Monaco
No personal income or capital gains tax for residents (except French nationals). Ultra-luxury zero-tax jurisdiction for crypto investors.
FATCA Partner
Yes
FATF Status
Greylist
EU Blacklist
No
Dual Nationality
Allowed
Bitizenship
Not yet
Tax Rates
Activity Taxes
Staking
0%
Mining
0%
DeFi
0%
NFTs
0%
Taxable Events
Crypto → Fiat
Not taxable
Crypto → Crypto
Not taxable
Holding Period
No holding period benefit
All gains tax-free for non-French residents
Regulation & Residency
Regulatory Body
Commission de Contrôle des Activités Financières (CCAF)
Residency Requirement
Must demonstrate financial self-sufficiency; deposit ~€500K+ in Monaco bank; rent/buy property
Reporting Requirements
CRS agreements being enhanced with EU; reporting requirements increasing
Citizenship & Residency Path
Residency via €500K+ bank deposit; citizenship after 10 years (very selective)
Notable Conditions
- →French nationals are excluded from Monaco's zero-tax benefit (taxed under FR-MC arrangements)
- →Extremely high barrier to entry (cost of living, bank deposit requirements)
- →Enhanced CRS reporting protocols coming 2026 with EU
- →Ultra-high net worth destination
Living & Lifestyle
Cost of Living
Highest tier globally
Banking Access
Excellent (world-class private banking)
Quality of Life
Very High (for wealthy individuals)
Lifestyle Scores