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Travel tips for Monaco The Principality of Monaco, located on the Mediterranean coast, is otherwise completely surrounded by France and is close to the Italian border. Income tax and inheritance tax are not levied in Monaco. Due to this, the tax haven and home of the Grimaldi family is popular as a residence for the worlds' wealthy.
Monaco is host to vast numbers of tourists who come to the country every year to watch the famous Formula One Monaco Grand Prix. It is also well known for its casino and gambling industry. Tourists can easily find accommodation in one of the many hotels in Monaco.
Monaco is actually only one city which is basically made up of six districts (quarters) Monte Carlo with the Casino, La Condamine and the port , Fontvieille, Le Larvotto famous for the artificial beach, Les Moneghetti and the exotic garden, Monaco-Ville and the castle. Monaco is the second smallest country in the world by surface area behind the Vatican.
The city state has a Mediterranean climate with pleasantly mild winters and warm summers. Annual precipitation is 804 mm and the total number of sunshine hours count 2,583 per year.
The famous Monte Carlo Casino, Port Hercule, the Palace, the Cathedral, the Oceanographic Museum, the Prince's Museum of vintage cars, the Jardin Exotique de Monaco, the Japanese Garden and the Princess Grace Rose Garden.
The closest airport is in Nice, in France which is linked to Monaco by helicopter shuttle, trains and buses.
Monaco also has two harbours, Port Hercule and Port de Fontvieille. Both of these ports are popular with luxury yachts. West of the heliport is the port of Cap d'Ail.