Monaco offers residence to financially self-sufficient individuals who establish a genuine home in the Principality and demonstrate adequate financial resources. There is no statutory minimum investment. Applicants may rent or own suitable accommodation and commonly demonstrate financial means through a Monaco bank reference. A EUR 500,000 banking relationship is widely used as a practical benchmark, although individual banks may require substantially higher assets.
- Published requirement
- No statutory minimum investment. Applicants must demonstrate sufficient financial resources and secure suitable accommodation in Monaco. A Monaco bank attestation is commonly used; approximately EUR 500,000 is a widely applied banking benchmark, although individual banks may require more.
- Timeline
- Typically around 3–6 months, depending on nationality, banking onboarding, documentation and the authorities' review.
- Stay
- Genuine residence in Monaco required; no fixed statutory annual day-count for the standard residence permit.