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Monaco
Monaco Property Forum - Buying and Investing in Properties, Selling and Renting Real Estate Online
Monaco information on selling properties, investing and buying real estate, where to list a property for sale or rent, mortgages and finance, property insurance, property taxes, currency exchange rates and real estate laws.
Monaco is a small sovereign city-state located in Western Europe which lies on the northern coast of the Mediterranean Sea and is completely enclosed by France. Monaco is often regarded as a tax haven, and many of its inhabitants are wealthy and from foreign countries making up a majority of the population, at around 84%.
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Monaco is a Constitutional Monarchy and Principality. The Grimaldi family has ruled over Monaco since 1297 and the state's sovereignty was officially recognized by the Franco-Monegasque Treaty of 1861. Despite being independent, Monaco’s defense is still the responsibility of France. Monaco is the world’s most densely populated sovereign country, and the world's smallest French-speaking country.
Monaco levies no income tax on individuals. The absence of a personal income tax in the principality has attracted to it a considerable number of wealthy "tax refugee" residents from European countries who derive the majority of their income from activity outside Monaco; celebrities such as Formula One drivers attract most of the attention, but the vast majority of them are less well-known business people.
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Selling properties, investing and buying real estate, where to list a property for sale or rent, mortgages and finance, property insurance, property taxes, currency exchange rates and real estate laws in Monaco