Monaco Residence Programme
Tax free living in the French Riviera.
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Summary
Monaco Residence Programme for EU and non EU individuals to get Monaco Residency offering its benefits.
key contacts
Dr. Jean-Philippe Chetcuti
Managing Partner
Dr. Antoine Saliba Haig
Senior Associate, Head of Immigration & Global Mobility
country highlights
benefits
- Fast process;
- Include Family members;
- Good standard of living and healthcare facilities;
- Schengen Member;
- No income, capital gain, wealth and inheritance tax;
- Friendly to your business.
legal basis
According to the agreement signed on 18 May 1963 between France and Monaco, and to the Sovereign Ordinance no. 3153 of 19 March 1964, anyone wishing to enter into the territory of the Principality of Monaco, and remain for less than three months, must be in possession of a valid document for entering into France.
Individuals who are at least 16 years of age and wish to reside in Monaco for a period exceeding three months must apply for a residence permit (carte de séjour) from the local Monégasque authorities.
ELIGIBILITY
- Main applicant must be at least 16 years old. The programme may include dependents, who are spouse or partner in a long and durable relationship, children, and parents under certain conditions;
- Applicants should have clean criminal record, verified with the International local police authorities;
- A non-EEA national is required to obtain a long stay visa from France before making an application for Monaco residency;
- Applicants may apply for residence in Monaco to set up a new business activity or a company in Monaco;
- Applicants are required to purchase or rent a property in Monaco;
- Applicants should prove that thee have a sufficient means for living in Monaco.
PROCESS & TIMELINE
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