Monaco boasts a high-income, service-driven economy focused on luxury tourism, real estate, and financial services. Its attractive tax policies encourage significant foreign investment, particularly from high-net-worth individuals. Government policies emphasize economic diversification and sustainable urban development. Regulatory frameworks are strong and align with EU standards despite Monaco’s non-EU membership. Society enjoys exceptional living standards, with a wealthy, cosmopolitan population. Education and healthcare systems are world-class. Climate-related risks are minimal, but Monaco is investing in renewable energy and green infrastructure to align with environmental goals.