There are no restrictions on the acquisition of real estate nor on portfolio investments in Monegasque companies. As there is no income tax or capital gains tax, Monaco is an attractive place for such investments.

Bank accounts offer security and confidentiality and, due to the large number of international banks present, interest rates on bank deposits are competitive. No withholding tax is levied on interest derived from such deposit accounts unless the person is a EU resident in which case the Saving Directive will Apply.