🇲🇨 Monaco vs 🇵🇭 Philippines
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇨 Monaco | 🇵🇭 Philippines |
|---|---|---|
| Tax System | Zero Tax | Territorial (residents) |
| Income Tax (Foreign) | 0% | 0-35% |
| Capital Gains Tax | 0% | 6-15% |
| Corporate Tax | 25% (non-Monaco revenue) | 25% |
| Residency Requirement | €500k+ deposit | SRRV ($50k deposit) |
| Minimum Stay | None | None required |
| Cost of Living | Very High ($8,000+/mo) | Very Low ($1,000-2,000/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
🇵🇭 Philippines
Highlights
- ✅English widely spoken
- ✅Very low cost of living
- ✅Beautiful islands
- ✅Friendly people
- ✅Easy residency
Considerations
- ⚠️Infrastructure varies
- ⚠️Typhoon season
- ⚠️Bureaucracy
Best For
- 👤Retirees
- 👤Budget nomads
- 👤English-speaking Asia
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 Philippines if: You prioritize english widely spoken and very low cost of living. Ideal for retirees, budget nomads, english-speaking asia.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.