Investment in

MONTENEGRO

WHY

MONTENEGRO

Since gaining independence in 2006, Montenegro has emerged as
Europe’s “unexpected fast growth” star. It has quickly transformed into
one of the most attractive investment destinations in both Europe and the
Balkan region. Obtaining residency in Montenegro provides numerous
advantages, including:

  • Low cost of living
  • Flexible Visa Options
  • Affordable, quality real estate & healthcare
  • Strategic Geographic location – in Europe
  • Fast and simple Company Registration procedure
  • Low Tax Rates: 9-15% corporate income tax,
    9-15% personal income tax,
    15% capital gains tax,
    15% dividend tax – amongst the lowest in Europe

How to get a residency in Montenegro

THROUGH COMPANY FORMATION

THROUGH BUYING A PROPERTY

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What documents needed to obtain a residency in Montenegro

  • Passport
  • A clean, criminal record from your country of citizenship (not older than 6 months)
  • Letter of application for registration
  • Marriage and birth certificates for your family members
  • A diploma which demonstrates your education level such as university or high school
  • For residency through real estate – a copy of the real estate title deed
  • For residency through a local company – the company documents and proof you are registered as the director
  • Medical insurance (for a period of not less than 30 days)

All

Documents

All documents need to be translated into Montenegrin. The
immigration agent will take care of this. The whole process can
take 45 days. It’s quite a bureaucratic process. Also, within 24
hours of your arrival in Montenegro you need to register your
arrival with the local police branch or with the closest tourist
office. You will need to be registered there to receive the
permit.

  • The spouse and children under 18 of the holders of a residency permit are also entitled to residency.
  • You will receive a decision a decision regarding your temporary residency permit within 40 days of applying to become a temporary resident.
  • A decision on permanent residency in Montenegro is typically given within 60 days of applying. It will take up to six months at the most. Permanent residence permits in Montenegro are valid for five years.

Can obtaining residency in Montenegro lead to citizenship?

Yes .....

To qualify

You must reside in Montenegro for 5 years under temporary residency. The government requires you to stay at least 9 months per year to renew your residency annually. Failing to meet this minimum stay means you’ll need to reapply for temporary residency, restarting the 5-year countdown.
Renewing residency, however, is significantly easier from a bureaucratic perspective.
After 5 years of maintaining temporary residency, you can apply for permanent residency.
5 years later (year 10), you can apply for Montenegrin citizenship.

Residency Visa Service through

Company Formation LTD

Procedure:

  • Certificate of Incorporation
  • Company seal and stamp
  • Official registered company address
  • Obtention of tax number for company (PIB)
  • Document preparation for immigration
  • Registration of the company director for insurance and social security contributions with the tax authorities
  • Application screening
  • Support at the police and immigration departments to navigate the process
  • Help to get the actual residency card
  • Fees for the document translations, cost €250 for each document
  • Assist with personal bank account opening, cost €150 for company account and €150 for personal account
  • Extra €350 per dependent (spouse / children)
Important Note: Documentation preparation and registration is about a week, it can be done entirely remotely with a Power Of Attorney.

Residency Visa Service through

Real Estate

Procedure:

  • Document preparation
  • Application screening
  • Support at the police and immigration departments to navigate the process
  • Help to get the actual residency card
  • A copy of the real estate title deed
  • Extra cost €350 per dependent (spouse / children)
  • Extra cost €150 for personal bank account opening
  • Fees for the document translations, cost €250 for each document

You are eligible for a temporary residence permit if:

You have means of subsistence demonstrated with a bank account statement

You have submitted evidence justifying the application for temporary residence

You are not prohibited from entering and residing in Montenegro

You have arranged accommodation

You hold a valid passport or identity card issued by the competent authority of another state

You have a clean criminal record in your home country and Montenegro

You have medical insurance

A statement from your bank account showing that you have sufficient funds live in the country

You are not subject to restrictions due to national security, public order, or public health reasons

Get Started

Investments

Contact info

  • +357 96 694 800
  • Info@tragnitemontenegro.com
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