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Monaco residence permit by investment

Monaco residence permit by investment

Conduct business in Europe, enjoy access to the Schengen Area and benefit from no personal income tax

  • Investment amount: from EUR 500,000
  • Processing time: from 3 months
  • Visa-free travel within the Schengen Area

Unlock your options — consult with an expert today

Program overview

A Monaco residence permit allows foreign investors to live in a prestigious European jurisdiction with no personal income tax and a consistently high standard of living. To qualify, applicants must place at least EUR 500,000 in a Monaco bank and purchase or rent suitable accommodation. Residence cards are issued in stages: applicants first receive a temporary card valid for one year, followed by an ordinary residence card valid for three years and, subsequently, a privileged residence card valid for 10 years. Although Monaco is not a member of the European Union, its residents can travel freely within the Schengen Area. Eligible family members may also obtain residence permits under the application.

Benefits of a Monaco residence permit

Visa-free travel across Europe Residents can travel within the Schengen Area without a visa, making both business and leisure trips easier to plan.
Long-term renewable residence After three years of temporary residence, the status may be renewed for another three-year period. After 10 years of residence, applicants may qualify for a privileged residence card valid for 10 years and renewable without limitation.
Minimal physical presence requirements Monaco does not establish a fixed minimum number of days that residents must spend in the country to maintain their status.
Residence permits for the entire family In addition to the main applicant, residence permits may be obtained for a spouse, financially dependent children regardless of age and dependent parents. All included family members receive the same residence rights.
Favourable conditions for business development Monaco residents do not pay personal income, capital gains or wealth taxes.
Return of investment After obtaining residence, the applicant may sell the purchased property, while the bank deposit remains their personal asset.

What a Monaco residence permit offers

A long-term strategy for your family

A residence permit gives the investor’s spouse, children and parents the right to live in Monaco, with access to leading European educational institutions and high-quality healthcare. The principality remains one of the safest jurisdictions in Europe, with exceptionally low crime rates. Should circumstances require an urgent relocation, the family can move to Monaco without having to obtain additional immigration documents.

Access to European financial institutions

Monaco banks offer residents a more streamlined account-opening process, personalised service and a high level of confidentiality. Residents gain access to euro-denominated transactions, investment products and wealth structuring within the European legal framework. The absence of personal income tax also creates a strong foundation for effective tax planning.

European standards of education and healthcare

Children can attend prestigious international schools in Monaco and later apply to universities across Europe. The local healthcare system meets high international standards, giving residents access to advanced clinics and high-quality medical care.

Get a detailed guide to obtaining a Monaco residence permit

Get a detailed guide to obtaining a Monaco residence permit

  • A step-by-step action plan for investors
  • Detailed requirements and costs
  • A tailored strategy for obtaining a second passport
  • The latest program terms
Get the guide

Who is a Monaco residence permit suitable for

  • Entrepreneurs with international income
  • Investors and wealth managers
  • Families with children
  • International senior executives
Entrepreneurs with international income

Entrepreneurs with international income

Monaco’s zero personal income tax rate makes it an attractive jurisdiction for entrepreneurs whose income is generated outside the principality. As residents, they may establish companies and use them to structure their international business activities.

Investors and wealth managers

Investors and wealth managers

Residence status provides access to private banking services, with deposit requirements starting from EUR 500,000 and individually tailored asset management strategies. Capital gains and dividends are not taxed, helping investors manage their assets more efficiently.
Families with children

Families with children

Residence permits may be granted to the main applicant, their spouse, financially dependent children of any age and dependent parents. Family members gain access to high-quality education and advanced healthcare services.

International senior executives

International senior executives

As Monaco does not impose a fixed minimum stay requirement, residents retain a high degree of international mobility. Nice Côte d’Azur Airport is approximately 30 minutes from the principality, making business travel across Europe more convenient.

Residence in a prestigious jurisdiction

Residence in a prestigious jurisdiction

  • Safety and a high standard of living
  • Access to premium banking services
  • International mobility across Europe
  • Personalised support throughout the application process

Unlock your options — consult with an expert today

Investment options

Bank deposit

Applicants must deposit at least EUR 500,000 with a Monaco bank and provide documented evidence of the source of funds. The deposit remains entirely under the applicant’s ownership for as long as the residence status is maintained.

Purchase or rental of property

Once the EUR 500,000 bank deposit has been made, the applicant must purchase or rent suitable property in Monaco. Both residential and commercial properties are eligible.

