What do I need to know when buying property in Monaco?
When we asked expats what advice they would give a foreigner before buying a property in Monaco, they said...
"1. Monaco is a popular destination for those looking to purchase property due to its low taxes and attractive lifestyle. 2. It is important to research the local market and understand the different types of property available before making a purchase. 3. It is also important to be aware of the legal requirements for purchasing property in Monaco, including the need for a residency permit. 4. It is advisable to seek professional advice from a local lawyer or estate agent to ensure that all legal requirements are met. 5. It is also important to be aware of the costs associated with purchasing property in Monaco, including taxes, fees, and other costs. 6. Finally, it is important to be aware of the local culture and customs when purchasing property in Monaco, as this can have an impact on the purchase process," said another in Monaco.
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Other Questions:
- What should I pack when moving to Monaco?
- Where should I setup a bank account in Monaco?
- Will I be able to find a job in Monaco?
- What is life like in Monaco?
- What do expats in Monaco appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Monaco?
- Is there a lot of diversity? Are people in Monaco accepting of differences?
- What are the schools in Monaco like?
- What are healthcare services like in Monaco?
- What are medical services in Monaco like?
- Are healthcare and health insurance expensive in Monaco?
- What are emergency services like in Monaco?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Monaco?
- How are local medical facilities in Monaco?
- As a foreigner living in Monaco, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know when buying property in Monaco?
If you live in Monaco, newcomers to Monaco would love to hear your answer to this question:
