Visa-free entry and travel across the Schengen
A possibility to stay and reside directly in Monaco
In 5 years one can obtain a 10 year Carte de sejour which in fact is permanent residency
A possibility to obtain the citizenship of Monaco after 10 years of permanent residence in Monaco
No requirement to permanently reside in Monaco
Social and political security
Usually the process takes up to 2 months. Investors must meet the following criteria:
Be older than 18
Qualify for the program
Have a special D type visa issued by the consulate of Monaco at the place of residence
Have real estate in Monaco (rent or ownership)
Have at least € 2,000,000 on a bank account in Monaco
Have a steady and regular income to support oneself and one’s dependents
Have a health insurance contract for each applicant
Children under the age of 18
We’ll cover the following information:
Rent or purchase without restrictions on the value of real estate
2.000.000 euros – the minimum amount of funds in a bank account in Monaco
The total cost of obtaining a residency depends on the investment option, number and age of applicants, as well as the selected package of services. Fill out the form and within 10 minutes you will receive an individual cost calculation + comparison with other programs.
Our expert who has worked with more than 280 cases in Europe will consult you. He’ll describe all the peculiarities of the Monaco residency by investment program, its advantages and disadvantages, and tell you about similar cases from his practice.
Partner, expert in the Caribbean
and European citizenship programs
Our specialist in the Monaco residency program will contact you to discuss all the details
The following steps are described for reference purpose only. The main thing that we want to underline is that Migronis takes care of preparation and submission of your case. You only need to provide the original documents. We will do all the paperwork ourselves.
Free preliminary background check (due diligence) of an applicant (1 day) and contract signing in one of our offices or remotely. At this stage, it will be sufficient to provide the passport copies of all family members who will be included in the residency application.
Result of the stage: background check report + signed contract.
We receive Police Certificates, fill out government forms, arrange notarization, translation and apostilization of all the necessary documents, and send the package to Monaco Immigration Office.
You submit the original documents and sign the forms and other documents that we prepare by ourselves.
At this stage you will need to visit Monaco to submit biometric data.
Result of the stage: Confirmation of documents received by the government.
Monaco Immigration Office carries out examination of the case within 4-7 months
Result of this step: positive decision received.
Applicant’s actions: Payment of the investment amount within a month after approval.
After payment of the investment amount and fees, you visit Monaco to collect residence cards. Residence permit is valid for 1 year. To maintain the status one has to spend 7 days per year in the country. We remind about the necessity to renew the document 6 months prior to its expiration.
We described the procedure of obtaining St. Kitts and Nevis citizenship in every detail, dividing every step into stages, providing examples and photos of all the documents. This material is also available in video format.Show case
You pay only after your case is approved and you’ve obtained your residency. Payment can also be made through world-renowned escrow agents. In this case, all funds shall be kept on the agent’s account until you receive residency.
In Europe, it is very important to have a local certified specialist who understands the local specifics of work. We work without intermediaries and therefore are responsible for the results.
Our offices are located in different time zones, so we are available 24 hours a day, 7 days a week. Want to see for yourself? Send us a message online or call us now.
Apart from obtaining a residency, we can help you get a driver’s license, registration address (utility bill), local telephone number. We can also help you open a bank account and register a company.
We receive Police Certificates, fill out government forms, arrange notarization, translation and apostilization of all the necessary documents. Our partner in the country controls the process over there. Your participation is kept to a minimum: you only provide the original documents, make the necessary payments and submit biometrics.
Our lawyers are based both in the CIS countries and in the countries where we apply for citizenship and residency.
We start working on a case only if we 100% sure we can help a client to obtain citizenship or residency. For this purpose, we conduct a preliminary background check (due diligence), submit a report and our recommendations. Only after that we sign the contract and proceed with the case.
In order to implement the post-paid service mechanism, we have perfectly adjusted our internal processes. Our goal is to provide the service within the shortest possible time and with a successful result, because only in this case we will get our service fees. On the average, preparation of documents takes from 5 to 25 days.
We have extensive experience and honestly talk about both successful cases and difficult situations in our blog. We do not recommend programs that do not function well (for example, in Bulgaria), or offer overvalued real estate to obtain citizenship (most of the projects on the islands).
More than 10 useful videos about residency by investment in the EU on our video channel. No empty talk, only specifics.
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Children younger than 18;
Former spouse cannot obtain residence permit;
A marriage certificate from a third country may be provided.
The documents confirming financial dependence shall be provided. For children - a certificate from the place of study.
No, in this case they do not fall under the category of dependents.
