Residency in Monaco by Investment

About Monaco Residency:

• The Principality of Monaco is not just a paragon of good taste, luxurious receptions, yachts, casinos, and Formula 1, it also provides its residents with unique opportunities for living and doing business. Residency in Monaco is like being a member of an elite club, and it gives a wide range of possibilities for living comfortably in Europe.
• Receiving a residency permit for Monaco is a simple and straightforward procedure thanks to the principality’s program for affluent individuals. To take advantage of this program, you only need to show that you have your own funds in a bank account and receive a steady income from outside of Monaco. Thus, every applicant capable of proving his/her financial independence, without support from the state, has the right to receive a Monaco temporary residency permit.

Benefits:

• Live in Monaco and move freely around Europe-Holders of Monaco temporary residency can not only live year-round within the principality, they can also travel visa-free and without time limits throughout the Schengen space.
• The program is straightforward – Monaco’s program for temporary residency for affluent individuals does not oblige you to do business, make any investments, work, pay additional taxes, etc.
• It’s easy to apply-The entire procedure up to the moment you receive a decision on your Monaco residency, can be done in your own country through the French consulate.
• Move freely around the EU countries
• Live in the heart of Europe
• Live year-round in Monaco
• Economic and political stability
• Tax Advantages
• Personal safety
• High-quality medical services
• High social standards and guarantees
• Send your children to European schools
• Expand your business in the EU and transform it towards the euro market

Condition Precedent:

• Your own funds in a sufficient amount in a bank account in Monaco
• Your own funds in a sufficient amount in a bank account outside of Monaco
• Proof of a steady income outside of Monaco
• Your own or rental property in Monaco
• After living in Monaco for more than 183 days in a year and proving that you continue to meet the conditions under which the residency permit was issued, applicants can extend the temporary residency permit practically automatically.

Required Documents:

• Passport
• Birth certificate
• Marriage certificate (if applicable)
• Birth certificates of children (if applicable)
• Attestation that you lack a criminal record
• Proof that you own real estate in Monaco or a rental agreement
• Certificate that you have opened a bank account in Monaco
• Bank statement showing the required amount in a bank account in Monaco
• Bank statement showing the required amount in a bank account outside Monaco
• Proof of a steady income outside Monaco

For a Free Consultation on Migrating to Monaco,  Contact us, and an Immigration Consultant will be assigned to speak with you right away.