Monaco is a truly unique demographic phenomenon. With its small territory, the Principality has a population comparable to a not very large city, with special characteristics found nowhere else in Europe. Geography The second-smallest microstate in the world after the Vatican, } with an area of 2.
Monaco is famously associated with a favourable tax regime. This is a place where you are free to develop your business and preserve your capital in all serenity. In 1869 the Principality abolished personal income tax, a benefit it enjoys to this day.



