Moved from London to Monaco. Here's What I Learned

[@sanderrecommends]

So do you want to move and do business in Monaco?

[@trading-university.]

Yes, for sure.

[@MichaelKay-lp3hn]

I can see in this guy's deportment, ease and tone that moving permanently to Monaco has consolidated his peace of mind - he is settled and content and this makes him a better and more durable businessman. This feature should be a motivating factor in where you choose to move to as your permanent base.

[@luvlemins]

It’s called being rich.

[@jamieopulence]

@@luvleminsplenty of rich and broken men, whereas this man is an achiever and very much as peace with himself.

[@Exposemedia4u]

You find that peace in Almost every country except the UK

[@Magee1111]

Monaco is indeed pristine clean but there is nonetheless dog shit everywhere. Monaco should impose a clean-after-your-pet policy like in Switzerland and other places.

[@winstonmace4865]

Fantastic interview Sander. I've spent quite abit of time in Monaco and would like to visit soon. Please do more of these interviews with expats living in Monaco.

[@sanderrecommends]

Thanks, will do!

[@thecrankster]

Impressive guy. Comes across as a stable normal person. Nice interview.

[@sanderrecommends]

Thanks for watching 🤝

[@AlessandroMarcolin]

sure, a stable person who has chosen to contribute nothing to the society that raised him and to which he belongs; he's a tax-dodger, and even if done legally it's not exactly a good thing.

[@thecrankster]

@ I would far prefer a person produce something people value and not pay tax than produce nothing and suck off the state which more than half of British people do. But anyway the government of Monaco actually owns a huge amount of the real estate in Monaco so your rent is your tax there.

[@WilliamJones-hc7ff]

Impressive? Dodging tax? Why oh why are these people considered impressive? Can't stand these people.

[@davidc4408]

​@@AlessandroMarcolinworld is a global place . If you have money its smart to move to lower your tax bill as governments will rip you off

[@bar10ml44]

My short visit there had me in awe at how pristine it was. Immaculate and I love that.

[@christianwestling2019]

Always interesting to hear peoples perspectives on moving and living in Monaco. I hope this can be a reccuring segment.

[@jimmyconway8025]

Safe society is all i want. Respect for that!

[@tonyblack3401]

Isn’t it strange how so many low tax countries have much better public services? Clean streets, safe etc.

[@colinWhittington]

Very useful content.

[@sanderrecommends]

Glad you think so!

[@nudelsalat6529]

THX for your interview with Hugh Wade-Jonson. It is very interesting to learn why an entrepreneur is moving to Monaco and what he was experienced, first handed.

[@sanderrecommends]

I'm glad you enjoyed the interview!

[@jamestreanor182]

There are plenty of apartments sub $2000 per month. Food isn’t that much more than Italy and France. You can walk everywhere and ride a scooter.

[@hbmustangs]

where??????/

[@RufMichAn88]

Monaco is my favourite place to be, I can just confirm what you say. It is no Problem to live on 40.000 Euro or even less in Monaco. Sure you will not buy than your belongings at Dior, LV and Hermes, but you live in Monaco, what is such a great place! Love it..

[@lioneldemun6033]

Too many noisy scooters actually

[@garethhillier7801]

Not ‘in’ the principality

[@flavioc5389]

Fontvielle is where most of the Formula 1 drivers live.

[@sanderrecommends]

It's a great area. I lived there as well.

[@christopherhurley8694]

I love Monaco. I'm too poor to live there. Maybe I'll check it off my bucket list as a tourist. Thank you, Sanders. Excellent content and video.

[@sanderrecommends]

Thanks for watching!

[@robertely686]

If you work really hard your whole life, respect your boss and don't ask questions then your boss will be able to afford a third Monaco flat. If you're a really good boy he might show you a photo of it.

[@LMays-cu2hp]

Thank you for sharing a nice gentleman here.😊

[@sanderrecommends]

My pleasure!

[@gracechadi]

Great conversation.

[@sanderrecommends]

I'm glad you enjoyed the conversation!

[@richardwilson57]

You can borrow FIAT funds (euro, dollar gbp) against your crypto using NEXO (centralised crypto bank) …… or if you are more technically savvy you can access DEFI (new technology where a protocol puts lender and borrower together )

[@indigobluu]

I actually used NEXO to buy my last Mercedes. They're legit.

[@modfus]

I liken Monaco to the mega-yachts you see in the harbour. The place is not authentically beautiful - everything is shiny, manicured, and contrived (including many of its citizens). However, the new rich love everything shiny and expensive so they flock to the place in droves. If you are wealthy, there are places just over the border in France that are far more life-enriching.

[@MarcoMasseria]

I don't know you nor pretend to, but I gotta say, from your comment, "I like you" You make some very powerfully true and hard to hear (for some) points.

[@jonathanknight1850]

But high tax, crime, French socialism.

[@CedricGoldstein]

Yes. Antibes !

[@kutaplex]

And who do you think lives in those places? Exactly same people. Lmao

[@Raider577]

I was in Monaco at Christmas. They had Carre-Four Supermarket there, I was surprised.

