Monaco

About the Monaco passport

Ranked #9 in the global passport index, the Monaco passport delivers some of the broadest travel freedom in the world, covering 154 of 199 destinations. Alongside Brazil and Iceland, it sits among the world's strongest travel documents. Holders cover 78% of the world without advance visa arrangements, placing them well above the global average. Of the 154 accessible destinations, 108 require no visa at all, 11 accept an electronic travel authorization, 35 offer visa on arrival.

Tax in Monaco

The top marginal income tax rate in Monaco is 0%, with capital gains taxed at 0%. The country operates a zero tax regime, with no income tax liability for residents. For expatriates, the absence of income tax makes Monaco one of the more tax-efficient jurisdictions globally.

Where Monaco passport holders can travel