Settling and Living in Monaco

Forming or establishing an enterprise in Monaco is both a professional and a personal decision. Aside from its economic dynamism, its political stability, its moderate taxation rates and its especially welcoming climate, Monaco offers its residents an exceptional quality of life.

A move to the Principality of Monaco is made by following two separate procedures.

Professional

In order to do business in Monaco and form a company in Monaco, it is essential to obtain prior authorisation from the Princely Government. Only Monegasque nationals must file a declaration of intent to carry out a business activity rather than an application for authorisation.

Personal

Moving your personal residence to the Principality of Monaco involves filing an application for a residency card with the Monegasque authorities. This residency card is granted subject to certain criteria that the applicant must satisfy with evidence, in particular:

• that he or she has accommodation in Monaco, whether as a lessee, a homeowner or an accommodated person
• that he or she has adequate financial resources, by providing evidence of an adequate salary, professional income, etc.
• that he or she is of good character, by providing a criminal record certificate, for example

Find the procedures and all information required to move to the Principality on the website of the Princely Government