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Moving to Monaco

Europe • Rank #104 for American Expats

65
Overall Score

Overview

Monaco is the ultimate tax haven for the ultra-wealthy - no income tax but requires ~€500k bank deposit for residency.

✅ Highlights

  • ✓No income tax
  • ✓Safest place on earth
  • ✓Mediterranean glamour
  • ✓F1 Grand Prix
  • ✓Casino

⚠️ Challenges

  • !Extremely expensive
  • !Requires ~€500k+ deposit
  • !Tiny (0.78 sq mi)
  • !Exclusive/difficult entry

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