Monaco is a small state in the southwestern part of Europe, a semi-enclave surrounded by France on all sides. Due to the high level of economic development, the state is a promising destination for international workers. Find out what positions foreigners work in Andorra in 2024, what the working conditions are and the procedure for obtaining a work visa

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Monaco is a small principality on the shores of the Mediterranean Sea, one of the richest countries in Europe. The standard of living in Monaco is very high, because there is a good level of economic development, and especially the tourism industry. It is the employment prospects that attract expats from different parts of the world to Monaco, including citizens of India, Nepal, Italy and Great Britain.

More on the specifics of finding a job in Monaco for expats later in this article.

What positions do expats work in Monaco?

There are quite a lot of employment opportunities for expats in Monaco. A particular shortage of personnel is observed in such areas as finance, tourism, IT, health care and construction.

Despite the competition, the job market in Monaco is affordable, especially for those with experience in areas with a shortage of personnel. Knowledge of multiple languages, including French and English, is an advantage.

Requirements for a foreigner to work in Monaco

The requirements for foreigners to work in Monaco depend on the expat's nationality. If you are a citizen of the EU, Switzerland, Liechtenstein, Norway or Iceland, you do not need to apply for a visa or a work permit in Monaco.

If you are a citizen of one of the EU or Schengen countries, in order to obtain a work permit, you need to apply to the Office of State Security at Louis Notari street, building 4 with the following documents:

1. Foreign passport;

2. Certificate of no criminal record;

3. Document from the employer;

4. Documents about education;

5.2 photographs;

6. Certificate from the bank about the availability of money in the account;

7. Medical certificate about the state of health;

8. Housing rental agreement.

Representatives of third countries to work in Monaco must have a work visa and an appropriate permit.

Types of work visas in Monaco

The categories of work visas in Monaco correspond to the reasons for work, each of which has its own set of requirements:

- Long-term work visa (Visa de Long Séjour) and work permit (Autorisation de Travail)

Foreigners who intend to work in Monaco for more than 90 days must apply for a long-term visa before entering the country.

This visa is a prerequisite for obtaining a residence permit in Monaco.

Applicants must provide proof of employment or other justification for their stay.

A work permit is required for all foreigners who want to work in Monaco. The permit is issued for a specific job and employer, and the application is usually initiated by the employer, who must justify the need to employ a foreign national instead of a local resident.

The process of obtaining a work visa in Monaco:

1. Your employer must submit a job application to the Monaco Employment Service.

2. You must have an employment contract certified by the employment service and submit the contract together with a valid ID and proof of address to the employment service.

3. Pay the fee. You will also need to pay a fee when you apply for a work permit.

4. You apply for a French long-term D visa and enter Monaco. After entering Monaco, you need to apply for a residence permit at the Bureau of Public Security.

- Temporary employment visa – ideal for short-term projects or seasonal work.

- Visa for self-employed persons – for entrepreneurs starting a business in Monaco.

- Investor visa – intended for persons who invest significant funds in the economy of Monaco.

In order to safely move, travel or work in a new country, you will need health insurance. You can issue an extended policy on our website using the link.

Residence permit in Monaco (Carte de Séjour)

After obtaining a long-term visa and work permit, foreign workers must apply for a residence permit to stay in Monaco.

The type of residence permit depends on the length of stay and employment status.

Different types of residence permits are available, such as temporary (Carte de Séjour Temporaire) or regular residence permit (Carte de Séjour Ordinaire).

The residence permit must be renewed periodically, as a rule, annually.

How to get a job in Monaco in 2024 – a step-by-step guide

Stage 1 – Job search

Focus on sectors that are in demand and use different job boards.

Step 2 – Prepare your resume and cover letter and attend an interview

Send your resume to the vacancies you are interested in and attend interviews until you find the best job option.

Step 3 – Get sponsored by an employer

Confirm visa sponsorship with your employer and collect the necessary documents.

Step 4 – Choose the appropriate work visa

Choose the type of visa that suits your employment conditions.

Stage 5 – Visa application

Complete the preparation phase and submit the documents to your local French embassy/consulate.

Stage 6 – Issuing a visa and making a decision

Wait for the processing results and prepare for the move.

Where to look for a job in Monaco?

1. Official channels

- Government Department of Employment of Monaco.

- Chamber of Commerce and Industry of Monaco.

2. Online job boards

Monster.com.

Indeed.

LinkedIn.

Eurojobs. 

Adecco Monaco.

Personnel Monaco.

3. Specialized Resources – Contact agencies for specialized employment services.

Is IELTS required for a Monaco work visa?

IELTS is usually not required for a Monaco work visa. Language requirements vary depending on factors such as your nationality, type of work and specific visa category.

EU and EEA citizens usually do not need to prove their language skills. However, certain jobs, especially those involving communication with the client or colleagues, may require knowledge of French or English.

Each type of visa, such as an investor visa or a student visa, may have language requirements, with the latter sometimes requiring French for certain programs.

Taxes in Monaco

Monaco has long been considered something like a tax haven. Indeed, there is no personal income tax in Monaco (except for French citizens working in Monaco), and no taxes on land, capital gains, housing, wealth, television, etc.

However, this does not mean that you will not face any taxes at all while living in Monaco. Value-added tax (VAT) or taxe sur la valeur ajoutée (TVA) is charged at the same rate as in France, at 20% or less for basic products. Value added tax is also levied on real estate sales, as well as various registration fees and stamp duties.

Working conditions in Monaco

The standard number of working hours per week is 39. Any working hours that exceed these limits are considered overtime, for which your employer must pay you an increased wage.

Annual leave: – 30 days.

Maternity leave - 18 weeks.

Public holidays - 12 days.

Monaco is a promising country for employment of foreigners, especially if a person is looking for a job in the field of tourism.

We will remind you! Andorra is a small country in the South-Western part of Europe, which is a promising destination for international workers. We have already told what positions foreigners work in Andorra in 2024, what are the working conditions and the procedure for obtaining a work visa.

Ihor Usyk - head of Visit World's legal department

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