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Monaco – Land of the Very Rich

Oh Monaco

Home to Monte Carlo Rally and Monaco Grand Prix, its astounding location, natural harbour and casinos make it a very popular spot along the French Riviera (Côte d’Azur). Only 3 miles long and 1.5 miles wide (about the size of New York’s Central Park), this is the second-smallest country in the world, right after Vatican City.


Monaco is 9 miles east of Nice in France – which has the nearest international airport available. If you have a lot of spare cash, you may arrive by helicopter in 7 minutes from Nice airport. I took a short TER train ride on a late afternoon from Villefranche (starting from Nice, actually) for just a few euros, and alighted at this shiny, elegant underground station, a stark contrast from the other quaint train stations we passed by earlier.

Monaco • The Petite WanderessMonaco • The Petite WanderessMonaco • The Petite Wanderess

It was my second time in this sovereign state. There aren’t many things to do here, perhaps you could visit and note the famous corners of the annual F1 race that takes place on a May weekend; or check out the casinos (some require entry charges); check out the facade of the palace before you walk down to the port; or visit the Oceanographic Museum.

Monaco travel • The Petite Wanderess
Submarine Anorep 1, outside the Oceanographic Museum. Built in 1966, coincidentally the same year that Beatles’ song was released, this was actually the first submarine of Jacques Cousteau, who was also director of the museum for 31 years.

Monaco & the Rich

It’s difficult to not feel impressed by the riches flaunted in full view in this country, such as seeing the number of yachts docked at the ports at any one time. This country is definitely full of extremely wealthy inhabitants, reportedly, one in every three persons is a millionaire.

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Monaco • The Petite Wanderess
Prince’s Palace

Monaco • The Petite Wanderess

Monaco • The Petite Wanderess
Francois Grimaldi, the royal dynasty’s 13th century founder

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Monaco has a population of about 35,500 – 38,000. With its small area, it has one of the highest population density in the world. If you’re thinking of gaining citizenship in this country where citizens don’t need to pay income tax, you’ll have to at least make a bank deposit of about €300,000 – € 1million, depending on the bank.

Monaco • The Petite Wanderess

Monaco • The Petite Wanderess
Place du Casino

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Public transport in Monaco

Even if you are not driving around in a swanky car, Monaco has a modern and efficient bus transport system that benefits everyone.Monaco • The Petite WanderessMonaco • The Petite Wanderess

The main language spoken in Monaco is French. Euros is the currency being used here. A few hours would suffice to be spent in Monaco.

Visited: Nov 2013
Information sources: Yellow Submarine information (source) | Population stats (source) | Visit Monaco | Public bus system

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  1. Monaco has been on my must-visit list for more than a decade! the pictures are lovely, as always.. now I have a renewed urge to tick this off someday!

    1. Thank you so much for the compliment, Cayce! <3 The private yachts at Monaco are a crazy amount, so much wealth! I'll recommend coming by from Nice and do town-hopping along the way-- there're also many charming places to visit along the French Riviera such as Eze, Villefranche, Cannes (I didn't get to visit Cannes though), etc! Monaco will do for an evening out, hehe!

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