How Is It To Live In Monaco

But how is daily life in Monaco?

Why Monaco? Why do many millionaires and billionaires live in Monaco? Is it good to live in Monaco?
For many people the first thought, when they think of Monaco is that it's a place with the richest population and no tax.
But Monaco is much more than that, we can ensure.

One of the best reasons to move to Monaco is, that it is one of the most saftest places in the world!
It is liberating to live in a country, that has a close to zero crime as possible. There are police officers everywhere, and many are civilian.
Most streets are video-surveilled and Monaco has zero tolerance for crime. Everyone feels totally safe in Monaco.

Beside that the population are extremely friendly and actually very helpful-much more than you can expect.
Most residents care about each other and do what they can to help. It makes us feel at home.
Most residents are very open minded. It is normal, that if you have seen someone 3-4 times in the supermarket etc you start to say "bonjour".
If you have been to a café or restaurant some few times, the employees will ask "comment ca va?" (how are you?).

Monaco is very clean. Every day all streets are cleaned. The population has a high discipline and it is not often you find trash etc on the street.
Monaco is very beautiful and is surrounded by the mountains and the Mediterranean Sea. The weather is very good most of the year, and the sun is shining nearly every day.
It is a very international community, and there are many children and good schools. We have the International School of Monaco and the International University of Monaco as well.

There are a lot of activity for children and young people.

In Monaco you will also find a lot of sport activities in all categories, and there are great fitness centers and many personal coaches as well.

The daily costs for living are not expensive. It is like in France.
But the real estate prices are the highest in the world. The country is very small and there are only 2 possibilities if more apartment is needed.
That is to break down a building and build a higher building or build in the sea.

Because the prices have increased nearly every year the last 40 years in Monaco many investors buy real estate in Monaco as an investment and rent it out on a long-term basis.

Someone says Monaco is like a Disney Land for adults. There are many restaurants, café, night clubs etc.
Many huge activities take place in Monaco. To mention but a few we have Formula 1, the worlds biggest yacht show,
Rallye Monte Carlo, Rolex Masters Tennis, Top Marques and International Jumping every year.

If you like to gamble, there are many Casino´s in Monaco whereof Casino Monte Carlo is the most famous.

When you visit Port Hercule you will find some of the world's most fantastic yachts,
and Monaco also have the very huge and impressive yacht club.

The Port of Fontvieille is big as well and beautiful located below the rock and the Prince Palace.
There are many international associations in Monaco, where you can be member so it is quite easy to meet other people with the same interesses.

It is easy to get to the Airport of Nice. You can go by a helicopter in 10 minutes. But by car or the high way bus it takes only 35 minutes as well.

Monaco has a very good hospital Centre Hopitalier Princesse Grace. Beside that we have IM2S as well plus of course a huge range of doctors, specialists etc.
You are in safe hands in Monaco.

There are about 38.000 inhabitants in Monaco.

How to move to Monaco? Can you just move to Monaco? No, you need to get a Resident Card at the Police. There is a procedure for this.

But before you ask for it, you need two things. You need to find a place to live in Monaco and to open a bank account in Monaco.
You need of course your passport and personal papers (birth certificate, marriage certificate, divorce certificate, clean criminal report etc)
When you have this, you can apply for a Resident Card.

We can help you with everything in this process. Just call us at +33 64 06 16 500 or email us at info@mmfo.eu

Owner information

Mediterranean Multi Family Office
9 Boulevard Albert 1er
98000 Monaco
Monaco
Telefon: +33 64 39 14 317 or +33 64 06 16 500
Mail: info@mmfo.eu

What personal data do we collect and process?

Mediterranean Multi Family Office collects and stores all information that you enter on our websites or that you provide when using our services. In addition, we collect information that is automatically sent to us from your equipment.

The information we collect may include but is not limited to:

Information that you provide when you are created as a customer / user or use the services we provide
Information provided in connection with correspondence through our site or correspondence sent to us
Additional information that you may provide via social media or other third party services.

In addition to the information that you provide to us, we automatically collect the information sent to us from your computer, mobile device or other equipment.

This information includes, but is not limited to:

Information about your interaction with our sites and services, including, but not limited to, device ID, device type, geolocation information, computer and connection information, pageview statistics, traffic to and from our website, referral URL, IP address and default weblog information, and
Information collected via cookies and similar technologies.

What do we use your personal data for?

