We work with private banks and wealth-management institutions in the Principality of Monaco. Monaco is suitable exclusively for clients with substantial wealth: most institutions require minimum deposits of EUR 500,000 to EUR 3,000,000. An in-person visit is generally required.
Monaco is one of the most exclusive financial centres in the world. The principality manages private wealth in the billions and offers first-class wealth-management services under French and EU law. There is no income tax for non-French residents, no capital-gains tax and no inheritance tax in the direct line.
Monaco has been a CRS member since 2018. Since 2024 Monaco has been on the FATF grey list, with a return to the white list expected for June 2026. Banks continue to operate without restriction; the grey-list status affects compliance requirements for applicants, not the stability of the institutions.
All figures are indicative and subject to change. Not investment advice.
EU account registers, EAPO, bail-in risk and de-banking — the full picture.
Five steps from order to activated account.
CRS, FATCA and national reporting obligations explained clearly.
What the EU Bank Recovery and Resolution Directive means for depositors.
Not sure if this fits? Free consultation →
Proof of address and phone number must come from the same country — and that must be a genuine residence, not a PO box address. Our Nomad Package sets up a recognised address in the Philippines, including all required documents. Fully remote, no travel required. Ready in 1–2 weeks.
All information is provided for general guidance only and does not constitute legal, tax, or financial advice. Regulations and bank policies change; always verify current requirements before proceeding.