[@sanderrecommends]

Yes, they have Carrefour, U Marche and Casino.

[@D.N.A.23]

I live in Marbella spain for me Monaco to small and expensive im happy for him and his wife enjoying Monaco

[@jamesdean1143]

So, this guy made his money in UK property. Very productive and socially useful.

[@Jay-xr3sb]

What do you do?

[@jamesdean1143]

@ Buy to let landlord.

[@modfus]

Leave out the personal resentment. It's very unbecoming.

[@777moneycash]

Quality of life for Normal people and safety it's worth the money to be honest

[@lb9915]

can you do more high end apartment tours in monaco? almost no tours available on youtube

[@sanderrecommends]

Will do my best 👍

[@robertwoodhouse-bm7kt]

If you buy a property in the UK you´ll get caught with 40% inheritance tax, though this may change with the approach to non dom taxes in the UK.

[@indigobluu]

Is that a Richard Orlinski panther on display? Nice 👌

[@MikeSmith-xv7fh]

Always enjoy your content, thank you! It would be great to understand what it's like to live in Monaco for young families with children. I.e. schools, healthcare, cultural and sporting activities... thanks again!

[@g__o__l__d__6673]

avoiiding tax + higher apr on loans is a gift for him

[@richardkatz7815]

Question: What is te heath system like? Long waiting lists even for private care?

[@machiavellian7490]

It’s in better condition than your spilling

[@sanderrecommends]

A hospital in Monaco is always prioritising local residents. It works well and grows.

[@Stephen_T_Sampson]

How different is monaco from germany. I always heard germany was a good country.

[@sanderrecommends]

Non comparable 🤷🏻‍♂️ in terms of size, economy, tax, climate, safety…

[@kennethbarr6842]

Travelled all over Germany More affordable and a High quality of living standard?

[@Stephen_T_Sampson]

I said because monaco not that far from baden-württemberg, Milan, or suisse. "Großartig, Wundesbarres Leben Haben".

[@michelrodrigues110]

Nice point of view. A non french speaking grounded person. And he´s nice, and very hot as well. Bring us more interviews. Cheers.

[@sanderrecommends]

More to come!

[@777moneycash]

Btc and crypto and gold are only best ones now and crude oil the real estate is tricky since taxes and some other reasons !! Most money will be Lost on real estate sector in this year for !!

[@larrydowling]

totally agreed wealthy people dont need to borrow,unless its say China ,where laws do not permit sending money out ,more then 50k.per year ,there are so many waealthy people in Asia ,they need desperately,to shift their wealth offshore.

[@Stuart.Branson.]

What a shit world we live in where you only get clean streets if you are a billionaire. Humans are so disappointing

[@rob_m]

That’s humans for you. Either you need to live in a billionaire area or you need to live in a homogeneous society where it’s shameful not to be clean/tidy (Japan).

[@robertely686]

You need a humility and empathy delete to live amongst these people

[@MarcoMasseria]

@@robertely686 You do? I'm interested. Could you say more? Could you develop that idea further? I wonder why. It seems like one would need humility in order to with the shenanigans.

[@robertely686]

@MarcoMasseria 'these people' refers to investors, billionaires and materialistic people like the two buffoons in this interview. If you had any respect for general working people, or indeed humans, you'd never talk as though you deserve to pay less tax than a nurse or a road worker just because you have wealth.

[@robertely686]

@Stuart.Branson. one could argue that we don't have clean streets, or roadsweepers anymore because all the taxes have gone to subsidise the billionaires who are dependant on tax breaks, monopolies, lobbying, cartels, cheap interest rates and bail outs.

[@Jeffybonbon]

Lego land is not for me But i can see its attraction The UK is Not the place to live if you want to grow weath or keep it My son has just bought a house and he paid 20k stamp duty thats a disgrace he is a 40% tax payer and works off shore i was surprised he stayed in the UK

[@christopherhurley8694]

What is the cheapest rent? $25,000 a month?

[@hbmustangs]

3500 for a studio

[@christopherhurley8694]

@@hbmustangs This is for Monaco? Really? I can easily afford that. But, I'm 6'5". Can I stand up in this apartment? LOL

[@sanderrecommends]

3,500-5,500 Euro. You can always live in cheaper in France or Italy

[@hbmustangs]

@@sanderrecommends then you get no tax benefits.

[@christopherhurley8694]

@@sanderrecommends Thank you Sander. Why does Monaco choose to build into the Sea and not towards France?

[@larrydowling]

what are the on going cost to maintain an apt,in Monaco ,can anyone puchase one.i have a european & Australian pasport.

[@sanderrecommends]

Yes, you can buy a real estate in Monaco 🇲🇨

[@WealthyChronicle]

Tax-free living sounds amazing, but would you sacrifice access to places like Boots or TK Maxx? I mean, priorities! 😅

[@CedricGoldstein]

You have to bank 500k to even be accepted in the municipality.

