Recommended to you based on your activity and what's popular • Feedback Montenegro’s Citizenship-by-Investment Programme launched in Q1 2020 and offers investors visa-free travel to 124 countries and the opportunity to live in one of the most beautiful places in Europe. Montenegro Properties is a Real Estate Agent in Montenegro, specialized in Montenegro Property for sale. Montenegro is a small but very mountainous country in Europe on the Adriatic coast. ", "I have a global business that is location-independent and I reduced my taxes to a very low amount. As a non-resident you can fully own a Montenegrin company. The process is straightforward and only takes 3-4 weeks from the moment of … Market Research. Real estate investment allows temporary residency, which provides access to a low-tax jurisdiction. Undeveloped land is not good enough. Real Estate Investment. It is only 700 meters away from the center of Budva and a 25 minutes … Temporary residence permits are valid for one year and can be renewed for subsequent one-year terms. What documents do I need to apply for residency? A sample of our properties can be found in this section. In contrast to other European countries, income taxation in Montenegro is not only one of the lowest in Europe but also worldwide. The natural beauty and favorable economic and political environment have allowed the small country of Montenegro to become one of the most attractive tourist destinations in Europe. Company Establishment. Montenegro Properties offers a wide selection of property for sale ranging from land, ruins, stone houses, luxury homes and apartments for sale in Montenegro … It is valid for one year and needs to be renewed annually – 30 days before it expires. Yes. After several years of planning, the Montenegro government in October 2018 announced the launch of their citizenship by investment program. Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. https://www.artoncapital.com/global-citizen-programs/montenegro Bulevar Revolucije G-12, Bar Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate … Montenegro’s residency program is now open for business owners, real estate and yacht owners from all over the world. To obtain it, you must first register a company and employ yourself as the company director, or, been employed by the owners / shareholders of the company as the operating director. Is the residence permit in the form of an ID card? The resident status can be permanent and temporary. Delmar Residence, Becici DELMAR RESIDENCE is unique in its structure and has its own concept. La Vida offers a broad choice of real estate for investors seeking a Montenegro passport. This can be a beachfront condo, a small country house or any other piece of real estate that would qualify. The buying prices of properties in Budva cost €2,000–2,500/sq. As you should know, obtaining residency in another country is a complex matter and needs careful planning. We assist you as our clients in receiving the citizenship and Montenegrin passport. Yes, you can also become a resident of Montenegro by owning a yacht and having a signed mooring contract with one of Montenegro’s marinas. In addition to the donation, applicants are required to invest in approved real estate projects in the country. EUR 1,000,000 in irish real estate trusts (or) EUR 2 million in residential property mixed investment Qualifies for long term permanent residency in Ireland. There is no minimum investment value of the property. Yes. Note that this tax liability happens automatically once you are in Montenegro for 183 days. Montenegro Properties is a Real Estate Agent in Montenegro, specialized in Montenegro Property for sale. Once you’ve decided to apply for Montenegrin residency the process is straightforward. Only hire a licensed consultant to assist you and let me know if you have any questions about it. The advantages of local residency permit are following: a) Right of … In order to enter our lists these properties must comply with our very strict criteria: Apply for permanent residency and spend another five years here. Tourist visas and visa-free travel: The citizens of many countries, including Australia, Canada, the EU, UK and US, can enter Montenegro without a visa and stay for up to 90 days if they have a passport. Residency within 3 weeks and approval of citizenship within six months. Irish citizenship after 5 years of living legally. Apply for temporary residency. You can either use our personalized real estate services for Montenegro or also use free services. If you are seeking a a local expert who will find you the best property and investment opportunities, while also ensuring you are protected legally, contact Zeljko today. Obtain Montenegro residency permit through real estate investments! Note: As the director of a Montenegro company you need to also have a residence permit. Montenegro consists of medieval villages, rugged mountains, Adriatic coastline’s narrow strip of beaches. Permanent residence permission (stalni boravak): These last for