MonacoThe principality of Monaco (aka. Monte Carlo) is the 2nd smallest country in the world in the french riviera. Monaco has no income tax, no wealth tax, no local tax, no capital gains tax and very minimal inheritance taxes. Monaco has no double taxation agreement with other countries, which gives living in Monaco high degree of confidentiality and freedom. Monaco is a tax haven for foreign companies and businesses. In 2014, the country had about 30% of the population made up of millionaires.
Residence program
Residence with proof of funds, quoted from €500,000 to €1 million.
Citizenship program
No citizenship by investment. Naturalisation after 10 years of legal residence.
Minimum investment
€500,000 to €10 million
Investment name
Investment or entrepreneur activities
Qualifying investments
- €1 million capital transfer
- €1 million real estate purchase
- €500,000 in a business setup with atleast 5 jobs
Visa type
Business visa or Temporary residence permit
Processing time
3 months
Residency requirements
none
Permanent residence
After 5 years
Monaco citizenship
After 10 years of residence
Dual nationality
Restricted. Dual citizenship is only possible in some cases.
Last reviewed November 2026. Programme rules change often, so confirm details with us before investing.