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14 avenue de la Costa, 98000 MonacoThe global wealth landscape is undergoing profound change. According to the Henley Private Wealth Migration Report 2025, a record 142,000 millionaires changed their country of residence, seeking to shield their capital from geopolitical instability and sometimes abrupt tax reforms, as seen in the United Kingdom, Norway, and parts of Asia.
In this intense competition, Monaco does not seek to win on volume, but on a very specific value proposition, permanence.
A Geography of Wealth in Three Poles
To understand Monaco’s position, one must look at its direct competitors, each responding to different needs:
- The Growth Pole, United Arab Emirates: With more than 9,800 new arrivals projected for 2025–2026, Dubai has become the hub for entrepreneurs and new fortunes, particularly in tech and crypto. Its model is based on massive real estate supply and unmatched administrative speed.
- The Lifestyle Pole, Italy and Greece: Southern Europe attracts through flat tax regimes, but long-term legislative stability remains a key concern for investors.
- The Financial Pole, Singapore and Switzerland: These jurisdictions remain sanctuaries for asset management. However, Singapore is seeing its momentum slow under stricter regulations on family offices, while Switzerland faces increasing pressure on banking secrecy.
Monaco, the ultimate wealth refuge in 2026
- Real Estate as the Ultimate Safe Haven
In Monaco, real estate is not a conventional speculative market, it is a market of absolute scarcity. In 2026, despite record-breaking prices per square metre, demand for family homes remains insatiable. Projects such as Mareterra demonstrate the country’s ability to reinvent itself, without ever diluting the value of existing assets. For an investor, Monaco is one of the very few places in the world where the risk of a property bubble is tempered by the physical impossibility of overproduction.
- Exceptional Institutional Stability
In a world where governments change and tax rules follow, Monaco offers rare continuity under its Constitutional Monarchy. This political stability provides visibility over decades, a luxury that few Western democracies can now guarantee to large families.
- An Ecosystem of Active Security
Security in Monaco is not limited to a low crime rate. It is an environment where privacy is protected, allowing Ultra-HNWIs to live normal lives, educate their children in elite international schools, and move freely without the private security apparatus required in other global cities.
The Monégasque Reality, A Model of Structural Scarcity
Monaco is not a destination of “flow”, it is a destination of “stock”. With only 2 square kilometres, the Principality faces a physical limit that neither Dubai nor the United States experience. What could be seen as a weakness is in fact the foundation of its added value.
Comparative Table, Decision Criteria for 2026
| Strategic Assets | Monaco | Dubai | Switzerland |
| Access to European Hubs | Direct and seamless | Distant | Partial |
| Fiscal Visibility | Very high, stable | Evolving, VAT and corporate tax | Complex, cantonal |
| Land Scarcity | Maximum, value protection | Low, risk of oversupply | Moderate |
| Civil Security | Global benchmark | High | High |
Why Choose Monaco in 2026?
The question is no longer “Where do I pay the least tax?”, but “Where do I build my life?”. Monaco speaks to those for whom Europe remains the centre of cultural and economic interests, but who refuse uncertainty. The Principality stands out through its ability to offer a “low tax, high service” framework within an ultra-secure environment.
Monaco does not play the game of quantity. It is a jurisdiction of selection, where the entry ticket is the price of peace of mind and belonging to an exceptional ecosystem.
FAQ: The Realities of Expatriation to Monaco
Is it difficult to obtain residency in 2026?
The criteria remain strict, proof of funds, background checks, and evidence of housing suitable for the size of the family. This filter preserves the quality of the resident community.
Is Monaco suitable for active entrepreneurs?
While finance remains at its core, Monaco is actively expanding its Green Tech and Yachting sectors, all while offering seamless connectivity to Nice Airport, which serves 122 destinations and can be reached in just 25 minutes by car or 7 minutes by helicopter.
How is the real estate market evolving?
The trend is towards larger surfaces. Residents are no longer seeking a “tax pied-à-terre”, but a true primary family residence with high-level services, concierge, smart home systems, wellness.
A Long-Term Wealth Vision
In the current context of wealth migration, Monaco emerges as the rational choice for affluent families wishing to maintain a European anchor. It is not a constraint-free “paradise”, but a resilient stronghold, managed with a long-term vision.
Are you considering transferring your residence to the Principality? At Miells, we do more than find a property, we integrate you into the Monegasque ecosystem. Our unmatched expertise and institutional network are your strongest assets for a successful relocation.
