How to Obtain a Residence Permit in Montenegro: Real Estate & Business Investment Options
Are you looking to secure a Montenegro residence permit? You can either invest in real estate or establish a company. Here’s everything you need to know about these two pathways:
1. Obtaining a Montenegro Residence Permit Through Real Estate
- No Minimum Price Requirement: There is no minimum property value needed to qualify for a residence permit, making it accessible to all budgets.
- Residential Property Requirement: The property must be classified as residential and suitable for living.
- Investment Benefits: Montenegro’s real estate market is growing, offering potential appreciation and rental income.
- Real Estate Transfer Tax:
- 3% on properties up to €150,000
- 5% + €4,500 on properties valued between €150,001 – €500,000
- 6% + €22,000 on properties over €500,000
- Notary Process: Title deed transactions are handled directly by a notary, simplifying the process.
2. Obtaining a Montenegro Residence Permit by Establishing a Company
- Low Capital Requirement: You can start a company with a minimum capital of just €1.
- Family Inclusion: Your family members can also apply for a residence permit alongside you.
- Tax Benefits: Montenegro offers low corporate tax rates and incentives, making it an attractive business hub.
3. Required Documents for a Residence Permit Application
To apply, you will typically need:
- Original passport and a notarized, apostilled copy
- Criminal record certificate
- Recent photograph
- Health report
- Company registration documents (if applying via business)
- Diploma copy (if applicable)
4. Application Processing Time
Montenegro’s residence permit applications are processed quickly—usually within 7 business days. You can track your application status after submission.
5. Residence Permit Renewal & Indefinite Stay
- Annual Renewal: Residence permits must be renewed every year.
- Permanent Residency: If you stay in Montenegro for at least 10-11 months per year for 5 years, you may qualify for an indefinite residence permit.
Why Choose Montenegro?
Montenegro offers an attractive real estate market, low taxes, and an easy residency process. If you are considering making Montenegro your new home, we can guide you through the entire process.
For expert assistance with your residence permit and real estate investment in Montenegro, contact us today at Violet Investment!
