Bank account in Monaco - documents - tax return

[Sols]

AndyN said:
In other words, will renting in Monaco + owning just outside Monaco + doing your daily shopping and spending in Monaco work?
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If you hate money, this is a great way to risk becoming French tax resident. 😉

You can own property in France, but you need to be careful not to end up French resident for tax purposes by spending too much time there.

Monaco isn't for everyone, and I'm not just talking about money. Some people can't stand how small, shallow, and boring it is/can be. But you need to not give anyone else reason to think you're tax resident anywhere other than Monaco.

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This is the probably the answer to your question.

 

[Martin Everson]

AndyN said:
So, is renting an apartment in Monaco, spending nights at a home outside Monaco and travelling in and out of Monaco every day for more than 183 days in a year, cheating? I want to obey their rules - if they say that the day when you arrive and leave count as a day spent in Monaco then there should not be a problem, I suppose?
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Don't do this. In fact you may want to reassess your plans if real residency is not what you are after.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.