Monaco is a thriving place of people of different ethnic groups. The principality is also a beautiful place that prides itself on its rich scenery and the history that it possesses. The presence of lenient tax laws has also contributed to its popularity among the wealthy. Presently, Prince Albert II from the House of Grimaldi is the ruler of this Principality whose mandate is granted by the constitution as a constitutional monarch hence giving him immense political power. France, which surrounds the principality, is responsible for the defense of the territory alongside two divisions of Monaco security forces. As a member of the United Nations, Monaco participates in the decision-making process since it has voting rights like other members. The ethnic composition of Monaco is diverse, with large French, Monegasque, Italian, British, Belgian, German, Swiss, American populations among others.
Largest Ethnicities of Monaco
French - 28.4%
This was due to happen since the principality is surrounded by France in all but one side (Mediterranean Sea). The close proximity to France has encouraged French citizens to migrate into Monaco and in the process making them the majority. This influx has also seen the French language become widespread. In the past, France once occupied the principality even after enduring the disruptions of two major wars that ended with the signing of peace treaties. These treaties guaranteed Monaco of its independence. During the years of French occupation, thousands of French soldiers lived here and some families who came from France and gradually forming the majority. Due to this, the French language is used in drafting the Monaco government policy, in laws and in other official communication.
Monegasques - 21.6%
Interestingly, the Monegasques, being those native to Monaco, are a minority within the country. The influx of people from other nations, predominately the French, outnumber that of the Monegasques. The Monegasque language, however, has come from the brink of extinction to one of the major languages of Monaco due to government intervention. The language is used to label the road signs prominently alongside French in the city streets. The government of Monaco has also ensured that Monegasque is taught in schools books written in this language are stocked in libraries across Monaco. The Monegasque language is also spoken by the current ruler, Prince Albert II, who publicly used it during his coronation.
Italian - 18.5%
Italians are the third largest ethnicity in Monaco. Many Italians feel at home in Monaco due to the long history of the Italian language in the country. Italian was the official language of Monaco from 1815 to 1861. During the Italian occupation of Monaco during the Second World War, Italian was again used. In addition, the second husband of Princess Caroline of Monaco was an Italian citizen. Immigration of Italians has ensured that the Italian population and language is thriving in the nation.
British - 7.5%
The British in Monaco are mainly expatriates and tourists who come to savor the beauty of Monaco. Since their immigration to Monaco, the British citizens have acquired citizenship and settled in Monaco where they have brought their language and customs to Monaco and ensuring that 7.5% of the population are British.
Tourism to Monaco
International tourists who are often members from wealthy families and investors from other countries migrate to Monaco to enjoy the tax breaks that the principality gives. They can come from African countries, South American countries, Asian and Middle Eastern nations who now own houses and high-end properties in Monaco. The warm weather too attracts tourists as well as the famous Monte Carlo Casino where the rich gamble away their time and money. The Grand Prix is also a crowd puller in Monaco as formula one enthusiasts flock here during the world circuit competition to see the top drivers battle for the top prizes. The local football club, AS Monaco which participates in the French League 1 and the Champions League, also brings in foreign soccer stars and fans to Monaco whenever the team is in action.