Monaco
Monaco levies no personal income tax on residents who are genuinely established there, so dividends, gains and interest from a UK portfolio or company are untaxed locally. The catch is cost and proof: residence needs a Monaco home and a Monaco bank reference, banks in practice expect a large deposit, and French nationals stay taxable in France. There is no UK double tax treaty, only an information-exchange agreement.
Latitax verdict
No personal income tax for non-French residents and no wealth tax, in the heart of Europe.
Ideal for: Very wealthy individuals and families who want Europe without the tax.
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Headline figures. Conditions, thresholds and every note are in the full file.
Income tax, top rate
Verified0%
Capital gains
Verified0%
Inheritance / estate
Verified0% to children and spouses
Wealth tax
UnverifiedNone
Corporate tax
Verified25% (only if more than 25% of turnover is outside Monaco)
Tax system
VerifiedNo personal income tax
Research, not advice. Rates change; confirm with a qualified professional before acting. 6 official sources, reviewed 2026-09-29.