Moving to Monaco from Paris.
What a high earner from Paris keeps after income tax at home and in Monaco, on 2026 rules. For a French national the gap on income is $0, under the 1963 convention. For any other passport, $441K a year on $1M.
In short, current to October 2026
- On $1M of income, a single filer in Paris owes $441K in income tax, an effective 44%, on Patrician.ch's 2026 model. In Monaco, which has levied no personal income tax since 1869, the figure is $0 for a non-US national who is not French.
- A French national who moves to Monaco stays taxed by France under the 1963 Franco-Monegasque convention, so on income the gap is $0. A non-French national leaving Paris keeps $441K more a year on $1M, $4.4M over 10 years.
- A US citizen owes US federal income tax on worldwide income wherever they live, so in Monaco a US citizen on the same $1M still owes $320K on the engine's federal floor.
- For a French or other EU passport the route into Monaco is a straightforward permit: residence card with proof of accommodation and a local bank relationship. Nationals from outside the EEA and Switzerland route through a French long stay visa first. The flight from Paris is 1h 35m nonstop.
- Figures are current to October 2026 and modeled on 2026 headline brackets for a single filer. Not tax, legal or immigration advice.
Official sources: Légimonaco, Government of Monaco, Légifrance. Checked against them on .
Source: the Patrician.ch board, an original ranking of 100 residence addresses across 47 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to October 2026. Updated . Cite as: Patrician.ch, Moving to Monaco from Paris 2026: tax, residence and the catch, patrician.ch/answers/moving-to-monaco-from-paris/, October 2026.