Montenegro
Located on the Balkan Peninsula in Southeastern Europe, Montenegro is renowned for its stunning and unique natural landscapes. Having gained sovereignty in 2006, Montenegro is a NATO member, uses the euro as its currency, and is officially a candidate for EU membership.
Residence by Investment Overview
Montenegro is a secure and stable country that has emerged as an economic center for modern resorts and is transitioning towards a free-market economy. The Montenegro Residence program offers foreign nationals the opportunity for a diversified investment portfolio and alternative residence in Europe. Additionally, Montenegro's growing economy and attractive lifestyle make it an appealing choice for those seeking a European residence.
Investment
Minimum real estate investment of GBP 1.75 million and annual taxes of GBP 250,000
Processing Time
Approximately one month from submission of the application to approval
Key Benefit
A secure environment, access to a growing economy, modern resort developments, and the opportunity for European residence.
Montenegro Residence
Montenegro, recognized by the World Bank as one of the fastest-growing economies in the Balkans, is rapidly positioning itself as a crucial hub for major global industries. The Montenegrin government invites affluent and skilled foreign individuals to make substantial, qualified investments in the country. Through this program, individuals can obtain residency in Montenegro within about one month.
Benefits of Montenegro Residence
Streamlined process for residence applications and bank account openings.
Simple application requirements, with only one required visit to Montenegro.
Eligibility for permanent residence after five years.
Lower business operation costs compared to other European countries.
Duty-free trade and customs agreements with EU member states, Switzerland, Türkiye, and other nations.
Residency in a country that is part of the European Monetary Union, NATO, OSCE, and WTO.
Living in a diverse, multilingual country with a mild Mediterranean climate, stunning landscapes, and a low cost of living.
Requirements of Montenegro Residence
To acquire residence, applicants must select one of the following investment options:
Real estate acquisition
Purchase an existing property (no minimum value is required).
Legal entity registration
Fulfill the following requirements:
Create and register a legal entity in Montenegro.
Open a bank account.
Rent or purchase office space for the business.
Rent or purchase residential property for personal use.
Annual costs associated with company operations start from EUR 3,000.
Procedures and time frame of Montenegro Residence
Applications must include completed forms, the necessary fees, and supporting documents. Applicants need to visit Montenegro at least once during the process. Successful applicants will receive a residence permit valid for one year, which is renewable annually, within about a month. After five years of holding residency, they are eligible to apply for permanent residence in Montenegro.
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Trust Path Visas assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation
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