---
title: "San Marino Pensioner residence 2026: income €120k+/yr needed"
url: https://settleanywhere.com/countries/san-marino/atypical-pensioner/
lang: en
updated: 2026-10-11
---

San Marino · Retire or live on savings

# San Marino Pensioner residence

**Income needed:** €120k+ a year ≈ $134k

Atypical residence for pensioners (Art. 16-quater Law 118/2010)

First checked against official sources on 11 Oct 2026 [Record corrected 11 Oct 2026](https://settleanywhere.com/changes/corrections/#change-sm-atypical-pensioner) [Change log](https://settleanywhere.com/changes/)

- **Income needed:** €120k+ a year ≈ $134k (Assets of at least EUR 300,000 (≈ $335,000) · Demonstrable movable assets of at least EUR 300,000, held in the San Marino banking system for the whole duration of the residence; required together with the income above. Income of at least EUR 120,000 a year (≈ $134,000) · Demonstrable gross annual income of at least EUR 120,000; required together with the movable assets below (Law 64/2025). A fee of EUR 1,000 (≈ $1,120) · Application fee that covers stamp duties and office rights.)
- **Who can apply:** 28 nationalities (Pensioners from EU countries, Switzerland and countries listed by Congress of State regulation.)
- **Tax angle:** 6% tax (Pensioner atypical residence: 6% substitute tax on pension income: Pensioners with atypical residence pay a 6% substitute tax on foreign pension income, or 3% for former officials of international organisations with income of at least EUR 100,000 (≈ $112,000).)

## Key facts

Pensioner residence is a retire or live on savings route for San Marino. Applicants need income of €120k+ a year ≈ $134k. Checked 2026-10-11 against the official source.

- **Money needed:** €120k+ a year ≈ $134k
- **Government fees:** €1,000 ≈ $1,120

## Cost, time and long term

To apply: government fee €1,000 ≈ $1,120; income to show €120k+/yr ≈ $134k. No lawyer or agent fee is included.

**Government fees: €1,000 ≈ $1,120**

- EUR 1,000 (≈ $1,120) Application fee that covers stamp duties and office rights.

**Shown, not spent: €300k+ ≈ $335k · €120k+/yr ≈ $134k**

- EUR 300,000 (≈ $335,000) Demonstrable movable assets of at least EUR 300,000, (≈ $335,000) held in the San Marino banking system for the whole duration of the residence; required together with the income above.
- EUR 120,000 a year (≈ $134,000) Demonstrable gross annual income of at least EUR 120,000 (≈ $134,000); required together with the movable assets below (Law 64/2025).

**Renewal: Renewable**

The 6% regime lasts 10 consecutive years and is renewable.

[Consiglio Grande e Generale of San Marino](https://www.consigliograndeegenerale.sm/on-line/documento17084094.html)

**Permanent residence: After 10 years of residence**

After 10 years the residence consolidates into ordinary registered residence with all related rights.

[Department of Foreign Affairs, Republic of San Marino](https://www.esteri.sm/pub1/EsteriSM/en/Servizi-per-utenza/Permessi-di-Soggiorno-e-Residenze.html)

**Citizenship: After 20 years of residence**

Naturalisation needs 20 continuous years of registered and effective residence in San Marino (10 years for spouses of citizens).

[Government of San Marino](https://www.gov.sm/pub2/GovSM/Situazioni-di-vita/Cittadinanza-per-naturalizzazione.html)

## Why this route may not fit

Check this before you apply.

- Only for passports from 28 countries

### What you'll need

#### Who can apply

- Applicant is a pensioner from an EU country, Switzerland or a country listed by Congress of State regulation.
- Applicant has never lived in San Marino or had not consolidated registered residence when Law 223/2020 took effect.
- Applicant has no criminal conviction or pending case that bars a permit under Art. 17.

#### What you must show

- Demonstrable gross annual income of at least EUR 120,000 (≈ $134,000) and movable assets of at least EUR 300,000 (≈ $335,000) held in San Marino banks.
- Pay a 6% substitute tax on pension income abroad; 3% for former officials of an international organisation earning at least EUR 100,000 (≈ $112,000).

#### Documents

- Valid travel document, certified as authentic by the official receiving the application.
- Preliminary contract to buy or rent a home, subject to the grant of residence.
- Requests based on sharing a home with people outside the applicant’s family or an equivalent cohabitation are not accepted.
- Certificate of residence, criminal record and pending charges, or equivalents, plus a sworn declaration on nationalities, residences in the last 5 years and tax compliance.
- Proof that the applicant and relatives have enough resources to support themselves.
- Proof of a current account opened with a San Marino bank.
- Health insurance valid in San Marino.

