Information made available on this website in any form is for information purposes only. It is not, and should not be taken as advice. You should not rely on, or take or fail to take any action based upon this information. Please do not disregard professional advice or delay in seeking advice because of something you have read on this website. Astons professionals will be pleased to discuss any specific questions you have.
Astons > Residency by Investment > Monaco Residency By Investment
Minimum Investment Options - Average €1 Million
Within 24 hours, we shall conduct a preliminary assessment and gauge your prospects
Among the Most Prestigious Golden Visas in the World
Interested Investors Must Schedule a Consultation
Citizenship Possibly After 10 Years
World Renowned Tax Haven
Monaco’s residency by investment program represents the top echelon of personal sovereignty solutions and the ultimate route for high net worth entrepreneurs, investors, and families to personally capitalize on the only zero-tax jurisdiction in Europe.
A Golden Visa that may actually be made of gold, the country’s name is synonymous with the best the world has to offer. Many may be able to visit Monaco, but only the select few can call it home. And beginning in 2025, far fewer will be able to simply visit.
One of only five micro-states that remain in Europe, the famous city-state is an extremely attractive jurisdiction for high-income individuals and businesses, as residency in Monaco is regarded as an immensely powerful tool for international tax and wealth optimization, as well as an unparalleled symbol of status.
Monaco represents the only genuine European tax haven – there is no income tax, no wealth tax, no local tax, no property tax, and no capital gains tax for individuals. Meanwhile, corporation tax and inheritance tax are minimal.
The most prestigious address along the French Riviera redefines luxury and access for any entrepreneur, investor, and family with the resources to make the pinnacle of power moves. Applications for the Monaco Golden Visa can be approved in as little as 2-6 months, but each application is handled independently and require an initial consultation before beginning.
For the Monaco Golden Visa, it is best to begin with our Free Confidential and Comprehensive Consultation, and Astons’ experts will analyze how your specific wants, needs, goals, and demands align with the program and provide you with the best solutions.
Trust Astons – a better life awaits.
Fill in our contact form and one of our immigration experts will reach out to you shortly.
Monaco Residency by Investment offers visa-free access within Schengen Zone — get visa-free access to 27 EU states, including Switzerland, Luxemburg, Italy and Germany. Go on a last-minute business trip or take your family on a spontaneous holiday in Europe — open up Europe with Astons.
3-base requirements must be demonstrated by applicants when applying for residency:
The minimum investments for applying for Monaco Residency are not, however, set in stone. This is because the costs lie in the expenses of whether an applicant decides to rent or purchase a property, proceeds with a bank deposit or has alternative proof of sufficient financial resources.
Minimum investments tend to be €1,000,000 out of which €500,000 is for bank deposits, and a minimum of €500,000 for property investment.
Regarding proof of good character, applicants should present a clean, criminal record from the last 2 countries they have resided in, over a period of the past 5 years.
This should also be for more than 90 days a year, before arriving in Monaco. Presented clearly in the table below, are alternative options for how applicants can meet the accommodation and financial requirements:
Astons’ focus is to provide a hassle-free and seamless service, assisting you every step of the way with your residency application. We will guide you through the Monaco residency acquisition process with due diligence and care, ensuring that your application is submitted correctly and following up the application approval. We deal with all procedures efficiently on your behalf, based on professional expertise and years of experience.
Astons immigration advisers will evaluate your personal circumstances and help you to select the most suitable investment option. Residency can be granted to the entire family, including spouses/partners, children, and parents, provided that the property has sufficient bedrooms to accommodate the number of family members applying.
A detailed checklist will be provided, and you will be guided through the documents collection stage. Experienced immigration advisers will be checking all documents for compliance to ensure all requirements are met, including proof of accommodation and financial self-sufficiency documentation. The bank letter confirming your deposit has to be written in French.
The complete application for a residence permit along with all supporting documents confirming the proof of accommodation, applicant’s financial resources and proof of good character will be submitted to the Monegasque authorities.
Once the application has been submitted, the official residency interview will be scheduled with the Residents Section of the Directorate of Public Security.
Each application is vetted by the Government through a thorough due diligence background check, during which time submitted information is examined and verified.
Once the application is reviewed and approval is granted, you will be issued with a residence permit the government will issue a letter advising you of their decision.
EU passport holders can expect their card to be authorized within 8 weeks after the approval; the processing time for Non-EU citizens varies from sixteen to twenty weeks. To be a tax resident applicant may have to stay at least half year in the country.
Simply stated, a lifestyle that everyone dreams about but only the select can enjoy. Along the Côte d’Azur – better known as the French Riviera – Monaco is only 2 hours from Saint Tropez with stops in Nice and Cannes along the way and 40 minutes from the Italian border. Monaco is luxury in every dimension, enjoying an exceptional year-round climate, picturesque scenery, and upscale lifestyle. Known for the Formula 1 Grand Prix , Monaco caters to its wealthy population attending to their needs, dreams, goals, and desires with luxury hotels, designer shops, the highest-end properties, yachting and marina facilities, and beautiful beaches.
