General program requirements

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.

Program 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

Requirements to qualify for citizenship

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.

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

No statistics available yet for this program.