Europe · residency
Monaco Residency
Zero income tax on the Mediterranean, from €500,000 on deposit
Monaco levies no personal income tax on residents (French nationals excepted). Residency requires a Monegasque bank deposit, typically €500,000 or more, plus proof of accommodation in one of the world's tightest property markets.
Timeline
3–6 months
Visa-free access
Residency, no passport
Residence required
3 months per year initially, 6 months for the 10-year card
Family included
Spouse and dependent children
Investment routes
Ways to qualify
Bank deposit and accommodation
$545k
Deposit with a Monegasque bank, retained under management, plus a purchase or 12-month lease of Monaco accommodation.
Why it works
Program highlights
- No personal income tax for non-French residents
- Exceptional security, healthcare, and private banking
- Schengen-area access via France
- 10-year residency card after six years, permanent status after ten
Tax position
No personal income tax, no capital gains tax, no wealth tax for residents
Do you qualify
Eligibility requirements
- Monegasque bank account with a substantial deposit, typically €500,000+
- Purchased or rented accommodation in Monaco
- Clean criminal record from all countries of residence in the past five years
- Private health cover
Questions
Monaco, asked and answered
Enquire about Monaco
Get a written, fixed-fee proposal
Also consider