Monaco Residency
HOW TO OPEN A BANK ACCOUNT IN MONACO
Opening a bank account in Monaco is one of the essential requirements for obtaining a residence permit. This process can take anywhere from a few days to several weeks, so it is recommended to start it at the very beginning of your relocation project.
BUY AN APARTMENT IN MONACO
Buying or selling a property in Monaco is very easy. There are no restrictions for foreigners. The transaction can be concluded quickly and our team of real estate agents is at your disposal to assist you in all stages of your project to buy, sell or rent in Monaco and on the French Riviera.
TAXATION IN MONACO
One of the advantages of the Principality, in addition to its climate and natural environment, is its so-called soft tax system for individuals. Indeed, the absence of any income tax results from an ordinance issued in 1869 by Prince Charles III. The only direct tax levied in the Principality is the tax on profits from industrial and commercial activities. There is no wealth tax, property tax, or housing tax in the Principality.
