๐จ๐ท Costa Rica vs ๐ฒ๐จ Monaco
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐จ๐ท Costa Rica | ๐ฒ๐จ Monaco |
|---|---|---|
| Tax System | Territorial | Zero Tax |
| Income Tax (Foreign) | 0% (foreign income) | 0% |
| Capital Gains Tax | 0% (foreign) | 0% |
| Corporate Tax | 30% | 25% (non-Monaco revenue) |
| Residency Requirement | Rentista ($2,500/mo income) | โฌ500k+ deposit |
| Minimum Stay | None required | None |
| Cost of Living | Moderate ($1,800-3,000/mo) | Very High ($8,000+/mo) |
๐จ๐ท Costa Rica
Highlights
- โ Stable democracy
- โ No army, peaceful
- โ Beautiful nature
- โ Good healthcare
- โ Large expat community
Considerations
- โ ๏ธHigher cost than neighbors
- โ ๏ธBureaucratic processes
- โ ๏ธSome areas touristy
Best For
- ๐คRetirees
- ๐คNature lovers
- ๐คFamilies
๐ฒ๐จ Monaco
Highlights
- โ Zero personal income tax
- โ Ultra-safe
- โ Mediterranean climate
- โ Prestigious address
- โ EU border access
Considerations
- โ ๏ธExtremely expensive
- โ ๏ธTiny country
- โ ๏ธHard to get residency
Best For
- ๐คUltra-high-net-worth
- ๐คF1 enthusiasts
- ๐คYacht owners
Which Should You Choose?
Choose Costa Rica if: You prioritize stable democracy and no army, peaceful. Ideal for retirees, nature lovers, families.
Choose Monaco if: You prioritize zero personal income tax and ultra-safe. Ideal for ultra-high-net-worth, f1 enthusiasts, yacht owners.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.