Residence in Monaco by Starting a Business

Residence in Monaco by Starting a Business

Opening your own company in the Principality of Monaco is not only an opportunity to obtain a residence permit and generate income there, but also a chance to enter a prestigious business community where innovation, sophistication and style thrive.

Why Choose Monaco Residence Permit by Opening a Business:

Possibility to obtain citizenship

After 10 years of residence in Monaco with a residence permit, you can obtain Monaco citizenship.

Low taxes

Monaco offers some of the most favourable tax regimes in the world.

Safety

The Principality of Monaco is one of the safest places in the world.

High quality of life

This small country is known for its high standard of living, excellent infrastructure and well-developed education and healthcare system.

Favorable business environment

It is an ideal place to do business. There is no bureaucracy here, and the government actively supports entrepreneurs.

The “Pride Expert“ group has many years of experience in the field of residence permits for EU countries and Monaco in particular.

We’ll help you:

  • Select a suitable business idea and develop a business plan.
  • Register a company in Monaco.
  • Open a bank account in Monaco.
  • Collect all the necessary documents to apply for a residence permit.
  • Have an interview at the immigration service.

With Pride Expert, the process of applying for a Monaco residence permit will be as transparent and comfortable as possible!

F A Q

FAQs About Obtaining a Monaco Residence by Starting a Business:

To obtain a residence permit through starting a business, you must:

  • Register a company in Monaco.
  • Invest at least €500,000 in the business.
  • Create jobs for Monaco residents.
  • Prove that they have the means to live in Monaco.
  • Live in Monaco for at least 183 days per year.

The cost of obtaining a residence permit in the Principality through starting a business depends on various factors such as:

  • The cost of registering the company.
  • The amount of investment in the business.
  • Expenses for legal services.
  • State fees.

On average, applying for a Monaco residence permit by starting a business costs from €10. We will be able to give you more details once we have analysed your application.

The process takes 3 to 6 months. It is individualised.

You can get more information on the Monaco government website: monservicepublic.gouv.mc

«Pride Expert» Group is ready to answer any questions you may have and help you to obtain a residence permit in Monaco by starting a business.

Leave a request for a consultation right now and find out more about how to obtain a Monaco residence permit by starting a business!

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