How To Become A Monaco Resident
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- เผยแพร่เมื่อ 22 ส.ค. 2024
- Monaco is the world's favourite tax haven.
And you can live there in your dream home with the help of the Monaco Estate team.
Our team can help you through the residency process and we have access to every property available in Monaco, many of them off market. To download our special report go to monacoestate.c...
To see a selection of our current properties please visit monacoestate.c...
Download our free report on making Monaco your home at monacoestate.com/resources-about-real-estate-monaco/
Based on the first requirement, *I'm probably not ready for a Monaco residency*
I beg to differ..If that’s your real name : )
Unfortunately, the Prince of Monaco denied my permit allowance, because I don't hit the gym often enough; also I'm using the Matrix machines, which are viewed as cheap and giant in Monaco.
Can I have some Bitcoin?
I think it's quicker if I just wait for the North African plate to merge with the continental Europe plate...
🤣🤣🤣🤣
Lol
lmaoooooo
🤣Well said 👏
😂😂😂😂😂😂
I can't even afford to breathe the Monaco Air... 🤣🤣
Oh yes you can!
Lets work towards it and one day we will be able to!
I wouldn't want to😂
No wonder, they’re an oil and natural gas based economy. Within such a small space as Monaco is you’ll be lucky to get anything fresh wafting in through your window ever. I have yet to see an example of these rich banking communities admitting to funding the insurance of illegal forms of trade that poison children to death via the air we breathe. 🥸
You can’t because some stupid cop will come and harass you and interrogate you.
Just apply for job and work there. Then you won't need to pay anything
I was in Monaco yesterday. Saw all these beautiful appartments. Didn’t know it takes all of this. Very informative !
Thank you Maryll
@@GrahamRowanWealth Graham....you made a mistake methinks. i think you need to stay 6 months of a year not 3. Everywhere I have heard or read it's 6 months.
Very accurate and with most of necessary details. I can confirm it being a resident for almost 5 years now. Just to add something. If you have a property in France generating a rental profit or if you have any kind of business in your country of origin and spent there more than 183 days per year and you spent in Monaco a required 3 months only , you will face troubles to remain a person with no personal income tax which is one the main attractions in Monaco. French tax authorities will ask you to present so called Cerificat de residence pour raisons fiscales. This is a document which will help yourself not to be considered as tax resident in France which is very painful if we look at the level of taxes. You still must pay taxes on your rental income to french tax office but they will not consider you as french tax resident for ALL OTHER INCOME you have. But if you apply for for such a certificate Surete Publique will ask to prove that you spent more than 6 months in the Pricipality. And be ready to prove it. Otherwise the certificate will not be issued. Why this is important to know? Because you need to understand what and how you gonna do AFTER you get your resident permit.
Wow, this is incredible!
I always knew about the magnificence about this place.
Great speaking btw!
Thank you, sir, it was very informative.
Thanks George!
Thank you, the level of my dreams are now set to : HARD
I Love Monaco 🇲🇨 ❤. My Goal is to LIVE THERE as a Resident, and I said LIVE THERE, Not just live there. The Very Best of Everything Monaco 🇲🇨
Dream on
Yes the one sure way to live there is to say Ilove Monaco three million times and you have one down to you have only Two million and nine hundred and ninety nine thousand times to go so good luck
I like the way you explain things I’m actually moving there soon I’ll reach out for hand sitting lol
i'm ready to start the process, i just need around to million euros to start off
Omg , my dream is to live in Monaco 😍 I hope one day i’ll come to live in this magnificul place 🤍
How to become a Monaco resident.
Become a Formula 1 driver and eventually if u make enough money you too can and possibly will move there. 🤣
Thanks for explaining
Iff you get through the process. The familie and friends who wants to visit just Cann get the invitation treu visum (iff they stay longer 3 months) or the same progress.
If a rich friend want to give you money from abroad, you can just move there without paying taxes on it ?
