01
MCVerified relocation data for the location-independent
Monaco for remote workers.
French-speaking city-state of about 38,900 residents, three-quarters of them foreign nationals. Residents pay no personal income tax (French nationals excepted); a freelancer in an advisory activity owes only flat CAMTI and CARTI contributions, €8,805 a year at the lowest open class, while commercial firms selling mostly abroad pay a 25% profit tax. There is no nomad visa: residence needs housing in Monaco, a Monaco bank's reference and, outside the EEA, a French long-stay visa. Rents and living costs have no official measure.
VerifiedUpdated
1 city · 2 schemes · 4 active paths
MC · SettleMetric
01
At a glance
The headline numbers for Monaco — each with its own source and freshness. A live official figure is not the same as a survey estimate or a 30-year climate normal.
02
Rent, 1–3 bed
03
Freelancer tax
Safety
Internet
6.4/10English
Private health
Crypto
8.0/1002
Cost of living
What a single person spends each month — food, utilities, transport, eating out and the rest — excluding rent.
01Cost of living (single, excl. rent)no verified data—
What this measures
Monthly cost of a defined single-person basket (food, transport, utilities, mobile+internet, modest leisure) excluding rent, curated from national statistics office price data and large local retailers' published prices, converted to USD at the ECB rate recorded in fx-rates. The method field of each value itemizes the basket inputs.
No official measure exists. Monaco runs no household budget survey and has no consumer price index of its own — its statistics office republishes INSEE's index for France as the reference — and no Monaco retailer publishes shelf prices online from which a basket could be priced. Monaco shares France's VAT, excise duties and customs territory, but France's spending figure describes French households, and using it here would present a French number as a Monaco one.
03
Housing
What it costs to rent, by apartment type and location.
04
Safety
How safe daily life is, from official crime statistics.
01Homicide rateno verified data—
What this measures
Intentional homicide victims per 100,000 population, latest available year. Country level: UNODC national series. City level: official municipal/police statistics where published; otherwise null (country value shown as country-level).
No current figure. UNODC's file, read on 2026-10-02, holds Monaco victim counts for 2007 and 2008 only, both zero, and conviction counts to 2015; the World Bank series it feeds has a single value, for 2001. Monaco's own statistics (Monaco en Chiffres 2026) publish the police's total of recorded offences — 888 in 2024 and 1,055 in 2025, the latter on a new recording tool and not comparable — but no homicide count. With some 38,900 residents a single case would move the rate by 2.6 per 100,000, so an old zero would read as a precise result it is not.
OSCE ODIHR Hate Crime Reporting — Monaco
Official source
- Data as of
- Dec 31, 2024
- Verified
- Oct 2, 2026
- Notes
- No official data. ODIHR states that Monaco last reported information on hate crime for the 2013 Hate Crime Report; for 2020-2024 the police-recorded, prosecuted and sentenced figures are all listed as not available.
No official data. ODIHR states that Monaco last reported information on hate crime for the 2013 Hate Crime Report; for 2020-2024 the police-recorded, prosecuted and sentenced figures are all listed as not available.
05
Healthcare
What comprehensive private medical cover costs.
01Private healthcare costno verified data—
What this measures
Median of at least three publicly quoted annual premiums for comprehensive private medical insurance (outpatient + inpatient, ~$100k coverage, small deductible) for a healthy 35-year-old resident foreigner, from local and international insurers. Method field lists the insurers quoted.
Not priced. No insurer publishes a Monaco rate card for a comprehensive private policy, and the price is quote-only. For the self-employed the compulsory public cover is CAMTI, a flat €1,101 a quarter (€4,404 a year) in 2025-2026.
06
Money & crypto
Crypto rules and how freely personal money moves.
01Crypto regulationLegal regulated8.0
What this measures
Own classification of the legal status of holding, trading and cashing out cryptocurrency for individuals: legal-friendly (legal with clear, favourable rules or explicit tax exemptions), legal-regulated (legal under standard licensing/AML and taxation), restricted (partial bans: payments or banking access prohibited), banned (holding/trading prohibited). Classified from national regulators' and central banks' official positions.
