Monaco, an independent state located on the French Riviera, is well known for its reputation as a thriving business and financial center. Monaco is considered one of the most ideal places of residence for anyone wishing to reside in a safe European location with high-class leisure facilities, a pleasant climate, and a favorable tax system. No income or capital gains taxes, no double taxation agreements and high fiscal confidentiality make it an attractive country for high-net-worth individuals. The country offers excellent travel connections to the Schengen zone by road, sea, and air as well as a highly stable real estate market.
The Monaco residency by investment program allows investors from across the world to live in Monaco by making a minimum deposit of €500,000 in a Monaco bank and purchasing or renting a property in the country.

Monaco

About Monaco

Monaco is a safe country located east of Nice, in the South of France. As a de-facto member of the Schengen area, Monaco is a popular vacation spot for Europeans and high-net-worth individuals who flock to the country for its sunny and warm climate year-round. Monaco offers security, social and economic stability, quality education and health systems, and, above all, no or low taxes. Monaco is characterized by a very high-income economy, a high quality of life, and a very high standard of living. The economy is service-based, with tourism and financial services being two of the key industries. Monaco is known among tourists for its luxury, casinos, Formula 1 Grand Prix, and beautiful locations.

Population

Population

38,350
Language

Language

French
Currency

Currency

Euro (€) (EUR)
Capital

Capital

Monaco

Available Methods for Application

Depositing at least 500,000 euros in the Bank of Monaco and buying or renting a property gives the possibility of obtaining residence.

Immediate and Free Consultation with White Bird

Our experts at White Bird are ready to assist you. You can contact us and receive free consultation for your immigration needs.

Applicant

Applicant’s spouse

Children

If your family has special conditions...

Our experts at White Bird are ready to assist you. You can contact us and receive free consultation for your immigration needs.

Other Benefits

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Visa-free travel through Europe
Residents of Monaco are allowed to travel visa-free across the Schengen zone.
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Residency of the whole family
Along with the investor, family members including the spouse and children can also receive and have the benefits of a Monaco residence permit.
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Access to the EU healthcare and educational systems
Residents of Monaco can take advantage of high-quality and exclusive healthcare and educational services including universities, schools as well as hospitals, and clinics. It is crystal clear that these services are subject to charges.
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Lower Tax rates in comparison to other EU countries
As a holder of Monaco residency, there is no income tax, no wealth tax, no local tax, no property tax, and no capital gains tax on individuals. Corporate tax and inheritance tax are minimal in comparison to other countries.

Timeline

We have prepared a schedule for you according to the latest changes in Monaco.

Contract with White Bird Group

Consultation with experts and lawyers from White Bird Group and signing the contract

8 Mounth Later

Get a residence card

At this stage, you will receive your residence card.

This process in total

It will last about 8 months.