🇲🇨 Monaco vs 🇬🇧 United Kingdom
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇨 Monaco | 🇬🇧 United Kingdom |
|---|---|---|
| Tax System | Zero Tax | Non-Dom Regime |
| Income Tax (Foreign) | 0% | 20-45% |
| Capital Gains Tax | 0% | 0% (non-dom, unremitted) |
| Corporate Tax | 25% (non-Monaco revenue) | 25% |
| Residency Requirement | €500k+ deposit | Various visas available |
| Minimum Stay | None | Tax residency tests |
| Cost of Living | Very High ($8,000+/mo) | High ($3,500-6,000/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
🇬🇧 United Kingdom
Highlights
- ✅Non-dom status available
- ✅Global financial hub
- ✅English speaking
- ✅Common law
- ✅Strong legal system
Considerations
- ⚠️Non-dom being reformed
- ⚠️High cost of living
- ⚠️Weather
Best For
- 👤Finance professionals
- 👤Non-dom planning
- 👤Global business
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 United Kingdom if: You prioritize non-dom status available and global financial hub. Ideal for finance professionals, non-dom planning, global business.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.