Highly efficient procedure for residence application and opening a bank account
Montenegro is not only known for being a popular luxury destination, but it also has dynamic investment potential.
Montenegro is a safe and stable country that has become an economic hub for modern resorts and is working towards having a free-market economy. Montenegro Residence grants residence rights to foreign nationals seeking a diversified portfolio that comes with the benefit of alternative residence in Europe.
No minimum investment
Approximately one month from submission of the application to approval
The right to live, work, and study in Montenegro
Highly efficient procedure for residence application and opening a bank account
Minimal application requirements, with only one visit to Montenegro required during the application process
Eligibility to apply for permanent residence after five years
Low business operation costs compared to other European jurisdictions
Duty-free trade and customs agreements with EU member states, Switzerland, Türkiye, and other countries
Residence in a member state of the European Monetary Union, the NATO Alliance, OSCE, and the WTO
Residence in a country that is multinational and multilingual, and enjoys a mild Mediterranean climate, beautiful scenery, and a low cost of living
To acquire residence, applicants must select one of the following investment options:
1. Real estate acquisition - Purchase an existing property (no minimum value is required).
2. 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.
Applications must include completed application forms and be accompanied by the appropriate fees and supporting documents. Applicants are required to visit the country once during the application process. Within approximately one month, successful applicants receive a residence permit that is valid for one year and renewable annually. After holding residence status for five years, they can apply for Montenegrin permanent residence.
To Know More About Leading Residence and Citizenship by Investment Programs
© 2024 Rhine Citizenship and Immigration.