Taxation in the Principality of Monaco: An Advantage for Real Estate Investors
The taxation in Monaco is one of the most attractive in Europe, making it a favored destination for real estate investors. Discover the main tax benefits that make the Principality a prime location for acquiring real estate.
1. No Personal Income Tax in Monaco
The Principality of Monaco stands out for its complete absence of personal income tax for residents. This unique tax regime attracts many professionals and entrepreneurs looking to maximize their net income without the burden of income tax.
2. Favorable Corporate Tax Regime
Companies established in Monaco benefit from a corporate tax rate of 33.33%. However, those generating more than 25% of their revenue outside Monaco can enjoy a reduced rate of 5%. This incentivizing framework is ideal for business development.
3. Competitive VAT in Monaco
Monaco applies a standard VAT rate of 20%, comparable to that of France. However, certain products may benefit from reduced rates, making the market attractive for consumers.
4. Reasonable Transfer Taxes
Purchasing real estate in Monaco incurs transfer taxes of 7.5% of the sale price, a competitive rate compared to other regions in Europe, further enhancing the appeal of real estate investment in Monaco.
5. No Inheritance Tax
Another significant advantage of taxation in Monaco is the absence of inheritance tax for residents, allowing families to pass on their wealth without taxation.
Investing in Monaco
With a favorable tax framework, Monaco presents an exceptional opportunity for real estate investors. Our real estate agency in Monaco is at your service to assist you with your projects and advise you on the best investment strategies in the Principality.
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