Monaco

A member of the UN, strategically located in the
French Riviera, highly secure and a tax efficient jurisdiction.

Why Monaco?

BENEFITS

DIVERSITY IN CULTURE

ATTRACTIVE DESTINATION BORDERING FRENCH & ITALIAN RIVIERA

GREAT ACCESSIBILITY BY ROAD, SEA, AND AIR

BUSINESS OPPORTUNITIES – STABLE REAL ESTATE MARKET

TOP-NOTCH SPORTS, CULTURAL, AND EDUCATIONAL FACILITIES

NO INCOME, WEALTH, OR PROPERTY GAIN TAXES LEVIED

ELIGIBILITYWhat You Need?

ELIGIBILITYWhat You Need?

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01
NET WORTH
Proof of sufficient bank funds to provide residence for yourself and your dependents
02
INVESTMENTS
Besides proof of funds the investor must deposit an amount of 1,000,000 euros in Monaco bank towards investments
03
SECURITY
Applicants must have no felony convictions on their records
04
MEET CRITERIA
Personal interview conducted by an immigration officer to determine your eligibility as a resident

Summary

USD 1,000,000
MINIMUM INVESTMENT
8-10 Weeks
PROCESSING TIME
146
MOBILITY SCORE

AT A GLANCE

About Monaco

The Principality of Monaco, in Western Europe, is known as the ‘Billionaires Playground.’ The country ranks among the wealthiest countries of the world. Monaco is an independent sovereign state and a full member of the United Nations. It has a robust economy with the most progressive business and technology sector. Monaco is a tax haven with no income tax, property tax, or capital gains tax levied. Monaco is in a customs and monetary union with France. Therefore, French VAT applies. The native language of Monaco is Monegasque. However, French is the official language, while Italian and English are widely spoken as well. The country is regarded as a favorite for the wealthy, with substantial business opportunities, perfect climate, and luxurious infrastructure. 

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Rules And Regulations

01Timeline for Residency

Approval can take up to three months, once a visa application is submitted to the relevant French consulate. On obtaining the visa, an individual must apply for a carte de résident at the Service des Étrangers (Foreigners’ Section) of the central Monaco police station. To obtain a carte de résident, a visa-holder must complete an application form and present it, with other supporting documents, at an interview at the Service des Étrangers. The process takes eight to ten weeks.

02Timeline for Citizenship

Acquiring citizenship is extremely difficult because, before qualifying, one must have held a Monegasque residence permit for at least 10 years as an adult over the age of 21. Citizenship can be acquired after living for 6 months of the year for 10 years in Monaco. You must renounce any foreign nationality you possess as Monaco does not offer dual citizenship.

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India: 213, 2nd Floor, Arun Chambers,
Tardeo Main Road,
Tardeo, Mumbai- 400034,
Maharashtra, India

London: Krypton Consultants LLP
Kemp House 160 City Road
London EC1V 2NX

Phone: +91-9326328118

Email: info@kryptonglobalinvestments.com

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