Montenegro residence by investment

Montenegro residency by investments

You can participate in this programme for investing in the country's economy. There are two available options for foreign citizens:

1. Real estate: the minimum value of the object is not set. The main condition is that the housing or commercial property must be free of encumbrances.
2. Investing in a company: the investor needs to register a local company. It will also be necessary to open a bank account and purchase/rent long-term housing.

The main requirements for the applicant include no criminal record and a proven source of income. The programme can include the following family members in the application:

• The spouse.
• Children under 18 years of age.

There is no minimum threshold for investment in real estate set by the state government. However, the purchased object must not have any encumbrances, i.e., it cannot be mortgaged, all taxes must be paid, there must not be any legal proceedings related to the premises, etc.

The procedure of registering a residence permit lasts up to 6 months. This period includes submitting documents, checking for compliance with the requirements and making a decision. The initial card is issued for 1 year, after which it can be extended if you continue to fulfil your investment obligations. After 5 years of living under the residence permit, you can apply for the status of a resident of the country (permanent residence permit).

Residence permit requirements in Montenegro

To participate in the Golden visa in Montenegro programme, the following requirements apply to the candidate:

1. Investments: there is no minimum threshold. You can open a company, from the activities of which you will need to pay taxes, or purchase local property.
2. Age and status: the investor must be of legal age (18 years of age and older) and confirm the legality of the origin of funds.
3. Legal compliance: the applicant must have no criminal record and not be under sanctions.
4. For family members: the programme covers the investor and immediate family members such as the spouse and children under the age of majority.

Documents for applying for residency in Montenegro

It is not difficult to get a residence status in Montenegro if you fulfil the investment conditions and provide the following documents:

1. Passport: a copy of a valid passport.
2. Marriage and birth certificate of children: if there is a family.
3. Bank statement confirming the availability of funds.
4. Health insurance: covering all health risks.
5. Proof of residence in the country: rental agreement or property certificate.
6. Financial documents: proof of source of income and financial solvency.
7. Certificate of criminal record.