Working conditions in the country are highly favourable due to a number of reasons. Economic success gives rise to more jobs, unrests are unheard of, unemployment rate is low, government assures safety in the workplace and working conditions are encouraging.
Monegasque economy thrives on tourist industry and related businesses, and needless to say the biggest employers. The opening of the world famous casino in Monte Carlo was just the start, and there has been no looking back. Financial services institutes and banking are the second most important sectors in terms of employment. Since, Monaco does not levy tax on money earned, many corporations and individuals rush to invest in the country. Next comes the industrial sector, which is rather limited but none the less offers job options in cosmetics, food products and pharmaceuticals.
Monegasque government gives preference to job seekers. Monaco nationals get first preference. Next come foreigners married to Monegasque or individuals with at least one Monegasque parent. In third place are foreigners residing in Monaco and have worked in the principality before. In last place are foreigners who live in Monaco and can be legally employed.
All foreigners wishing to work in Monaco must hold a valid work permit. Permits are job specific, meaning if you change jobs you have to get a new permit. Foreigners can live in Monaco legally without working initially provided they meet all other requirements.
Casual employment opportunities are fairly common in Monaco. Many families seek out Au pairs to look after small children. There are also jobs on yachts, hotels and restaurants. The best way is to just go through the local newspapers.