Monaco Residency by investment - Bank Deposit Route

Secure Monaco residency by maintaining a bank deposit while enjoying tax-free living

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At a glance

Quick facts

Minimum investment: €500,000; Currency: EUR

Typical timeline: 6 months; From application start

Highlights

Monaco
residency
bank deposit

~10 sec

Quick eligibility check

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1Are you over 18 years old?

Yes

2Do you have a clean criminal record?

Yes

3Can you demonstrate financial capacity of €500,000+?

Yes

Select answers above to get an instant indication and tailored next steps.

Program overview

Monaco Residency by Bank Deposit allows individuals to secure residency without purchasing property. Applicants maintain a minimum bank deposit in Monaco and benefit from tax-free living, healthcare, education, and visa-free travel. This option suits those preferring liquidity and financial flexibility while gaining family inclusion.

Investment overview

This program requires a minimum €500,000 held in a Monaco bank account. Investment types include fixed deposit accounts and flexible savings or investment accounts. Holding periods generally start at 1 year for fixed deposits. Compliance with local banking rules is mandatory.

Costs & proof of funds

Costs & funds

Program fees & proof of funds

Estimated program totals

EUR: €500,000

Required proof of funds

EUR: €500,000

Detailed fee table

Program fee breakdown with price, timing and notes.
Item	Price	When	Notes
Bank Deposit	€500,000	Before application submission	Funds held in a Monaco bank account for residency purposes

Swipe horizontally to see all columns.

We’ll share a personalized cost sheet after your pre-screen.

Proof of funds

Bank Statements€500,000
Proof of deposit and other assets if required

Required (EUR): €500,000

Figures are indicative and may change with family size, project selection and program updates.

Eligibility

Applicants must be 18+.
Clean criminal record.
Proof of financial capacity (€500,000+).
Valid health insurance.
Commitment to reside in Monaco.

Key benefits

Obtain full Monaco residency, including family members.
Residents pay no personal income tax.
Access to healthcare, education, and social services.
Visa-free travel across the Schengen Area.
Keep funds liquid without the need to purchase property.

Application process

Process

How it works

5 steps

Step 1: Open Monaco Bank Account
Open an account and deposit €500,000+.
GuidedAvg. 2–4 weeks
Step 2: File Residency Application
Submit forms and supporting documents to authorities.
GuidedAvg. 2–4 weeks
Step 3: Interview (if requested)
Attend an interview with officials and present proof of means and accommodation.
GuidedAvg. 2–4 weeks
Step 4: Receive Initial Permit
Obtain a 1–3 year residency card and register locally.
GuidedAvg. 2–4 weeks
Step 5: Maintain Compliance
Renew while keeping the bank deposit and other requirements.
GuidedAvg. 2–4 weeks

Comparison

Feature	Bank Deposit	Property Investment
Minimum Investment	€500,000	€500,000 + property
Liquidity	High, funds remain in bank	Low, tied to real estate
Family Inclusion	Children up to 25, spouse, parents case-by-case	Children up to 25, spouse, parents case-by-case
Tax Benefits	Full exemption	Full exemption
Complexity	Simpler banking arrangement	Requires property purchase/rental