Monaco resdient without 500k EUR

[jafo]

Nothin beats Monaco in EU... Just go for it. Even better is to live 6 months in Monaco during summer and 6 months in warmer country during winter.

As @Sols mentioned, it is all personal. I absolutely HATE the hot weather, so for me it's Monaco in the winter and Davos or Bariloche in the summer, whichever is colder. Anything above 15°C is too warm for me and I'm OUT of there! I don't even wear a coat in Monaco or Davos/Bariloche. To me, Moscow and St. Petersburg are cold in the winter. I need a thick coat then.

 

[Dandyline]

As @Sols mentioned, it is all personal. I absolutely HATE the hot weather, so for me it's Monaco in the winter and Davos or Bariloche in the summer, whichever is colder. Anything above 15°C is too warm for me and I'm OUT of there! I don't even wear a coat in Monaco or Davos/Bariloche. To me, Moscow and St. Petersburg are cold in the winter. I need a thick coat then.

Yep, just like anything in life..

So, how can someone relocate to Monaco without the 500k? Only through employment or starting a local company with at least 10 employees i guess.

 

[Konstanz]

Yep, just like anything in life..

So, how can someone relocate to Monaco without the 500k? Only through employment or starting a local company with at least 10 employees i guess.

There is no other way in as far as I know

 

[jafo]

employment

Easiest way! I know several people who commute to work in Monaco from Italy and France. A lot of wealthy old people looking for energetic, reliable, and responsible assistants.

 

[JohnnyDoe]

Flavio Briatore is hiring

 

[Dandyline]

There is no other way in as far as I know

There are other ways, employment or start a company. It's a hassle though.

Easiest way! I know several people who commute to work in Monaco from Italy and France. A lot of wealthy old people looking for energetic, reliable, and responsible assistants.

Yes, or if you know someone with a local company that can hire you on paper.

 

[JoeyMess]

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I have seen Bono also is a Monaco tax resident. But his main place is a bit outside Monaco in Eze Sur Mer. For the monaco insiders here, is that a common thing?

 

[manukahoney]

is that a common thing

From what I heard, yes. French taxmen also love this. Thus the question about whether you can actually spend 183 days in Monaco per year to maintain the tax residence and still enjoy it.

 

[marioIT]

read the treaties between France and Monaco and you'll see some tricks Monegasque residents can use
also you don't have to own the villa in Roquebrune in your name... there's such a thing called SCI (Société Civile Immobilière)...
need fluent french and a local professional to learn/understand these things... if you come from common law countries Monaco is very bureaucratic.

 

[GrumpyMess]

Yes, or if you know someone with a local company that can hire you on paper.

If you have someone with a local company that can do this for you it's seems you would already live in Monaco

 

[Dandyline]

If you have someone with a local company that can do this for you it's seems you would already live in Monaco

Yes, just find some restaurant owner or something, pay a good commission.