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 176 of 199 destinations. Alongside Iceland and United States, it sits among the world's strongest travel documents. Holders cover 88% of the world without advance visa arrangements, placing them well above the global average. Of the 176 accessible destinations, 116 require no visa at all, 8 accept an electronic travel authorization, 52 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.

Bloc and regional context

Monaco is a member of the European Union, granting holders the right to live, work, and study across 27 EU member states plus 4 Schengen associates.

Where Monaco passport holders can travel

Monaco passport holders have visa-free or visa-on-arrival access to the following 155 destinations:

AlbaniaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBoliviaBosnia and HerzegovinaBotswanaBrazilBulgariaBurundiCabo VerdeCambodiaCanadaChileChinaColombiaComorosCosta RicaCôte d'Ivoire

Show all 155 destinations