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Monaco · French Riviera

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Monaco · French Riviera

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Frequently asked questions

Buying and living on the Riviera, answered.

Is there income tax in Monaco?
Monaco levies no personal income tax on its residents (French nationals excepted under a bilateral treaty), no wealth tax, no local property tax and no capital gains tax on the sale of a primary residence. This tax regime is the single biggest driver of demand for Monaco real estate.
Can foreigners buy property in Monaco?
Yes. There are no restrictions on foreign ownership in Monaco — buyers of any nationality may purchase freely. Acquisition costs (notary and registration fees) run around 6% on a resale, and the transaction is handled by a Monégasque notaire.
How do I become a Monaco resident?
Residency requires accommodation in Monaco (ownership or a lease), proof of sufficient financial means (typically a deposit with a Monaco bank) and a clean criminal record. Non-EU nationals first obtain a French long-stay visa. The residence card is issued for one year, then renewed.
What does it cost to buy on the French Riviera?
Indicative prime price-per-square-metre ranges from roughly €16,000 in the hinterland to over €100,000 in Monaco's Carré d'Or. France charges notary and registration fees of about 7–8% on resales; new-builds are lower. See our Riviera Prime Index for values by district.
How does yacht chartering work?
A charter is priced per week, plus an Advance Provisioning Allowance (APA, typically 25–35%) covering fuel, provisioning and port fees, billed separately. The French Riviera is Europe's leading charter market, and berths in Monaco's Port Hercule are among the scarcest assets in the world.
How does MonacoTop work?
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