Montenegro Residence by Investment
Montenegro, classified by the World Bank as one of the fastest-growing economies in the Balkans, is rapidly positioning itself as a strategic hub for major industries. The Government of Montenegro invites wealthy and skilled foreign individuals to invest significantly in the country, providing an efficient pathway to residency. Individuals can obtain residency within approximately one month under this program.
Advantages of Montenegro Residence
- Efficient Process: Streamlined application procedure and swift bank account setup.
- Minimal Requirements: Only one visit to Montenegro required during the application process.
- Path to Permanent Residence: Eligibility to apply for permanent residence after five years.
- Cost-Effective Business Operations: Lower business costs compared to many European jurisdictions.
- Duty-Free Trade: Access to trade and customs agreements with EU member states, Switzerland, Türkiye, and others.
- EU and International Memberships: Residence in a member state of the European Monetary Union, NATO, OSCE, and the WTO.
- Quality of Life: Enjoy a multinational, multilingual environment with a mild Mediterranean climate, scenic landscapes, and a low cost of living.
Requirements for Montenegro Residence
Applicants must choose one of the following investment options:
- Real Estate Acquisition
- Purchase a property (no minimum value).
- Legal Entity Registration
- Registration of a legal entity in Montenegro.
- Open a bank account.
- Rent/ purchase office space for the business purpose.
- Rent/ purchase residential property for personal purpose.
- Annual operational costs for the company start from EUR 3,000.
Procedures and Time Frame
- Application Process: Submit completed application forms along with the required fees and supporting documents.
- Country Visit: Applicants must visit Montenegro once during the application process.
- Residence Permit: Successful applicants receive a residence permit valid for one year, which is renewable annually. Permanent residence eligibility arises after holding residency status for five years.
