Monaco: Where Wealth Meets the Mediterranean

The helicopter from Nice takes seven minutes. Below, the Côte d'Azur unfolds like a property brochure: the curve of the Baie des Anges, the marinas of Antibes and Villefranche, and then Monaco itself — a vertical city compressed into a space smaller than Hyde Park, yet home to more wealth per square metre than anywhere on Earth.

Monaco is not for everyone, and makes no apology for this. The principality exists to serve those who have succeeded — in business, in investment, in the various endeavours that generate the kind of wealth that requires careful stewardship. It offers security, discretion, and a tax regime that rewards rather than punishes prosperity. It also offers, not incidentally, rather good weather and some of the finest hotels and restaurants in Europe.

For those who've recently sold a business, achieved a liquidity event, or otherwise arrived at the point where money is no longer a constraint but time...