Official source
- Data as of
- Jul 22, 2022
- Verified
- Oct 2, 2026
- Notes
- Legal and licensed. Act 1.528 (Journal de Monaco, 22 July 2022) lists the services on digital assets and crypto-assets — exchange, trading platforms, issuance, custody, order execution, advice — and makes their provision in Monaco subject to prior approval by the Minister of State after a consultative commission, or to authorisation by the Commission de Contrôle des Activités Financières for services on financial tokens. Nothing restricts individuals holding or trading crypto-assets. There is no tax on an individual's gains because residents pay no personal income tax, French nationals excepted.
02Financial control levelModerate7.0
What this measures
Own composite of state control over personal money flows: currency/capital controls (IMF AREAER), restrictions on foreign accounts and transfers, mandatory income declaration scope for residents, cash payment limits, banking access for foreigners. Low = free movement of personal funds and easy non-resident banking; very-high = strict capital controls and pervasive reporting. Method field on each value lists the inputs used.
Official source
- Data as of
- Aug 5, 2025
- Verified
- Oct 2, 2026
- Method
- Composite of three inputs, each read at its source on 2026-10-02. (1) The European Commission's page (last updated 9 January 2026) lists Monaco among the high-risk third countries with strategic deficiencies in their anti-money-laundering regimes, in force from 5 August 2025 and still listed after the December 2025 amendments (Delegated Regulations 2026/46 and 2026/83); EU banks and other gatekeepers must apply enhanced checks to business relationships and transactions involving such countries (Article 18a of Directive 2015/849 as amended by Directive 2018/843). (2) Monaco's own cash rule is loose: professionals may not make or receive cash payments of €30,000 or more for goods or services, with customer due diligence from €10,000 (Act 1.362, art. 35, as replaced by Act 1.503 of 23 December 2020). (3) A residence permit for anyone not living on a salary or business income needs a reference from a Monaco bank attesting sufficient funds. The euro is Monaco's currency. The listing is what lifts the level: every relationship between a Monaco resident or company and an EU bank now carries enhanced due diligence → 'moderate'.
- Notes
- The listing is a consequence of the FATF's increased-monitoring process and should lift when that ends; re-check after each FATF plenary and EU amendment. It does not restrict a resident's own transfers, but it slows account opening and payments with EU institutions.
07
Infrastructure
Internet speed and how parcels get to your door.
01Domestic delivery qualityGood7.0
What this measures
Quality of in-country parcel delivery. excellent = nationwide next-day widely available, dense parcel-locker network, real-time tracking standard; good = 1–3 day delivery, lockers in major cities; basic = reliable but slow (3–7 days), mostly to-door or post-office pickup; poor = unreliable delivery, street addresses often unusable, informal workarounds common. Classified from official service/coverage data of the national postal operator and the two largest private carriers; inputs itemized in each value's method field.
Curated by SettleMetric
La Poste Monaco — post offices and parcel services
- Data as of
- Oct 2, 2026
- Verified
- Oct 2, 2026
- Method
- Classified from La Poste Monaco's own pages, read on 2026-10-02: seven post offices (Monte-Carlo, Condamine, Fontvieille, Moulins, Monaco-Ville, Herculis, Grimaldi Forum) and a multi-parcel platform in Jardin Exotique, all within the 2 km² of the Principality; Colissimo home delivery with or without signature at D+2 across France, and Chronopost express. Monaco's postal service is provided by France, and the Franco-Monegasque convention of 18 May 1963 governs postal relations (La Poste Monaco's own history page). No source for parcel lockers in Monaco was found, so the top band is not given → 'good'.
02International delivery easeMinor friction7.0
What this measures
Ease of receiving goods from abroad. seamless = major international carriers deliver door-to-door, meaningful duty-free de-minimis threshold, customs clearance predictable in days; minor-friction = carriers present but low de-minimis, extra paperwork or routine delays; significant-friction = frequent customs holds, high brokerage fees, some marketplaces refuse to ship; unreliable = parcels regularly lost or blocked, informal import channels dominate. De-minimis thresholds and clearance rules from the national customs authority (official source, cite the regulation); carrier presence from carriers' official pages.
