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Monaco

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The principality of Monaco is located on the French Riviera, in a tiny area of the French Mediterranean coast approx 15 miles east of Nice and a few miles from the border with Italy . The country comprises a thin band of coastline which is surrounded by the Alps foothills, Cote d’Azur and Provence regions of France . The Southern Alps to the landward side of Monaco rise dramatically in some parts with the highest point at over 200 feet, and its coastline is less than three miles long. Monaco is second only to Vatican City as the smallest independent state in the world. It is also reputed to be one of the world’s most highly populated countries and has a high percentage of resident millionaires.


Travel Insurance for Monaco:
Area: Europe *

Know Before You Go:
FCO Country Advice for Monaco
 

The population is comprised of a large number of foreigners, about fifty-percent French, with some Monegasque, Italian and others. French is the official language, with English, Monegasque and Italian also spoken. (The Monegasque dialect is mainly used by the older members of the population). The dominant religion is Roman Catholicism.

Monaco has five divisions: Monte-Carlo, the largest city, was named after Prince Charles III and formed in 1867. Monte-Carlo, the main resort and residential area, is situated in the east and known for its glamorous image, Casinos and luxurious hotels. Monaco-Ville (or Rock of Monaco) is the old town, set on a rocky point extending into the Mediterranean , where the Prince’s palace is located, as well as the cathedral and oceanographic museum. The second oldest area and port of Monaco in the NW is called The Condamine. Fontvieille is the most modern part of the Principality and built upon land which was reclaimed from the ocean. The harbour and waterfront area is very popular area and also has hotels, shops and a sports complex. The last area is Moneghetti, which borders with Cap d’Ail on the western side of the country.

Monte-Carlo is also divided into separately known areas: Monte-Carlo itself, with the resort and casino; the beach area known as Larvotto; the residential part known as St. Michel, and St. Roman/Tenao in the NE part.

The very name of Monaco conjures up romantic images of beautiful scenery, the glamorous and wealthy jet-set and unbridled luxury. In reality most of the people you will see in Monaco will be day trippers from the Italian or French Riviera. It attracts well over a million tourists a year who enjoy the beautiful beaches and the casinos. Monte Carlo began gaming from the mid 1800s.

Monaco has an interesting history, with the Phoenicians and Greeks both having settled the area. After being independent for many centuries, Monaco was annexed to France in the late 1700s, and was then under protection from Sardinia in the 1800s. It was again placed under the French by the Franco-Monegasque treaty in 1861 but continued its independent status. Monaco gained entry to the UN in 1993. Monaco has been reigned over by the Grimaldi family since the 12 th century when Francois Grimaldo, dressed as a monk, seized the famous rock of Monaco.

Tourism is a major source of income for Monaco and cruise ships frequent the port. It is an expensive place, and living standards are high. Monaco is attractive because it has no income tax for its residents, which has led to it becoming a tax haven for the wealthy. Monaco is not a member of the EU although it has ties to it through France , and thus uses the same currency as the French, the Euro. Monaco used to mint its own francs, and has been granted the right to mint Euro coins with their own national designs.

Many know Monaco from the association with the beautiful American actress, Grace Kelly, who was married to Prince Rainier III . They had three children and their son, Prince Albert , succeeded him when Prince Rainier died in 2005. Princess Grace was killed in an auto accident in 1982 at the age of 52. Monaco is also world famous for its Monaco Grand Prix Formula One motor race which is held on the streets which run past the yacht-filled harbour. 

Monaco has plenty of outdoor activities to offer, including lovely beaches and swimming pools, scuba diving, golf, fishing, sailing, jet skiing, wind surfing and water skiing. Because of its proximity to the southern Alps, it is also possible to take helicopter trips to go skiing for theday in French resorts such as Chamonix and Courcheval.

 

Disclaimer: While we have tried to ensure this information is correct we do not accept responsibility for any inaccuracy.

* Inclusion on this guide does not guarantee travel insurance is available in this country at any given time. Travel Insurance is not available in countries for which the F.C.O. advise against travel to.

** At the time of writing, the F.C.O. advised against travel to countries, or areas thereof, marked thus at the time of writing. Travel Insurance is not available in areas where the F.C.O. advise against travel to
.

You are strongly advised to visit the F.C.O. web site for up to date information and general travel advice before you travel.


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