Residency by Investment

Monaco Residence by Investment Programme

Nestled on the French Riviera, Monaco is renowned for its opulence, glamour, and breathtaking coastal views.

The Residence by Investment Programme offers a gateway for individuals seeking to establish residency in this luxurious principality. With its favourable tax system, high standard of living, and unrivalled security, Monaco has become a magnet for investors worldwide.

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Minimum investment: €500,000
Processing time: 2–5 months

Is Monaco Residence Right for You?

Benefits of Residence in Monaco

There are several key advantages for those applying to the Monaco Residence by Investment Programme, including:

The right to live, work, and undertake business in Monaco.
Temporary residence, renewable for three one-year periods, followed by ordinary residence, renewable for two three-year periods.
Opportunity to apply for a privileged residence card after nine years.

General Requirements

16 years of age or over
Accommodation in Monaco
Sufficient savings held in a banking establishment in Monaco
Good character, without criminal convictions
Interview requirement
No language requirement for residence

Bank Deposit

01
Bank Deposit
Applicants must prove they have sufficient funds to reside in Monaco without needing to work.
The most common means of proving sufficient funds is through depositing funds in a Monaco bank and obtaining a letter of evidence from that bank.
*Note, there is no mandatory minimum deposit amount set by the Government, whether the amount will be judged sufficient depends on the Monaco bank providing the reference. The average deposit amount, however, is around €500,000 (but can be substantially more).

Application Process

The Residence by Investment process in Monaco consists of eight steps:

1
Step 1
If applicable, applicants must apply for a long-stay visa at their nearest French consulate.
2
Step 2
Applicants must gather the following documents as part of the application:
1. proof of accommodation in Monaco that is big enough to account for the number of people that will be living there;
2. a letter from a Monaco bank evidencing sufficient savings; and
3. proof of good character evidenced by the authorities of the last country or two countries in which the applicant lived in the five years prior to arriving in Monaco.
3
Step 3
Upon gathering the required documents, applicants must contact the Monaco Immigration Police to schedule an interview.
4
Step 4
Application processing differs according to an applicant’s country of citizenship, with the processing time for non-EU citizens expected to be between 16 to 20 weeks.
5
Step 5
Applicants then receive a carte de sejour temporaire (temporary residence card) valid for 12 months.
6
Step 6
After the first 12 months, applicants can renew their temporary residence card for another two 12-month periods.
7
Step 7
After their third year of residence in Monaco, applicants can then apply for a carte de sejour ordinaire (ordinary residence card), giving them permission to reside in Monaco for three years. This card can be renewed for subsequent three-year periods.
8
Step 8
After three temporary residence cards and two ordinary residence cards (nine years of residence in Monaco), an application for a carte de sejour privilegie (privileged residence card) can be submitted. The privileged residence card is valid for a period of 10 years.

Frequently Asked Questions

Government Advisory

CS Global Partners – Government Advisory

CS Global Partners is the world leading international legal advisory firm, London-headquartered, providing high-net-worth individuals and families with citizenship and residency solutions. As a trusted partner of many governments, CS Global Partners works directly with governments and is mandated to promote some of the world’s longest-standing citizenship programmes, giving clients accurate, up-to-date guidance straight from the source.

For advice shaped by real expertise, contact CS Global Partners.

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Begin your Monaco application

Our expert team is knowledgeable in all legally-recognised citizenship by investment and residency programmes. We offer in-depth consultations to meet a range of requirements.

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