Guide to Residency in Monaco

Obtaining a residency visa in Monaco is not always easy, but our Guide to Residency in Monaco gives newcomers an overview of the steps involved and advice from others who have already navigated the process.

• Research Monaco Residency Requirements
  • Visit the official Monaco government portal at Service Public Entreprises to understand the prerequisites for applying for residency.
  • Understand that you will need to provide proof of accommodation, a clean criminal record, and sufficient financial resources.
• Find Suitable Accommodation
  • Search for a property to rent or purchase in Monaco as you will need to provide a lease or deed.
  • Ensure the accommodation meets the minimum size requirements for the number of people applying for residency.
• Open a Monaco Bank Account
  • Choose a bank in Monaco and set up an appointment to open an account.
  • Prepare to provide necessary documentation such as your passport, proof of address, and initial deposit.
• Apply for a Monaco Residency Card (Carte de Résident)
  • Collect required documents, including a valid passport, birth certificate, marriage certificate (if applicable), and proof of accommodation.
  • Obtain a health insurance policy that covers you in Monaco.
  • Request a criminal record check from the last two countries you have resided in over the past five years.
  • Visit the Residents Section of the Directorate of Public Security to submit your application. The address and contact details can be found on the Service Public Entreprises contact page.
• Attend the Residency Interview
  • After submitting your application, you will be invited for an interview with the Monaco police department.
  • Prepare to discuss your reasons for moving to Monaco and your financial situation.
• Wait for Residency Approval
  • Residency applications can take several months to process.
  • Keep in touch with the Residents Section of the Directorate of Public Security for updates on your application status.
• Register with the Monaco Social Services
  • Once your residency is approved, register with the social services to access healthcare and other benefits.
  • Visit the Service Public Particuliers for more information on social services registration.
• Renew Your Residency Card
  • Be aware that the first residency card is usually valid for one year and must be renewed annually for the first three years.
  • After three years, you can apply for a card that is valid for three years, and after nine years, you may be eligible for a ten-year card.
  • Keep track of expiration dates and apply for renewal at least two months before your current card expires.

Please note that the above steps are a general guide and the exact requirements may vary. It is important to consult with the Monaco authorities or a legal professional for the most current and personalized advice.

What tips do digital nomads and expats have about residency and visas in Monaco?

"In order to visit Monaco, foreign nationals must obtain a Schengen visa from the French consulate in their home country. The process of applying for a visa involves submitting a valid passport, a completed application form, a passport-sized photograph, proof of accommodation, proof of financial means, and a travel itinerary. In order to obtain residency in Monaco, foreign nationals must submit an application to the Monaco Immigration Department. The application must include a valid passport, a completed application form, a passport-sized photograph, proof of accommodation, proof of financial means, and a detailed description of the applicant's professional activities. The applicant must also provide a criminal record certificate from their home country. Once the application is approved, the applicant will be issued a residency permit," commented one member living in Monaco.