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Why Monaco Residency?
Article courtesy of Roger Munns, International Property Tribune
International property surveys often see Monaco quoted as the most expensive country in the world to buy an apartment, and those that don't have the Principality top will have it in second or third place.
When it comes down to street level, Monaco again frequently tops the surveys with Princesse Grace Avenue the most expensive street in the world to buy real estate.
So it would seem to make sense that Monaco is the most expensive tax haven in the world, affordable only by the ultra wealthy, as part of gaining residency in Monaco requires buying or renting a property.
Surprisingly though this isn't the case...
Article continues here.
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