Residency

Monaco — Residency: Retirement Visa

Monaco does not have a designated retirement visa category; retirees enter and settle in the Principality using the standard residency program based on financial self-sufficiency. This pathway is well-suited for high-net-worth retirees who can readily demonstrate sufficient assets, pension income, or investment capital. Retired applicants must fulfill the same three pillars required of all residents: establishing local housing, passing a global background check, and obtaining a banking certificate from a local Monégasque bank verifying substantial capital reserves.

Gouvernement de Monaco - MonServicePublic · Last verified 2026-07-17

Key Facts

  • Retirees must apply under the standard 'independent' or financially self-sufficient residency category.
  • Proof of pension, capital, or trust income must be officially certified by a Monaco bank.
  • Suitable accommodation must be owned or leased for at least one year.
  • Applicants must provide clean criminal record certificates covering the past five years.
  • Non-EEA retirees must apply for a French long-stay visa at the French consulate in their home country.
  • Retirees must secure private health insurance that offers full medical coverage within Monaco.
  • Successful retired applicants are initially granted a one-year renewable temporary residency card.

Related Topics

visa-overview
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