Residence: Monaco (passport - 174 territory of visa-free entry)

Residence permit for ultra wealthy persons:

• residence permit valid for 1 year and then renewed for 3 years (duration of stay not less than 3 months per year),
• including spouse, children under 16,
• without the right to work,
• permanent residence status after 9 years of residence (stay of at least 183 days annually),
• the possibility of applying for citizenship in 10 years,
• dual citizenship is not recognized.
   

Conditions for obtaining a residence permit:

• official interview at the Public Security Bureau,
• availability of adequate housing,
• availability of adequate financial resources,
• proof of trustworthiness,
• medical insurance.