Located on the Mediterranean Sea, with France as its only neighbor, the Principality of Monaco is the second-smallest country in the world.
Monaco offers a high standard of living, temperate weather, a high level of personal security, a modern and efficient infrastructure, and an absence of income or capital gains tax for residents.
Monaco allows foreign nationals to make an investment in the country and gain Monaco residence in return. Sixβseven months for EU, Liechtensteiner, Norwegian, and Swiss citizens, and eightβnine months for other citizens.
With a land area of only 2 km 2 , the Principality of Monaco is the second-smallest country in the world and one of the wealthiest. The requirements to become resident in Monaco are not as strict as commonly thought, but it is nevertheless advisable to employ a consultant or lawyer to handle an application for residence on your behalf. To acquire residence, you must be able to show sufficient means to be able to afford the lifestyle, in particular, the rent and prices for real estate, which are comparable to big capital cities.
Under this offering, wealthy individuals can make a significant investment to the country and become Monaco residents. Applicants who are not nationals of the EU, Liechtenstein, Norway, or Switzerland or holders of a French residence permit must obtain a long-stay type D visa from a French embassy or consulate.