Official source
MonEntreprise.mc — Tax in Monaco (customs union with France; Monaco inside the EU customs territory)
- Data as of
- Jul 1, 2026
- Verified
- Oct 2, 2026
- Notes
- Monaco and France form a customs union under the Customs Convention of 18 May 1963, the French Customs Code applies in Monaco, and Monaco is part of the EU customs territory although it is not an EU member, so goods arrive on EU terms. Parcels from the EU single market arrive like domestic ones; for non-EU imports the EU removed the €150 duty-free threshold and since 1 July 2026 charges a temporary flat customs duty per item on consignments up to €150, collected through La Poste for postal items.
03Internet speed84Mbps, median fixed download6.4
What this measures
Median fixed-broadband download speed over the trailing 6 months from M-Lab NDT open data (CC0), aggregated at country or city level. Not comparable with Ookla figures (different test methodology) — do not mix sources within this criterion.
Open data
M-Lab NDT country aggregates for Monaco
- Data as of
- Dec 31, 2023
- Verified
- Oct 2, 2026
- Method
- Median of the 342 daily country-median download values for MC in 2023 (4,102 download tests; daily medians ranged 7.8-261.0 Mbps). 2023 is the year used for 25 of the dataset's countries; M-Lab's 2024 file for Monaco covers only 86 days and 975 tests.
- Notes
- M-Lab NDT is a single-stream test and reads well below advertised fibre speeds; it is comparable only within this criterion. A small country with few tests per day gives a noisy daily series, which is why the median of daily medians is used.
08
Language
How far English gets you in daily life and services.
01English proficiencyno verified data—
What this measures
Own banding of how far English gets a resident in daily life (government offices, healthcare, housing, services). Informed by EF EPI band (research source, cited with attribution, not republished) plus official language status and service-sector realities. Values are our bands, not EF scores.
Not banded. EF does not rank Monaco, and French is the only official language. With three-quarters of residents foreign — the British are the third-largest community after the French and Italians — English is widely heard, but no measurement supports a band, so none is given.
09
Demographics
Who else lives here — the share of foreign residents and the largest national communities, from official statistics.
IMSEE — Monaco en Chiffres 2026, 2.1 Population résidente (Recensement de la population 2025)
Official source
- Data as of
- Dec 31, 2025
- Verified
- Oct 2, 2026
- Notes
- 29,524 of the 38,857 residents counted in 2025 are not Monegasque nationals: Monegasques number 9,333 (24.0%), and a Monegasque with a second nationality is counted only as Monegasque. Since 2023 the census is built from registers (the Mairie for nationals, residence-permit data for adult foreigners, schools for children), with the few remaining children estimated from the 2016 census. Monegasques are the largest single nationality (in 2016 the French were: 9,286 against 8,378).
IMSEE — Monaco en Chiffres 2026, Évolution de la population résidente selon la nationalité
Official source
- Data as of
- Dec 31, 2025
- Verified
- Oct 2, 2026
- Notes
- Residents with several nationalities are counted in each of their communities (Monegasques excepted), so the groups overlap and do not add up to the foreign total; shares are IMSEE's own, of the whole population. The largest foreign communities are the French (8,270, down 1.2% on 2024) and Italians (7,559); Ukrainians numbered 361, up from 99 in 2016.
Residents with several nationalities are counted in each of their communities (Monegasques excepted), so the groups overlap and do not add up to the foreign total; shares are IMSEE's own, of the whole population. The largest foreign communities are the French (8,270, down 1.2% on 2024) and Italians (7,559); Ukrainians numbered 361, up from 99 in 2016.