#### Steps

1. After a positive decision the movable assets are transferred to a San Marino bank, with a bank attestation.
2. Apply to the Department of Foreign Affairs with the receipt for the EUR 1,000 (≈ $1,120) fee; the Foreign Affairs Commission decides within 120 days and the decision cannot be appealed.
3. A provisional stay permit of up to 6 months can be obtained while the residence application is processed.
4. No more than 249 residences are granted each year, not counting secondary applicants; the figure can be changed yearly by decree.

#### After you arrive

- The facilitated tax regime lasts 10 consecutive years and is renewable.
- Residence consolidates after 10 years; until then public-sector jobs and state benefits are barred.

## When you become tax resident

How San Marino decides tax residence and treats foreign-source income, from its tax records.

- **Tax residence:** A person is resident if registered residence in the State or actual residence there lasts for the majority of the tax period.
- **Income tax:** Tax residents are taxed on all income wherever produced under the general income tax (IGR) at progressive rates of 9% to 35% (Annex C of Law 166/2013); from tax year 2026 the EUR 9,000 (≈ $10,100) income deduction and the EUR 100 (≈ $110) tax credit no longer apply and a credit for SMaC card spending in San Marino applies instead.
- **Regime tied to this route:** **6% substitute tax on pension income** · 6% tax Pensioners with atypical residence pay a 6% substitute tax on foreign pension income, or 3% for former officials of international organisations with income of at least EUR 100,000 (≈ $112,000).

[All tax rules for San Marino](https://settleanywhere.com/countries/san-marino/tax/) Tax records checked 12 Oct 2026

## What you need to arrange

- **Health insurance** Health insurance valid in San Marino
- **Police certificate and civil documents** Certificate of residence, criminal record and pending charges, or equivalents, plus a sworn declaration on nationalities, residences in the last 5 years and tax compliance

Taken from this route's requirements above. The authority's own list is the one that counts.

**Full official text**

Residence for pensioners from EU countries, Switzerland and listed countries with gross income of at least EUR 120,000 (≈ $134,000) a year and movable assets of at least EUR 300,000 (≈ $335,000) held in San Marino banks, taxed at a 6% substitute rate on pension income. (sources 1, 2, 3, 4, 5, 6, 7)

#### What you must show and pay

- Assets of at least EUR 300,000 (≈ $335,000) · Demonstrable movable assets of at least EUR 300,000, (≈ $335,000) held in the San Marino banking system for the whole duration of the residence; required together with the income above. (sources 2, 1, 4)
- Income of at least EUR 120,000 a year (≈ $134,000) · Demonstrable gross annual income of at least EUR 120,000 (≈ $134,000); required together with the movable assets below (Law 64/2025). (sources 2, 1, 4)
- A fee of EUR 1,000 (≈ $1,120) · Application fee that covers stamp duties and office rights. (source 1)

#### Requirements

- Applicant is a pensioner from an EU country, Switzerland or a country listed by Congress of State regulation. (source 8)
- Applicant has never lived in San Marino or had not consolidated registered residence when Law 223/2020 took effect. (source 8)
- Applicant has no criminal conviction or pending case that bars a permit under Art. 17. (source 8)
- Demonstrable gross annual income of at least EUR 120,000 (≈ $134,000) and movable assets of at least EUR 300,000 (≈ $335,000) held in San Marino banks. (sources 2, 1, 4)
- Pay a 6% substitute tax on pension income abroad; 3% for former officials of an international organisation earning at least EUR 100,000 (≈ $112,000). (source 8)
- Valid travel document, certified as authentic by the official receiving the application. (source 8)
- Preliminary contract to buy or rent a home, subject to the grant of residence. (sources 1, 3)
- Requests based on sharing a home with people outside the applicant’s family or an equivalent cohabitation are not accepted. (sources 1, 3)
- Certificate of residence, criminal record and pending charges, or equivalents, plus a sworn declaration on nationalities, residences in the last 5 years and tax compliance. (source 8)
- Proof that the applicant and relatives have enough resources to support themselves. (source 8)
- Proof of a current account opened with a San Marino bank. (source 8)
- Health insurance valid in San Marino. (source 6)
- After a positive decision the movable assets are transferred to a San Marino bank, with a bank attestation. (source 4)
- Apply to the Department of Foreign Affairs with the receipt for the EUR 1,000 (≈ $1,120) fee; the Foreign Affairs Commission decides within 120 days and the decision cannot be appealed. (source 8)
- A provisional stay permit of up to 6 months can be obtained while the residence application is processed. (source 8)
- No more than 249 residences are granted each year, not counting secondary applicants; the figure can be changed yearly by decree. (sources 1, 3)
- The facilitated tax regime lasts 10 consecutive years and is renewable. (source 8)
- Residence consolidates after 10 years; until then public-sector jobs and state benefits are barred. (sources 8, 6)

