San Marino Elective residence · deposit

Residence for a foreign national who locks up a non-interest-bearing deposit of EUR 600,000 (≈ $670,000) for 10 years in San Marino state securities or a dedicated fund. ^{1 2 3 4}

What you must show and pay

• An investment of at least EUR 600,000 (≈ $670,000) · Non-interest-bearing deposit tied up for 10 years in securities issued by San Marino or in a fund set up by the State. ¹
• A fee of EUR 10,000 (≈ $11,200) · Non-refundable fee payable when residence is granted under the deposit option. ¹
• A fee of EUR 1,000 (≈ $1,120) · Application fee that covers stamp duties and office rights. ¹
• A fee of EUR 20,000 (≈ $22,300) · One-off payment for each secondary applicant such as a spouse or child. ¹

Requirements

• Applicant is a foreign national with no criminal conviction or pending case that bars a permit under Art. 17. ¹
• Applicant makes and keeps the investment in their own name until residence consolidates after 10 years. ¹
• Deposit of at least EUR 600,000 (≈ $670,000) for 10 years, plus a non-refundable fee of EUR 10,000 (≈ $11,200). ¹
• A one-off payment of EUR 20,000 (≈ $22,300) for each secondary applicant. ¹
• Valid travel document, certified as authentic by the official receiving the application. ¹
• 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. ¹
• Bank certificate showing the funds are held and immediately available. ¹
• Proof that the applicant and relatives have enough resources to support themselves. ¹
• Curriculum vitae. ¹
• Apply to the Department of Foreign Affairs with the receipt for the EUR 1,000 (≈ $1,120) application fee; the Congress of State decides within 60 days and the decision cannot be appealed. ¹
• A provisional stay permit of up to 6 months can be obtained while the residence application is processed. ¹
• The deposit must be made within three months of the decision or residence is revoked. ¹
• No more than 50 elective residences are granted each year, not counting secondary applicants. ¹
• Residence consolidates after 10 years on the register of residents and the restrictions end. ¹
• Until then holders must carry private health insurance covering all risks and may not take public-sector jobs or state benefits. ^{1 2}

Stay

• Registered residence; it consolidates into ordinary registered residence after 10 years.
• Elective residence up to 120 months: Investment kept until consolidation after 10 years

Work

Private-sector work is allowed; public-sector jobs and state-participated bodies 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, consolidated text updated to 9 April 2024 · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
2. Stay permits, residence and citizenship · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
3. Permessi di soggiorno, residenze e cittadinanza (Italian index with forms and checklists) · Department of Foreign Affairs, Republic of San Marino · checked 2026-10-11
4. Law 118/2010 on entry and stay of foreigners, coordinated text updated to 3 June 2025 · Consiglio Grande e Generale of San Marino · checked 2026-10-11
5. Cittadinanza per naturalizzazione (FAQ on residence years) · Government of San Marino (GOV.SM) · checked 2026-10-11