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Detailed Guide to Monaco

Wealth Management in Monaco

For over seven hundred years Monaco has been ruled by the Grimaldi family, in fact, they celebrated the 700th anniversary of their reign in 1997. The Grimaldi rule began in 1297 when the fortress of Monaco was under the control an Italian faction and Francois Grimaldi created a disguise for himself as a monk and led a small army into the fortress. He successfully seized the fortress of Monaco, in the name of the Pope, and reclaimed Monaco. The two monks brandishing swords on the Monaco coat of arms symbolizes Francois Grimaldi's daring victory. The next few hundred years were good for Monaco and they became a significant port in major maritime trading routes, which allowed for a prosperous principality until 1604 when Lord Honore II took the throne and made things go from good to great.

During the reign of Lord Honore II, the title of Prince was established to signify all that he had done for Monaco leading them into what was known as the "Great Century" due to the many accomplishments of Monaco. Eventually the French Revolution did catch up with the Grimaldi family and France annexed Monaco, with members of the Monegasque royal family going to prison. Fortunately, the Grimaldi's were restored to power before too long and in 1814, the annexation ended. However, in 1861 half of Monaco's territory was given to France to for Monaco's independence and some money. Realizing that many of their natural resources were gone now after relinquishing half of their land, Prince Charles III determined that a new economic base was needed to provide Monaco with a stable and prosperous future. In 1863, he formed a company that would focus on tourism and gambling called the Societe des Bains de Mer. They purchased a few hotels, casino and theater that would later become the flourishing district of Monte-Carlo. By 1949, Monte-Carlo had become a world-renowned city of flash and fun, putting Monaco on the top of many people's lists to visit. Prince Rainier III was now on the throne and became an even bigger attention getter from the world than Monte-Carlo with this fairytale romance and marriage to movie star Grace Kelly. For those who enjoy the people watching, you can stop in at Café de Paris.

A colorful and historically rich principality found on the Mediterranean Sea, near both the French and Italian Rivera's, is the less than one square mile Monaco. Ruled by a constitutional monarchy and led by H.S.H. Prince Rainier III, Monaco has survived an epic history that reads much like a fairy tale, complete with amazing castles, heroic battles and even a movie star princess. The breath taking landscape of the small area is enjoyed for its beauty from many tourists throughout the year and by the 32,020 residents of Monaco, of which only 6,089 are actually Monegasque citizens with the remaining people being Italian and French. Although the nationality may be split between a few religions it is a common thread for all of Monaco as it is 95 percent Roman Catholic.

Wealth Management in Monaco

French, English and Italian are all common languages to Monaco and many residents speak all three fluently, although it is not difficult to manage if you only speak one of them. Money is easily handled with the Euro currency, which is common among most of the Mediterranean tourist areas.

Monaco is almost in a constant state of celebration with events occurring throughout the year. Some of the more famous ones are; the International Circus Festival in January, the Monte-Carol Television Festival in February, the World Music Awards in March, the Monte-Carlo Spring Arts Festival that runs April through May and the Monte-Carol International Tennis Championships in April. In May, there are the Monaco Formula 1 Grand Prix and the Laureus World Sports Awards. There is the International Fireworks Festival that runs July through August, the Red Cross Ball in August and the Monaco Yacht Show in September. Those are just some of the regularly occurring events that happen throughout the year in this exciting place and of course, there are operas, ballets and concerts that also take place throughout the year in Monaco. Some of the long-standing traditions of Monaco also involve celebrations for visitors to join in on when they are visiting during one of those special occasions that mark the social, cultural and moral heritage of the Monegasques principality.

The Grimaldi Forum is home to many events including the "Top Marks Supercar", Monaco Comedy film festival and so much more.

Saint Devote is celebrated on January 27, although the special events take place before, after and on this day. This holiday was created to honor a woman, believed to be a saint from centuries ago. Devote had promised to serve God as the main purpose in her life and during her time a cruel governor who persecuted Christians was the leader of the once Roman province where she lived. She was arrested and sent to prison where she was tortured and eventually died, never denying her faith or retracting her words of God's love. Those who admired her bravery and faith saved her body from the fate of the cruel governor to send it in a boat some place that it would be honored for the pious Christian, Devote was. Due to a bad storm, the original plan did not work out after what was thought to be a miracle, Devote's corpse ended up in Monaco where it was treasured and kept safe. Word spread though about the miraculous powers of the remains from Saint Devote and evil soon followed with those that wanted to steal and capture the awesome power. The bad guys were fought off and Saint Devote's remains stayed safe within the Monegasques principality where her honor and faith are still celebrated today with symbolic gestures from the past and fireworks.

Wealth Management in Monaco

Carnival takes place in Monaco during February and March and is a tradition that dates back to the fifteenth century marking the period between Sunday of Epiphany and Ash Wednesday. It was intended to be the time for people to let off some steam and rid themselves of temptations before the arduous period of Lent. Colorful costumes were worn to disguise yourself from being recognized while you danced, acted silly and even fought to some extent. Today many of the local hotels or resorts recreate a Carnival theme to parties throughout the summer months to give tourists a taste of this wild tradition.

