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by Zsolt Szemerszky

Zsolt Szemerszky

Application inquiry for Monaco residency

In the Principality of Monaco there are different conditions apply based on the nationality.
For your application for Monaco residence permit to be successful, you also need to provide information on your family status.
You, your spouse, children, etc.
The Monégasque Government will require a certificate of good conduct, namely a criminal record check (Certificato penale) information from the country or last two countries in which you have resided in the five years prior to your arrival in Monaco. This Monaco residency security check is required for each member of your family who are also applicants for a Monaco residence permit. In the Principality, an adult is anyone over the age of 18 years for this purpose.
A physical address in the Principality of Monaco is a prerequisite for the application. In addition, it is highly important that the property has sufficient bedrooms to accommodate the number of persons applying.
Please note that many banks in Monaco are part of the Association Monégasque Des Activités Financières (AMAF). Since May 2017, AMAF in Monaco recommends that its members ask for a minimum deposit of 500.000 Euro in case of Monaco residency applications. This amount can be different if the applicant has a registered business activity in the Principality.
For example inheritance, business activity, etc.