'%3e%3cpath%20fill='%23eee'%20d='m0%20256%20258.2-43.3L512%20256v256H0z'/%3e%3cpath%20fill='%23a2001d'%20d='M0%200h512v256H0z'/%3e%3c/g%3e%3c/svg%3e)
Inheritance tax in Monaco 2026
Monaco's inheritance and gift tax reaches only assets — movable or immovable — that sit physically in Monaco; foreign assets are never touched, whatever the deceased's residence or nationality.
Kinship sets the rate: spouses and the direct line pay 0%, siblings 8%, uncles and nephews 10%, other relatives 13%, and unrelated beneficiaries 16%.
At a glance
- top rate
- 16% (unrelated beneficiaries)
- entry band
- 0% for spouses, children, parents and the direct line
- tax year basis
- On the succession or registered gift
- filing deadline
- Assessed per beneficiary on registration
- residency basis
- Monaco-situated assets only, whoever gives or inherits
- regime flag
- Charitable and state bequests exempt
Rates
Inheritance and gift tax by kinship (2026)
| Beneficiary | Rate |
|---|---|
| Spouse and direct line (children, parents) | 0% |
| Siblings | 8% |
| Uncles, aunts, nephews, nieces | 10% |
| Other relatives | 13% |
| Unrelated beneficiaries | 16% |
Thresholds & allowances
- Charity exemption0%
Gifts and bequests of Monaco assets to charitable institutions or the principality
- Trust alternative1.3% / 1.5% / 1.7% registration duty
By number of beneficiaries — or an annual 0.2% election; paying it fully replaces inheritance and gift tax
Residency
Residency trigger
Tax falls on each beneficiary's share, only for assets situated in Monaco — the deceased's or donor's nationality and residence are irrelevant.
Non-resident treatment
Foreign heirs face the same kinship scale on Monaco assets and nothing on anything else; the 1950 treaty with France is the only inheritance treaty.
Notes
- Gifts must be registered and are taxed at the same kinship rates as inheritances.
- Trusts formed or transferred to Monaco pay registration duty of 1.3-1.7% (0.05-0.45% for Monégasque securities), which fully satisfies the tax — a planning route for foreign nationals whose home law allows trusts.
- There is no wealth tax — though French nationals who moved after 1988 face the French real-estate wealth tax on worldwide property.
- A 2019 France-Monaco agreement exempts cross-border charitable donations and bequests.
FAQ
How much inheritance tax is due in Monaco?
0% for spouses and the direct family line, 8% for siblings, 10% for nephews and nieces, 13% for other relatives and 16% for unrelated heirs — and only on assets situated in Monaco.
Are foreign assets caught by Monaco's inheritance tax?
No — the tax reaches only movable and immovable property located in Monaco; everything abroad passes at 0% on the Monaco side.
Figures: tax year 2026, compiled from public sources. Not tax advice.