Monaco vs Spain

Monaco

7.13 / 10

Spain

7.06 / 10

Monaco leads overall

Score comparison table

DimensionMonacoSpain
Lucky Nomads World Index
7.13 / 107.06 / 10
SafetyShield Index
9.3 / 108.5 / 10
Affordability Index
1.0 / 106.3 / 10
Entry Ease Index
6.9 / 106.6 / 10
Tax Freedom Index
9.6 / 103.3 / 10
WiFi Index
8.7 / 108.6 / 10
Admin Ease Index
8.8 / 108.0 / 10
Healthcare Index
8.7 / 108.7 / 10
City Comfort Index
9.1 / 108.8 / 10
WeatherComfort Index
7.5 / 107.3 / 10
Banking Index
8.7 / 108.8 / 10
GeoStability Index
9.3 / 107.8 / 10
Justice & Order Index
8.4 / 107.8 / 10
Quality of Life Index
9.0 / 108.2 / 10
Open Society Index
7.6 / 108.7 / 10
Flight Index
4.0 / 107.1 / 10
Environmental Quality Index
8.9 / 108.5 / 10
English Index
6.0 / 105.7 / 10
Wealth Protection Index
9.0 / 105.8 / 10

Tax, economy, and demographics

DimensionMonacoSpain
Corporate income tax
25%Very high
25%Very high
Corporate tax basis
Territorial
Worldwide
Personal income tax (marginal)
0%Ultra low
47%High
Personal tax basis
No personal income tax
Worldwide
Population39 k
49.6 M×1276
Area2 km²
505,990 km²×252995
Population density19,429 /km²98 /km²
CapitalMonacoMadrid
CurrencyEUR (Euro)EUR (Euro)
Main airportNCE (Nice Côte d'Azur Airport)MAD (Adolfo Suárez Madrid-Barajas Airport)
Phone code+377+34
Internet TLD.mc.es

Visa access controls

Your access

Pick your nationality above to see how long you can stay in each country and whether you need a visa.

Passport power

Mobility strength of each country's passport, useful if you are weighing it as a future citizenship.

Monaco passport

#12

Henley rank

176

Visa-free destinations

  • Schengen visa-free
  • UK visa-free
  • US ESTA
  • Canada eTA
  • Australia eTA

Spain passport

#4

Henley rank

185

Visa-free destinations

  • Schengen visa-free
  • UK visa-free
  • US ESTA
  • Canada eTA
  • Australia eTA

Verdict

For professionals who prioritize tax freedom index, Monaco leads with 9.6 / 10 versus 3.3 / 10 for Spain. On affordability index, Spain is at 6.3 / 10 compared with 1.0 / 10 for Monaco.

Who should choose which country

Who should choose Monaco

  • Professionals who prioritize tax freedom index (exceptional tax freedom)
  • Professionals who prioritize geostability index (exceptional geostability index)
  • Professionals who prioritize safetyshield index (exceptional safety and stability)

Who should choose Spain

  • Professionals who prioritize banking index (accessible, stable banking for expats)
  • Professionals who prioritize city comfort index (high urban quality of life)
  • Professionals who prioritize healthcare index (strong healthcare access and quality)

Also compare

See full Monaco analysis →See full Spain analysis →

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