🇲🇨 Monaco vs 🇷🇴 Romania
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇨 Monaco | 🇷🇴 Romania |
|---|---|---|
| Tax System | Zero Tax | Flat Tax |
| Income Tax (Foreign) | 0% | 10% flat |
| Capital Gains Tax | 0% | 10% |
| Corporate Tax | 25% (non-Monaco revenue) | 16% |
| Residency Requirement | €500k+ deposit | EU/EEA free movement |
| Minimum Stay | None | 183 days |
| 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
🇷🇴 Romania
Highlights
- ✅10% flat tax
- ✅EU membership
- ✅Low cost of living
- ✅Good internet
- ✅Tech scene growing
Considerations
- ⚠️Bureaucracy
- ⚠️Infrastructure outside cities
- ⚠️Language barrier
Best For
- 👤EU budget option
- 👤Tech workers
- 👤Digital nomads
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 Romania if: You prioritize 10% flat tax and eu membership. Ideal for eu budget option, tech workers, digital nomads.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.