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MONAKO

Monaco Investment Immigration Programs Overview.

With a well-earned reputation as a playground for Europe’s celebrities and wealthy, and a famously friendly tax code, it’s no surprise that Monaco’s residency program is popular with investors. Investors can secure Monaco residency simply by buying a property in the tiny principality and demonstrating that they have the means to support themselves — although given Monaco’s soaring real-estate costs and high cost of living, that can still be an expensive proposition.

For investors who have the resources, Monaco’s residency program is a quick and fairly straightforward way to get a foothold in Europe, along with the right to travel to most European Union nations. Still, it’s only really suitable for people who genuinely enjoy Monaco’s unique lifestyle, since renewing the visa requires maintaining a significant physical presence in the tiny principality.


How to Apply

Fill In The
Required Form

After passing general assessment qualification, GIIS expert consultant will help you to select the right application form with filling assistance.

Submit Your
Original Documents

Our expert Senior consultant will provide you the document list & guideline to prepare the documents.

Get The Visa
Resource Material

After fulfilling all the requirements, GIIS International Government licenced lawyers will process your visa to travel to your dream country.

Citizenship by Investment 

While Monaco’s residency program does include a pathway to citizenship, investors can expect a long and uncertain wait to find out if they’ll be able to get a Monegasque passport. Only people who’ve been resident of Monaco for 10 years are eligible to seek citizenship, and even then there are no guarantees: investors must show not only that they’ve developed legitimate ties to the principality, but also that they have made a major contribution to Monaco’s culture, economy or artistic community. That’s a determination that ultimately rests with the Prince of Monaco, and relatively few residents are ultimately awarded citizenship.

Business Visa Benefits

  • Visa-free travel or visa-on-arrival travel to more than 160 countries.
  • Free movement within the Schengen countries after Monaco becomes a member state.
  • Conditional tax exemption on world income.
  • The ability to pass one's citizenship to future generations by descent.
  • First class citizenship.
  • Obtain the citizenship and second passport within a short time.
  • Ownership of the 9th ranked passport in the world.

Mobility

Unusually for a non-citizenship program, Monaco’s residency offering does confer significant mobility benefits: thanks to the principality’s free-movement agreements with France, residents are permitted to travel freely throughout the Schengen Area, as long as no individual trip lasts longer than three months.

Residents who go on to acquire Monegasque citizenship can look forward to receiving one of the world’s strongest passports: with visa-free travel to 162 countries, including the US and Canada, the Monaco passport is ranked 15th in the world.


About The Country 

Monaco is tiny, squeezed into an area of barely three quarters of a square mile, but has built a huge reputation for itself thanks to its location on the French Riviera, its high quality of life and its extremely favorable tax code. Residents pay no income tax and no capital gains taxes, and don’t have to file tax returns, though goods and services do incur a VAT charge of around 20 percent. Russia and the UK have both sought to prevent their nationals from using Monaco as a tax base. For most investors, though, Monaco promises a tax-free lifestyle in a chic location famous for yachts, fast cars, and the finer things in life.




Frequently asked Questions

  • 1. What is a second/dual Citizenship?

    The possession of an additional passport (second passport) to the one you already have, offered by the country’s government through investment immigration programs.

  • 2. What benefits do I get by possessing a second passport?

    A second passport gives you the freedom of mobility (international visa-free travel). As a holder of two passports, you will be allowed to choose where to live, work, and study in both countries, and benefit from the two government services and other opportunities that each country may offer. In addition, a second passport opens the way to international financial services and legal tax reduction, and above all, you will be able to pass on multiple citizenships to your future children and grandchildren.

  • 3. What are the eligibility requirements to obtain a second citizenship through investment?

    Eligibility depends on the program requirements of your country of choice. In terms of residency requirements, some countries grant citizenship when the applicant resides in the destined country as a permanent resident for a specific period of time, while other countries grant citizenship directly (fast-track) through investment programs.

  • 4. Do I have to visit or live in the country of choice in order to get citizenship?

    Some countries require a minimum period of physical residence while other country programs require only a visit, and sometimes the applicant isn’t required to spend any time in the country.

  • 5. Are my spouse and children granted a second citizenship as well?

    Yes, your spouse and your dependent children (age conditions apply depending on the country) are included in the application. Some country programs include the dependent parents of the main applicant as well.