Residency

Monaco Residence Permit

The Monaco Carte de Séjour allows foreign nationals to live in the Principality for more than three months per year. This residency pathway provides the opportunity to reside in a country renowned for its security, political stability, favorable tax system, and exceptional quality of life.

No Income Tax Schengen Area Ultra-High Security Pathway to Citizenship
3
Residence Card Types
0%
Personal Income Tax
90d
Min. Stay/Year
10yr
Pathway to Citizenship

Key Highlights

Why Choose Monaco?

No Personal Income Tax
Monaco imposes no personal income tax on residents, except for French nationals. One of the most favorable tax environments in the world.
Ultra-High Security
Monaco has one of the highest police-to-resident ratios in the world, making it one of the safest places to live globally.
Schengen Area Access
As a Schengen associate, Monaco residents benefit from visa-free travel across all Schengen countries.
Proof of Accommodation
Applicants must provide proof of suitable accommodation in Monaco, either through a rental contract or property ownership.
Pathway to Citizenship
After 10 years of continuous legal residence in Monaco, foreign nationals may apply for Monegasque citizenship by naturalization.
Political & Economic Stability
Monaco is a sovereign principality with centuries of stability, a AAA-equivalent economy, and a world-renowned banking sector.

Available Programs

Moncaco Residence Programs Overview

Card Type Description Type Validity Requirement
Temporary Residence Card Entry-level permit, renewable annually Residency 1 year Proof of accommodation & financial means
Ordinary Residence Card Granted after several renewals of the temporary card Residency 3 years Several years of temporary card renewals
Privileged Residence Card Equivalent of Monaco permanent residency Residency 10 years 10 years of continuous residence in Monaco

Detailed Programs

Program Details

Click on each program to expand the details

Temporary Residence Card Residency · 1 year

The Temporary Residence Card is the entry-level permit for foreign nationals wishing to establish residency in Monaco. It is renewable annually and serves as the foundation for long-term residency in the Principality.

Non-EU/EEA/Swiss nationals must first obtain a French long-stay visa (Type D) before applying for residency in Monaco. Once granted, the residency card confirms your legal status as a resident.

Validity
1 year, renewable annually
Financial Proof Required
Bank attestation from Monaco institution
Accommodation
Rental contract or property ownership
Min. Stay Required
90 days per year in Monaco

The Ordinary Residence Card is granted after several renewals of the Temporary Residence Card, offering greater stability and a longer validity period of three years.

To qualify, applicants must demonstrate continued genuine residence in Monaco, maintain their accommodation, and show sufficient financial means to support themselves without working in the Principality.

Validity
3 years, renewable
Prerequisite
Several years of Temporary Card renewals
Accommodation
Must maintain Monaco residence
Min. Stay Required
90 days per year in Monaco

The Privileged Residence Card is issued after 10 years of continuous residence in Monaco and is commonly referred to as the equivalent of Monaco permanent residency. It offers the greatest stability and long-term security for residents.

Important: Extended absence risks non-renewal of the permit. Monaco has a restrictive approach to dual nationality — in principle, dual citizenship is not recognized under Monegasque law. After 10 years of continuous residence, holders may apply for Monegasque citizenship by naturalization, though approval is highly discretionary.

Validity
10 years, renewable
Prerequisite
10 years continuous residence
Pathway to Citizenship
By naturalization — discretionary
Dual Citizenship
Not recognized under Monegasque law

Application Process

Your Path to Monaco Residency

1
French Long-Stay Visa
Non-EU nationals must first obtain a French Type D visa before applying for Monaco residency
2
Documentation
Valid passport, birth & marriage certificates, criminal record, proof of accommodation & financial means
3
Monaco Bank Account
Applicants must open a bank account with a Monaco financial institution and provide a bank attestation
4
Government Review
Application submitted to Monaco Immigration & Residence Department. Background checks conducted
5
Residence Card Issued
Temporary Residence Card issued upon approval. Renewable annually for the first few years
6
Long-Term Residency
Progress to Ordinary (3yr) then Privileged (10yr) card. Pathway to citizenship after 10 years

Ready to Start Your Monaco Journey?

Contact us for a free, strictly confidential consultation. Our senior advisors will guide you through the Monaco residency process and help you establish your presence in one of the world's most prestigious addresses.

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