- Lasted Update: February 15, 2026
Monaco Residency Permit
The Monaco residency permit allows qualified applicants to live in Monaco and access its favorable tax system. The program includes stages from a one-year residence card to a ten-year card and requires accommodation, a clean record, and a €500,000 deposit in a Monegasque bank.
Benefits of Monaco Residence Permit
Residency and Family Inclusion
- Pathway to a 10-year residence card;
- Step-by-step approach by the authorities who will first issue a 1-year temporary residence card (renewable); then after 3 years of residence the authorities will issue a 3-year residence card (renewable); then the 10-year residence card;
- Right to live (work permit required as applicable
- Possibility to obtain a Tax Identification Number (TIN) after 6 months of residence.
Travel and Quality of Life
- Independent and sovereign state.
- Member of the UN and the Council of Europe.
- Secure and stable leadership in the heart of Europe since 1297.
- Strong legal system and infrastructures.
- Freedom of movement within the Schengen Area.
Ease of Access
- Favorable tax system.
- Competitive real estate market with no capital gain tax.
- Easy renewal of the residency permit if the applicant has spent more than 6 months of the year in Monaco.
- Possibility to apply for Permanent Residency after 9 years.
Requirements of Monaco Residence 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.
- Purchase or lease a property for at least 12 months;
- Depositing at least EUR 500,000 into a Monegasque bank account;
- Maintain a minimum residence of 3 months every year.
Investment Options for Monaco Residence Permit
Real Estate
Rent (and keep a rental on a yearly basis) or purchase a property in Monaco (a suitable property for the main applicant and dependent).
Bank Deposit
Deposit and maintain at least EUR 500,000 into a bank duly registered in Monaco (min. deposit or asset under management to be checked on a case-by-case basis depending on the selected bank).
Procedures for Monaco Residence by Investment
Processing time 9-12 Months
Due Diligence And Application
- Provide supporting documentation and a clean criminal record.
- Proof of sufficient resources to reside in Monaco without having any professional activities.
Approval And Investment
- Lease or purchase a property;
- Select a Monegasque bank;
- Deposit the investment;
- Apply for a “type D visa for Monaco” at the French Consulate/Embassy of the applicant’s place of residence;
Residency in Monaco
- Upon visa approval, landing in Monaco and apply for the temporary residence card;
- Attend an in-person interview with local authorities.
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Price Breakdown
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