Monaco Residency
HOW TO OPEN A BANK ACCOUNT IN MONACO
Opening a bank account in Monaco is one of the 4 main conditions to obtain a residence card in Monaco. As the opening procedure can take between a week and a few months, it is strongly recommended to start the process of opening a bank account in Monaco as early as possible in your relocation project in Monaco. Indeed, many banks in Monaco will allow you to open an account without having a direct debit in Monaco.
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 is not only its climate and its natural environment, a so-called soft taxation for natural persons, indeed the absence of any income tax results from an ordinance taken 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.
