๐Ÿ‡จ๐Ÿ‡ท Costa Rica vs ๐Ÿ‡ฒ๐Ÿ‡จ Monaco

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡จ๐Ÿ‡ท Costa Rica๐Ÿ‡ฒ๐Ÿ‡จ Monaco
Tax SystemTerritorialZero Tax
Income Tax (Foreign)0% (foreign income)0%
Capital Gains Tax0% (foreign)0%
Corporate Tax30%25% (non-Monaco revenue)
Residency RequirementRentista ($2,500/mo income)โ‚ฌ500k+ deposit
Minimum StayNone requiredNone
Cost of LivingModerate ($1,800-3,000/mo)Very High ($8,000+/mo)

๐Ÿ‡จ๐Ÿ‡ท Costa Rica

Highlights

  • โœ…Stable democracy
  • โœ…No army, peaceful
  • โœ…Beautiful nature
  • โœ…Good healthcare
  • โœ…Large expat community

Considerations

  • โš ๏ธHigher cost than neighbors
  • โš ๏ธBureaucratic processes
  • โš ๏ธSome areas touristy

Best For

  • ๐Ÿ‘คRetirees
  • ๐Ÿ‘คNature lovers
  • ๐Ÿ‘คFamilies

๐Ÿ‡ฒ๐Ÿ‡จ Monaco

Highlights

  • โœ…Zero personal income tax
  • โœ…Ultra-safe
  • โœ…Mediterranean climate
  • โœ…Prestigious address
  • โœ…EU border access

Considerations

  • โš ๏ธExtremely expensive
  • โš ๏ธTiny country
  • โš ๏ธHard to get residency

Best For

  • ๐Ÿ‘คUltra-high-net-worth
  • ๐Ÿ‘คF1 enthusiasts
  • ๐Ÿ‘คYacht 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?

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