# Monaco personal tax context Monaco does not generally levy personal income tax on individuals domiciled there, but that does not end another country's tax claims. The France-Monaco convention creates a material citizenship-linked exception, and fiscal residence evidence requires more than holding a residence card. Scope: Baseline personal-income and cross-border residence context, particularly the France-Monaco convention; not business-profit tax, wealth/property charges, inheritance, social contributions or personal tax planning. Jurisdiction: Monaco. Sources reviewed 2026-09-17; review due 2026-12-16. General information, not personal tax advice. Nationality, tax residence and source of income are different questions. Consult the tax authority or a qualified adviser for your circumstances. ## No general resident personal income tax Monaco does not impose personal income tax on individuals domiciled in its territory. That statement is not a worldwide tax exemption: French-national treaty rules and another jurisdiction's residence or source-income rules must be considered separately. Evidence: conditional. [France Directorate General of Public Finances (DGFiP): France-Monaco tax convention: taxation of individuals (BOI-INT-CVB-MCO-10)](https://bofip.impots.gouv.fr/bofip/12995-PGP.html/identifiant=BOI-INT-CVB-MCO-10-20210602). Source location: I, paragraph 1; I-A residence analysis and I-B income treatment. ## Residence evidence for fiscal formalities For a fiscal-formalities residence certificate, foreign nationals need a valid residence card, accommodation and supporting residence evidence. Principal stay means at least 183 days a year, or fewer if physical presence in Monaco exceeds that in each other country. The home is considered only when principal stay cannot be determined; the principal centre of activities is another criterion, subject to bilateral agreements. The certificate does not override another country's law. Evidence: conditional. [Monaco Directorate of Legal Affairs, Legimonaco: Sovereign Ordinance No. 8.566: residence certificates, including fiscal formalities](https://legimonaco.mc/tnc/ordonnance/1986/03-28-8.566/); [France Directorate General of Public Finances (DGFiP): France-Monaco tax convention: taxation of individuals (BOI-INT-CVB-MCO-10)](https://bofip.impots.gouv.fr/bofip/12995-PGP.html/identifiant=BOI-INT-CVB-MCO-10-20210602). Source location: Ordinance 8.566 Article 3; BOFiP I-A distinguishes treaty residence and French domestic criteria. ## French nationals: worldwide French taxation French nationals moving to Monaco are generally taxed in France on worldwide income under the 1963 convention. Defined exceptions include qualifying historic residents, continuous residents from birth, and certain family or official cohorts. French-Monegasque dual nationals are treated as Monegasque for this convention; another second nationality alone is not sufficient. Evidence: conditional. [France Directorate General of Public Finances (DGFiP): France-Monaco tax convention: taxation of individuals (BOI-INT-CVB-MCO-10)](https://bofip.impots.gouv.fr/bofip/12995-PGP.html/identifiant=BOI-INT-CVB-MCO-10-20210602). Source location: I-A-1 paragraphs 10–110; I-A-2 paragraphs 120–190; I-A-3 paragraph 200; I-B-1 paragraph 220. ## Foreign-source taxation can remain French nationals outside the convention's worldwide-income rule can still owe French tax on French-source income under nonresident rules. Income class matters: property and pension rules have specific qualifications. Monaco residence alone does not establish exemption at source or remove filing obligations abroad. Evidence: conditional. [France Directorate General of Public Finances (DGFiP): France-Monaco tax convention: taxation of individuals (BOI-INT-CVB-MCO-10)](https://bofip.impots.gouv.fr/bofip/12995-PGP.html/identifiant=BOI-INT-CVB-MCO-10-20210602). Source location: I-B-2 paragraphs 320–370. ## Third-country treaty relief is not automatic French nationals deemed French-domiciled by this convention are not thereby French residents for France's treaties with third countries. BOFiP nevertheless provides a capped foreign-tax credit for relevant foreign investment income. Treaty residence and relief therefore need their own analysis. Evidence: conditional. [France Directorate General of Public Finances (DGFiP): France-Monaco tax convention: taxation of individuals (BOI-INT-CVB-MCO-10)](https://bofip.impots.gouv.fr/bofip/12995-PGP.html/identifiant=BOI-INT-CVB-MCO-10-20210602). Source location: I-B-1-d paragraph 260. ## Scope and limitations - General information only. The Monaco certificate rule is for fiscal formalities, not a universal residence ruling binding foreign authorities. French-national exceptions, source taxation, third-country treaties and other taxes require individual advice; no zero-total-tax conclusion is supported. This packet does not establish the complete treatment of Monaco-source receipts earned by people resident elsewhere. ## Explore this passport - [Passport rank and travel access](https://multipassrank.com/passport/monaco) - [Citizenship requirements](https://multipassrank.com/passport/monaco/citizenship) - [Country-profile JSON, including sources and scoped requirements](https://multipassrank.com/api/v1/country-profiles/MC) - [Multiple-citizenship policy guide](https://multipassrank.com/dual-citizenship-countries) [Canonical page](https://multipassrank.com/passport/monaco/taxes)