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How does that compare with your current tax system? Comment below 👇🏼   Monaco residency tax system - Applicable to all nationalities except the French (bilateral agreement).   - No Personal Income Tax for residents in Monaco, regardless of the income type (salary, dividends, capital gains, rental income, etc.).   - No Capital Gain Tax on the sale of securities, real estate or other personal asset, whether those are in Monaco or outside.   - No Wealth Tax (worldwide asset).   - No Inheritance or Gift Tax on the assets located outside Monaco. When the asset is in Monaco, there is 0% inheritance tax when passed to your children/spouse, and then scaling up to 16% when passed to a more distant relative, or unrelated person.   - For residents who set up a business in Monaco carrying commercial or industrial activities only, and generate more than 25% of the business revenue outside Monaco, then you will have a 25% corporate tax on the business profit. If you generate more than 75% of ...

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