Residence permit is issued for 1 year with its subsequent renewal for the same period (children younger than 18 years old receive a 5 year card). After holding a residence permit for 5-year period a Carte de sejour (permanent residence) is granted. After 10 years of permanent residence the citizenship may be obtained.
Yes, all applicants must make at least 1 entry to Monaco in order to submit documents.After entering the country, applicants are waiting for an invitation from OFFI (the timeframe for receiving an invitation can be up to 3 months). You cannot leave the country while waiting for an invitation.
In order to comply with the conditions of the residence permit program of Monaco, applicants do not need to move to Monaco or stay there for a certain number of days a year;
Knowledge of language is not required.
Yes, a 10-year permanent residence, knowledge of French and tax residency status are required to obtain a passport.
After 10 years of permanent residence the citizenship may be obtained (apart from a 10-year Carte de sejour it is required to have tax residency status and knowledge of French).
All documents are sent by mail.
Issuance of a residence permit (per each applicant) - € 180 (in the first year);
Extension of residence permit (per each applicant) - € 266 (from the second year);
+ Consular fee for issuance of the card (per each applicant) - € 100;
+ Medical insurance contract (per each applicant) - from € 300.
Visa-free travel to Schengen countries.
Up to 90 days per half-year period.
No, a work permit is required.
No visa is required (one must register in electronic systems - eTA in Canada and ESTA in the USA).
Canada - 6 months a year without a visa, registration in eTA is required in case of arrival by plane);
USA - up to 90 days without a visa (ESTA);
UK - 6 months a year without a visa.
Confirmation of employment and/or ownership of business is required.
certificate of employment indicating the duration of work, position and salary / bonuses;
Copies of tax returns;
Certificate of state registration;
Company registration documents;
Company's financial report;
If the capital is accumulated through certain transactions - the sale of property, inheritance, gift - supporting documents are needed; One or several documents may be provided (the list is agreed upon when preparing the case).
No. Money should be transferred from the applicant’s personal account only.
Yes, availability of documented income is required - at least € 2 million on an account in Monaco.
So far there is no such possibility.
The Principality of Monaco attracts businessmen from around the world because of a zero income tax rate.
Main part of Monaco’s GDP is derived from VAT (19.6%), reduced rates are extensively used (from 10 to 2.1% for certain types of goods).
The tax rate on royalties is 33.3%.
Tax resident status is assigned only to those who stay in the country for more than six months. If an investor is still interested in obtaining the status of a tax resident of Monaco, he will need to prove that he spends at least 183 days per year in a country.
There are no requirements to cost and location; however, it is preferable to choose a property on a “1 room per 1 applicant” basis, preferably on the Cote d'Azur.
The real estate market of Monaco is one of the most liquid and expensive in the world. According to the Knight Frank rating agency, in 2017 the average real estate price per square meter reached $ 58,859.
Investing in Monaco’s real estate is extremely profitable. The State Statistical Agency of Monaco (IMSEE) noted a rapid growth in the real estate market in 2017 (an increase in the average price by more than 15% per year). Due to the lack of space for construction and high population density, the prices for residential squares will steadily increase, which guarantees the profitability of investment in real estate in Monaco.
To maintain the status permanent ownership of real estate is required.
You are free to choose any object for investment; however, it is preferable to choose a property on a “1 room per 1 applicant” basis, preferably on the Cote d'Azur.
The real estate lease or sale contract.
Up to two months plus waiting for an invitation from OFFI (the timeframe for receiving an invitation can be up to 3 months).
Refusal in grant of a residence permit.
The current status can be revoked if the beneficiary committed a serious crime.
- provision of false information;
- availability of a criminal record or pending criminal proceedings in any country of the world;
- posing a potential threat to public order, national security or the reputation of Monaco.
Monaco passport is ranked 13th (out of 100) according the rating of passports in 2018 for freedom of movement.
GDP in 2011 - $ 6.075 bln. (increased by 13.53% compared to $ 5,350 bn in 2010);
The population in 2018 is 37 501 people;
The capital is Monaco (Monaco-Ville);
Sectors of the economy - tourism, gambling, building new residences, media coverage of the life of the princely family.
A residence permit of Monaco is not accessible to anyone, because the authorities of the principality approach the selection of candidates with special care. The limited territorial resources do not make it possible to accept a large number of “additional citizens”, which, incidentally, makes the residence permit of Monaco exclusive, prestigious and desirable in the eyes of people with a certain wealth.
In addition to its prestigious status, the residence permit of Monaco is suitable for those investors who want to receive income from the rental of real estate - the real estate market of Monaco is one of the most liquid and expensive in the world.