Why live in Monaco?
Becoming a Monaco resident comes with strong fiscal and financial incentives
As a resident, your income and assets will be completely tax free. Our experienced team is here to support you though every step of the process.
UK citizens (and any other citizens but French and US) do not pay any income tax when living in Monaco
Tax on Rental Income
Rental properties are taxed at 1% of the annual rent plus estimated service charges. This tax is payable by the tenant.
Tax on Capital Gains
There is no capital gains tax for UK citizens (and any other citizens but French and US)
Monaco does not levy net wealth taxes for UK citizens
There is typically no property taxes in Monaco
There is no inheritance tax for assets left to your spouse or children
With a majority of English speakers and over 300 sunny days each year, Monaco is one of the safest places in the world and gives you access to the most exclusive events and to a best-in-class education system
A truly cosmopolitan country
Everyone speaks English in Monaco, although the official language is French. With c. 40,000 inhabitants from over 139 different nationalities, Monaco is an incredibly cosmopolitan country
One of the safest place in the world
Monaco has one of the lowest crime rates in the world. Having the highest concentration of millionaires in the world, supercars, super yachts, celebrities, luxury handbags and watches quickly become part of the scenery without drawing attention
Monaco is part of the EU and has the EUR as its currency. You can travel freely across the Schenghen Zone with your resident card.
With Nice airport only 30 minutes-drive away, you can quickly hop on one of the 15-a-day direct UK flights or get to any main airport in the world hassle-free.
The Monaco driving license does not have any penalty points system. However if you don't want to drive, you can use one of the self-service electric bikes, the bus, or even walk - remember it's only 1.5 times as big as Hyde Park!
Best-in-class and affordable education system
Monaco offers several public schools which are amongst the best-ranked in France. There is also an International School for non-French speakers. The International University of Monaco was ranked 15th best in Europe and 37th in the world by the Economist.
Iconic events all year round
Monaco is home of iconic sports events such as the Formula One Grand Prix and the Monte-Carlo Tennis Tournament.
Dreamy Mediterranean climate
Shielded behind the mountains and by the sea, Monaco benefits from a micro-climate 300 sunny day each year with Warm Mediterranean climate
A wide range of activities in the heart of the Cote d'Azur
Enjoy the concerts from true music icons, ballets and operas, shop in one of the 800+ boutiques of the pricinpality, or spend some time in one of the oldest Casinos in Europe, which was decorated by Charles Garnier. You'll also be ideally located to enjoy the beautiful walks, medieval villages and turquoise beaches around the Cote d'Azur - only 1 hour drive from Cannes and 2 hours from Saint Tropez.