Navid MoazzezNavid Moazzez

Moving to Monaco

Visas and residency, citizenship, tax, company and banking, cost of living and the places to live in Monaco, in one place.

Navid Moazzezby Navid Moazzez·Updated Sept 29, 2026·2 min read·
Western Europe
Monaco
No income tax10 years to citizenshipInternet 117 Mbps · 270 on fast lines
Your passport
MonacoWestern Europe · Video: James Anthony · Pexels

Thinking about moving to Monaco?

Here's how long you can stay, the ways to live there for good, what you'd pay in tax and what everyday life costs, each figure from an official source.

In this guide, I'll show you:

  • How long you can stay, by passport
  • How long citizenship takes
  • How tax works, with the rates
  • What it costs, and the internet and safety
  • The basics: capital, currency and languages

Pick your passport at the top of the page, and the stay rule shows for you.

key_takeaways.mdTL;DR

Key takeaways

Monaco has no personal income tax.
Citizenship takes about 10 years.

Monaco at a glance

Top income tax rate
0%
none system
To citizenship
0 years
dual citizenship: no
Typical download
0 Mbps
fastest quarter 270 Mbps

How long can you stay in Monaco?

It depends on the passport you hold.

Here's the rule for the most common ones:

US passport
Rule
Visa-free
Stay
90 days
UK passport
Rule
Visa-free
Stay
–
EU passport (German)
Rule
Visa-free
Stay
90 days
Canadian passport
Rule
Visa-free
Stay
90 days
Australian passport
Rule
Visa-free
Stay
–
Indian passport
Rule
Visa needed
Stay
–

For any other passport, pick yours at the top, or see every country on the visa-free countries map.

Citizenship in Monaco

Naturalization takes about 10 years of residence.

Dual citizenship isn't allowed, so you'd give up your passport.

Work out your own timeline with the second passport calculator.

Tax in Monaco

Monaco has no personal income tax.

See where it sits among every country on the territorial tax map.

The main rates:

  • Lowest income tax band – 0%
  • Top income tax rate – 0%
  • Corporate tax – 0%
  • VAT or sales tax – 20%

Where you're a tax resident usually comes down to days.

Count yours with the 183-day rule calculator.

Company and banking

Compare the banks and cards that work for people abroad in the bank account finder.

Move money for less with the money transfer comparison.

Many people who live abroad run a US LLC instead; check yours with the US LLC for non-residents checker.

Internet in Monaco

In M-Lab's open speed tests across Monaco over the last 12 months, half came in above 116 Mbps download.

The fastest quarter of lines came in above 270 Mbps, closer to a good fiber connection (32,804 tests).

Test your own line when you arrive with my internet speed test.

Monaco: the basics

WhatMonaco
CapitalMonaco
Currencyeuro (EUR)
LanguagesFrench, English, Italian
Populationabout 38,682

From GeoNames' country data (CC BY 4.0).

More tools for Monaco

Monaco FAQs

Visa-free, for 90 days.

Pick another passport at the top of the page to see its rule.

It depends on your passport.

Pick yours at the top of the page to see the days, and whether you need a visa first.

Not that I've found in official sources as of 2026-09-29.

The digital nomad visa finder lists every country that has one.

About 10 years of residence.

No.

You'd give up your other passport to naturalize.

Monaco has no personal income tax.

Check the details with a tax adviser before you move.

Half of M-Lab's tests there came in above 116 Mbps download over the last 12 months.

The fastest quarter of lines passed 270 Mbps.

The euro (EUR).

The main languages are French, English and Italian.

Navid Moazzez

AI business strategist & AI OS builder

Navid Moazzez helps creators and founders master AI and build their own AI Operating System (AI OS) to automate their business and life.

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