#### Stay

- Registered residence; the 6% regime lasts 10 consecutive years and is renewable; residence consolidates after 10 years.
- Renewable, subject to the conditions in force at renewal.
- Atypical residence up to 120 months: Consolidates after 10 years

#### Nationality

Pensioners from EU countries, Switzerland and countries listed by Congress of State regulation. Open to: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland.

#### Work

Public-sector jobs are barred until residence consolidates.

#### Family

Spouse and children up to 25 can be added as secondary applicants under Art. 16(3-bis) of Law 118/2010.

Checked 2026-10-11

## Official sources

1. [Law 118/2010 on entry and stay of foreigners, coordinated text updated to 3 June 2025](https://www.consigliograndeegenerale.sm/on-line/documento17084094.html) · Consiglio Grande e Generale of San Marino · checked 2026-10-11
2. [Law 64 of 28 April 2025, Article 2 (amendment of Article 16-quater of Law 118/2010)](https://www.consigliograndeegenerale.sm/on-line/home/archivio-leggi-decreti-e-regolamenti/documento17152060.html) · Consiglio Grande e Generale of San Marino · checked 2026-10-11
3. [Delegated Decree 77 of 22 May 2025 (ratification of Delegated Decree 26/2025)](https://www.consigliograndeegenerale.sm/on-line/home/documento17152352.html) · Consiglio Grande e Generale of San Marino · checked 2026-10-11
4. [Vademecum for the application for atypical residence for pensioners (27 May 2025)](https://www.esteri.sm/pub1/EsteriSM/dam/jcr:c6c9b999-6ecb-42b8-aeb6-8bd2429a5647/VAD04_VADEMECUM%20PER%20IL%20DEPOSITO%20DI%20RICHIESTA%20DI%20RESIDENZA%20ATIPICA%20PENSIONATI.pdf) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
5. [Law 223 of 23 December 2020, Articles 69 and 70 (atypical residence regimes)](https://www.esteri.sm/pub1/EsteriSM/en/dam/jcr:57054d76-25f3-4e79-9f16-a45bfc5fc24f/Legge%2023%20dicembre%202020%20n.223%20Bilanci%20di%20previsione%20dello%20Stato%20%E2%80%93%20artt.%2069%20e%2070.pdf) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
6. [Stay permits, residence and citizenship](https://www.esteri.sm/pub1/EsteriSM/en/Servizi-per-utenza/Permessi-di-Soggiorno-e-Residenze.html) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
7. [Permessi di soggiorno, residenze e cittadinanza (Italian index with forms and checklists)](https://www.esteri.sm/pub1/EsteriSM/Servizi-per-utenza/Permessi-di-Soggiorno-e-Residenze.html) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
8. [Law 118/2010 on entry and stay of foreigners, consolidated text updated to 9 April 2024](https://www.esteri.sm/pub1/EsteriSM/en/dam/jcr:38eabe03-3e2f-44f3-a498-a5421388ddcf/2024_04_09%20Testo%20coordinato%20residenze%20(SENZA%20NOTE).pdf) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
9. [Cittadinanza per naturalizzazione (FAQ on residence years)](https://www.gov.sm/pub2/GovSM/Situazioni-di-vita/Cittadinanza-per-naturalizzazione.html) · Government of San Marino (GOV.SM) · checked 2026-10-11