We use the information we have about you for a variety of purposes, including:

Process your queries and orders
Provide products, services, service and customer support to you
Improve our products, services, services and websites
Enable your use of our services and websites
Customize our websites and services for you
Get a better understanding of how our websites are used so we can improve them
Send you business information, including order confirmations, invoices, etc.
Send you newsletters and marketing by email. e-info if you have given your consent
Conduct market research about our customers, their interests, trends and customer behavior
Manage, diagnose and correct problems on our websites
Prevent or establish illegal activity or protect or enforce rights, and
Avoid or counter security breaches.

We only process and store data about you that is necessary, relevant and sufficient to fulfill the purposes mentioned above. We do not store personal data for longer than permitted by law and delete personal data when they are no longer needed for the above purposes.

Checking and updating personal data

We verify that the personal data we process about you is not inaccurate or misleading. We also make sure to update your personal data on an ongoing basis. As our service depends on your data being accurate and up-to-date, we ask that you provide us with relevant changes to your data

Obtaining and withdrawing consent

We will obtain your consent before processing your personal data for the purposes described above, unless we have a legal basis for obtaining it. We inform you of such a basis and of our legitimate interest in processing your personal data.

Your consent is voluntary and you can withdraw it at any time by contacting us.

Disclosure of personal data

We do not disclose personal data to third parties except in the following specific cases:

You have given your express consent to the disclosure
The disclosure is made to trusted companies or individuals who process personal data for us based on our instructions and in accordance with our privacy policy and other applicable confidentiality and security measures. These companies or individuals are not permitted to use your information for their own purposes
When we are required to disclose information in connection with a witness summons, court order or other applicable legal or legal process
When we believe in good faith that the disclosure of information is necessary to prevent or respond to fraud, defend our websites against attacks, or protect the property and security of our business, customers and users, or the public safety.

Mediterranean Multi Family Office does not disclose personal data about you to third parties for their own marketing purposes, unless you have explicitly agreed that the information may be disclosed for such purposes.

With these parties, data processing agreements (DPAs) have been concluded in accordance with the GDPR regulations.

Where is your personal data stored?

The personal data is stored with us and our data processor, which stores and processes personal data on our behalf in accordance with this personal data policy and the applicable personal data protection legislation. for personal data protection is in accordance with the requirements we have set out in this privacy policy and as a result of applicable law.

Protection of personal data

We protect your information through technical and administrative security measures (such as firewalls, data encryption, and physical and administrative access controls for data and servers) that limit the risk of loss, misuse, unauthorized access, disclosure and change.

Access your personal data

You have the right at any time to know what data we process about you and what we use it for. You can also find out how long we keep your personal data and who receives data about you to the extent that we pass on data in Denmark and abroad.

If you request, we may inform you of the data we process about you. However, access may be restricted for the privacy of other persons, for trade secrets and intellectual property rights.

You also have the right to receive the personal data you have provided to us. You also have the right to transfer this personal data to another service provider. If you wish to exercise your right to data transfer, you will receive your personal data from us in a commonly used format.

Correction or deletion of personal data

If you believe that the personal data we process about you is incorrect, you have the right to have it corrected. Simply contact us and tell us what you want to get fixed.

If you believe that your personal data is no longer necessary for the purpose for which we obtained it, or if you believe that your personal data is being processed in violation of law or other legal obligations, you can always request that get them deleted.

When you make a request to have your personal data corrected or deleted, we will investigate whether the conditions are met and, if so, make changes or deletions as soon as possible.

Objection or complaint against processing of personal data

You have the right to object to our processing of your personal data. If your objection is justified, we will cease processing your personal data. You also have the right to complain about the processing of information and data concerning you. Complaints are filed with the Data Inspectorate.

Changing Privacy Policy

We reserve the right to change this Privacy Policy so that we comply with applicable law at all times. The latest updated version of the Privacy Policy applicable at any time can be found at www.mmfo.eu

Do you have comments or questions?

If you have any comments or questions regarding our collection or processing of personal data, you are always welcome to contact us by email: info@mmfo.eu

Your Professional
International Advisor

Your Professional
International Advisor

Your Professional
International Advisor

Your Professional
International Advisor

Your Professional
International Advisor

Your Professional
International Advisor

Your Professional
International Advisor

But how is daily life in Monaco?

There are a lot of activity for children and young people.

When you visit Port Hercule you will find some of the world's most fantastic yachts,
and Monaco also have the very huge and impressive yacht club.

There are about 38.000 inhabitants in Monaco.