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Country guide

The Grandeur of Monaco

Monaco is one of the world's tourist centers

The history of the Principality of Monaco goes far back into the past, but this history is sparse, because there have been no coups or revolutions on its territory. For a huge number of years, the principality has been ruled by the oldest monarchy in all of Europe, the Grimaldi dynasty. Prices for tours to Monaco vary greatly. High prices occur when something important and interesting happens in Monaco during that period. But it is worth noting that various conferences, shows and other public events are held quite often in Monaco.

Local laws are favorable to private capital, and there is no income tax. That is why you can often meet famous athletes and artists who buy property and live in expensive luxurious mansions, and also drive respectable sports cars. Increasingly, Russian speech can be heard on the streets of Monaco; for example, in 2005, huge crowds of fans came to the match of the European Super Cup, several times exceeding the number of visitors from Germany or England. Every year at the end of summer, the draw for the group stage of the Champions League takes place at the now famous Grimaldi Forum.

During the World Cup stage of the Formula 1 race, it takes place on the narrow streets of Monte Carlo. Local residents take advantage of the huge flow of auto racing enthusiasts and rent out their balconies and terraces overlooking the streets where the races take place. The rental price sometimes reaches 10 thousand euros per day.

World fame for the Principality of Monaco was brought by the Monte Carlo casino, which is visited by the richest and wealthiest people from all over the world. Hotels where a particular celebrity stays instantly become world famous. Last-minute tours to Monte Carlo are quite difficult to find, due to the high cost of the trip and accommodation. For example, the Riviera Marriott hotel is located not far from Monte Carlo. Many stars and celebrities choose this hotel because of the magnificent view of the sea from its windows.

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