EU residency based on property ownership
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Discover the Benefits of Monaco Residence
The Monaco Residence by Investment Program offers a prestigious residency in a secure, tax-friendly environment. Residents enjoy visa-free Schengen travel, world-class amenities, and a vibrant cultural scene. With no income or capital gains tax, Monaco is ideal for those seeking luxury, stability, and a prime European location.
Monaco: A most prestigious residency program or option
With no less than 16 Michelin stars sprinkled across a country the size of London’s Soho district, the grand and glamorous Principality of Monaco is a veritable cornucopia of history, opulence and seaside living. A Monaco residence permit gives visa-free access to all Schengen states. Monaco offers excellent schooling, state-of-the-art communication, transport and medical facilities and high level of security for families — not to mention its legendary sports calendar which includes the Formula 1 Grand Prix, the Monaco Yacht Show and the Monte Carlo Tennis Open.
Only 30 km from the international airport of Nice serving 130 destinations, Monaco is the perfect residence for those wishing to live in a safe and easily accessible European location with world-class facilities, a pleasant Mediterranean climate and favourable tax regime. Monaco is not a member of the European Union and legislates internally and has no income, capital gains or wealth tax.
Beyond Immigration provides a holistic approach to your investment migration needs through a unique consultative style which differentiates us from our competitors. We offer objective and pertinent advice driven by long-term relationships. We have industry-leading experience in all aspects of investment migration and are well positioned to assist you with acquiring your Monaco residence permit.
Advantages of a passport
Comfortable tax regime
No income or capital gains tax, no wealth tax and no inheritance taxes between parents and children. Monaco also has double-taxation treaties with France and Luxembourg.
Guaranteed Security
One of the most prestigious residencies in the world with high level of security, world-class education and medical facilities
Excellent Transport Links
Excellent air links through the nearby Nice airport as well as sea and land transport
Simple Documentation
Simple and straightforward documentary requirements
Fast processing
Fast and efficient application process
Investment options
Acquisition of property
You will be required to show purchase or lease documents for a property in Monaco
Substantial financial savings
This is a letter issued by a Monaco-based bank confirming that you have at least EUR 1 000 000 deposited in a Monegasque bank to fund your living expenses
EUR 1 000 000
The procedure for obtaining citizenship
Apply for a Monegasque visa
If you are a NON-EU national
Non-European Union nationals who reside outside of France must first apply for a visa to live in Monaco – this is done through the French embassy of the country in which the applicant resided in the six months prior to the application. Our team will assist you with preparing all of the necessary documents and will submit the application on your behalf. Once the application has been submitted to the relevant French Consulate, it can take between 3 to 6 months to be approved
Prepare living arrangements and proof of funds
Our team will be on hand to assist you
As part of the conditions for Monegasque residence, you will be required to either rent or purchase a property in your name, open a bank account with a banking institution based in Monaco and transfer the funds you intend to use to maintain your life in Monaco. Our team will be on hand to assist you with bank account opening and property searches
Enter Monaco and apply for a Carte de Séjour
This will be your residence permit
Once you receive your visa, you will be able to enter Monaco and apply to the Monegasque authorities (Residents Section of the Directorate of Public Security) for a Carte de Séjour. This is done locally in Monaco and all applications must be submitted within 8 days of arrival in the Principality. Our team will work with you to ensure that you are able to satisfy all documentary and legal requirements before applying and can assist you with property acquisitions as needed
Receive your Carte de Séjour
Renew your residence permit
During the first three years, the Carte de Séjour must be renewed annually; the 4th, 5th and 6th Carte de Séjour is valid for 3 years and the 7th and beyond are all valid for 10 years. Holders of a one-year and three-year residence cards are expected to spend at least three months each year in Monaco to be able to renew their residence card. For a 10-year residence card, you must demonstrate that you have made Monaco your main home, which generally means six months of residence a year
Our clients' stories
Real Estate Investment in Europe
We would like to express our deepest gratitude on behalf of our entire family. When applying for Montenegrin citizenship through your service, we could hardly believe we would manage to complete everything correctly and on time. Your professionalism and organization helped us gather a huge set of documents in just a few days, even though our paperwork was scattered across three different countries.
