Monaco
Head to head

Monaco vs Vaduz.

Monaco leaves about $181K more of a $1M income in hand each year than Vaduz, on the Patrician.ch 2026 model. 🇲🇨 Monaco against 🇱🇮 Liechtenstein, compared on tax, residence, cost and the life.

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In short, current to October 2026

  • On $1,000,000 of income, Monaco takes an effective 0% and Vaduz takes 18%, so Monaco leaves about $181K more in hand each year on the Patrician.ch 2026 model.
  • Neither Monaco nor Vaduz taxes a capital gain on a disposal by a resident individual, so a liquidity event realized after residence begins is not taxed locally in either.
  • Neither Monaco nor Vaduz is modeled on a special regime for arriving foreigners, so both run on ordinary resident rates.
  • Inheritance, what a child pays: nothing in Monaco, nothing in Vaduz.
  • Route in: Monaco has no standard investment route. Vaduz by Lump sum residence.
  • Cost of the life is 125 in Monaco against 95 in Vaduz on the Patrician.ch index where Zurich is 100, and safety 10 against 10 of 10. Both are Patrician.ch editorial indices scored by us, not published statistics.

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, Monaco vs Vaduz (Liechtenstein): tax, residence and cost 2026, patrician.ch/compare/monaco-vs-vaduz/, October 2026.

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By the Patrician.ch research desk · Updated 29 October 2026 · 7 min read
Monaco
Monaco 🇲🇨 Monaco
Vaduz, Liechtenstein
Vaduz 🇱🇮 Liechtenstein
MonacoVaduz
Effective tax at $300K0%14%
Effective tax at $1M0%18%
Effective tax at $3M0%19%
Kept after tax at $1M$1M$819K
Capital gains0%0%
Inheritance tax, childrennothingnothing
Cost index (Zurich 100)12595
A 200 m² prime home, US$$12.5MNot published
Prestige of address (editorial)10/106/10
Safety10/1010/10
Schools8/106/10
Sun hours2,7001,600
Supercar street index#1#90
Routes inStandard permitsLump sum residence
Net millionaire flow, 2025 forecast (country, Henley)n/an/a
Flight from London2h 10m nonstop1h 50m nonstop
Flight from New York8h nonstop7h 45m nonstop
See these 2 places for your own income.Monaco and Vaduz, side by side on your income, passports and family. Free, in the ranking of all 100. Then the Dossier: a written report in 10 chapters on the 3 places that rank first for you. The Dossier is $500. The founding price, $250, holds until 31 October.
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Head to head

Effective income tax rate, % of income, at 3 incomes

$300K$1M$3MMonaco0%0%0%Vaduz14%18%19%

Note: single filer, not a US citizen

Source: Patrician.ch 2026 tax model, built on official tax authority rates

Simplified marginal model, indicative 2026 brackets, non-US single filer, no social contributions, deductions, wealth taxes, or treaties. Inheritance is shown as it falls on a child, current to October 2026.

By profile

How each profile reads.

For an executive on salary

Monaco keeps more of a $1M salary, $181K a year on this model. Vaduz (Liechtenstein) answers with the life itself.

For a founder with an exit

Capital gains land at 0% in both. Vaduz levies an annual wealth tax, top rate 0.8%. Monaco levies none.

For a family

Monaco leads on schools and sun, Vaduz (Liechtenstein) on a lower cost. Safety is level.

Questions

Which keeps more of a $1M income, Monaco or Vaduz?

Monaco, by about $181K a year on Patrician.ch's 2026 model.

Monaco takes an effective 0% of $1,000,000 and Vaduz takes 18%. At $3,000,000 the rates are 0% and 19%.

Which taxes capital gains less, Monaco or Vaduz?

Neither taxes them. Monaco and Vaduz both levy no capital gains tax on a resident individual.

Which is better for inheritance, Monaco or Vaduz?

Neither charges a spouse or children. Vaduz levies no inheritance tax at all, and Monaco exempts close family.

Monaco exempts a spouse, children and parents. Siblings pay 8% and others up to 16%. Liechtenstein abolished inheritance and gift tax in 2011.

Which is cheaper to live in, Monaco or Vaduz?

Vaduz, at 95 on the Patrician.ch cost index against 125 for Monaco, where Zurich is 100.

Safety scores 10 of 10 in Monaco and 10 of 10 in Vaduz, schools 8 and 6. These are Patrician.ch editorial indices, not published statistics.

The Dossier: Monaco, Vaduz, and the third you have not considered.A written report on the 3 places that rank first for you, on your income, a sale, your passports and your family. 10 chapters, written the moment you pay. Every tax figure carries its official source and the date it was last checked. The Dossier is $500. The founding price, $250, holds until 31 October. Refunded in full within 7 days of delivery, no reason needed.
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The income tax of Monaco and Vaduz, side by side on 2026 rates. Your readers type their own salary and the places reorder. Free on any site, with the credit line under it.

<iframe src="https://patrician.ch/embed/compare/?c=mco,vdz&inc=1000000" title="Income tax in Monaco and Vaduz, Patrician.ch" width="100%" height="900" style="border:0;max-width:760px;display:block;color-scheme:normal" loading="lazy"></iframe>
<p style="margin:6px 0 0;font-size:.875em;line-height:1.4">Research by <a href="https://patrician.ch/compare/monaco-vs-vaduz/">Patrician.ch</a></p>

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Income tax on the published 2026 rules. Social contributions, most deductions and treaties are not modeled. Figures are for a non-US single filer. Wealth tax, an exit and your passports are added when you run the engine on your own numbers. Not advice. Residence rules change often. Verify before acting.

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