- Overview: Monaco
- Global HR Compliance
- Global PEO and payroll
- Work permit for hiring expats via PEO
- Expand without a company set up
- Contractor vs. employee: which is better?
Using a PEO Service With Immigration Support For Expat Hiring In Monaco
If you have plans to hire expatriate personnel for international assignments in Monaco, you have a lot of key considerations to make. Some of the most important include:
- Navigating Monaco’s unique immigration procedures
- Procuring all the documents required for a work permit
- Managing employment and payroll after your workers get their visas
Most of the time, expats are sent abroad to work on short-term projects, which means trying to set up your own subsidiary isn’t practical in terms of time as well as money. A simpler, more cost-effective solution is equal.
If you need to pay expats overseas, in Monaco, in particular, that ideal solution is a global PEO that offers work permit support as a part of their service. Rather than going through the long process of incorporation, a PEO service will guide you through all the steps for Monaco’s immigration procedures. When you get your permit/visa, the provider then helps onboard and payroll your expat team for you.
Acumen International has been providing this service for our clients’ expatriate personnel in Monaco for short- and long-term projects alike. If you want a quick and compliant way to manage this issue, we can help. No matter what business objectives or timelines you have to work with, Acumen International provides end-to-end work permit support. We also stay within full legal compliance with local labor legislation in Monaco and 190+ other countries.
So, with this in mind, who are the ideal candidates for Acumen’s ‘work permit and hiring expats through a Global PEO’ solution?
- Employer companies that want to relocate, hire, and pay expats in Monaco.
- Experienced, individual professionals that have an employer already prepared to finance their immigration and foreign employment in the country.
- Companies that plan to send their highly skilled personnel to work for them in Monaco
Important thing that you may not be aware of. Having a single provider to sponsor your work permit and employ your expats in Monaco post immigration cuts down on the risks of visa getting rejected.
One thing that sets us apart from other global PEO Service providers is that Acumen also provides additional benefits along with a PEO employment and work permit for expats to be employed on-the-ground. These include:
- Medical insurance
- Office rent
- Mobile phone/car provision for meetings
- Dependant relocation
Attention: we are not an immigration service! We do not provide a work permit and immigration support as a standalone solution to individuals looking to find jobs overseas.
Estimated time for work permit issuance
Typically, the procedure of work permit issuance in Monaco varies and depends on Immigration Service in Monaco.
Major steps to get a work permit in Monaco
- It is the responsibility of the employer to help their employee obtain a work permit.
Documents for work permit in Monaco, main applicant
|Type of documents|
|completed application form|
|a valid passport|
|recent passport pictures|
|police clearance forms|
|proof of property ownership in Monaco or rental lease|
|documents supporting your reason for the application, for example marriage certificate, authorized work contract, proof of sufficient means to live in Monaco without work, etc.|
|a letter of appointment (in the form of an undertaking of employment stamped by the Employment Service, in order to obtain a residence permit issued by the Department of Public Safety)|
|the agreement of the Department of Public Safety as well as the Occupational Health Office are necessary to obtain a work permit (for employees that are unknown in the Principality or who have stopped working for a period of 6 months)|
If you need to have your expat personnel legally work for you in Monaco without having to set up your own business entity for that, trust us to assist you with work permit and immigration support, and then employ your expats locally on your behalf.
Contact our team to let us take up your foreign employees’ immigration matters and relieve you of the responsibility of getting work permit by working with our local partners to organize and obtain all the necessary permits, as well as provide you with a detailed update on the progress of the process.
Contact us for more details about how you can get a work permit for your expatriate staff and employ them through Acumen International in Monaco.