Situated near the Pousada de Sao Tiago on Rua de Sao Tiago da Barra, this monument is a piece of art that illustrates some of Macau's features while also capturing cultural characteristics of the Macanese society. It was established to commemorate the Macau 2001 New Millenium Meeting of the Macanese Communities.

A gift from the overseas Macanese, the Monument to the Macanese Diaspora was inaugurated on December 4th, 2001. It is composed of signature indications of Macau, including a model of the A-Ma Temple representing the traditional Chinese culture, a bronze globe referring to the Portuguese Discoveries and a sculpture of a lotus flower symbolizing Macau.