Monaco

Monaco, situated on the Mediterranean Sea and bordered exclusively by France, is the world's second smallest country. Renowned for its high standard of living, mild climate, strong security, efficient infrastructure, and the absence of income or capital gains taxes for residents, Monaco offers an unparalleled lifestyle.

Investment: No minimum investment required

Key Benefit: The right to live, work, and study in Monaco

Country information

Population: 36.297 hab Aprox.

Capital: Monte Carlo.

Official Language: French.

Income percapita: $240.862 Dólares PPA.

Monaco Residence:

The Principality of Monaco spans just 2 km², making it both the second smallest and one of the wealthiest nations globally. While residency requirements are often deemed strict, they are relatively straightforward, though enlisting a consultant or lawyer is advisable to navigate the process. Applicants must demonstrate sufficient financial resources to sustain themselves, particularly given Monaco's high cost of living and real estate comparable to major global cities. Affluent individuals can secure residency through significant investment.

Benefits of Monaco Residence:

Visa-free movement across the Schengen Area

Secure and prestigious location on the French and Italian Rivieras

Exceptional quality of life in a multicultural society with access to world-class sports, culture, and education

Residency extended to the applicant's spouse or partner and financially dependent children

Attractive tax regime with no income, capital gains, or wealth taxes

Stable real estate market offering promising investment opportunities

Excellent transport links via road, sea, and the nearby Nice International Airport

Requirements for Monaco Residence

Applicants must be at least 16 years old

Clean criminal record (police certificate)

Proof of sufficient financial means (bank attestation letter)

Evidence of accommodation (lease or purchase agreement)

Monaco Residence by Investment Procedure:

Non-EU, Liechtenstein, Norwegian, or Swiss nationals, and those without a French residence permit, must apply for a long-stay visa (type D) through a French embassy or consulate. After obtaining the visa, applicants can apply for a carte temporaire—a temporary residence permit valid for three years, renewed annually. After three years, a carte ordinaire is issued for another three years. Following three renewals (12 years total), applicants may qualify for a carte privilège, a renewable 10-year permit, provided they reside in Monaco for at least six months annually. Establishing a company in Monaco is permitted only after acquiring a carte de séjour (French residence permit).

Citizenship:

Acquiring citizenship is highly restrictive, requiring a minimum of 10 years of Monaco residency and a minimum age of 21. Applicants must renounce any other nationality and must not have performed national service in another country.Be at least 18 years old.

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