Retiring to Monaco

If you are thinking of retiring to Monaco, then you will need to think about your finances. Emigrating to Monaco will likely involve you buying a property in Monaco and transfering your pension to a local bank account in Monaco.

Monaco has 1 official currency. The euro which has the ISO of EUR

Below are the live exchange rates for transferring money to Monaco as of 25/09/17 21:39

Pension Transfers to Monaco

Remember: When transferring regular payment abroad such as to Monaco you can save a great deal of money by using a foreign exchange broker.

Retirement Visas to Monaco

There will usually be special requirements for you and your partner to be eligible for a retirement visa in Monaco. A minimum age and adequate assets to be financially self-sufficient are common prerequisites to qualify. To find out if you qualify for a retirement visa please click here.