Monaco

The investor must deposit at least EUR 500,000 into a bank duly registered in Monaco.

The investor must purchase or rent a property in Monaco.

The investor must provide a clean criminal record.

The main applicant must be above the age of 18.

No.

No.

The procedure varies according to the nationality of the main applicant:

If the main applicant is an EU/EEE/Swiss national, he/she can apply directly for a residency permit in Monaco.

If the main applicant is not an EU/EEE/Swiss national, he/she must firstly apply for a French long stay visa before the French consulate of his/her country of residence. After the issuance of the French long stay visa, the applicant will be able to access the territory of Monaco.

Following his/her arrival in Monaco, the applicant must undergo an interview with a police officer from the Monaco Public Security Bureau.

The residency permit will be issued 6 to 8 weeks following the interview.

The holder of a residency card can access the Schengen Area (26 European States) for up to 3 months per any 6 months period.

Yes. However, the residence card will not be delivered to a minor under the age of 16. A minor under the age of 16 can apply for a “Travel document for minors” (document de circulation pour mineur étranger).

• No. Only the spouse/partner and the children above the age of 18 can obtain a residency card.

• Yes, dependent children over the age of 18 (without age limit) may be declared dependent by the holder of the resident card under certain conditions.

• No.

The first residence card is called “temporary residence card” and is valid for 1 year and renewable twice.

After 3 years of temporary residence card (1+1+1), the holder can apply for an “ordinary residence card” which is valid for 3 years and renewable twice.

After 9 years of ordinary residence card (3+3+3), the holder can apply for the “privileged card” which is valid for 10 years and renewable without limit.

Yes, under conditions (national priority policy for employment access, work permit required).

• Yes, a Monegasque resident enjoys the same benefits as a Monegasque citizen for education and has access to public health coverage if he/she pays social contributions to the Monegasque public health system.

The main principles governing the acquisition of citizenship in Monaco are:

• The almost total absence of acquisition methods based on the Jus Soli (citizenship by birth or residence).
• The role of filiation (paternal filiation, adoptive filiation) in the transmission of Monegasque citizenship.
• The recent harmonization of the Nationality Law of Monaco with internationally recognized principles (citizenship by maternal filiation or by marriage).
• The policy of family reunification through naturalization.

Consequently, neither residence nor birth in Monaco gives the right to acquire the Monegasque citizenship. The only exception is the case of a child born in Monaco to unknown parents who becomes Monegasque by the sole fact of being born in Monaco.

The citizenship of Monaco can be acquired by marriage with a Monegasque citizen after 10 years of marriage (a bill increasing this period to 20 years is currently being examined by the National Council), or by a discretionary decision of the Prince of Monaco.

• Yes