Monaco Carte de Sejour​

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Program Type:

Residence by Investment

Processing Time:

2-3 months

Citizenship Timeline:

10 years

Permanent Residency Timeline:

10 years

Physical Presence Required:

None

Citizenship Visa-Free Access:

174 countries

Minimum Contribution:

€500,000

Contribution Options:

Bank Deposit

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Monaco Carte de Sejour​ IMI

Program Overview

Monaco Carte de Sejour​

An Independent Means/Golden Visa hybrid “program,” Monaco’s Carte de Séjour is essentially available to anyone the local government deems a “good fit” for the Principality.

Beyond being of demonstrably good character, having an education, and generally having good intentions in Monaco, being a good fit means being able to afford life in the exclusive city-state. Monegasque authorities ask that applicants deposit half a million euros in a local financial institution to demonstrate sufficient means to reside in Monte Carlo.

Though Monaco does offer a path to citizenship, dual citizenship is not permitted.

Monaco Carte de Sejour​

How to Qualify

To obtain a Monegasque Carte de Séjour, applicants must:

  • Lease or purchase a property adequate to accommodate the family or the individual;
  • Demonstrate the disposal of funds sufficient to support themselves in Monaco by depositing EUR 500,000 in a local financial institution.

Monaco Carte de Sejour​

Salient Benefits

  • Freedom of movement (but not settlement) within Schengen
  • Path to citizenship
  • Minimal physical presence requirements
  • Lower taxes
  • Safety and security
  • Warm climate
  • Enhanced education opportunities
  • Enhanced business access to large economies
  • Short processing time

Monaco Carte de Sejour​

Citizenship Timeline and Requirements

After completing the application for a Carte de Séjour, the applicant must make the bank deposit, obtain a lease or title deed for the residential property, and a clean criminal clearance certificate. The applicant must further take an interview with a public official, the purpose of which is to determine the applicant’s suitability as a resident of Monaco, taking into account educational background, business experience, and plans as a Monaco resident.

The first residency card is the “Carte de Séjour” and is valid for 1 year. The applicant needs to renew the permit three times before he can apply for the “Carte de Resident Ordinaire,” which has a validity of three years.

After completing the 10th year of residency, the applicant may apply for permanent residency, “Carte de Privilege,” which is granted at the discretion of the Monaco authorities. Applicants may be required to speak at least two languages (English, French and/or Italian) and have spent 6 months per year within the country during the years preceding the application.

The resident is eligible to apply for naturalization after the 10th year of residency. The request for citizenship is sent directly to the Prince who alone can grant or deny it. Monaco does not recognize dual citizenship.

Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.

Monaco Carte de Sejour​

Program Authority and Legal Basis

Applications for this program may be directed to Direction de la Sûreté Publique.

Legislation upon which this program is based Monaco law no° 1.144 of 26 July 1991.

Monaco Carte de Sejour​

IMI Pros Who Can Help You

Monaco Carte de Sejour​

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Monaco Carte de Sejour​

Program Statistics

See more statistics on this program and others in the IMI Data Center.

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