Monaco nationality refers to the legal status of individuals who are citizens of the Principality of Monaco. To obtain Monegasque nationality, one typically must have resided in Monaco for at least ten years or be born to a Monegasque parent. The nationality is highly sought after due to Monaco's favorable tax laws and luxurious lifestyle. Monegasque citizens enjoy various rights, including the ability to vote and run for public office. The government of Monaco places a strong emphasis on preserving its unique culture and heritage, which is reflected in its nationality laws and policies.