Amount
Bank deposit
EUR 500,000
Government fees
EUR 80–160
Total
From EUR 500,080

Request a personalized investment plan for obtaining Monaco residency

A Mirsatori specialist will develop a tailored residence permit strategy with a detailed breakdown of each stage, taking into account your family composition, investment amount, government fees and related expenses.

Request a plan
Investment plan

Who can be included in the residence permit application

Spouse or partner

  • The couple must be legally married or provide documentary evidence of a long-term relationship.

Children under the age of 18

  • This includes children from previous marriages.

Adult children

  • They must be unmarried and financially dependent on the main applicant.

Parents and grandparents

  • They may be included regardless of age, provided they are financially dependent on the main applicant.

Stages of obtaining a Monaco residence permit

Stages of obtaining a Monaco residence permit

Confidential preliminary assessment

1 business day

A certified Mirsatori lawyer conducts a comprehensive review of the investor’s background to assess the likelihood of approval by the Monaco authorities and identify potential risks before the application is submitted.

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Fulfilment of the investment requirements

within 8 months

With support from the legal team, the applicant opens an account with a Monaco bank, places a deposit of EUR 500,000 and purchases or rents suitable property in the principality.

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Document preparation and application submission

from 1 month

Mirsatori lawyers prepare the required documents in accordance with the standards of Monaco’s Public Security Directorate and arrange their translation into French. The application is then submitted to the Monaco Residency Section, and the applicant attends a mandatory interview with an immigration officer.

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Government due diligence

3–6 months

The Residency Section reviews the applicant’s background and verifies compliance with the strict requirements of Monaco law.

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Biometric enrolment and residence card issuance

up to 3 weeks

The investor and eligible family members travel to Monaco to complete the required formalities and activate the digital identity linked to their residence cards at the Residency Section office.

Learn more
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Comparison of the Monaco residence permit with other programmes

Monaco PR Monaco PR
Cyprus PR Cyprus PR
Malta PR Malta PR
The UAE PR The UAE PR
Minimum investment
from EUR 500,000
from EUR 300,000
from EUR 182,000
from USD 550,000
Family members can be included
yes
yes
yes
yes
Status validity
from 1 year
permanent
permanent
10 years
Processing time
from 3 months
from 9 months
from 3 months
from 1 week

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Other ways to obtain residency by investment

Country Investment Processing time Key benefits
The UAE The UAE
Investment from USD 550,000
Processing time from 1 week
Key benefits
  • No language proficiency requirement
  • Option to apply with family members
  • Investment in liquid real estate
Details
Malta Malta
Investment from EUR 182,000
Processing time from 3 months
Key benefits
  • Premium real estate ownership
  • Option to apply with family members
  • Residence in the European Union
Details
Cyprus Cyprus
Investment from EUR 300,000
Processing time from 9 months
Key benefits
  • Residence in an EU country
  • Streamlined application procedure
  • Investment in liquid real estate
Details
See all

Expert insights

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Residence permit, permanent residence, and citizenship: key differences 22 June 2026
Legal and compliance 05.08.2026 Temporary residence, permanent residence, and citizenship: key differences

Frequently asked questions

How much must be invested to obtain a Monaco residence permit in 2026?

Applicants must deposit at least EUR 500,000 with a Monaco bank as evidence of financial stability. They must also purchase or rent suitable property in the principality.

Government fees are EUR 80 for a one-year temporary residence card, EUR 100 for a three-year ordinary residence card and EUR 160 for a 10-year privileged residence card. The deposit remains the applicant’s property but must remain in the bank account.

How long does it take to obtain permanent residence in Monaco?

Once the documents have been submitted through a licensed agent, the official review takes from two months. The residence card is issued after the due diligence process has been completed and all financial and accommodation requirements have been fulfilled.

Is continuous residence in Monaco required to maintain the status?

Residents must spend at least three months per year in Monaco. Applicants seeking a privileged residence card after 12 years must spend at least six months per year in the principality.

Which family members can be included in the application?

The application may include the main applicant’s spouse or registered partner, unmarried and financially dependent children of any age, as well as dependent parents and grandparents.

Can the property be replaced or sold after residence is granted?

The property may be replaced with another property of equal or higher value, provided that the Monaco authorities are notified in advance. Once residence has been granted, the applicant may sell or rent out the property. However, the qualifying bank deposit must remain in the account continuously.

Does a Monaco residence permit provide a pathway to citizenship?

Yes. Applicants may qualify for naturalisation after 10 years of continuous residence in Monaco. As the principality generally does not permit dual citizenship, applicants must renounce their existing nationality. The final decision on granting citizenship is made by the Prince of Monaco.

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