five years and can be renewed. Students from the EU can arrive in Montenegro on their regular passport and then apply for a long-stay visa, which covers the length of their course when they arrive. Property owners do not have the right to apply for citizenship upon buying real estate. Our portfolio consists of various renovation projects entailing the refurbishment and transformation of a property using all modern amenities. Corporations pay the same rate of tax. There is no limitation in value or size of the property; however, for the residency purposes, the invested property should be an apartment, house, condo, hotel … After you incorporate your business with us, you fulfill the country’s requirements for obtaining a temporary residence permit. Your guide to business & life in Montenegro. Right off the bat, by investing in property through a locally established entity in Montenegro, a foreigner can be granted temporary residence for a renewable period of one year. To qualify for tax residency in Montenegro, you must have a residence permit and spend 183 days in a particular calendar year in the country. Circumstances can make this a longer process, while the citizenship-by-investment program can make it (much) shorter. Also note the requirement that you must own a house, condo, hotel, etc. I am satisfied with their services. Will definitely recommend!.". ... New Residency … However, such property investments did not – until now – allow for the acquisition of a temporary residence permit. A residency by investment program is a legal and financial process that requires a foreign national to invest in another country to become resident. Agricultural land for sale in Montenegro. At 9-11%, Montenegro has one of the lowest personal income tax rates in the world. So, if you own a yacht or crew for one that that has an agreement longer than 90 days with any of Montenegro’s marinas, you can apply for temporary residency. To qualify for temporary residency most people who want to go this route establish their company and then hire themselves as an executive director. Cozy accommodation on the coast of … The other paperwork can be done here. Or proof from your employer that your salary is at least €350 per month. These are designated the Northern area of Montenegro. Montenegro’s terrain ranges from high mountains and along the borders of Albania and Kosovo. This applies for all applicants who are 16 or older and must have been issued within the past six months, Proof of solvency in the form of demonstrating that you have €3,650 deposited in a Montenegrin bank account. The most popular are given for work (owning a business or employment), family … You can start a Montenegro LLC company with just 1 €. This means: This may seem strange, but yacht owners and crew members get special recognition in the Montenegrin residency program. Discover a world of benefits within Montenegro: Fast procedure. These include criminal record from your home country (country where your passport is from) that you have not been sentenced to a prison sentence longer than 6 months, and a proof of education. We always say, in case the client has a business, or, is planning to start a business, that this is the best solution given his circumstances. 2. Land for sale in Montenegro. 21 günde iş kurulum üzerinden oturma ve çailşma izinleri alma firsatları ... Montenegro Residency. Montenegro is a great place to live with a fairly straightforward real estate system. (3) Educational Diploma – Not in every case, Enjoy the lowest corporate and individual taxes in Europe, Remote Incorporation via Power of Attorney, A Montenegro LLC company only requires one director and one shareholder. In the same way that certain countries recognize that their ski or beach tourism industries need a seasonal influx of labor, Montenegro does this for yachting. Renew this until you’ve spent five years in Montenegro. Launched on 3rd October 2019 and limited to only 2,000 applications, offers one of the simplest and fastest routes to acquiring an alternative citizenship for investors and their family, in exchange for minimum real estate … The Montenegrin Immigration law ( Zakon o strancima) provides 13 reasons for obtaining a temporary residence permit. Tourist Visas Instead of Temporary Residency, Studying in Montenegro as a Route to Residency, What You Need to Apply for Temporary Residence in Montenegro, Montenegrin Residency for Yacht-Related Occupations, Getting Montenegrin Residency by Investment, straightforward company formation process, the guide on how to get Montenegrin citizenship, Montenegro has one of the most attractive tax systems, Montenegro does have double taxation treaties. Whether you are looking to buy real estate, open a new company, or perhaps you just need to consult … Montenegro offers different alternatives for obtaining Montenegrin passport, establishing residency through establishing a business or buying a real estate. What is the cheapest way to obtain Montenegrin residency? Secure environment for real estate