It is easier to get a residency permit and live in
Monaco, as you think. You don't have to be a billionaire to
enjoy Europe's most luxury country!
Advantages of the Monaco temporary residency scheme
– You can live in Monaco. The Principality is not an EU
Member State but a member of the Schengen zone, and you can travel
in Europe visa-free!
– The residents of Monaco do not have to work there or do
business and pay taxes.
– You can become a resident in Monaco through any French
consulate of the world.
How to get a Monaco temporary residence permit?
The conditions of the Monaco temporary residency scheme are more
straightforward than most of the similar programmes in Europe. The
main requirement is to deposit sufficient funds in a local bank.
Moreover, you must have funds outside of Monaco. You also have to
prove that have a steady income sourced outside the Principality.
The last requirement is to purchase or rent a residential real
estate in Monaco.