🏒 Studio Purchase Price (City Center) Approx. €42,000 per mΒ² (e.g., 40 mΒ² = €1,680,000).
🏒 Studio Purchase Price (Outside City) Approx. €30,000 per mΒ² (e.g., 40 mΒ² = €1,200,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. €40,000 per mΒ² (e.g., 60 mΒ² = €2,400,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. €28,000 per mΒ² (e.g., 60 mΒ² = €1,680,000).
🏑 2-Bedroom Purchase Price (City Center) Approx. €38,000 per mΒ² (e.g., 80 mΒ² = €3,040,000).
🏑 2-Bedroom Purchase Price (Outside City) Approx. €26,000 per mΒ² (e.g., 80 mΒ² = €2,080,000).
πŸ’Ό Corporate Tax 0% corporate tax rate.
πŸ’΅ Dividend Withholding Tax 0% dividend withholding tax.
🏦 Tax System No personal income tax for residents.
πŸ“ˆ Highest Income Tax Bracket 0% maximum personal income tax rate.
🧾 VAT 20% standard Value Added Tax rate.
🌐 Controlled Foreign Company (CFC) Rules Yes, CFC rules apply.
🏠 Property Tax No property tax in Monaco.
🏠 Property Transaction Tax 7.5% tax on transfers of property.