Monaco has always been one of the top destinations for wealthy individuals because of its perfect location on the French Riviera, its strong economy, its low tax environment and its luxurious lifestyle.
If you want to apply for the Monaco resident permit and obtain your residency card, you will have to take the following steps. Note that it is mandatory to submit the application for anyone who is at least 16 years old and planning to live in Monaco for more than three months in a year. You will be given a “temporary card’ for the first year.
How to apply for a residence permit in Monaco ?
The residency requirements :
To reside in Monaco you will have to show :
- Proof of accommodation which can be one of the below options
A certification of ownership of the apartment in Monaco
Company’s statutes showing you are the director of a company owning the apartment
A rental contract of 12 months minimum registered in Monaco
An official form showing you are staying with a relative in Monaco (Certificat d’Hébergement) - Proof of sufficient financial resources which can be
An employment contract showing salary paid by a Monaco company
A professional income if you are self-employed in Monaco
A document showing you are supported by a relative or a partner living with you in Monaco
A bank letter in Monaco confirming that you have enough resources (500.000€ per person if you have no employment contract in Monaco) - Criminal records information of the last country you have been resident in the five years before coming to Monaco
Required documents :
You will also need to prepare the following documents :
- Valid passport, which must includes a long-stay Visa if applicable
- Birth certificate
- Marriage certificate (or divorce certificate if applicable)
- For children, a valid passport or identity card, proof of custody of minors (if applicable), proof of adoption (if applicable), proof of education outside Monaco (if applicable),
Note that if documents are not in French, English or Italian, you will need to provide a translation.
The steps to Monaco Residency
- Obtaining your long-term Visa (type D) for Monaco
Only for the non-EU residents, you will have to apply for a Visa at the French Embassy or Consulate of your current country of residence
- Collecting the documents showing evidence of accommodation
- Apartment’s rental contract
- Apartment’s certificate of ownership
- Certificat D’Hébergement if you are living with someone in Monaco
- Collecting the documents showing evidence of funds
- Attestation from your bank holding a 500.000€ deposit or
- Employment contract in Monaco
- Collecting all other required documents
- Valid passport, which must include a long-stay Visa if applicable
- Birth certificate
- Criminal Record information
- Marriage certificate (or divorce certificate if applicable)
- Submit your application online and make an appointment
Follow the online service to create your account and upload all the documents
The online service allows you to apply for your first residence card but also for future renewals. An agent will contact you to give you a date for your interview.
- Attend your interview with the Monaco Authorities
During this interview, Monaco autorithies will ask you about your education, your work experience, your family. - Receive your first Monaco residency permit
During the next 6 to 8 weeks, the Monaco authorities will make all the checks. Once all the verification is completed you will be given your first “Carte de Séjour Temporaire” which is valid for one year. You will renew it annually for three years.
The Monaco Residency Application Timeline
Month 1 Apply for a long-term Visa D (for non-EU citizens)
Month 2 Apply for the Monaco permit and get an interview date (depending on availability)
Month 6 Receive your first Monaco residency permit
Year 1 Renew your Monaco residency permit “Carte de Séjour Temporaire”
Year 3 Request a Monaco Residency permit valid for 3 years : “Carte de Séjour Ordinaire”
Year 9-10 Request a Monaco Residency permit valid for 10 years : “Carte de Séjour Privilégié”