10
Your tax options
- 01Sole trader, advisory or other civil activity — CAMTI and CARTI contributions onlyfixed 1,101 per comp.period.quarter14.7%burden at €60k
- 02Sole trader, commercial activity selling mostly abroad — 25% profit tax plus CAMTI and CARTIfixed 1,101 per comp.period.quarter + fixed per year by annual revenue: 77,832 up to 125,000; 136,206 up to 250,000; 194,580 up to 375,000; 252,954 up to 500,000; 311,328 up to 625,000; 369,702 up to 750,000; 428,076 up to 875,000; 490,341.6 up to 1,000,000; 552,607.2 up to 1,125,000; 614,872.8 up to 1,250,000; 677,138.4 up to 1,375,000; 739,404 up to 1,500,000; 801,669.6 up to 1,625,000; 863,935.2 up to 1,750,000; 926,200.8 up to 1,875,000; 988,466.4 up to 2,000,000; 1,050,732 up to 2,125,000; 1,112,997.6 up to 2,250,000; 1,175,263.2 up to 2,375,000; 1,237,528.8 up to 2,500,000; 1,299,794.4 up to 2,625,000; 1,362,060 up to 2,750,000; 1,424,325.6 up to 2,875,000; 1,486,591.2 up to 3,000,000; 1,548,856.8 up to 3,125,000; 1,611,122.4 up to 3,250,000; 1,673,388 up to 3,375,000; 1,735,653.6 above (deductible from profit)14.7%burden at €60k
See what you would keep
Your income against Monaco's real tax schemes — the same engine as the full calculator.
- 1 Sole trader, advisory or other civil activity — CAMTI and CARTI contributions only51,195 EURnet/year14.7% burden
- 2 Sole trader, commercial activity selling mostly abroad — 25% profit tax plus CAMTI and CARTI51,195 EURnet/year14.7% burden
11
Your legalization options
- 01Visa-free short stay (Schengen rules via France)Visa-free stayUS citizens, UK citizens, Ukrainian citizensMonaco issues no short-stay visas of its own: a stay of under three months needs a passport and, where France requires one, a Schengen visa3 mo
- 02Residence permit (carte de séjour) for residents with housing and sufficient meansTemporary residenceAll citizenshipsRequired for anyone aged 16 or over who stays in Monaco more than three months a year or settles there1 yr +→ PR path
- 03Self-employed sole trader — business permit, then a residence permitFreelance permitAll citizenshipsBusiness permit from the Business Development Agency (foreign nationals apply for authorisation; Monegasques declare), online or on paper, with ID, birth certificate and a criminal-record extract under three months old; statutory review period 45 days from notice that the application is admissible1 yr +→ PR path
- 04Temporary protection for displaced Ukrainians with ties to a Monaco residentSpecial programUkrainian citizensUkrainian national residing in Ukraine before 24 February 20221 yr
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Who is Monaco for?
The same place reads differently depending on why you move. Each lens pulls the facts that matter most for that plan — with sources, and the trade-offs stated plainly.
Contract or freelance in tech, billing clients abroad.
Works in your favour
Curated by SettleMetric
- Data as of
- Oct 1, 2025
- Verified
- Oct 2, 2026
- Method
- Best eligible scheme at €60,000 revenue and no expenses = mc-sole-trader-civil, an advisory activity outside the profit tax: no income tax; CAMTI 4 × €1,101 = €4,404; CARTI class 2, the lowest class open without an income test, 4 × €1,100.16 = €4,400.64. Levies €8,804.64 → 14.67%. The commercial route (mc-sole-trader-commercial) gives the same figure at this income, because the operator's deductible remuneration (€77,832 at turnover up to €125,000) exceeds the profit. The contributions are flat, so the rate falls as income rises.
- Notes
- Social contributions, not tax: Monaco levies no personal income tax on its residents. French nationals are the exception — they are taxed by France under the 1963 convention — and are not covered by this figure.
La Poste Monaco — post offices and parcel services
Curated by SettleMetric
- Data as of
- Oct 2, 2026
- Verified
- Oct 2, 2026
- Method
- Classified from La Poste Monaco's own pages, read on 2026-10-02: seven post offices (Monte-Carlo, Condamine, Fontvieille, Moulins, Monaco-Ville, Herculis, Grimaldi Forum) and a multi-parcel platform in Jardin Exotique, all within the 2 km² of the Principality; Colissimo home delivery with or without signature at D+2 across France, and Chronopost express. Monaco's postal service is provided by France, and the Franco-Monegasque convention of 18 May 1963 governs postal relations (La Poste Monaco's own history page). No source for parcel lockers in Monaco was found, so the top band is not given → 'good'.
