Is there anybody here from France ?

You don't need to have 100K in your bank account but usually residents have more than that .

 

I suppose that, more than money alone, a good relationship with a local banker, lawyer or accountant would help.

 

I am sure the crinme rate is low, but this could not avoid US (?) banker Edmond Safra being killed in his home a few years ago.

http://www.courttv.com/trials/monaco/

 

Being a blonde with huge breasts could help too...

 

It's definitively not a handicap in this country .
And if the breast get older there is very good plastic surgery clinics. Tou can see some samples at nigth in various restaurants.

 

Being a blonde with huge breasts could help too... [/QUOTE]

I was in Monoco back in June of this year and seen a few of those as well. The pricetag was ----------- priceless

 

Here is a table with the newly passed income Taxes in Germany for a single without kids:

Jahresbruttolohn [€] Jahreslohnsteuer 2005 inkl. Soli [€] Entlastung [€]
20 000 2176 -40
25 000 3605 -70
30 000 5127 -147
35 000 7015 -255
40 000 8895 -383
45 000 10 914 -537
50 000 13 075 -716
55 000 15 376 -918
60 000 17 749 -1119
65 000 20 123 -1299
70 000 22 497 -1457
75 000 24 871 -1616

Here it is for maried again without kids:
20 000 0 0
25 000 628 -32
30 000 1634 -52
35 000 3114 -64
40 000 4604 -84
45 000 6014 -111
50 000 7484 -148
55 000 8993 -217
60 000 10 550 -308
65 000 12 183 -393
70 000 13 892 -471
75 000 15 660 -560
These are of course only for your income taxes
So if you are a self employed trade that is what you would pay and then you take care of your health care and etc.
A far cry from the 60% that is been parlaied here.
And if you play your cards right you pay even less.

The negative numbers at the end is the amount of reduction from the previous year.
You guys can figure what the top class is.

 

Good to know ...

Do you think she should apply then ?

 

Anybody who wants to live in Monaco should apply for a permit through the French Embassy unless you are a EU Citizen.
You must prove that you have a clean judicial record, show a
lease or that you own a property in Monaco and pass a medical visit.Also you must show a declaration from an Monaco Bank that you
have sufficient funds in your account.Usually EU100'00 will do.
Of course you dont need to keep these funds all the time.Once you have the declaration from the banks you can withdraw the funds.
However every year for the first 5 years you will have to show a declaration from your bank so you have to put back sufficient funds in you account. Also you have to stay al least 183 days per year. Monaco beeing a small city you have to be there so you can
show the autorities that you aprticipate in the social life. You can rent a small flat 80 sq meters for ard 2500n3000 euro. It will take about 3to 4 mths to get your permit.Once you are settle you can trade and do what ever private business tax in Monaco is zerf course you can have an another residence in Europe and switch back and fourth. Do your trade and enjoy your life.

 

Any double taxation agreement with US ? Otherwise you'll have to pay taxes on your gains in US.