Unlike all other Golden Visa programs, the required minimum investment for Monaco is a bit complex and difficult to determine. However, it is very easy to provide that absolute bottom line that needs to be met prior to even considering Monaco as an option. A capital deposit of at least €500,000 is required to be made into a Monaco-based bank account – but the bank is free to require more. In reality, most applicants can expect to invest around €1,00,000 – with half used to purchase or rent a property.
You should opt for Monaco’s golden visa program if you want to benefit from an incredibly high-standard of living and advantageous tax obligations. Moreover, applications have the chance to invest in Monaco’s local property market, with fantastic potential for future returns.
Monaco is a micro-state within the EU, but is itself not an EU member. In addition, Monaco does not have an independent visa policy as it does not have its own airport. In order to enter Monaco, you must first enter France and then either cross into Monaco by land or by helicopter. Thus, Monaco has adopted the EU’s Schengen Zone entry policy. Which means, in order to enter Monaco, you must first be able to enter France. Beginning in 2025, the EU will be launching the ETIAS eVisa system requiring all third-country nationals to be pre-approved prior to entering France, and thus by default, Monaco. Monaco residents will be exempt from the ETIAS requirement.
Yes, residency in Monaco can become citizenship. You must maintain residency status for 10 years before applying for citizenship, however, Monaco does not recognize dual citizenship status and thus obtaining citizenship in Monaco requires renunciation of other citizenship.
Monaco is the only genuine tax haven in Europe. There is no personal income tax for nationals, legal residents, or foreigners with tax residence. In addition, locally registered businesses receive very favorable tax incentives and exemption, unless more than 25% of their revenue derives from outside the country. There are special tax implications and considerations for French citizens and residents.
Unlike all other Golden Visa programs, Monaco implements a 3-stage process: proof of accommodation, proof of wealth, and proof of good character. Accommodation can be a real estate purchase, renting a property, or even living with your family. Wealth is proven by a capital deposit into a Monaco bank of at least €500,000, but could be as much as €1,00,000. And character is a global background check spanning back 5 years.
Why Our Clients Choose Us
33 years of industry leadership and dominance - ASTONS is one of the original firms that molded the investment immigration industry. Founded in London in 1989, Astons has evolved into a family of global companies now headquartered in Dubai.
Astons personally serves clients via our global footprint with offices in Istanbul (Turkey), Limassol (Cyprus), Dubai (UAE),Athens (Greece), Fort Lauderdale (USA) and Saint Julians (Malta). As well as, via text message, WhatsApp, Telegram, or email.
ASTONS maintains licensed partnerships with the official govermental agencies operating the CBI and RBI programs. ASTONS operates in strict accordance with the laws and regulations of every country where we do business - cooperating with local regulators and government officials. Ensuring no risks for you, your reputation or brand, and your investment.
ASTONS, on average, helps nearly 300 clients a year. With historical totals of: More than 9,000 clients A clientele from over 50%+ of the world’s nationalities $2.6 Billion+ USD in immigration and real estate investments
100% of clients who pass the Astons’ due diligence review have their applications approved. The Astons due diligence team of seasoned UK lawyers and industry experts advance our clients’ interests by maintaining direct and constant contact with government officials - leveraging our experience, expertise and methodology of the British law school to conclude the immigration process in our client’s benefit.
ASTONS offers only the best the world of investment immigration and luxury real estate has to offer. We expertly select citizenship and residence programs that can deliver solutions to virtually any client. As well as premium real estate in 11 countries to appease the most discerning buyer or investor. Our experts find the most advantageous solutions to address every client’s wants, needs, and demands.
ASTONS experts are regularly relied upon by global media outlets and publications to provide expert insights and comments for investment immigration; including: Bloomberg, The Times, CNN, The Telegraph, El Tiempo, El Pais, El Economista, MSN UK, SchengenVisainfo and many others.
ASTONS didn’t create the world of immigration investment, we perfected it for the benefit of investors. Astons consistently ranks as a TOP-25 firm in the international immigration industry by Uglobal Immigration Magazine, Best European Citizenship Advisor 2018, and Best Full-Service Investment Immigration Firm 2019.
Testimonials
Very impressed by the professional approach of the Astons team. Despite the difficult “covid” time, all issues were resolved very quickly and constructively.
As a result, the process of preparing the entire set of documents for Dominica citizenship for 3 family members took no more than a month, and the passports themselves were received in record time – 3 months after filling out the D1 questionnaire. I recommend this company to everyone.
Having reached my 60s, I am less involved with my business and was looking to travel and enjoy life with my partner. It is tough to travel with a South African passport, and obtaining visas is difficult.
I also wanted extra security due to the political situation in my home country. I required a streamlined solution with a reputable investment citizenship program. I reached out to Astons, and Igor recommended Saint Kitts and Nevis Citizenship Program, which has been operating since 1984. The team provided full support with the documents and application, as well as payments, and in three months, my wife and I became owners of the SKN passport. We are now free to travel around the world with no visa implications, and are happy to enjoy our new enhanced lifestyle!