And if you're french, you're not eligible to the local tax regime and stay affiliated to the french tax office even with residency status.
in that case why bother living in monaco and pay stupidly high prices for garbage apartments
What if you want to work there and obtain a work Permit. Do you still need to deposit those 500k €?
Edit : I did some research. The answer is no.
Uhhhhhh yeah I’ll just visit
Mr. Rowan:
With certainty, your client base was established long before Y.T. :) However, with such a professional history of "partnership referrals" as you and your colleagues possess, the grander matter for me to consider is your "personal strength". We grew up in what is irrefutably the single wealthiest and most expensive Jewish suburb in the U.S. We are fully aware of how some and only some people with uncountable assets can behave and worse yet.....what their 'motives" often are. :) We know OF someone who use to be socially connect to the R.F. They would never do it again.:)
I state as an ethical and "high compliment" to you...that I am envious and jealous of you and your colleagues from a personal perspective.... because I would NEVER possess the "Psychiatric Stamina" required to contend with such a client base. :) I so envy your 'social strength". :)
Best to you. ;)
Graham;
I just curious about those who work in Monaco, I am assuming they’re not living in Monaco. For example how will work for those who are Police, Health Care employees, Hospitality employees, they work there, and they commute from France to Monaco everyday? How’s that work for them if you could answer me that question sir?
HI JC, it varies between some who are accommodated in low cost housing and some who commute in from France. I believe 1 in 3 residents is a millionaire so two thirds are not!
@@GrahamRowanWealth understand Mr Graham, thanks for reply to me, I work for the Ritz Carton Miami Beach, always dreaming to be in a place like Monaco. Not the time yet, I’m sure is an unique experience work there great job.
You have great jab in US sabalakidi giri giri 703 jet bomber
@@GrahamRowanWealth how can you get low income qualification in Monaco? I can't find videos on it
@@whitealliance9540 Just chat with the fella responsible for cleaning "poo" and seeking the next job as "Poo cleaning supervisor". He will tell you how to get started....
Do the Monaco banks perform any anti money laundering checks on people who deposit funds ? Are the banks well capitalized ? Are they subject to any regulatory oversight ?
you’re asking the right questions
ı see the best questions so far , Money and deposit should not be the main case but anti laundering money check is more crucial point and they should be subject to regulatory oversight indeed while we have seen corruption in swiss, germany banks in previous years .
My dream place to live... I want to be a professor at IUM... I would want to live in Cap da ail need to figure this out. Thanks
Good luck homie
cap d‘ail is france. not monaco
So… exactly how fluent in French should I be before making the move? This might have to find a spot in the 10 year plan.
Very informative. Thank you!
You can live right over the border a lot of towns, and you can be in Monaco in 40 minutes in front of the casino
from what I read it was 6 months + 1day a year you had to live in Monaco .... has that changed to 3 months ???
yea this is what I've heard too, though its seems to differ depending on the source
I think this is only for people change their status to 10 years residents.
Prices are almost like in my small country. In the difference we have salary like in africa.
Start checking the dating services for Monaco????
Interesting! Informative! Thanks
Glad you enjoyed it!
Graham Rowan. Please take me to my Dream country Beautiful Monaco. Watching from the Philippines.
A video about Monaco and the thumbnail is a picture of Montenegro (Kotor Bay)?
I was thinking about it, but I don't speak French. Well, I can start learning.
Great video, thank you for sharing.
Thanks Paul!😊
the part of speaking French would be the greatest huddle for me
But the german consulat in Monaco is agaibst my exclusive life, they nevet organised now a Notpass, they have all my documents. Why?
Hi, is it a requirement to speak French if you want to live in Monaco? Or is is just usefully because if it is required, I will start learning French right now!😁
Hello Sir Graham Rowan I'm philippines, monaco very nice places..
So if i don't officially become a citizen I still have to pay taxes
I’ll be speaking to you in 6 years Graham.
Ok I’m ready
I am the Queen. Yay.
Very informative thank you.
thanks, i really needed this!
Hi wich bank is efficient for investment account in buying or selling stocks long term in Monaco?
