๐Ÿ‡ฌ๐Ÿ‡ท Greece vs ๐Ÿ‡ฒ๐Ÿ‡จ Monaco

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡ฌ๐Ÿ‡ท Greece๐Ÿ‡ฒ๐Ÿ‡จ Monaco
Tax SystemNon-Dom RegimeZero Tax
Income Tax (Foreign)โ‚ฌ100k flat tax option0%
Capital Gains Tax0% (foreign, non-dom)0%
Corporate Tax22%25% (non-Monaco revenue)
Residency RequirementGolden Visa (โ‚ฌ250k property)โ‚ฌ500k+ deposit
Minimum StayNone for visaNone
Cost of LivingModerate ($1,800-3,000/mo)Very High ($8,000+/mo)

๐Ÿ‡ฌ๐Ÿ‡ท Greece

Highlights

  • โœ…โ‚ฌ100k flat tax regime
  • โœ…Beautiful islands
  • โœ…EU membership
  • โœ…Golden visa available
  • โœ…Great lifestyle

Considerations

  • โš ๏ธBureaucracy
  • โš ๏ธEconomic history
  • โš ๏ธLanguage barrier

Best For

  • ๐Ÿ‘คHigh-net-worth individuals
  • ๐Ÿ‘คGolden visa seekers
  • ๐Ÿ‘คLifestyle migrants

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 Greece if: You prioritize โ‚ฌ100k flat tax regime and beautiful islands. Ideal for high-net-worth individuals, golden visa seekers, lifestyle migrants.

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.