## Pensioner residence and its alternatives

| Route | Money needed | Stay | Work |
| --- | --- | --- | --- |
| Pensioner residence | Needs income of €120k+ a year ≈ $134k | – | – |
| [D7 passive income visa](https://settleanywhere.com/countries/portugal/retirement-own-income-visa/) Portugal | Needs income of €920+ a month ≈ $1,030 | 2 yr, renewable | – |
| [Non-lucrative visa](https://settleanywhere.com/countries/spain/nonlucrative-residence/) Spain | Needs income of €2,400+ a month ≈ $2,680 | 1 yr, renewable | No |
| [Elective residence](https://settleanywhere.com/countries/italy/elective-residence/) Italy | Needs income of €31k+ a year ≈ $35k | – | No |
| [Independent means permit](https://settleanywhere.com/countries/greece/financially-independent-residence/) Greece | Needs income of €3,500+ a month ≈ $3,910 | 3 yr, renewable | – |

## Questions people ask

### How much money do I need for the Pensioner residence?

Assets of at least EUR 300,000 (≈ $335,000). Demonstrable movable assets of at least EUR 300,000, (≈ $335,000) held in the San Marino banking system for the whole duration of the residence; required together with the income above. Income of at least EUR 120,000 a year (≈ $134,000). Demonstrable gross annual income of at least EUR 120,000 (≈ $134,000); required together with the movable assets below (Law 64/2025). A fee of EUR 1,000 (≈ $1,120). Application fee that covers stamp duties and office rights.

### How long can I stay on the Pensioner residence?

Registered residence; the 6% regime lasts 10 consecutive years and is renewable; residence consolidates after 10 years.

### Can I work on the Pensioner residence?

Public-sector jobs are barred until residence consolidates.

### Can I bring my family on the Pensioner residence?

Spouse and children up to 25 can be added as secondary applicants under Art.

### Who can apply for the Pensioner residence?

Pensioners from EU countries, Switzerland and countries listed by Congress of State regulation. Open to: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland.

### Does the Pensioner residence lead to permanent residence in San Marino?

Time on the Pensioner residence counts toward permanent residence in San Marino, which the rules allow after 10 years of residence. Time on the Pensioner residence counts toward citizenship, which the rules allow after 20 years of residence.

### Is there a tax break for Pensioner residence holders in San Marino?

Pensioner atypical residence: 6% substitute tax on pension income: Pensioners with atypical residence pay a 6% substitute tax on foreign pension income, or 3% for former officials of international organisations with income of at least EUR 100,000 (≈ $112,000). It's separate from the visa and has its own conditions.

## Tax

Special regime

### [Pensioner atypical residence: 6% substitute tax on pension income](https://settleanywhere.com/countries/san-marino/tax/#tax-sm-pensioner-flat-6)

6% tax

**Details**

- On: Pension income received from abroad
- Limit: €120k/yr ≈ $134k

Pensioners with atypical residence pay a 6% substitute tax on foreign pension income, or 3% for former officials of international organisations with income of at least EUR 100,000 (≈ $112,000).

#### Taxed on

Pension income received from abroad.

#### Who it applies to

- Pensioner from an EU country, Switzerland or a country listed by Congress of State regulation.
- Gross income of at least EUR 120,000 (≈ $134,000) a year and movable assets of at least EUR 300,000 (≈ $335,000) held in the San Marino banking system for the whole residence (Law 64/2025).
- The 6% rate applies whether or not a double taxation treaty exists or the home country withholds tax at source.

#### Exclusions

- The regime lapses on late or partial payment of the substitute tax and cannot be requested again.
- The tax is not deductible from other taxes or contributions.

#### Limits

- EUR 120,000 a year (≈ $134,000) · Minimum gross annual income for admission (required together with the movable assets below)
- EUR 300,000 (≈ $335,000) · Minimum movable assets held in San Marino banks for admission (required together with the income above)
- EUR 100,000 a year (≈ $112,000) · Minimum income for former officials of international organisations to receive the 3% rate

#### Tax residence

The facilitated regime is granted for 10 consecutive years and is renewable.

#### Visas

Applies only to holders of the atypical residence for pensioners (Art. 16-quater).

#### Other taxes

The substitute tax is paid in one sum by the date of the general income tax balance payment.

