Capital gains tax in Monaco 2026

There is no capital gains tax in Monaco: shares, funds, property and collectibles can be sold with 0% tax on the profit, after any holding period.

The transaction side is where money changes hands — transfers of Monaco real estate carry registration duty when title moves.

At a glance

top rate: 0%
entry band: 0%
tax year basis: Not assessed
filing deadline: None
residency basis: Same for residents and non-residents
regime flag: Property transfers: registration duty on the deal, not the gain

Rates

Capital gains treatment (2026)

Rate	Base	Applies to
0%	—	Gains on shares, funds, property, collectibles and all personal assets
Registration duty	Property value	Transfers of Monaco land and buildings — a transaction charge on title changes
25%	Business profits	Gains arising inside a business with over 25% foreign turnover

Residency

Residency trigger

No residence test matters — the rate is 0% for everyone, French nationals excepted by treaty.

Non-resident treatment

Identical; registration duty on property deals applies to the transaction whoever sells.

Notes

There is no annual real estate tax in Monaco — owning is as untaxed as selling.
French nationals resident in Monaco compute gains under French rules, including the French 31.4% flat tax (from 1 January 2026) on financial gains.
Former home countries' exit taxes can still reach pre-move gains — the 0% covers only Monaco's side.

FAQ

Is there capital gains tax in Monaco?

No — 0% for individuals on every asset class, with no holding-period conditions; only property-transfer registration duty applies, on the transaction.

Is Monaco property taxed annually?

No — there is no annual real estate tax, so holding costs 0%; charges arise only when title transfers, through registration duty.

Figures: tax year 2026, compiled from public sources. Not tax advice.

See capital gains tax in other countries

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