Monaco
Monaco Residence by Investment
To qualify for residence in Monaco, applicants must meet specific financial and personal requirements designed to support a comfortable and secure lifestyle in the principality.
The first requirement is proof of sufficient funds to support oneself and any dependents, which must be confirmed by a bank attestation letter.
Additionally, applicants must provide proof of accommodation in Monaco, either through a lease or purchase agreement, to serve as their primary residence.
A police certificate of clear criminal record and a minimum age of 16 years are also necessary to fulfill the residency requirements.
We offer exclusive opportunities designed to help you meet the Monaco residency requirements with ease. Our tailored solutions simplify the process, ensuring you can fulfill the necessary criteria efficiently and without hassle.
The Monaco residence program allows individuals to reside in a secure and attractive environment, offering a high standard of living at the border of the French and Italian Rivieras. Residents benefit from visa-free access to Europe’s Schengen Area, a favorable tax system with no income, capital gains, or wealth tax, and access to Monaco’s stable real estate market, which presents significant opportunities for investors.
The program is selective, and applicants who are not nationals of the EU, Liechtenstein, Norway, Switzerland, or holders of a French residence permit must first obtain a long-stay visa from a French embassy or consulate. Upon approval, applicants receive a temporary residence permit (carte temporaire) valid for one year, which can be renewed annually for a total period of three years. Afterward, a three-year residence card (carte ordinaire) is issued, and following 12 years of residence, applicants may be eligible for a 10-year renewable residence permit (carte privilège).
The processing time for Monaco residence is approximately six to seven months for EU citizens and eight to nine months for non-EU citizens. Early submission is advised due to the required steps and documentation.
Monaco’s residence program provides individuals and their families with a unique opportunity to enjoy the principality’s high standard of living, exceptional infrastructure, and easy access to Europe and beyond, while benefiting from its favorable tax regime.
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