Benefits of living in Monaco
There are many compelling reasons to consider living in Monaco. Here are just a few of them:
- Tax efficient fiscal regime*
- Zero income taxes*
- Zero capital gains taxes*
- Zero wealth tax*
- Zero inheritance taxes for direct heirs*
- Proximity to UK and Northern Europe
- Nice Airport 30 minutes by car and seven minutes by helicopter (two helicopter companies operate in Monaco)
- Warm Mediterranean climate
- Mediterranean Sea for yachting/boating enthusiasts
- Beautiful mountains with four ski resorts within two hours drive
- The Cote d’Azur, Provence and Italy on your doorstep.
- A cosmopolitan international lifestyle.
- English is widely spoken by most people living in Monaco.
- Gastronomy – the cuisine of Monaco embraces the best of Europe
- Cultural activities, music and dance throughout the year
- Regular International Forums
- Major sporting events, including Formula One, Grand Prix Historique and the Monte Carlo Tennis Tournament
*N.B. The listed tax advantages are only applicable to RESIDENTS of Monaco