Hi Graham, thank you for this great video. Would the interview at the Surete Publique be carried out in French?
Most likely yes
The official language here in Monaco is french
Most Staff members of Surete Publique speak French, Italian and English.
Easiest thing to do is to do what I did to get residency. Inherit the property in Monaco :)
Like from a family member or?
@@j4de934 Yup, the only way is inherit
Unfortunately, the Prince of Monaco denied my permit allowance, because I don't hit the gym often enough; also I'm using the Matrix machines, which are viewed as cheap and giant in Monaco.
So can I buy a house there in Monaco even if am not a permanent residency as long as can afford?
I live in Monaco🇮🇩
Very Very much Informative 👍
Does in harried fortunes count
Being a Monaco resident with out a Mega yacht or Super Yacht is absolutely useless to me.
Hey Graham,
For someone who is not a citizen of monaco or europe (someone from the middle east) is there a cheaper and easier way? It doesn't have to be Monaco, it's enough to be a good country from this hell (middle east) we live in.
I will be glad if you answer..
Try Switzerland. It has great job opportunities and pays awesome. Main difference is that lifestyle in Switzerland is a bit cheaper from Monaco but taxes in Switzerland are of course higher.
@@viktorletaj3396 First of all, Thank you for your kindness and goodwill..
Regarding Switzerland, Yes, I am familiar with Switzerland and its working system and I would be proud to live and work in such a peaceful country but..!
But, Since my country(Iran) passport is very valid, I can only travel to a few African countries without a visa...:))
And to travel to countries like Switzerland, I need a visa, such as a work visa, etc.
And for such a visa (work visa), I need a job that can provide me with a visa, can you help me find such jobs?
Before I forget,
I'm a Turkmen from Iran and 26 years old, graduated accounting and also I can speak (English, Turkish, Persian, Turkmen) languages.
It depends how rich you are, what you want to do, what is your bussines, are you retired, have you some special hobbies,are liberties for you important, are you interessted in a special culture, have you a company which is controlled by foundations, do you like riding, hikking, driving cars....
Some examples
m.th-cam.com/video/1lqfF6wOkMc/w-d-xo.html
m.th-cam.com/video/C-KUWtgjON0/w-d-xo.html
m.th-cam.com/video/O1HQhTsSptQ/w-d-xo.html
Founding own company. Watch for possibilities for online services. That is number one. Number two try for press/journalist passport.
@@viktorletaj3396 Than: there are a lot of countries who have only very low taxes or flattaxes.
If the property is worth 5 mil in the beginning. It's actually worth nearly 13 mil after 10 years with 10% gain a year
3:45 don't talk to us condescendingly like that. The whole reason we are here is because EVERY other investment in our portfolio smashes that type of return.
What if my money and background are not traceable and my last 5 years is less than perfect but I have a $100 Million Yacht in the Bay? :) It is an expensive place to live. There is no income Tax but you pay 20% on every purchase. So, they get your money one way or the other.
I visit Monaco before, with a tour bus 😆
LunaChow is worth looking at
Do you accept EBT as proof of financial means?
Bruh you aint getting no where near monaco lmao I deadass just asked how they get low income qualification but im guessing it would just go to.French people first and then they "put" them over there.
OMG I like this video so much its interestyng
Impressive!
1 minute in the video and I already, from the first step, failed to become a Monaco resident..
😂😂😂😂😂
I'm american i wanna live there in monaco one day
Become a resident in Monaco, twice a time of UK house prices in a deposit to be a Monaco resident
Good video.
If you go there you don’t even get in touch with those superr rich . you get mostly to deal. with the police, workers and french store or restaurant personnel all the time.
great ......
Thank you Adonis
How about if working in monaco. Sir?
How to become a resident in monaco:
Step 1 : must be at least multimillionaire
Realy I like it
Do you have to speak French? What if you only speak English and American citizen?
Day to day there is no need, but I believe there is a requirement to speak French to acquire a residency.
Hmm based on my Crypto portfolio sound like I'll be tanning in Monaco!
