Major challenges in Monaco: Business Acquisition . Part II: Exceptions and the 10-years principle

 December 13, 2019

Last month we published an article about “Major challenges in Monaco: Business Acquisition”. The topic generated a major interest and we decided to ask our trusted business advisory partner, VK*P business advisors to ensure us their unparalleled, professional inputs on the topic. The fonders of VK*P business advisors have over 3,000 people informed and guided on business and […]

Major challenges in Monaco: 6 Months in a Year

 December 09, 2019

If you are considering Monaco residency for taxation reasons, you will need to prove without doubt that you live at least 6 months in a year inside the borders of the Principality; otherwise, you will lose your tax benefits. As with any relocation to a new country, there are always challenges to overcome, whether it […]

Diamonds as an Investment

 December 09, 2019

“Diamonds are the most valuable, not only of precious stones, but of all things in this world”, said Pliny the Elder, a Roman naturalist and philosopher, in the first century AD. Carbon is the only element forming diamonds. This remarkable stone represents the symbol of eternal love and allows us to wear it every day, […]

Major challenges in Monaco: Banks

 December 02, 2019

Monaco’s banking and financial sectors offers you an estimated 40 banks and 50 wealth management companies, family offices and financial advisors in which to choose from, and together they are managing funds of almost 100 billion euro. Once you have decided to relocate to the Principality of Monaco, one of your very first steps will […]

Ensure you have the right automobile protection this winter!

 November 26, 2019

Winter is upon us, and throughout the year, this is the most demanding season of them all. Winter poses many more risks, especially from country to country across Europe. From the wet conditions across the south of France to the snow conditions across the Swiss Alps. Therefore, insuring an automobile, whether it is sports cars, […]

Major challenges in Monaco: Business Acquisition

 November 25, 2019

Unlike most countries in the world, the Principality of Monaco does not allow you to invest into to a local business. Owning any type of local business in Monaco requires government authorization. The transfer of shares is only allowed freely if it is happening to a Monégasque national. The transfer of shares to a third […]

Introducing Aymeric Pazzaglia, UHNW Business Club member

 November 18, 2019

Aymeric Pazzaglia is the co-founder of the VK*P business advisors and also a prominent public speaker, who has delivered more than 100 speeches and conferences about Monaco, mostly on behalf of the Monegasque Government. The UHNW Business Club brings together leaders in the HNW and UHNW industry for the purpose of expanding and growing key […]

The right choice for a start-up in Monaco: sole trader or SARL?

 November 12, 2019

The right choice for a start-up in Monaco: sole trader or SARL ? This is a universal debate, therefore we requested VK*P business advisors, – Monaco Wealth Management’s Number 1 choice for business incorporation and relocation – to guide our members through the main differences. In most places in the world, there are several forms […]

Monaco bank account without Residency

 November 10, 2019

The Principality of Monaco was always considered as the home of the super-rich. However very few people know that you can have a Monaco bank account even if you are not a resident of Monaco. Monaco Wealth Management – through its trusted and Government authorised Monaco bank – offers exceptional banking services for its members. […]

How Technology is Changing the Way we Design

 November 07, 2019

Thanks to the growing expansion of technology, more and more homeowners are controlling their devices and appliances with a simple push of a button or a voice command. From home security systems to lighting, heating, and much more, home automation has become a reality. Very soon it will be an inherent part of every modern […]

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