Residence in Monaco + US LLC

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SCP shield you from any US inheritance tax in case any of your business touches US - Monaco SCP is a very cheap wrapper.
If inheritance is not a concern, then could just use the US LLC.

I don't see personally any need for a guernsey company (unless he wants to own these assets through a trust - trust avoid CFC rules in most countries)
 
Reactions: clemens and jafo
What kind of service you sell? What nationality have you ?
 
whatever you do, be careful as in monaco there are plenty of "facilitators", that will want up a fee up to 5-10% of your wealth for the bank account + residency package, plus the fees and VAT if you buy real estate.
It could get expensive.
What is the standard fee for the bank account + residency package? I started looking into relocation options with Henley & Partners. They wouldn't introduce me to a facilitator who would want a fee up to 5-10% of my wealth/deposit, right? How would I check whether the facilitator is reputable?
 
Don't fall for that. Just walk into a bank.

Really Why ?
The French pay tax in Monaco as if they were in France so there are 0 advantages.
 
Reactions: jafo
Really Why ?
Don't have French citizenship if you want the tax benefits of Monaco. Monaco has a special pact with France to prevent French citizens from avoiding taxation by domiciling in Monaco. There is a long-standing history with France and Monaco, including one that is still in effect whereby France is a protectorate for Monaco.
 
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