Checked against official sources on 11 Oct 2026 [Change log](https://settleanywhere.com/changes/)

[Full page →](https://settleanywhere.com/countries/san-marino/tax/)

## More in San Marino

[Recognised merit residence](https://settleanywhere.com/countries/san-marino/residence-recognised-merit/) [Working Holiday](https://settleanywhere.com/countries/san-marino/working-holiday/) [Atypical residence](https://settleanywhere.com/countries/san-marino/atypical-residence-tax/) [Elective residence · deposit](https://settleanywhere.com/countries/san-marino/elective-residence-deposit/) [Elective residence · property](https://settleanywhere.com/countries/san-marino/elective-residence-property/) [Donation residence](https://settleanywhere.com/countries/san-marino/residence-donation/) [Investor residence](https://settleanywhere.com/countries/san-marino/economic-residence-investor/) [Strategic project residence](https://settleanywhere.com/countries/san-marino/residence-strategic-project/)

## Retirement and live-on-savings visas elsewhere

[🇫🇷 Visitor card](https://settleanywhere.com/countries/france/visitor-card/) [🇨🇾 Retiree on foreign income](https://settleanywhere.com/countries/cyprus/category-f-retirement/) [🇦🇱 Pensioner permit](https://settleanywhere.com/countries/albania/pensioner/) [🇲🇹 Retirement Programme](https://settleanywhere.com/countries/malta/retirement-programme/) [🇧🇬 Pensioner residence](https://settleanywhere.com/countries/bulgaria/retirement-pensioner/) [🇦🇹 Financially independent permit](https://settleanywhere.com/countries/austria/settlement-no-gainful-employment/)

≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated.

## How this was checked

**Checked on 2026-10-11 against 9 official sources.** Status: verified against the official sources.

Every figure on this page comes from the official source it links to. The record was researched against these sources, then reviewed separately, with special attention to effective dates and amendments. Where a source does not state something, the page leaves it out.

1. [Law 118/2010 on entry and stay of foreigners, coordinated text updated to 3 June 2025](https://www.consigliograndeegenerale.sm/on-line/documento17084094.html) · Consiglio Grande e Generale of San Marino · checked 2026-10-11
2. [Law 64 of 28 April 2025, Article 2 (amendment of Article 16-quater of Law 118/2010)](https://www.consigliograndeegenerale.sm/on-line/home/archivio-leggi-decreti-e-regolamenti/documento17152060.html) · Consiglio Grande e Generale of San Marino · checked 2026-10-11
3. [Delegated Decree 77 of 22 May 2025 (ratification of Delegated Decree 26/2025)](https://www.consigliograndeegenerale.sm/on-line/home/documento17152352.html) · Consiglio Grande e Generale of San Marino · checked 2026-10-11
4. [Vademecum for the application for atypical residence for pensioners (27 May 2025)](https://www.esteri.sm/pub1/EsteriSM/dam/jcr:c6c9b999-6ecb-42b8-aeb6-8bd2429a5647/VAD04_VADEMECUM%20PER%20IL%20DEPOSITO%20DI%20RICHIESTA%20DI%20RESIDENZA%20ATIPICA%20PENSIONATI.pdf) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
5. [Law 223 of 23 December 2020, Articles 69 and 70 (atypical residence regimes)](https://www.esteri.sm/pub1/EsteriSM/en/dam/jcr:57054d76-25f3-4e79-9f16-a45bfc5fc24f/Legge%2023%20dicembre%202020%20n.223%20Bilanci%20di%20previsione%20dello%20Stato%20%E2%80%93%20artt.%2069%20e%2070.pdf) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
6. [Stay permits, residence and citizenship](https://www.esteri.sm/pub1/EsteriSM/en/Servizi-per-utenza/Permessi-di-Soggiorno-e-Residenze.html) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
7. [Permessi di soggiorno, residenze e cittadinanza (Italian index with forms and checklists)](https://www.esteri.sm/pub1/EsteriSM/Servizi-per-utenza/Permessi-di-Soggiorno-e-Residenze.html) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
8. [Law 118/2010 on entry and stay of foreigners, consolidated text updated to 9 April 2024](https://www.esteri.sm/pub1/EsteriSM/en/dam/jcr:38eabe03-3e2f-44f3-a498-a5421388ddcf/2024_04_09%20Testo%20coordinato%20residenze%20(SENZA%20NOTE).pdf) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
9. [Cittadinanza per naturalizzazione (FAQ on residence years)](https://www.gov.sm/pub2/GovSM/Situazioni-di-vita/Cittadinanza-per-naturalizzazione.html) · Government of San Marino (GOV.SM) · checked 2026-10-11

Tracked since 2026-10-10. Rule changes and corrections are listed on the [changes page](https://settleanywhere.com/changes/), and the [methodology page](https://settleanywhere.com/methodology/) explains how facts are checked. Found something out of date? Email [contact@stayglobe.app](mailto:contact@stayglobe.app?subject=Correction) with a link to the official source.