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BENEFITS


  • Residency €500,000 + Costs

  • Time to Residency 8-20 weeks

  • Visa-free travel to all Schengen area

Why Monaco?

  • The residence of choice for the wealthiest and most famous
  • A multicultural society having an attractive lifestyle
  • Location at the border of the French and Italian Riviera
  • The international airport of Nice has excellent access by air, road, and sea
  • Good opportunities for investors and resident property dealers due to a stable real estate market
  • Availability of very high-quality education, sports, and cultural facilities
  • Secure environment & high confidentiality

RESIDENCY PROCEDURE

  • Open a bank account in Monaco and deposit EUR 500,000.
  • Present a bank reference letter to the government stating that you have sufficient funds to support yourself with appropriate accommodation in the country.
  • Provide a criminal record certificate from each country where you resided in the past five years before the application.
  • Obtain long-term visa from the French authorities, if a non-EEA national.
  • Apply for a Monegasque residence permit, after obtaining a visa.
  • The residency process has three stages with different renewal timeline and residency period.
  • Get a residence permit valid for one year and renewable for one-year increments for the next two years in the first stage. You need to stay in Monaco for a minimum of three months per year.
  • In the second stage, obtain the Ordinaire permit, valid for three years, with the same minimum stay requirement.
  • Get a privileged residence card valid for ten years with six months per year minimum stay requirement in the third stage.

MONACO FACT-SHEET

monaco_flag

LOCATION

Monaco is a tiny independent city state on France's Mediterranean coastline.


  • TIME ZONE

    ‍GMT+1


  • POPULATION

    38,697


  • GDP

    5.85 USD Billion


  • CURRENCY

    Euro


  • RELIGION
    • Roman Catholic:90.0%

    • Others:10%

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