Elective residence (residenza elettiva) through investment
The Congress of State may grant elective residence to a foreigner who buys a home in San Marino for at least EUR 500,000, or places at least EUR 600,000 in a 10-year non-interest-bearing deposit in San Marino state securities or a special fund. The investment must be kept until residence is consolidated after ten years. A maximum of 50 elective residences can be granted each year, and the decision cannot be appealed.
Life in San Marino
Money
3
Currency
Euro
EUR
Euro
Cost of living
83
Price level · US = 100
World Bank price levels, 2025
Tax
9–35%
Income tax (national)
Import tax (imposta monofase) 17%
Eight brackets; 35% applies above EUR 80,000.
Your edge here Members
What gives you an edge here: passports, visas and permits you hold, work, study, language and family ties
Who it’s for
Wealthy foreigners who want to live in San Marino and can make a qualifying property purchase or deposit.
Eligibility
Property option
Buy a building or part of a building for your own or family housing, worth at least EUR 500,000.
Property option amounts
- Minimum purchase
- EUR 500,000
- Countable extra costsup to; completion, renovation, rebuilding
- EUR 150,000
- Legal basis: art. 16-bis(1)(a)
- Purchase must be for own or family housing
Official wording
Purchase of a building or part of a building for at least EUR 500,000 for own or family housing; completion, renovation or rebuilding costs up to EUR 150,000 can count (art. 16-bis(1)(a)).
Deposit option
Make a 10-year tied deposit of at least EUR 600,000 with no interest.
Deposit option
- Minimum depositnon-interest-bearing
- EUR 600,000
- Deposit term
- 10 years
- Held in San Marino state securities or a fund set up by the State
- Legal basis: art. 16-bis(1)(b)
Official wording
A 10-year non-interest-bearing, tied deposit of at least EUR 600,000 in San Marino state securities or a fund set up by the State (art. 16-bis(1)(b)).
No exclusion grounds
The applicant must not fall under the refusal grounds in art. 17(1)-(2).
A sneak peek at what's inside
- Next requirementAnnual cap
- Document checklistCertified copy of a valid travel document
- FeesApplication processing fee
The full requirements are for members
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- 1 more requirement
- 6 documents
- 4 fees
- 5 steps
- Processing times and conditions
Places to visit in San Marino
Attractions picked for you, based on your profile and interests.
Finding places for you…
Official sources
Other routes to San Marino
- Visit & tourismTourist and visit stay in San Marino
- StudySpecial residence permit for study
- Work permitsResidence permit for work (seasonal or temporary) in San Marino
- FamilyOrdinary residence permit for family reunification
- CitizenshipSan Marino citizenship by naturalisation
Investors & entrepreneurs in other countries
- ThailandDestination Thailand Visa
- TajikistanBusiness visa category 'K'
- UkraineTemporary residence for company founders and investors
- United StatesEB-5 Immigrant Investor Program
- UzbekistanInvestor residence permit and investment visa
- South AfricaRemote Work Visa - visitor's visa under section 11(1)(b)(iv) for remote work