[@tuffitout2568]

Best of luck living in Monaco 🎲💰🍀

[@dickieblench5001]

I'm coming

[@borderlord]

If moving to that part of the world to live, I think I would prefer Antibes!

[@sanderrecommends]

There are no tax benefits in France. It can be costly 🤷🏻‍♂️

[@borderlord]

@sanderrecommends No but a nicer place to live.

[@Boltmotivationm]

How much do you need to move

[@oreilly1237878]

Their is one law for the hyper rich and another for everybody else.

[@MarcoMasseria]

Very cool guy. Very likeable. Very successful. Terrible tastes in art. No one is perfect.

[@helenhoward5346]

9:01 he's spent 4.5 years in a francophone nation, yet can't speak French? Hopefully he's just talking about legal paperwork or something bc an English expat should have a solid hold of a romance language after living there full-time for 4 years.

[@neilblackburn6869]

Monaco expensive, I'm incredibly surprised

[@jamesdean1143]

So, because land is so scarce, everyone lives in an apartment, even billionaires ?

[@modfus]

There are some villas - but you need a couple of hundred million Euros to buy one😏

[@EstebanKeri]

God one day🤞❤🙏

[@tonydry8189]

Monaco...a sunny place for shady people.....

[@flyinghedgehog3833]

Singapore is far better.London is finished..

[@sanderrecommends]

There are many nice places to relocate. Singapore is one of them.

[@davidc4408]

Wrong. London in exclusive high rise apartments is still great option as a base. Singapore is great but still lacks some things

[@flyinghedgehog3833]

@@davidc4408 talking about governance, taxation IHT CGT ,crime,health, roads..etc etc.. not to mention illegal migrants everywhere! Khan has destroyed London !

[@EGO0808]

The fascination for wealth and status is just laughable.

[@jameswalker366]

Incorrect. The fascination is for ‘excellence’. Wealth and status is a side benefit.

[@robertely686]

Excellence in lack of creativity, imagination or risk taking. They could afford to do anything they want in life but they want to collect money.

[@jameswalker366]

@ You are conflating Wealth, Status and now Money. Money makes the world goes round. Money creates options. Excess money allows for philanthropy. Money allows one to make a lasting difference on things one is personally concerned about, not leaving it to governments who are notoriously poor capital allocators. Research ‘The Giving Pledge’.

[@NickBarling]

Yet, you are facinated?

[@pinkandreas]

you have to be really rich to move to Monaco. So, it's not a place to get in to get rich.

[@sanderrecommends]

Probably not.

[@pinkandreas]

@@sanderrecommends min 400k Euro on a Bank in Monaco and a real estate there - would be difficult for average Joe to move there😅.

[@paulosousa1357]

Mónaco é só para quem pode !

[@lvbadboy]

Who would ever think Monaco would be a cheap place to live LMFAO!!!

[@machiavellian7490]

No shit! Sherlock !

[@leflixestla4659]

Monaco is the worst place. Nobody wants to live there. People have a residence there for tax reasons so but spend their time in France or Italy when they are around.

[@lioneldemun6033]

Then why is the new quarter of Mareterra already sold out?

[@leflixestla4659]

Hmm, I guess you didn’t really read my comment. Let me repeat: It’s only for the residency. Nobody actually wants to live there.

[@davidc4408]

He comes across as shady. Started his career as recruitment consultant and then somehowmade so much money yo move to Monaco and buy up all that real eatate. So pressume he has a networth over $100m

[@robt8620]

No new or Interesting information just a promotion of his company

[@LadyAndanaZerva]

It's not even that beautiful like they advertise it on TV

[@Ebawoaz]

Anyone can claim to live in Monaco. I live in London. There’s super wealthy areas and terrible places.

[@believerone2001]

RULE BRITANNIA.

[@demetriuscooks9871]

No really😂$$$. A j bond movie 🎥 always back drop scenes..

[@artistsingerwriterproducer8288]

Please be more true!!!

[@philipdann1095]

Terribly overdeveloped. Doesn't appeal at all

[@shankarbalakrishnan2360]

Right now I only wish to live. In heaven

[@stylistxxx]

Monaco is heaven on earth (:

[@saschapeischl4690]

yes that was a good idea of his to leave London London is an absolute disaster after Brexit many rich people are leaving London and Monaco is a very good choice

[@davidc4408]

London still great real estate investment

[@AZ-vg6li]

frankly i find Monaco the ugliest city in the french and italian riviera,an architectural disaster.I am wealthy but have no desire to live in such a place.Furthermore i do not understand why in the EU we allow such a tax heaven right inside our territory.

[@paulmcgrath3835]

Because the the tax evaders are in government.!

[@lioneldemun6033]

Money laundering in € that's why

[@smithwesson8667]

What about safety in those other cities in the Riviera?? Can it compare to Monaco?

[@lioneldemun6033]

@@smithwesson8667 only in towns close to MC like Eze or Beausoleil. Nice and it's surroundings for instance has problems of insecurity and drug trafficking