Monaco offers 0% capital gains tax on Bitcoin and crypto, but there's a catch

Monaco is highlighted as a zero-capital-gains-tax jurisdiction for crypto residents, meaning qualifying individuals owe no tax on Bitcoin or other crypto gains, including fiat conversions and crypto-to-crypto trades. The article stresses that this is not a new crypto-specific policy but a longstanding feature of Monaco’s broader zero-income and zero-capital-gains tax framework. The market implication is mainly for high-net-worth crypto holders seeking tax-efficient residency, as the benefit could materially improve after-tax returns on large BTC holdings. However, the practical barrier is high: residency typically requires a 500,000-euro bank deposit, expensive housing, and French nationals are excluded under a bilateral agreement. The piece is informational rather than price-driven, with no immediate trading catalyst, but it reinforces the appeal of BTC as an asset for long-term wealth preservation in favorable jurisdictions.