Watch-outs
M-Lab NDT country aggregates for Monaco
Open data
- Data as of
- Dec 31, 2023
- Verified
- Oct 2, 2026
- Method
- Median of the 342 daily country-median download values for MC in 2023 (4,102 download tests; daily medians ranged 7.8-261.0 Mbps). 2023 is the year used for 25 of the dataset's countries; M-Lab's 2024 file for Monaco covers only 86 days and 975 tests.
- Notes
- M-Lab NDT is a single-stream test and reads well below advertised fibre speeds; it is comparable only within this criterion. A small country with few tests per day gives a noisy daily series, which is why the median of daily medians is used.
EF English Proficiency Index 2025 — no Monaco entry (the Monaco country page answers 404)
Research
- Data as of
- Nov 1, 2025
- Verified
- Oct 2, 2026
- Notes
- Not banded. EF does not rank Monaco, and French is the only official language. With three-quarters of residents foreign — the British are the third-largest community after the French and Italians — English is widely heard, but no measurement supports a band, so none is given.
Official source
- Data as of
- Dec 31, 2025
- Verified
- Oct 2, 2026
- Notes
- No official measure exists. Monaco runs no household budget survey and has no consumer price index of its own — its statistics office republishes INSEE's index for France as the reference — and no Monaco retailer publishes shelf prices online from which a basket could be priced. Monaco shares France's VAT, excise duties and customs territory, but France's spending figure describes French households, and using it here would present a French number as a Monaco one.
Relocating with a partner and school-age children.
UNODC — Intentional homicide data (bulk file data_cts_intentional_homicide.xlsx, July 2026)
Open data
- Data as of
- Dec 31, 2025
- Verified
- Oct 2, 2026
- Notes
- No current figure. UNODC's file, read on 2026-10-02, holds Monaco victim counts for 2007 and 2008 only, both zero, and conviction counts to 2015; the World Bank series it feeds has a single value, for 2001. Monaco's own statistics (Monaco en Chiffres 2026) publish the police's total of recorded offences — 888 in 2024 and 1,055 in 2025, the latter on a new recording tool and not comparable — but no homicide count. With some 38,900 residents a single case would move the rate by 2.6 per 100,000, so an old zero would read as a precise result it is not.
Caisses Sociales de Monaco — CAMTI contribution 2025-2026
Official source
- Data as of
- Oct 1, 2025
- Verified
- Oct 2, 2026
- Notes
- Not priced. No insurer publishes a Monaco rate card for a comprehensive private policy, and the price is quote-only. For the self-employed the compulsory public cover is CAMTI, a flat €1,101 a quarter (€4,404 a year) in 2025-2026.
EF English Proficiency Index 2025 — no Monaco entry (the Monaco country page answers 404)
Research
- Data as of
- Nov 1, 2025
- Verified
- Oct 2, 2026
- Notes
- Not banded. EF does not rank Monaco, and French is the only official language. With three-quarters of residents foreign — the British are the third-largest community after the French and Italians — English is widely heard, but no measurement supports a band, so none is given.
Optimising tax, banking and crypto rules.
Works in your favour
Official source
- Data as of
- Jul 22, 2022
- Verified
- Oct 2, 2026
- Notes
- Legal and licensed. Act 1.528 (Journal de Monaco, 22 July 2022) lists the services on digital assets and crypto-assets — exchange, trading platforms, issuance, custody, order execution, advice — and makes their provision in Monaco subject to prior approval by the Minister of State after a consultative commission, or to authorisation by the Commission de Contrôle des Activités Financières for services on financial tokens. Nothing restricts individuals holding or trading crypto-assets. There is no tax on an individual's gains because residents pay no personal income tax, French nationals excepted.