How to Open bank account form my country sir
If you have 1 Billion Euros sitting around, please don't deposit on Credit Suisse. Otherwise you will become a millionaire in the next day.
Sadly, even if there are no taxes to be declared in the principality, most US citizens - if not all - cannot escape the clutches of the IRS.
so even after you spend 1 million euros, you still don't get a citizenship. this is disappointing.
I love this !
Why was monaco not just part of france can someone explain to me?
Its a place for rich people to stay rich, similar to Vegas without all the glamor of a beach resort. Imagine if you were so rich you didnt feel like paying taxes back to your original country, so you create a country inside a country and invent a new tax threshold. Thats all it is basically.
@@whitealliance9540 Ahh Now i understand Thank you
WAIT A SEC, can i have a translator for the interview? I dont speak french
But I don't have €500,000 yet 🥺... Can I start with €5🥺🥺🥺🥺🥺
Think I'll stay in Nice
ehh, I'll pass this one mate!
How can I live there as a student?
its my dream as a student
simple, there is a trash uni called International University of Monaco(a one-building uni), as long as you can afford the tuition(12k euro per year) then you are cool.
@@chrisyoung2596 😂😂😔
It depends how attractive you are. Pretty ladies and wealthy men can usually help each other out.
I quit my job and i work for you
Better to live in Switzerland!
How to live in Monaco:
Step 1: Have a couple tens of millions in the bank
Step 2: This
Step 3: ???
Step 4: Profit!!
This is F1 drivers' most liked video.
Monaco actually sounds and looks boring, but I love the security it offers with virtually no crime.
BORING ? you have no idea... its like living in a dream... if you have the money... it is not boring
Monaco is not geared towards young residents because Monaco’s residents are generally not young.
Easy way is to marry someone in Monaco's Royal Family..Love is blind...
Better not, they are all sick people trust me, with plenty of problems and tragedies, stay away from all that selfish rubbish
@@svetlana7904 never judge others ….
Yo, iz all dis fo reel bruh??
Lol they definitely don't want you there.
Wait does Monoco not provide its residents with government health insurance?
lol
everybody can pay the best private healthcare....
I think if you have citizenship
@@pa659 Monaco is all residents... almost no citizens... you will never get it... being a resident is good enough...
You need to be a citizen
Monte carlo ?
Seems like a pretty easy and straight forward process compared to Japan.
I am thinking of living in a tent in the park...
Heck, screw worrying about being a resident. I want to own some real estate to rent. A few businesses. I will be to rich to live in one spot. Lol.
im a succesful crypto investor and highly interested in moving to monaco permantly
Please contact daphne@opulent.global and we can discuss your options.
Come to Dubai... for 5k you have all the process !
Money=resident
Broke :no resident
Yes yes yes...but you forgot one thing!
Not just any money...But clean money✨
Here I was proud of getting japanese citizenship...lol
@@jealsteven1500 HAHAHAHA
You don’t the law very well. This little place also allows residency by employment.
Well, guys! I know it's going to be hard to believe, but I did receive an email from
His Serene Highness Albert II, Sovereign Prince of Monaco.
UNSOLICITED email!
I just made a comment a long time ago - during the Monaco Grand Prix - about the fact the sideview mirror on a Pagani costs more than my car and he commented by saying that it is important to make donations to charities.
I replied that I do make small donations but I am on a pension and it is only morsels compared to HIs wealth.
Never did get a reply! (Later on I read that there is a lady screening all the incoming emails and forwards only a selected few.)
C'est la vie!
i am poor indonesian boys, who played a lot games. why this video on my recomendation?
As far as I know you better have 500 Euro as daily pocket money. Ok, if you rented a small apartment for 4000/month and eat frozen pizza maybe not. Dont know if its still the same today as it was a long time ago. There was a gold digger each and every corner (more or less) and the model agencies in Paris and Milano told their girls: If you cant make a career on stage, try your luck finding a millionaire in Monte Carlo...
LMAO, this is good one