EN
Access to the European market, zero income tax, freedom of movement across the Schengen Area
The Monaco residence permit gives foreign investors access to an elite European principality with zero income tax and a high quality of life. The investor demonstrates financial independence by depositing a minimum of €500,000 with a bank and purchasing or renting property in Monaco. Resident cards are issued in phases — a temporary card for one year, an ordinary card for three years, and a privileged card for ten years. Monaco is not an EU member, but residents of the principality enjoy free access to the Schengen Area.
After three years of temporary status the resident receives an ordinary card for three years, and after ten years a privileged card for ten years with unlimited renewal.
The legislation does not specify a minimum number of days of physical presence required to maintain status.
Account opening at Monaco banks with personalised service and confidentiality, euro-denominated transactions, and asset structuring under European law.
No income tax for residents, and no taxes on capital gains or property.
The bank deposit remains the investor’s own capital rather than a non-refundable fee, and the property is a retained asset.
Zero income tax on income earned outside the principality, with the option to structure companies after obtaining residency.
Exclusive private banking and personalised asset management, with no tax on capital gains or dividends.
International schools, top European universities and clinics, and one of the lowest crime rates in Europe.
Thirty minutes from Nice airport — convenient for business travel across Europe.
A minimum of €500,000 is deposited, with the origin of funds confirmed. The deposit remains the investor’s property throughout the period of residency.
The investor then purchases or rents property in Monaco; both residential and commercial properties are permitted.
Total: from €500,080.
In an official marriage or documented long-term relationship.
Including children from previous marriages.
Provided they are financially dependent on the principal applicant and unmarried.
No age restrictions, with financial support from the principal applicant.
Cross-border decisions with clarity — from relocation and structuring to long-term planning, risk reduction, and private coordination.
Speak with a partnerA certified Mirsatori specialist runs a comprehensive integrity check to assess the likelihood of approval and minimise the risk of refusal.
The investor opens an account at an authorised Monaco bank, deposits €500,000, and signs a property purchase or rental agreement.
Mirsatori prepares the file for Monaco’s Directorate of Public Safety in French and registers the application, including the mandatory interview.
The Residency Section conducts a background check on the investor over 90–180 days.
The investor and family members travel to Monaco to activate digital identity on their resident cards.
| Category | Monaco RP | Cyprus PR | Malta PR | UAE RP |
|---|---|---|---|---|
| Investment Amount | From €500,000 | From €300,000 | From €182,000 | From $550,000 |
| For Entire Family | Yes | Yes | Yes | Yes |
| Status Duration | From 1 year | Indefinite | Indefinite | 10 years |
| Processing Time | From 60 days | From 9 months | From 3 months | From 1 week |
A bank deposit of at least €500,000 in a Monaco bank, plus rental or purchase of local property. Government fees are €80 for a temporary one-year card, €100 for an ordinary three-year card, and €160 for a privileged ten-year card.
Minimum physical presence requirements are 3 months per year. To obtain the privileged card after 12 years, one must spend a minimum of six months annually in Monaco.
The property may be replaced with another of equal or greater value on notifying the Monaco authorities, and the resident may freely dispose of it by sale or letting. The bank deposit must be maintained in the account permanently.
Yes — through naturalisation after ten years of continuous residence. Monaco does not recognise dual citizenship, so the previous passport must be renounced, and the decision is made personally by the Prince of Monaco.
Send a one-paragraph brief on the decision in front of you. You will have a considered reply within one business day, under signed NDA — the first conversation carries no fee. Where the position is complex, we scope a written memo from there.
Speak with a specialist