Monaco

With a land area of just 2 km², the Principality of Monaco is the second-smallest country in the worldand one of the wealthiest. Contrary to popular belief, the requirements to obtain residency in Monaco are not overly stringent. To qualify for residency, applicants must demonstrate sufficient financial means to support the high cost of living, particularly the premium real estate prices and rental rates, which are on par with those of major global capitals. This program allows affluent individuals to make a substantial investment in the country and secure Monaco residency.

 
Benefits of Monaco Residence
Visa-free travel across Europe’s Schengen Area

A secure environment and an attractive lifestyle at the crossroads of the French and Italian Rivieras.
A high standard of living in a multicultural society, offering world-class sports, cultural amenities, and entertainment.
Access to premier international schools and a strategic location close to top European universities. Henley & Partners Education can assist in securing the best educational opportunities for your family.
Residency extends to the main applicant’s spouse or partner and financially dependent children.
A favorable tax system, with no income tax, capital gains tax, or wealth tax.
A stable real estate market offering significant investment opportunities.
Excellent connectivity by road, sea, and air, with easy access to Nice Côte d’Azur International Airport.
 
Monaco’s residency program is an attractive option for high-net-worth individuals seeking a luxurious lifestyle, financial advantages, and a prime location in the heart of Europe.

Applicants must satisfy the following requirements:

Minimum age of 16 years
Police certificate of clear criminal record
Proof of sufficient funds to live in Monaco (bank attestation letter)
Proof of accommodation (lease or purchase agreement)

Applicants who are not nationals of the EU, Liechtenstein, Norway, or Switzerland or holders of a French residence permit must obtain a long-stay (type D) visa from a French embassy or consulate. After the visa has been granted, applicants must apply for a carte temporaire, which is a temporary residence permit that allows residence for a total period of three years, renewed annually. Following the three-year period, a carte ordinaire is issued and is valid for a further three years. After three consecutive renewals of the carte ordinaire (that is, after 12 years of residence), if the holder spends at least six months per year in Monaco, they may be eligible to apply for a carte privilège, which is valid for a renewable period of 10 years. Investors may establish a company in Monaco only after they have received a carte de séjour (French residence permit).