Navigating Monaco Residency: A Complete Guide to Banking Requirements and Benefits

Obtaining Monaco residency is often the ultimate goal for wealthy internationals seeking tax optimisation and quality of life, but the process involves specific banking requirements that must be carefully managed. This detailed guide walks you through every stage of the residency application process, with particular focus on the banking documentation and deposit requirements that form a crucial part of your application. Learn which banks the Monaco authorities prefer, how much you need to deposit, what documentation is essential, and how to structure your banking relationships to support a successful residency application whilst maintaining flexibility for your global financial needs...