Discover the Benefits of Monaco Residence

Live the High Life

Monaco: A most prestigious residency program or option

Monaco Residence by Investment Prince's palace Monte Carlo

With no less than 16 Michelin stars sprinkled across a country the size of London’s Soho district, the grand and glamorous Principality of Monaco is a veritable cornucopia of history, opulence and seaside living. A Monaco residence permit gives visa-free access to all Schengen states. Monaco offers excellent schooling, state-of-the-art communication, transport and medical facilities and high level of security for families — not to mention its legendary sports calendar which includes the Formula 1 Grand Prix, the Monaco Yacht Show and the Monte Carlo Tennis Open.

Only 30 km from the international airport of Nice serving 130 destinations, Monaco is the perfect residence for those wishing to live in a safe and easily accessible European location with world-class facilities, a pleasant Mediterranean climate and favourable tax regime. Monaco is not a member of the European Union and legislates internally and has no income, capital gains or wealth tax.

Beyond Immigration provides a holistic approach to your investment migration needs through a unique consultative style which differentiates us from our competitors. We offer objective and pertinent advice driven by long-term relationships. We have industry-leading experience in all aspects of investment migration and are well positioned to assist you with acquiring your Monaco residence permit.

Monaco Residency at a Glance

Fast and efficient application process

Simple and straightforward documentary requirements

No income or capital gains tax, no wealth tax and no inheritance taxes between parents and children. Monaco also has double-taxation treaties with France and Luxembourg.

One of the most prestigious residencies in the world with high level of security, world-class education and medical facilities

Excellent air links through the nearby Nice airport as well as sea and land transport

Monaco Residence by Investment Program Requirements

In order to apply for a Monaco residence permit (known as the Carte de Séjour) you must satisfy two main requirements:

Requirement 1: Proof of accommodation

You will be required to show purchase or lease documents for a property in Monaco

Requirement 2: Proof of sufficient funds to reside in Monaco

This is a letter issued by a Monaco-based bank confirming that you have at least EUR 1,000,000 deposited in a Monegasque bank to fund your living expenses

Application Timeline for the Monaco Residence by Investment Program

Stage 01. Apply for a Monegasque visa

If you are a NON-EU national

Non-European Union nationals who reside outside of France must first apply for a visa to live in Monaco – this is done through the French embassy of the country in which the applicant resided in the six months prior to the application. Our team will assist you with preparing all of the necessary documents and will submit the application on your behalf. Once the application has been submitted to the relevant French Consulate, it can take between 3 to 6 months to be approved

Stage 02. Prepare living arrangements and proof of funds

Our team will be on hand to assist you

As part of the conditions for Monegasque residence, you will be required to either rent or purchase a property in your name, open a bank account with a banking institution based in Monaco and transfer the funds you intend to use to maintain your life in Monaco. Our team will be on hand to assist you with bank account opening and property searches

Stage 03. Enter Monaco and apply for a Carte de Séjour

This will be your residence permit

Once you receive your visa, you will be able to enter Monaco and apply to the Monegasque authorities (Residents Section of the Directorate of Public Security) for a Carte de Séjour. This is done locally in Monaco and all applications must be submitted within 8 days of arrival in the Principality. Our team will work with you to ensure that you are able to satisfy all documentary and legal requirements before applying and can assist you with property acquisitions as needed

Stage 04. Receive your Carte de Séjour

Renew your residence permit

During the first three years, the Carte de Séjour must be renewed annually; the 4th, 5th and 6th Carte de Séjour is valid for 3 years and the 7th and beyond are all valid for 10 years. Holders of a one-year and three-year residence cards are expected to spend at least three months each year in Monaco to be able to renew their residence card. For a 10-year residence card, you must demonstrate that you have made Monaco your main home, which generally means six months of residence a year

Monaco Residency Programme
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