How to Obtain Residency in Montenegro
Why seek to obtain residency in Montenegro?
- An absolutely gorgeous country with mountains, beaches, and historical towns.
- A low cost of living; Montenegro is competitively ranked in the Numbeo Cost of Living Index.
- Affordable, quality real estate.
- Geographic location – in Europe.
- 9% corporate income tax, 9% personal income tax, 9% capital gains tax, 9% dividend tax – amongst the lowest in Europe
- Multiple international schools.
- Affordable healthcare.
1. What documents to you need to obtain residency in Montenegro
You’ll need the following documentation to obtain residency in Montenegro:
- A clean, criminal record from back home
- Letter of application for registration
- Marriage and birth certificates for your family members
- A diploma which demonstrates your education level such as university of 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
All documents needs to be translated into Montenegrin. The lawyer will take care of this. Documents from back home must be apostilled.
The whole process can take 45 days. It’s quite a bureaucratic process.
2. If you obtain residency in Montenegro, can it lead to citizenship?
Yes it can.
- You must spend 5 years in Montenegro with your temporary residency. The government wants you to stay AT LEAST 9 months per year to renew it on a yearly basis. If you don’y spend the minimum amount of time, then you will have to apply for a temporary visa again, and the countdown will start from year one. Simply renewing the residency is much simpler from a bureaucratic point of view.
- After 5 years of maintaining temporary residency, you are entitled to permanent residency.
- 5 years later (year 10), you can apply for Montenegrin citizenship.
3. How my lawyer can help you obtain residency
My lawyer in Montenegro can help you jump through all the bureacratic hoops. He speaks English, German, and Montenegrin fluently. He’ll help you in person at the police and immigration departments, as opposed to just handing you over the files and leaving you on your own to go deal with the bureaucracy.
Residency Visa Services
- Document preparation
- Application screening by the immigration lawyer
- Support at the police and immigration departments to navigate the process
- Help to get the actual residency card
- Expect to pay some minor fees for the document translations
Get in touch with me at email@example.com or through the contact form below if you want to get the process started or have any question.
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Important to understand: The residency services are performed by a lawyer. We at The Wandering Investor are just a middleman and therefore have no liability.