Freedom Score

United Kingdom to Monaco: tax & freedom compared

How does Monaco score against United Kingdom? The Freedom Score weighs five dimensions, built on primary government sources.

Net per month€4,400
Per year vs. United Kingdom+€1,687

0% income tax since 1869 · 90 min from EU

Tax

100/100

Passport & mobility

73/100

Residency

78/100

Lifestyle

85/100

Compared by dimension

On an average United Kingdom income of €52,800 gross per year, you keep €52,800 net in Monaco: a difference of €1,687 per year compared with United Kingdom.

  • Tax: on this income Monaco lands at an effective rate of about 0%, against 3% in United Kingdom.
  • Passport and mobility: from Monaco you travel visa-free to 143 countries.
  • Residency: on our accessibility scale Monaco scores 78 out of 100 for obtaining residency.
  • Lifestyle: banking, internet, safety and healthcare together give Monaco a lifestyle score of 85 out of 100.

Frequently asked questions

How much do I save by moving from United Kingdom to Monaco?
On an average United Kingdom income it differs by roughly €1,687 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.
Is this tax advice?
No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.
What sources is this based on?
The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.
Order report · €29

Figures from primary government sources. Information, not advice.

Sources

OECD Tax Database · IATA Timatic · Henley Visa Index · Eurostat