Monaco, located on the French Riviera, is known for its thriving business and financial center. It offers a safe European location with high-class leisure facilities and a favorable tax system. Monaco residents benefit from no personal income tax, making it an attractive choice for high-net-worth individuals seeking Monaco Residency.
Applicants need to deposit and maintain at least EUR 500,000
To qualify for this program, applicants must meet the following eligibility criteria.
Applicants must provide supporting documentation and evidence of a clean criminal record.
They need to demonstrate sufficient financial resources to reside in Monaco without engaging in any professional activities.
Non-EU/EEA nationals must secure a long-stay visa from France.
Applicants must pass an individual interview, presumably as part of the residency application process.
Applicants must spend a reasonable amount of time in Monaco, although the specific duration is not specified. This requirement likely ensures that individuals seeking residency are actively present in the country.
Applicants must rent or purchase a suitable property in Monaco for themselves and their dependents. The property must be maintained on a yearly basis.
Applicants need to deposit and maintain at least EUR 500,000 into a bank that is duly registered in Monaco. The minimum deposit or asset under management may vary depending on the selected bank and is subject to case-by-case evaluation.
Applicants undergo pre-vetting and due diligence checks to ensure they meet the eligibility criteria and have a clean background.
Once pre-vetting is completed, the applicant proceeds with the drafting of the residency permit application. This involves gathering all necessary supporting documents.
Applicants are required to attend a personal interview with a police officer from the Monaco Public Security (Sureté Publique Monégasque). This interview may involve further scrutiny of the applicant's background and intentions.
Upon successful completion of the interview and verification process, the residency permit is issued to the applicant, allowing them to reside in Monaco.
Quick application processing timeline
Visa-free access to numerous countries
Include spouse and dependents in application
The Monaco Residency by Investment Program allows eligible foreign nationals to obtain residency in Monaco by meeting specific financial and residential requirements. It is particularly attractive to high-net-worth individuals seeking a stable, secure, and tax-efficient European jurisdiction.
Applicants must demonstrate sufficient financial resources, maintain a residence in Monaco, have a clean criminal record, and satisfy Monaco's immigration and due diligence requirements.
Key benefits include:
The process generally includes:
Applicants must demonstrate sufficient financial resources, maintain a residence in Monaco, have a clean criminal record, and satisfy Monaco's immigration and due diligence requirements.
Yes. Eligible dependents, including a spouse and children, may be included in the residency application, provided they meet the applicable requirements.
No. Applicants may either rent or purchase qualifying residential property, provided the accommodation is suitable and maintained throughout the residency period.
The minimum reference amount is generally EUR 500,000, but individual banks may require a higher deposit or additional assets under management depending on their internal policies.
Yes. Applicants should be prepared to provide documentation demonstrating the lawful origin of their funds as part of Monaco's due diligence process.
Yes. Applicants must continue to maintain both their qualifying accommodation and the required banking relationship throughout their residency.
Residence Program
Residency in 6-8 months
Minimum Investment - €182,000
Permanent EU residency status
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