Can Saudi nationals get residency in Monaco by buying property?

Yes. Residence card (carte de séjour de résident): no set minimum. Housing in Monaco suited to the household (owned directly or through a company, rented, or provided by close family) plus sufficient means: salary, business income, or savings certified by a Monaco bank (the bank sets the amount); a clean criminal record for the last 5 years; non-EEA nationals, including UK citizens, first need a French long-stay establishment visa

How long does it take?

Residence card (carte de séjour de résident): the authorities publish no processing time. The permit runs 1 year, renewable (1-year temporary card; 3-year ordinary card after 3 years' residence; 10-year privileged card after 10 years).

Does it lead to citizenship?

Permanent residence after 10 years; the route itself sets no timetable for citizenship.

Monaco Residency for Saudi nationals: Routes, Costs and Rules

For Saudi nationals

What is different for Saudi nationals.

Under the GCC Economic Agreement, GCC citizens get the same treatment as nationals in other member states across economic activities, including real estate ownership and residence.
GCC Economic Agreement (2001), via Gulf Labour Markets and Migration programme
Since April 2024, nationals applying in their home country are issued five-year multiple-entry Schengen visas, including first-time applicants; this is still a visa, not visa-free entry.
EIG Law, EU Commission allows multiple-entry Schengen visas for Bahrain, Oman and Saudi Arabia
A Saudi citizen's nationality may be withdrawn if they obtain a foreign citizenship without the Prime Minister's permission.
Wikipedia, Multiple citizenship

1 open route

The routes to living in Monaco.

Residence card (carte de séjour de résident)

Open40

Minimum: No minimum
What counts: Housing in Monaco suited to the household (owned directly or through a company, rented, or provided by close family) plus sufficient means: salary, business income, or savings certified by a Monaco bank (the bank sets the amount); a clean criminal record for the last 5 years; non-EEA nationals, including UK citizens, first need a French long-stay establishment visa
Processing: Not published
Permit: 1 year, renewable (1-year temporary card; 3-year ordinary card after 3 years' residence; 10-year privileged card after 10 years)
Time you must spend there: no statutory day count: the Supreme Court held a 3-month stay in the prior year is not a renewal condition (TS 2021-08); Monaco must be the genuine main home
Path to a passport: Permanent residence after 10 years; the route itself sets no timetable for citizenship.
Family: Not published
Tax: No personal income tax for residents genuinely established in Monaco; French nationals remain taxable in France under the 1963 Franco-Monegasque convention

Official source · Second source · checked 2026-10-20

Residency rules, thresholds and fees change often, sometimes without notice. Everything here is general information, checked on the date shown, not legal, tax or immigration advice: confirm with the official source and a licensed adviser before you act. Continental sells property; we don’t arrange visas or residency.

Short answers

What people ask.

Can Saudi nationals get residency in Monaco by buying property?: Yes. Residence card (carte de séjour de résident): no set minimum. Housing in Monaco suited to the household (owned directly or through a company, rented, or provided by close family) plus sufficient means: salary, business income, or savings certified by a Monaco bank (the bank sets the amount); a clean criminal record for the last 5 years; non-EEA nationals, including UK citizens, first need a French long-stay establishment visa
How long does it take?: Residence card (carte de séjour de résident): the authorities publish no processing time. The permit runs 1 year, renewable (1-year temporary card; 3-year ordinary card after 3 years' residence; 10-year privileged card after 10 years).
Does it lead to citizenship?: Permanent residence after 10 years; the route itself sets no timetable for citizenship.

The Wealth Atlas

What living well in Monaco costs.

MonacoA well-provided year, sourced line by line£313k

Read it for your passport

Monaco residency, passport by passport.

Visa-free stays: Schengen visa list (EU Regulation 2018/1806): British, American and Emirati visitors stay up to 90 days in any 180 without a visa; Saudi, Indian and Chinese visitors need a Schengen visa; Monaco applies Schengen entry rules through France. Always confirm with the embassy before you travel.

Where we can help

Our markets, where a home can count.

We don’t sell homes in Monaco. These are the countries where we do, and where buying one can count towards residency.

The homes: Homes in Thailand · Homes in Malaysia · Homes in the United Arab Emirates · Homes in Saudi Arabia · Homes in Oman · Homes in Spain.

Monaco residency for Saudi nationals.