There are also the Holy Week Processions during March and April, Saint John's Day on June 24, Saint Roman on August 9, the Monegasque National holiday on November 19 and the Monegasque Christmas celebration on December 25. Therefore, as you can see there is pretty much something going on every single month of the year. If some of these holidays or celebrations are more fascinating to you than others, you may want to plan a trip to Monaco during one that is more interesting to you. There are plenty of sources available to learn more about the holidays and annual events of Monaco check out your local library first or the Internet to gather additional information.

The weather is another fabulous reason to spend time in Monaco as even during the winter months the coolest temperatures are rarely below 50 degrees and the warmest temperatures during the height of summer rarely passes the low 80s. The sun almost never stops shining on this glorious paradise by the sea, with over three hundred days of sunshine every year, you want to make sure not to forget your sunglasses. Fall is a beautiful time to visit with temperatures in the sixties to seventies people still tan themselves on the beach, while throwing a glamorous wrap on in the evening when the cooler sea air breezes in.

Getting around in Monaco is not much of a problem as most things are quite close to each other since the entire principality is only three quarters of a square mile in total size. Walking is easy to do and there are also several elevators that connect different areas together by simply hopping into an elevator you can be in an entirely different part of Monaco. Of course, there are taxis as well and they do operate around the clock, but again unless you are going from one complete end to the other and are really tired or wearing some killer high heels, you should be able to get where you need to go with out the additional expense of a taxi or car. Monaco is only minutes from the Nice airport and is also in close proximity to many other attractions that may be of interest to a tourist who wants to see other parts of France and Italy.

Wealth Management in Monaco

Monaco offers the amazing and glamorous experience of Monte-Carlo to its visitors, which is set in a surreal spot between the deep blues of the Mediterranean Sea and the white snow capped mountains of the Alps. This luxurious casino is reminiscent of the architecture from French medieval villages and is as enchanting as a fairy tale castle is imagined to be. The cars parked outside the casino are no laughing matter and routinely include Ferraris, Bentleys and many more play toys of the rich and famous. There are over the top hotels to tickle your every fancy and delight you beyond your wildest dreams with the outstanding cuisine and intense natural beauty that surrounds you. Of course, that enjoy gambling will find themselves in heaven at one of the most famous casino's in the world while others may be content to soak up the glamour of the ambiance or wander down to the beach to enjoy the fantastic array of colors present almost every day in the Mediterranean Sea, the Alps and the sky of Monaco.

If you are looking for alternatives to the Monte-Carlo Casino do not be concerned, as there are many options for entertainment in Monaco besides the casino. The Fort Antoine Theater offers many concerts throughout the summer months in this fabulous outdoor theater created from an early XVIII century fortress. Even if you are not able to catch a show at the theater, it is definitely worth the trip to at least see this is marvelous old structure. Louis II Stadium is an enormous sports complex that was built to house the many sporting event competitions that are held in Monaco every year. They are open every day and guided tours are available throughout the week for a small fee, check with the stadium when you arrive in town for specific information. The Oceanographic Museum and Aquarium is open every day and there is a fee for the two to three hour visit to this outstanding museum that was founded in 1910 and is considered to be an architectural masterpiece along with an amazing scientific experience. Many species of both flora and fauna unique to Monaco and the Mediterranean area are on exhibit for visitors to gain a deeper knowledge of the environment. In addition to these wonderful attractions, there are several gardens that provide a pleasantly peaceful place to rest or eat a quiet snack. There are the Casino Gardens and Terraces, the Exotic Garden, Observatory Caves, Fontvieille Park and Princess Grace Rose Garden to name a few. The Japanese Garden is always a big hit as well, with its Zen like feel and natural beauty. Other museums include the Exhibition of H.S.H The Prince of Monaco's Private Collection of Classic Cars, Musuem of the Chapel of Visitatin, Museum of Napoleonic Souvenirs and Collection of the Palace's Historic Archives, Musuem of Prehistoric Anthropology, National Musuem: Automatons and Dolls of Yesteryear and the Wax Museum of the Princes of Monaco. There are also several choices for royal and historic sites including different churches.

Wealth Management in Monaco

Monaco nightlife is alive for those who need those extra hours of entertainment. The famous Stars and Bars rings in the wee hours with good fun and spirits, while those with some extra cash may want to check out Jimmys Nightclub, easily one of the most expensive in the world. For those who want a little of the racing action with their nocturnal activities there is always the Formula 1 café.

Clearly, there are many reasons that visiting Monaco would be a unique and fascinating experience, one that most people would be sure to enjoy. The cultural and historical heritage alone creates a wonderfully romantic vision of fairytale castles and princess movie stars. Combine that with the fast-paced, high-rolling glamorous scene of Monte-Carlo and Monaco is definitely a winner.