Montenegro
Residency by Investment
Second Passport Through Business and Real Estate Investment
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Montenegro Residency by Investment
Montenegro is a small southern country boasting favourable tax rates, affordability, and lucrative real estate opportunities. The Montenegro Visa Program would give our investors access to the European continent while also enabling them to have a home in a country with a stable economy and a good quality of life.
Montenegro Overview
Montenegro is located in the west-central part of the Balkan region, with cascading Alps and lakeside cities. Montenegro is a very picturesque country. Before its independence in 2006, Montenegro was part of Yugoslavia and Serbia. With a smaller population, Montenegro, despite its vast landscape, is welcoming to newcomers, with an inclusive environment that hopes new residents will enjoy the country and community.
Investment
Minimum investment of USD 100,000
Processing Time
Processing time of two to three months.
Key Benefit
Visa free travel to over 150 countries
Montenegro Temporary Residency By Investment Requirements
If you have taken advantage of the 90-day stay in Montenegro, you can apply for a temporary residency permit within that period. Once you have applied, you can stay in Montenegro for over 90 days until you hear from the Ministry of Immigration whether they have accepted you as a temporary resident.
En route to permanent residency in Montenegro, you must first acquire a temporary residency permit. Foreign citizens can stay in Montenegro for over 90 days with a temporary residency permit as long as they can meet one of the following conditions:
- Family reunification
- Secondary Schooling or study.
- International student exchanges or other programs for younger students.
- Specialization, vocational training, and practical training.
- Scientific research work.
- Medical treatment.
- Humanitarian reasons.
- Guiding religious services.
- Immovable property ownership in Montenegro.
- You are financially stable with proof from bank statements.
- You have a planned residence.
- You have medical insurance.
- You have submitted evidence justifying the application for temporary residence.
- You hold a valid passport or identity card.
- You are not prohibited from entering and residing in Montenegro
- No criminal record in your home country and Montenegro
- You do not pose a threat to public order or public health.
Montenegro Permanent Residency By Investment Requirements
- Montenegro can grant you a PR if you have legally lived under temporary residency in the country for 5 years. Unique circumstances might be an option for you if you are looking for a PR but don’t want to wait the whole 5 years to get it. These conditions can apply to you for humanitarian reasons or if you can propose something of interest to Montenegro.
Often, PR results are given within 60 days, with exceptional circumstances seeing waiting periods of up to 6 months. Once you receive your PR, it will be valid for up to 5 years.
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Benefits of Montenegro Residency
Benefits
- Low-income taxes for residents
- Light regulations make starting and running a business in Montenegro much easier.
- No language evaluations for applicants.
- Member of NATO, good for diplomacy.
- Montenegro is a candidate country for the EU expansion, with the acceptance to be given in 2025.
- Visa-free travel to over 100 countries.
Country Information
The official name is the Republic of Montenegro.
The official language of Montenegro is Montenegrin, but because of its location in the Balkans, Serbian, Croatian, Bosnian and Albanian are also recognized languages.
Montenegro has no official religion and doesn’t discriminate against each person’s beliefs. But, 72% of the population are Orthodox Christians.The economy is mainly open, seeing a solid industrial foundation and a healthy tourism sector.
Capital: Podgorica
Currency: Euro’s
Exchange Rate: 1 USD = 0.93 EUR
Population: 626,485
Government Type: Parliamentary Republic
Languages: Montenegrin, Serbian, Croatian, Bosnian and Albanian.
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FAQs about Montenegro
A residence permit can indefinitely extend a stay in Montenegro from the maximum of 90 days permitted as a tourist.
You can become a permanent resident of Montenegro by lawfully residing in the country for five consecutive years before submitting an application for a permit possessing a temporary residence permit or approved additional protection by the law governing asylum.
Yes, acquiring a residence permit in Montenegro is a relatively straightforward process. However, there is no longer the residency shortcut offered by the discontinued citizenship by investment program.
We live in a paperless world. Yet many countries’ bureaucratic procedures are less digital than you would imagine. We can help. Become a client, and we will deal with all the red tape.
