Monaco is an incomparable Principality : it is unique as a place to live and a place to invest. A mild climate, security, elegance, luxury and a rich cultural life are coupled with modern facilities and ameneties. Monaco is a true international melting pot, attracting an ever-increasing number of people from around the world.
The entire surface area of the Principality is under camera surveillance, but security is not overbearing. The police are discreet, but trained in such a way that anything detrimental to the harmonious atmosphere in Monaco is forbidden. Begging is non-existent, indecent clothing is prohibited and traffic laws are rigorously enforced. With one police officer for every 100 residents, the rate of delinquency is consequently very low. As one jeweller put it: “The jewels of the most well-known jewellers were made to be worn – even in the street and not to be left in a safety deposit box”. In Monaco, this is not an issue.
International Schooling at Your Doorstep
The international School of Monaco is situated in newly renovated, air-conditioned premises on the Quai Antoine 1er. Classes provide for children from their earliest years right through to the end of secondary school. Students traditionally graduate with excellent scores, and are offered positions in highly ranked universities throughout Europe and North America. In past years, the ISM pass rate in the IB Diploma exams has been 100%. ISM offers a distinctive bilingual programme where English and French are given equal value and where, from their earliest years, children learn simultaneously in these two languages. Bilingualism is known to have a positive effect on intellectual growth and enriches and enhances a child’s mental development. The IUM, or international university of Monaco, is the only university which provides a business education fully taught in English on the Cote d’Azur. With 60 nationalities represented in the student body and faculty, it is the premier institution for higher education in the Principality of Monaco. The university has Bachelor programmes in business administration and communication & entertainment management, Master of Science programmes in international management, marketing, finance, sport and luxury. MBA and DBA programmes are also run at the IUM.
Health and Medical Facilities on a Par with the World’s Best
For many people, when considering any place to live, one of the prime concerns is “What happens if I need medical care?” Monaco takes great pride in its outstanding medical facilities. To this end, the Princess Grace Hospital is equipped with the latest generation of medical equipment, including scanner and the latest MRI gear, and a complete new ultra modern 20 levels high standard hospital is being built providing more space per bed and the best technology and care. The Cardio-thoracic centre (CCM) on the port of Monaco attracts patients from around Europe. The CCM provides each patient with the services of a team boasting extensive experience and expertise enabling them to offer medical and surgical treatment for all thoracic and cardiovascular diseases in both children and adults. In 2010, CCM was nominated by Siemens as the first Siemens European Reference Centre for Cardiovascular Medicine. Monaco’s haemodialysis centre is, for its part, renowned for the treatment of kidney failure.
HSH Prince Albert II, Monaco’s Head of State
Monaco, along with Liechtenstein and Vatican City, is one of just three states in Europe where the monarch continues to play an active role in day-to-day politics. His Serene Highness Prince Albert II, the reigning monarch and head of state, was born on March 14th, 1958. He married the Olympic swimmer Ms Charlene Wittstock on 1 & 2 July 2011, and she has since been referred to as Her Serene Highness Princess Charlene of Monaco. Under what is known as a constitutional Monarchy, executive power is held by the Prince, and legislative power is divided between the Prince, who initiates laws, and the National Council (equivalent to the state parliament), which votes on them. The Minister of State (Monaco’s equivalent to a Prime Minister) and the National Council directly refer to the Prince for the state’s administration.
Judiciary powers also belong to the Prince, who has executive authority in the Principality’s courts and tribunals. Any revision of the Constitution must, however, be jointly agreed by the Prince and the National Council. The Prince represents the Principality in all foreign relations. Prince Albert II is especially very active in global environmental affairs, and to this end, the organisation bearing his name, the Prince Albert II Foundation was formed in 2006, dedicated to the protection of the environment and the promotion of sustainable development on a global scale.