Ability to Travel Freely to EU Countries for Russian Citizens
Our main question was how to get visa-free access to Europe for the whole family, including our children and father. We heard that Greece allows parents but does not accept Russian citizens. We had never heard of Vanuatu before, but now we are its citizens with Greek residency. Thank you!
Freedom to Travel in Europe
Thank you, we did it! I didn’t believe we would make it in time, then I doubted it would be approved, and now I have my Grenadian passport!
Freedom of movement
It is clear that this team prioritizes not overburdening the client and always comes forward with ready recommendations.
Immigration with Citizenship Acquisition
I can’t believe it’s been almost 7 years—time just flew by, and now, finally, the passport…
Residence permit for retirees
Obtaining a European residence permit as a retiree in Bulgaria was an unexpected suggestion from Beyond—I didn’t even know it was possible. I decided to take the risk, and I have no regrets.
Free travel across Europe
Very beautiful passports, and as my mom said: blue suits us very well!
Frequently Asked Questions
Once your case is approved, your residence card should be available for collection from the Residents Section after 20 days from the Police interview.
You could live in a property owned by your company as long as you provide the following documents: – The company’s Articles of Association. – Proof of shares held or a certificate confirming your shareholding in the company.
The minimum requirement is EUR 500,000 or equivalent per person/couple deposited with a Monaco bank.
The cost of applying for residency in Monaco is the expense of renting an apartment, on top of the general cost of living in Monaco. Unlike other countries offering residency programmes, applying for residency in Monaco does not require the applicant to invest a specified sum of money in Monaco nor is it compulsory to purchase a property as a rental is sufficient.
The first Monaco residency card will be issued for a period of twelve months after which this card must be renewed. The card is called a Monaco Carte de Resident, Temporaire and is renewed each year for the first three years. In the fourth year of continuous Monaco residency the holder then will be issued with a three-year card , known as the Monaco Carte de Resident, Ordinaire. These cards are valid for three years and must be renewed at expiry. In year ten, the holder of a Monaco residency may apply for a Carte Privilege which is granted at the discretion of the Monaco authorities. This is not automatically granted and if not granted the applicant will continue to receive the three-year Monaco resident’s card.
To complete the Monaco residency process, an official residency interview will be arranged during which all the required documents are submitted. Following this the Monaco residency application will be processed and authorized. This will take approximately eight weeks for EU passport holders and sixteen to twenty weeks for non EU passport holders as they must first apply for a special Visa from the French Embassy in their country of residence which once approved and issued (up to sixteen weeks) will then permit the applicant to complete the Monaco formalities within three-four weeks, when the residency card also known as the Carte de Resident will be issued.
The following documents must be submitted for each applicant when applying for Monaco residency: 1. Valid passport 2. Birth certificate 3. Marriage certificate(s) 4. Any previous divorce certificate (or deat certificate if the applicant has a spouse who is deceased.) 5. Police certificate as above 6. Registered lease for the Monaco apartment 7. New electricity contract for the Monaco apartment 8. Official Monaco residency application forms completed and duly signed 9. Health report for applicants of 70 years and over
Each applicant must provide a police certificate stating that each adult applicant does not hold a criminal record in the country or countries where they have resided during the previous five years. In Monaco an adult is anyone over the age of sixteen years of age for this purpose. This certificate should not be more than three months old at the time of application for the residency. You will need to provide a copy of your criminal record from the country or last countries in which you have resided in the five years prior to your arrival in Monaco.
If renting the lease must be for a minimum of 12 months and have sufficient bedrooms to accommodate the number of persons applying. For example, in order to qualify for Monaco residency, a couple should rent a one bedroom apartment at least and for a family of four a minimum of two bedrooms. The lease is normally automatically renewed at the end of each lease period.
The minimum amount required by the Monaco government for a residency application is EUR 500,000 per main applicant to be deposited in an account in the applicant’s name with a bank in Monaco, which must be held with the bank at all times during the residency period.
Let's discuss the details
At Beyond, we value your uniqueness and are ready to discuss every detail to provide you with the best solutions. Whether you need assistance in real estate, education, or any other area our attention to detail will ensure your confidence in every aspect of your experience with us.
At Beyond, we value your uniqueness and are ready to discuss every detail to provide you with the best solutions. Whether you need assistance in real estate, education, or any other area, our attention to detail will ensure your confidence in every aspect of your experience with us.