“Why Monaco?”

Monaco Citizenship by Investment.

Monaco Citizenship by Investment. Monaco is without a doubt one of the richest countries in the world. With its magnificent beaches that have white sands to its capital city of Monte Carlo and its extravagant Casinos. The amazing architecture is a testament to the luxurious life of the residents.

Monaco is a cultural country that is famous for its diversity and its trend of inclusivity. Enamoured with beautiful sunny beaches and Football stadiums that house the best teams in the world, Monaco is the place to be.

We at WAC LAW ASSOCIATES are certified specialists who are the top immigration lawyers in Lahore, Pakistan in the field of immigration. Under the precise and committed guidance of our Principal of Practice Mr Waheed Ahmad Chaudhary who is one of the best immigration consultants in Pakistan, we are confident that we can help you and your family achieve your dream of living as a resent in a European state.

IMPORTANT KEY Factors:

  • Wherever you choose to live, work, or study within the EU
  • No inheritance tax or No dividend tax
  • Grant of Insurance Policy
  • Monaco allows for Dual Citizenship
  • The processing time period is very short.
  • The Monegasque consulate has 10 days to approve the permit if all the right documents regarding the residency program have been submitted.
  • Offers visa free travel to a 103 countries and walk in Visas in 20 countries

CAN I APPLY WITH MY FAMILY?

Yes, it is possible to apply with family for Monegasque residency. This includes;

  • Spouse
  • Children under 18 that are financially dependant
  • Parents that are financially dependant

Residency by Investment (Golden Visa)

Are you eligible?

The Residence by Investment programme that is also referred to as the Golden Visa for Monaco is particularly beneficial for candidates that want to become residents of Monaco and not be included in the tax framework. The following fundamental financial prerequisites apply to this permit:

  • Investment of at least 500,000€ in Monegasque property or properties
  • Or Depositing 500,000€ in a Monegasque bank account

If you can fulfil the above mentioned criteria you are in the safe hands of the top immigration consultants in Lahore, Pakistan.

HOW LONG DOES THE PERMIT LAST?

Basically there are 3 main periods concerning the actual residency. These include:

  1. The Initial Visa

When the application and case are submitted through the Monegasque consulate, this typically lasts for one year and is offered.

  1. Residency Permit.
    If this step is performed directly from Monaco during a visit then it is granted instantaneously.
  1. Monegasque Citizenship.

After 10 years of permanent residence Monegasque Citizenship can be applied. This makes you a passport holder in a major European state.

REQUIREMENTS

General Requirements:

The general requirements for the Permit include;

  • Not being in Monaco under any irregular or illegal circumstances.
  • 18 Years of age.
  • Clean criminal record in Monaco.
  • Clean criminal record in the countries where the applicant has resided for the past five years.
  • Offenses defined in the relevant Monegasque legislation should not have been broken.
  • Not be subject to an alert issued for the purposes of being refused entry in the geographical boundaries of countries with which Monaco has legal contracts.
  • The applicant is required to possess a public or private health insurance policy with an insurance company authorised to carry on its operations in Monaco.
  • possess the financial means to support themselves and their families during their first stay in Monaco.
  • The applicant must pay the visa or authorization processing fee.

The spouse or partner and children under legal  age or those of legal age who cannot provide by themselves and have not formed their own family and parents who are dependent, who might join the foreigner, may apply successively for their authorization and/or visa.

If you can fulfil the above mentioned criteria you are in the safe hands of the top immigration consultants in Lahore, Pakistan.

Specific Requirements:

The applicant is required to invest in Monaco in the following ways;

The process for obtaining a Monegasque resident and an EU citizen includes a few steps.

  • Investment of a minimum of 1,000,000 Euros
    500,000 Euros must be deposited and maintained in a Monaco bank
  • A deed of property in Monaco must be purchased for 500,000 euros.

Business projects in Monaco are those in which the following activities are performed;

– Creation of jobs.

– Socio-economic impact in the region where the project is located.

– Significant contribution to scientific/technological innovation.

The investor visa or residence permission may be obtained by a representative chosen by the investor to oversee a commercial project of public interest.

If you can fulfil the above mentioned criteria you are in the safe hands of the top immigration consultants in Lahore, Pakistan.