Getting a job in Monaco (Montecarlo)

Hey everyone, I'm looking for advices from people who had a previous work experience in Montecarlo, Monaco.

I've heard the compensations are very high there (as high as they could be in Switzerland), but with a greater lifestyle (sun and sea-life helps apparently) and the fiscal framework is more than decent as well btw.

From the little I know, it's a bit hard to hit a position there since they're very "elitists" and usually favorise the locals for the employment (or french)

Thanks in advance :)