🇲🇨 Monaco vs 🇰🇭 Cambodia
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇨 Monaco | 🇰🇭 Cambodia |
|---|---|---|
| Tax System | Zero Tax | Territorial |
| Income Tax (Foreign) | 0% | 0% (foreign income) |
| Capital Gains Tax | 0% | 0% (foreign) |
| Corporate Tax | 25% (non-Monaco revenue) | 20% |
| Residency Requirement | €500k+ deposit | Business visa renewable |
| Minimum Stay | None | None required |
| Cost of Living | Very High ($8,000+/mo) | Very Low ($800-1,500/mo) |
🇲🇨 Monaco
Highlights
- ✅Zero personal income tax
- ✅Ultra-safe
- ✅Mediterranean climate
- ✅Prestigious address
- ✅EU border access
Considerations
- ⚠️Extremely expensive
- ⚠️Tiny country
- ⚠️Hard to get residency
Best For
- 👤Ultra-high-net-worth
- 👤F1 enthusiasts
- 👤Yacht owners
🇰🇭 Cambodia
Highlights
- ✅Zero tax on foreign income
- ✅Dollar economy
- ✅Very easy visa
- ✅Low cost of living
- ✅Growing expat scene
Considerations
- ⚠️Developing infrastructure
- ⚠️Healthcare limited
- ⚠️Corruption issues
Best For
- 👤Budget nomads
- 👤Adventurous types
- 👤Dollar earners
Which Should You Choose?
Choose Monaco if: You prioritize zero personal income tax and ultra-safe. Ideal for ultra-high-net-worth, f1 enthusiasts, yacht owners.
Choose Cambodia if: You prioritize zero tax on foreign income and dollar economy. Ideal for budget nomads, adventurous types, dollar earners.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.