Official source
- Data as of
- Aug 5, 2025
- Verified
- Oct 2, 2026
- Method
- Composite of three inputs, each read at its source on 2026-10-02. (1) The European Commission's page (last updated 9 January 2026) lists Monaco among the high-risk third countries with strategic deficiencies in their anti-money-laundering regimes, in force from 5 August 2025 and still listed after the December 2025 amendments (Delegated Regulations 2026/46 and 2026/83); EU banks and other gatekeepers must apply enhanced checks to business relationships and transactions involving such countries (Article 18a of Directive 2015/849 as amended by Directive 2018/843). (2) Monaco's own cash rule is loose: professionals may not make or receive cash payments of €30,000 or more for goods or services, with customer due diligence from €10,000 (Act 1.362, art. 35, as replaced by Act 1.503 of 23 December 2020). (3) A residence permit for anyone not living on a salary or business income needs a reference from a Monaco bank attesting sufficient funds. The euro is Monaco's currency. The listing is what lifts the level: every relationship between a Monaco resident or company and an EU bank now carries enhanced due diligence → 'moderate'.
- Notes
- The listing is a consequence of the FATF's increased-monitoring process and should lift when that ends; re-check after each FATF plenary and EU amendment. It does not restrict a resident's own transfers, but it slows account opening and payments with EU institutions.
Curated by SettleMetric
- Data as of
- Oct 1, 2025
- Verified
- Oct 2, 2026
- Method
- Best eligible scheme at €60,000 revenue and no expenses = mc-sole-trader-civil, an advisory activity outside the profit tax: no income tax; CAMTI 4 × €1,101 = €4,404; CARTI class 2, the lowest class open without an income test, 4 × €1,100.16 = €4,400.64. Levies €8,804.64 → 14.67%. The commercial route (mc-sole-trader-commercial) gives the same figure at this income, because the operator's deductible remuneration (€77,832 at turnover up to €125,000) exceeds the profit. The contributions are flat, so the rate falls as income rises.
- Notes
- Social contributions, not tax: Monaco levies no personal income tax on its residents. French nationals are the exception — they are taxed by France under the 1963 convention — and are not covered by this figure.
Prioritising safety, air, and an easy daily life.
Works in your favour
La Poste Monaco — post offices and parcel services
Curated by SettleMetric
- Data as of
- Oct 2, 2026
- Verified
- Oct 2, 2026
- Method
- Classified from La Poste Monaco's own pages, read on 2026-10-02: seven post offices (Monte-Carlo, Condamine, Fontvieille, Moulins, Monaco-Ville, Herculis, Grimaldi Forum) and a multi-parcel platform in Jardin Exotique, all within the 2 km² of the Principality; Colissimo home delivery with or without signature at D+2 across France, and Chronopost express. Monaco's postal service is provided by France, and the Franco-Monegasque convention of 18 May 1963 governs postal relations (La Poste Monaco's own history page). No source for parcel lockers in Monaco was found, so the top band is not given → 'good'.
UNODC — Intentional homicide data (bulk file data_cts_intentional_homicide.xlsx, July 2026)
Open data
- Data as of
- Dec 31, 2025
- Verified
- Oct 2, 2026
- Notes
- No current figure. UNODC's file, read on 2026-10-02, holds Monaco victim counts for 2007 and 2008 only, both zero, and conviction counts to 2015; the World Bank series it feeds has a single value, for 2001. Monaco's own statistics (Monaco en Chiffres 2026) publish the police's total of recorded offences — 888 in 2024 and 1,055 in 2025, the latter on a new recording tool and not comparable — but no homicide count. With some 38,900 residents a single case would move the rate by 2.6 per 100,000, so an old zero would read as a precise result it is not.
Official source
- Data as of
- Dec 31, 2025
- Verified
- Oct 2, 2026
- Notes
- No official measure exists. Monaco runs no household budget survey and has no consumer price index of its own — its statistics office republishes INSEE's index for France as the reference — and no Monaco retailer publishes shelf prices online from which a basket could be priced. Monaco shares France's VAT, excise duties and customs territory, but France's spending figure describes French households, and using it here would present a French number as a Monaco one.
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Cities
1 city
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Video reviews
Hand-picked YouTube tours and living-here guides — each one checked to still play.
How to move to Monaco: residence permits, taxes, citizenship
traveleconomics · The legal routes in one overview
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