Monaco

Residency Permit

WHAT IS THE MONACO RESIDENCY PERMIT VISA?

Monaco is a residency-by-investment program that requires a minimum investment of EUR 500,000. This program allows for visa-free access to the Schengen Area and is typically processed in 9 to 12 weeks.

Advantages of Monaco Residency Permit

  • Independent and sovereign state
  • Member of the UN and the Council of Europe
  • Secure and stable leadership in the heart of Europe since 1297
  • Favorable tax system
  • Strong legal system and infrastructures
  • Competitive real estate market with no capital gain tax
  • No obligation to reside permanently in Monaco
  • Renewal residency permit
  • Freedom of movement within the Schengen Area
  • Possibility to apply for Permanent Residency after 9 years

Investment Requirements

  • Rent or purchase a property in Monaco
  • Deposit and maintain at least EUR 500,000 into a bank duly registered in Monaco

Requirements for Monaco Residency Permit

  • Provide supporting documentation and a clean criminal record
  • Proof of sufficient resources to reside in Monaco without having any professional activities
  • For non-EU/EEA nationals, secure a long-stay visa from France
  • Pass an individual interview
  • Spend a reasonable amount of time in Monaco

Process (9-12 weeks)

  • Pre-vetting and due diligence checks
  • Drafting of the residency permit application and gathering of supporting documents
  • Personal interview with a police officer from the Monaco Public Security (Sureté Publique Monégasque)
  • Issuance of the residency permit

FAQ

The present document is intended for guidance and general information only and does not constitute or purport to provide you with legal advice. Such information is subject to changes without notice. Each case is unique and depends on the facts and circumstances of the individual and due consideration should be taken if applying the general information to your personal situation. For an evaluation of your personal circumstances one of our legal team would be happy to assist.

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