Monaco
Monaco
Why Choose Monaco?
- Zero income, wealth, or capital gains tax for residents (except French nationals)
- High personal security and privacy
- Prestigious Mediterranean lifestyle with world-class amenities
- Efficient, modern infrastructure supporting seamless business and leisure
Residency Requirements
- Financial capacity to maintain a lifestyle aligned with the principality’s standards
- Ownership or rental of real estate in Monaco (comparable in cost to major global capitals)
Luxegacy Private Solutions Advantage
Monaco Residence
Monaco Residence Overview
Key Benefits
- Visa-free travel across Europe’s Schengen Area
- High standard of living in a secure, multicultural environment
- Access to world-class schools and universities, with Luxegacy Private Solutions education services available for your family
- Residence extendable to spouse/partner and financially dependent children
- Favorable tax environment with no income, capital gains, or wealth taxes
- Stable and lucrative real estate market
- Excellent connectivity via road, sea, and Nice International Airport
Monaco Residence Requirements
- Minimum age of 16 years
- Clear criminal record
- Proof of sufficient financial means (bank attestation letter)
- Proof of accommodation in Monaco (lease or purchase agreement)
Procedure
- 1. Visa Application: Non-EU nationals (or those without a French residence permit) must secure a long-stay type D visa from a French embassy or consulate.
- 2. Temporary Residence Permit: Upon arrival, a carte temporaire allows residence for three years, renewed annually.
- 3. Ordinary Residence Permit: After three years, a carte ordinaire is issued for a further three years.
- 4. Long-term Residence: After 12 years of consecutive residence, including at least six months per year in Monaco, applicants may qualify for a carte privilège, renewable every 10 years.
- 5. Business Establishment: Investors may set up a company in Monaco only after obtaining a carte de séjour.
Luxegacy Private Solutions Advantage
Frequently Asked Questions
A government-approved residence-by-investment scheme granting permanent residence to eligible non-EU nationals.
EUR 300,000 plus VAT (where applicable).
No permanent residence obligation; however, a visit at least once every two years is required.
Yes. The program covers the spouse and children under 25 years.
Yes, eligible residents may apply for Cypriot citizenship after seven years of legal residence, subject to meeting statutory criteria.
Monaco Real Estate Investment
Monaco Real Estate Overview
Acquiring property in Monaco is a cornerstone for those seeking residence in the principality. Real estate investment supports your residence permit, with properties held under sole ownership. While there is no minimum investment threshold, careful selection of real estate ensures eligibility for residence and access to Monaco’s premium lifestyle.
Key Features
- Holding Period: Required to maintain and renew residence permit
- Ownership: Sole ownership of the property
- Rental Income Potential: 3.5–6%, depending on property type and location
- Exclusive Lifestyle: Live in one of the world’s safest and most luxurious environments, with proximity to top schools, cultural venues, and financial centers