Freedom Score
Monaco to Italy: tax & freedom compared
How does Italy score against Monaco? The Freedom Score weighs six dimensions, built on primary government sources.
Net per month€6,468
Per year vs. Monaco-€12,390
Impatriati 50% exemption · EU · Schengen
Tax
84/100
Residency
87/100
Cost of living
100/100
Living environment
73/100
Mobility
73/100
Ownership
85/100
Compared by dimension
On an average Monaco income of €90,000 gross per year, you keep €77,610 net in Italy: a difference of €12,390 per year compared with Monaco.
- Tax: on this income Italy lands at an effective rate of about 14%, against 0% in Monaco.
- Passport and mobility: from Italy you travel visa-free to 190 countries.
- Residency: on our accessibility scale Italy scores 87 out of 100 for obtaining residency.
- Living environment: banking, internet, safety and healthcare together give Italy a living-environment score of 73 out of 100.
Frequently asked questions
- What is the financial difference between Monaco and Italy?
- On an average Monaco income it differs by roughly €12,390 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