Monaco • Passport

About the Monaco passport

Ranked #9 out of 200 in the global passport index, the Monaco passport offers more travel freedom than 96% of passports worldwide. Alongside Brazil and Iceland, it sits among the world's strongest travel documents. Monaco citizenship is inheritable across generations, meaning children born to Monaco citizens abroad may be eligible to claim citizenship by descent.

Passport context

The top marginal income tax rate in Monaco is 0%, with capital gains taxed at 0%. The country operates a zero tax regime, with no income tax liability for residents. For expatriates, the absence of income tax makes Monaco one of the more tax-efficient jurisdictions globally.

Monaco is a member of the European Union, granting holders the right to live, work, and study across 27 EU member states plus 4 Schengen associates.

Where Monaco passport holders can travel

Where a visa is required