Residency | Monaco
Overview
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.
Investment: Minimum real estate investment of USD 375,000
Processing time: Six–eight months
Key benefit: The right to live, work, and retire in Mauritius
Benefits of Monaco Residency by Investment:
—–Attractive lifestyle and an ideal location at the border of the French and Italian Riviera
—–Excellent access by road, sea, and air at the international airport of Nice
—–A very stable real estate market that offers significant opportunities to investors as well as resident property dealers
—–High quality of sports, cultural, and education facilities
Procedures and time frame of residence by investment in Monaco
Our highly qualified professionals will assess your situation, inform you of the options open to you, develop a plan of action to help you achieve your goal, and make it all happen. We deal with government procedures quickly and efficiently on your behalf, based on our professional expertise and over 25 years of experience in the industry.
Establishing yourself or your business in a new country will require securing relationships with key partners such as government officials, bankers, and corporate professionals. SAIBCL’s experienced consultants will build a network of contacts and help you to become established in your new environment.
The specialized services of SAIBCL’s are a resource and complement to major law and consulting firms. We assist other firms and their clients with the unique and specific details required by the immigration and business relocation process and related planning.
Requirements of the Monaco Permanent Residence Programme
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 become resident, 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.