Business & Finance

Latest news

Explained: Behind the scenes of Monaco’s civil service

More than 5,000 people are employed by the civil service in Monaco, with 75% stationed in government departments and one in four holding Monegasque citizenship.

Monaco’s first high rise, The Schuylkill, getting a €170 million makeover

The Schuylkill, Monaco’s first luxury high rise building and now a bit past its prime, has been saved from demolition by its owner, Sylvia Ratkowski-Pastor, who has decided to give it a remarkable...

Monaco poised to sign major development deal for Grimaldi-owned land in Ventimiglia

The Municipality of Ventimiglia has unanimously approved a plan to develop land owned by Monaco’s Princely Family for a major real estate project that includes an innovative large-scale botanical...

Monaco Nexus: a networking club for Monaco’s tech and business scene

Monaco Nexus, a members club co-founded by Thibault Paulet, is reshaping networking in Monaco, offering a platform for professionals in AI, tech, and business to connect free of charge.

Explained: France’s taxe d’aménagement for building works and renovations

This one-time-only tax applies to all residential development projects that would have required a building permit, such as swimming pools, photovoltaic panels and property extensions.

Property prices at record levels in almost all Monaco neighbourhoods

The average price per square metre for a property in Monaco has soared by almost 40% in a decade and reached an all-time high in five of the Principality’s most unexpected neighbourhoods in 2023.