Moving to the Principality as an expatriate or to become a permanent resident requires a thorough knowledge of the procedures to follow and the conditions to be met. In this article, you will find all the important information you need to know to settle in Monaco.
Foreigners who plan to stay in Monaco for a maximum of three months per year generally need an identity document only, such as an identity card or travel passport. For non-Europeans, the same document is required to enter France.
For European citizens, with the exception of French residents who plan to stay in the Principality for more than three months, the following evidence is required to obtain an official residence permit from the Public Security:
European residents do not need to apply for a visa to settle in Monaco.
If you are a citizen of a country that is not part of the European Economic Area, you will need to apply for a visa to come to Monaco by presenting the following documents to the French Consulate:
As soon as you have obtained the visa, you must apply for the official residence permit from the public security, following the same procedure as for EU nationals.
However, if you have lived in France before moving to Monaco, the procedure is slightly different.
If you are a national of a non-European Economic Area country and have been resident in France for more than a year, you should do the following:
As a non-European national staying in France for less than a year, you must follow the rules applicable to foreigners from states outside the European Economic Area and apply for a visa at the French consulate.
Overall, the formal application process is pleasantly simple and most importantly, worth the effort! The principality offers the advantages of an incomparable tax system, an exceptionally high standard of living, the most prestigious environment you could ask for and visa-free access to all Schengen states for its residents.
For information on the purchase, sale, rental, management and the estimation of your property in Monaco, our team is available for further information.
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