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Monaco became surrounded by France, when the Kingdom of Sardina ceded the County of Nice to France in the Treaty of Turin (1860). The next year, in 1861 The Kingdom of Sardinia became a part of the Kingdom of Italy. Monaco had been a Protectorate of Sardinia, and managed to survive these changes, avoiding integration with France or Italy.
François Grimaldi was the leader of a group of Genoese that seized the Rock of Monaco. His cousin Rainier was the first Grimaldi ruler of the area now known as Monaco. Rainier I, Lord of Cagnes (1267–1314) Under Genoese control from 10 April 1301 to 12 September 1331 Lords of Monaco: Charles I (?–1357) 12 September 1331 15 August 1357
Template: History of Monaco. 3 languages. ... Print/export Download as PDF; Printable version; In other projects Wikidata item;
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CIA Factbook Entry for Monaco; History of Monaco: Primary documents (in French) Order of the doctors of Monaco (in French) La Principauti - The first monthly newspaper of Monaco, available also on line in 3D version "Official Statistical Report 2006 (with detailed information about the 10 wards)" (PDF) (in French). (1.24 MiB)
Monaco has become a major banking centre and sought to diversify into the services sector and small, high-value-added, non-polluting industries. Monaco is a tax haven; it has no personal income tax (except for French citizens) and low business taxes.