Monaco – Taxation

Monaco has a unique taxation system that is based on a combination of direct and indirect taxes. The system is designed to attract wealthy individuals and businesses to the country. The tax system in Monaco is administered by the Department of Tax Services. Double Taxation Agreements Monaco has signed double taxation agreements with several countries, … Read more

Monaco – Self-Employment

Monaco is a small principality located on the French Riviera. Despite its size, Monaco has a vibrant economy and is home to many successful entrepreneurs and businesspeople. In this article, we will explore how self-employment and start-ups work for expats in Monaco, including a step-by-step guide on how to register as self-employed or set up … Read more

Monaco – Retail and Consumer Issues

Monaco, located in the French Riviera, is a small but highly affluent country known for its luxury shopping and tourism. In this article, we will explore retail and consumer issues in Monaco, including typical opening hours, major supermarkets, online shopping, expat-specific shops, and consumer rights. Typical Opening Hours and Forms of Payment Shops in Monaco … Read more

Monaco – Residency

Types of residency in Monaco Monaco offers several options for foreign nationals looking to obtain residency status in the country. The types of residency available to foreigners moving to Monaco include: Temporary residence Temporary residence is intended for individuals who will spend less than 12 months in Monaco. This type of residency is ideal for … Read more

Monaco – Property Rental Prices

Typical Rental Prices in Expatriate-Friendly Areas of Monaco Monaco, known for its luxurious lifestyle and stunning Mediterranean coastline, attracts expatriates from around the world. As one of the world’s most exclusive and high-end destinations, rental prices in Monaco can be significantly higher than in many other places. Below, we explore typical rental prices in areas … Read more

Monaco – Rail Travel

Monaco is a tiny country located in the French Riviera and known for its glamorous lifestyle and beautiful coastline. Despite its small size, it has a reliable rail network that connects the country with its neighboring cities. In this article, we will explore the different aspects of rail travel in Monaco, including classes, ticket prices, … Read more

Monaco – Property Taxes

Property tax in Monaco is known as “taxe d’habitation” and is based on the rental value of the property. The tax rate varies depending on the size and location of the property, with rates generally ranging from 0.1% to 1.5% of the property’s rental value. Capital Gains Tax (CGT) CGT is not imposed on the … Read more

Monaco – Property Letting

Understanding the Letting Process in Monaco Monaco, known for its luxury and exclusivity, has a unique real estate market that attracts individuals and investors from around the world. The letting process in Monaco involves several key aspects, including generating rental income, adhering to local rental rules and regulations, crafting rental contracts, determining rental rates, managing … Read more