Relocating to Monaco

Relocating to Monaco: key information to prepare your journey

Relocating to Monaco involves far more than a simple change of address. It is a structuring life project that requires anticipating residency conditions, administrative procedures and patrimonial implications.

  • Understanding the requirements to obtain Monaco resident status.
  • Identifying housing and financial resource requirements.
  • Anticipating the tax and patrimonial implications of relocating to Monaco.
  • Structuring the project within a compliant and secure framework.
Monaco taxation and regulatory framework

Relocating to Monaco: laying the foundations for a coherent and sustainable project

Relocating to Monaco is based on clearly defined criteria: suitable accommodation, sufficient resources, formalities with the Monegasque authorities and overall coherence of the life project. Beyond the Principality’s attractiveness, a rigorous approach helps avoid approximations, secure long-term residency and effectively align taxation, patrimonial organisation and international mobility.

Banking relationships in Monaco: criteria for opening an account and operating framework

Banking relationships in Monaco are based on a demanding regulatory framework that is aligned with international compliance standards. The opening of a banking relationship is subject to an individualized analysis conducted by each institution, based on knowledge of the customer, the origin of the funds, and the overall consistency of the file, with no automatic right or guarantee of acceptance.

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Other information topics

Access other information guides dedicated to families and entrepreneurs wishing to better navigate Monaco’s wealth management environment.

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