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Posts Tagged ‘Monaco’

Major challenges in Monaco: Divorce

The Principality of Monaco

There are three times more marriage ceremonies than divorces in Monaco; however, the Principality has approximately 60-90 divorce cases each year. You can divorce under the legislation of the Principality of Monaco in the very first days that you have received your residence permit, however it is good to consider that Monaco does not offer…

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Fontvieille – Districts of Monaco (Part 5)

Fontvieille

It is very interesting to see that most of the ultra-high net worth individuals who are investing in the Principality of Monaco are non-European. The political and the economic stability plays an important role in the safety of their real estate assets, making the Principality of Monaco the ideal destination for property investments.  The Principality…

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Major challenges in Monaco: Inheritance and Donations

The Principality of Monaco

It is exceptional how the Principality handles the question about heritage, and the focus placed on your children. For each family, the question of inheritance is highly important; therefore, it is important to have a good understanding on this topic. Many people believe that since the Principality of Monaco offers zero personal income tax, it…

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Les Moneghetti – Districts of Monaco (Part 4)

Les Moneghetti

It is very interesting to see that most of the ultra-high net worth individuals who are investing in the Principality of Monaco are non-European. The political and the economic stability plays an important role in the safety of their real estate assets, making the Principality of Monaco the ideal destination for property investments.  The Principality…

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Challenges for Monaco established businesses in 2020

Being the 2nd smallest country of the World (situated just behind Vatican City), Monaco has to be, by definition, looking towards the outside, the international in order to survive and blossom. Hence, for example, the 139 nationalities represented in the Principality of Monaco. Being very international oriented makes Monaco and its entrepreneurs very sensitive to…

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Recently formed S.A.R.L. companies in Monaco

The Principality offers multiple business formation possibilities from the one person sole-trader to a multi million Euro worth company. Operating a business in the Principality of Monaco always involved extraordinary benefits and clear reasons, motivations. As we see it the top three reasons are Flexibility, Added values and of course Taxation. However it is highly…

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Major challenges in Monaco: Marriage

The Principality of Monaco

Even if Monaco does not have the typical wedding tourism as seen in other countries, its location provides exclusivity for the special moment. The Principality celebrates approximately 200 weddings each year, and interestingly, less than ten marriages on average between exclusively Monégasque citizens. Marrying in the Principality can make couples feel that they are royalty.…

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Major challenges in Monaco: Prenuptial agreement

The Principality of Monaco

A marriage contract is almost a preference (requirement) when you open a bank account in Monaco. The Principality highly respects your privacy, and the last thing the bank wants to do is to be in the middle of an international financial settlement fight, where they might be legally forced to disclose the assets of their…

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La Condamine – Districts of Monaco (Part 3)

It is very interesting to see that most of the ultra-high net worth individuals who are investing in the Principality of Monaco are non-European. The political and the economic stability plays an important role in the safety of their real estate assets, making the Principality of Monaco the ideal destination for property investments.  The Principality…

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Financial report – CFM Indosuez Wealth Management

Financial report - CFM Indosuez Wealth Management 2018

The latest financial report of CFM Indosuez Wealth Management is available to download for our members. CFM Indosuez Wealth Management is located at 11, boulevard Albert 1er, Monaco. Share capital: 34 953 000 Euro Balance sheet (2018): 5 902 789 000 Euro Balance sheet (2017): 5 585 434 000 Euro Balance sheet (2016): 4 568 516 000 Euro Download the…

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