You should carefully consider your inheritance planning when you are making your purchase. We recommend that you speak to the notaire or a qualified financial advisor before the contract is signed. The form of ownership you adopt is crucial to avoid unnecessary inheritance problems in the future. There are various ways of owning a Monaco property (in your own name, in joint or multiple names, through various corporate structures etc) We always recommend you seek relevant legal advice from your notary and we will be happy to put you in touch with an English/Russian speaking notaire when you visit. In terms of inheritance tax, there is a zero percent rate between spouses and direct line descendants. For indirect lins there is a rate of 8, 10 or 13% imposed and only 16% for those outside of the family. However please note that we are not tax specilaists and we recommentd that you seek advice from a qualified body whch we can put you in touch with. Please send us an email to info@attikaprestige.com |