Investment Visa Overview

Monaco Residency & Citizenship options

Monaco is an attractive destination for many reasons: its Mediterranean climate, its world-class infrastructure and its low taxes. But one of the most appealing aspects of Monaco is its permanent residency program, called Carte de Sejour. Remember that Monaco does not allow dual citizenship, so if you want to apply for Monaco citizenship after 10 years you will have to renounce your current citizenships first.

Program 1
  • Name
    Monaco Carte de sejour
  • Description

    Monaco is a well-known tax haven, and as such, many wealthy individuals are eager to obtain residency in the Principality. One way to do this is through the Monaco Carte de Sejour. This residency permit is available to those who can prove that they have sufficient means to support themselves financially, and who are able to demonstrate a “genuine link” to Monaco. In most cases, this will involve owning property in Monaco or having a job in the Principality. The Monaco Carte de Sejour option is valid for one year and renewable for a maximum of 10 years.

  • Requirements

    Accommodation in Monaco is a necessity of the bare minimum. The principal applicant will need to acquire or lease a family-friendly residence. In addition, a bank reference is necessary. The chosen bank will evaluate your ability to support yourself in Monaco. It will depend on the nature of your activities in Monaco and whether or not you continue to generate income. There is no minimum amount of cash required to transfer to Monaco "per se," and each bank's requirements may vary significantly. The unofficial amount required to transfer to a bank account in Monaco is 1 million Euro.

  • Validity
    1 year; 10 years max (1y-1y-1y-3y-3y-3y-10y)
  • Investment Type
    Income (Living Expenses)
  • Avg. Processing Time
    1.5 months
  • Investment Amount
    1,000,000 EUR
  • Avg. Agent Fee
    N/A
  • Physical Presence Requirement
    None
  • Can family be included?
    Yes
Official Government Website
Mobility Options
Investment Types
Passport Overview

According to the SovSpot Passport Ranking Index, the Monegasque passport is presently ranked 15th. It allows people to travel to 180 countries without needing a visa. As a result, it is one of the world's most sought passports, having a very high mobility score. Visa-free and visa-on-arrival entry is available to Monegasque passport holders in countries such as Brazil, Japan, the United Kingdom, the United States, and the whole European Union, allowing for nearly rapid travel around the world. Monegasque passport holders, on the other hand, need a visa to enter roughly 49 countries throughout the world, including China, India, and Russia.

Passport Rank

15

Visa Free Countries

180

Mobility Stats
  • Dual Citizenship Allowed?
    No
  • Visa Free Destinations
    127
  • Visa on Arrival
    41
  • Visa Online
    12
  • Visa Required
    11
  • Visa Free Access
    Schengen, USA, UK, Canada, Japan
  • World Surface Area Reachable
    58%
  • Unesco Heritage Sites Access
    44%
Passport Ranking Factors

Monaco Passport Visa Free Countries

The number of countries Monaco passport holders can enter without a visa (i.e. visa-free countries) is added to the number of countries Monaco passport holders can enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) or an electronic travel authorization (i.e. visa-on-arrival countries) (eTA). There are now 127 visa-free countries for Monaco passport holders, 41 visa-on-arrival countries for Monaco passport holders, and 12 eTA destinations. In total, Monaco passport holders can visit 180 countries without a visa, via a visa on arrival, or via an eTA. As a result, the Monaco passport is ranked 15th in the world. In addition to these Monaco visa-free and visa-on-arrival countries, there are 49 other countries where Monaco passport holders will need a physical visa or an eVisa (i.e. visa required countries).

Citizenship by Descent - Details
  • CBD Available?
    No
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