As an IT company owner based in Delhi, I continuously travel around the world both for business and with my family. I was tired of continuous visa applications and found it impossible to fly during the pandemic.
Having decided that is was high time to secure a second passport we looked around for the fastest and most reliable solution. I contacted Astons and received a detailed quote from Konstantin, based at the London office. I was asked about my requirements and was advised to apply for Vanuatu Citizenship as the quickest and cheapest option. In just two weeks, Astons had completed my application, and two weeks later, my citizenship was approved. I went ahead with my investment, and received my passport two weeks after that, making the whole application process a total of 1.5 months start to finish! Konstantin is an expert, and the team is very professional, so I would highly recommend Astons if you are considering second citizenship and require a fast service.
I was interested in a second passport to gain protection from potential risks and attacks on my business by state inspections and other bodies. I also wanted to invest in property overseas to protect my wealth.
After consulting with the Astons experts, I decided to obtain Turkish citizenship via the real estate investment route. Astons’ team prepared a lucrative real estate portfolio for me, showcasing properties in the centre of Istanbul, with 6-7% annual profit yield and the potential to re-sell in 3 years after citizenship had been obtained. The team seamlessly and expertly prepared and submitted the documents, as well as assisting with the property acquisition. After just two months, I received my Turkish passport and would highly recommend Astons to those who are considering second citizenship.
I turned to Astons for a consultation on Caribbean passports, having seen an article about Pavel Durov and how he obtained Saint Kitts and Nevis citizenship. For me, this was relevant since I travel a lot, live in different places, and have long considered myself a citizen of the world.
Therefore, I wanted to get a second passport for global mobility, and to have the freedom of movement any time I travel abroad. I contacted Alexander, who guided me through all the options and explained the advantages and pitfalls to be aware of. My primary intention was to obtain a fast passport for global mobility, so the Vanuatu Program best fitted my requirements. The application process was smooth, and I wasn’t keen to wait for several months for a new passport. What most impressed me was that every timeline Alexander gave me was spot on. Thanks to all of the Astons team for your help, and your excellent work. I could see from day one how hard you all work, with a degree of efficiency, creativity and patience.
My experience with Astons has been incredible. After vetting a number of international & Turkish companies for my Turkish citizenship application, I’m so glad I went with Astons. Both Susanna & Alev were outstanding throughout the process & made all the difference.
The entire process was well-defined & thoroughly explained to me, amazing real-estate properties (with great ROI prospects) were carefully vetted for me to choose from, the in-person visit to Turkey was efficient, and the communication from Astons team was excellent throughout. What a great team of experienced professionals to deal with! Thanks for making the entire experience predictable & hassle-free. :pray:
My daughter is 16 years old, and so I needed to plan for her university education. She has a more European mindset, and I have always hoped she would be able to study in the UK, as well as being keen to live in and explore Europe myself.
My career is reasonably successful, so I wanted to diversify my life, travel more often and work remotely. Some friends recommended Astons as having helped them obtain Saint Kitts and Nevis citizenship, so I went ahead, and we discussed various options. The ideal solution was to apply for Cyprus citizenship, being a European Union country and the investment being in reliable real estate. We also had the bonus that my daughter would receive Cypriot citizenship within one year – and therefore be able to choose a university in the UK or Europe. The processing was seamless, and I felt surrounded by great care and attention. Astons’ experts prepared an exclusive property portfolio for me and arranged a virtual tour. They also carried out the essential checks to ensure the safety of my purchase. Now, with a Cyprus passport, I can live wherever I wish, and my daughter can study in the UK. Astons also helped us with her relocation to London and university selection for which I am especially grateful!
Connect with Astons via our website, email, WhatsApp, or Telegram, to schedule a consultation. Together we’ll find the perfect residency by investment program for you and your family. In the consultation, we will:
Country | Type | Min. Investment | Processing Time | |
---|---|---|---|---|
Cyprus | Permanent residency | USD 300,000 | 2 Months | Lean more |
UAE | Residency permit | USD 205,000 | 2 Weeks | Lean more |
USA | Residency permit | USD 800,000 | 12 Months | Lean more |
Malta | Residency permit | USD 300,000 | 60 Days | Lean more |
Spain | Residency permit | USD 500,000 | 60 Days | Lean more |
Greece | Residency permit | USD 250,000 | 2 Months | Lean more |
Portugal | Residency permit | USD 280,000 | 90 Days | Lean more |
Hungary | Residency permit | USD 155,000 | 4 Months | Lean more |
UAE, Dubai
Russia, Moscow
Turkey , Istanbul
Cyprus, Limassol
Portugal, Cascais
USA, Fort Lauderdale
Malta, St Julian’s
Information made available on this website in any form is for information purposes only. It is not, and should not be taken as advice. You should not rely on, or take or fail to take any action based upon this information. Please do not disregard professional advice or delay in seeking advice because of something you have read on this website. Astons professionals will be pleased to discuss any specific questions you have.
Personal immigration expert will answer all your questions in detail and offer the best solution for your needs.
Personal real estate agent will answer all your questions and offer the best properties for your needs and budget.
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