{"id":72751,"date":"2021-03-23T21:23:14","date_gmt":"2021-03-23T20:23:14","guid":{"rendered":"https:\/\/www.monaco-tribune.com\/2021\/03\/video-a-beginners-guide-to-becoming-a-monaco-resident\/"},"modified":"2021-03-23T21:24:01","modified_gmt":"2021-03-23T20:24:01","slug":"video-a-beginners-guide-to-becoming-a-monaco-resident","status":"publish","type":"post","link":"https:\/\/www.monaco-tribune.com\/en\/2021\/03\/video-a-beginners-guide-to-becoming-a-monaco-resident\/","title":{"rendered":"VIDEO. A beginner\u2019s guide to becoming a Monaco resident"},"content":{"rendered":"\n

Many are the businesses and foreigners who aspire to settle in Monaco. If the Principality\u2019s mild climate, luxurious lifestyle, safety and fiscal advantages are a dream come true for most, moving to the exclusive city-state is not something that can be done on a whim. Here is all you need to know about applying for Monegasque residency. <\/strong><\/p>\n\n\n\n

Monaco\u2019s Welcome Office has been assisting those who wish to settle in the Principality since 2011. Unlike most European countries, any foreigner over the age of 16 who wants to live in Monaco for more than 3 months per year must apply for a residence permit. The permit is issued by the Monegasque authorities.<\/p>\n\n\n\n

The first thing to know is that the process varies according to your nationality. Citizens of the European Economic Area (EEA) only need a valid identity card or passport in order to apply for a permit. However, non-EEA nationals must apply for a Monaco settlement visa, which is \u2013 paradoxically – issued by French authorities. The visa requirement also applies to minors of non-EEA countries. <\/p>\n\n\n\n

>> READ ALSO:<\/strong> With Brexit around the corner, are more Brits moving to Monaco?<\/a><\/p>\n\n\n\n

Monaco, a melting-pot on the Riviera<\/h2>\n\n\n\n

Future Monegasque residents must have a lodging that corresponds to their household needs. In order to fulfil the requirement, anyone applying for a residence permit must provide proof of a signed and registered lease. Given that leases between private individuals are rare in Monaco, real estate agencies are a go-to when looking for a place to rent (or buy) in the Principality.<\/p>\n\n\n\n

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>> WATHC ALSO:<\/strong> Laurence Garino, Director of Monaco Welcome Office, answers your questions about becoming a Monaco resident<\/p>\n\n\n\n

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