Monaco is impractical for most tax evasion purposes, since most advantages require to be resident. If you're not resident, Monegasque banks will send your finan

Monaco is impractical for most tax evasion purposes, since most advantages require to be resident. If you're not resident, Monegasque banks will send your financial information to the country where you're resident. Malta, Liechtenstein, or most "classic" European havens are largely the same: within the EEA your residence country will have all the bank information about you. They sure have advantageous tax rates to promote certain types of residency/investment, but the financial secrecy isn't really there, which is what this index is about.