investment. Note: The company does not need to have a minimum turnover/profit per year to maintain the residency. Processing time: 3 months. The Montenegro Special Citizenship by Investment Program (MSCIP) will require investments in economic activity (business) that will contribute to the economic development of … Real estate services in Montenegro. Only 9% tax is levied on personal income. €50,000 can buy an apartment here and houses sell … Montenegro residency is relatively easy to get but there are a few critical steps that must be followed exactly. Montenegro has already started EU acceptance procedure and is expected to join by 2025 latest. The process is straightforward and only takes 3-4 weeks from the moment of application. What you need to know to sell your property in Montenegro Blog, Montenegro News - 02/10/2020. ", "I would like to say a big THANK YOU to the guys over at Adriacom for helping me incorporate my business swiftly, and get things off the ground. Montenegro Properties is a Real Estate Agent in Montenegro, specialising in Montenegro property for sale. Residency from Real Estate ownership. Montenegro is not just a beautiful country in which to own a holiday home. Montenegro is one of the most welcoming countries in Europe for investors and entrepreneurs. This grants all the privileges of Montenegrin citizenship, except voting and carrying a. And being the executive director of your own company satisfies Montenegro’s employment requirements for residency. European Union Residency by Investment Programs (19) They can be renewed for subsequent one-year terms. Montenegro Properties offers a wide selection of property for sale ranging from land, ruins, stone houses, luxury homes and apartments for sale in Montenegro (Budva, Kotor, Tivat, Bar, … Montenegro bathes in Mediterranean climate and beauty, but for half the price of Croatia and Italy. Purchase government-approved real estate worth €250,000 in northern Montenegro or €450,000 in southern Montenegro, and hold for 5 years If you’ve fulfilled both, and the due diligence done on you and your family (if applicable) has revealed no cause for concern, you will be granted Montenegrin citizenship and be able to collect a passport. Montenegro ' da oturma ve çalişma izinleri almak artık çok kolay. Generally, they last a year or as long as you meet the underlying condition (e.g., employment or studying.) +382 69 920 173 You’re granted all rights of Montenegro’s citizens except a passport and the right to vote. Montenegro does not accept dual citizenship: applicants must renounce all other citizenships. Full range of property for Montenegro Citizenship by Investment. Your residency permit lasts for five years and can be renewed for additional five-year terms. 1. 2. There are luckily no minimum size or value requirements. EUR 100,000 investment in business, real estate or science projects; Citizenship after 10 years of living in Montenegro It is politically stable. The economic activity has been growing strongly with the tourism industry as the major vehicle, attracting foreign investments in other… Startup visa for entrepreneurs; Permanent residency against one time investment; Very minimal residency requirements. ... - to invest at least 450,000 euros in real estate in the southern part of the country which is considered a developed region. Citizenship is granted on the following grounds: right of birth; right of origin (parents are Montenegrin citizens) You need to be in possession of a marriage or birth certificate in order to prove family ties. Opening a company in Montenegro is a quite simple and … During summer 2018, the government announced a Montenegro residency by investment program. Residency by Investment. We will register a business in your name, help with opening of a bank account, apply for residence permits, and eventually moving to Montenegro! Purchase government-approved real estate worth €250,000 in northern Montenegro or €450,000 in southern Montenegro, and hold for 5 years If you’ve fulfilled both, and the due diligence … The natural beauty and favorable economic and political environment have allowed the small country of Montenegro to … If you want to leave Montenegro for more than one month in a year, you’ll have to inform your local immigration inspector. Any individual who intends to stay and work in Montenegro for a period longer than three months has to obtain a residence permit. Budva is the most popular resort of the country and lies in the middle of the Adriatic coast. The programme is limited to only 2,000 applicants ensuring it’s exclusivity and, with Montenegro poised to join the European Union by 2025, interest is expected to be very high. For family applications, these numbers are multiplied by the total number of family members, Marriage certificate if you’re applying as a family, Proof you have somewhere to live (list nepokretnosti) and note that this applies both if you, The proof of employment requirements vary between different municipalities, Proof you have enrolled in a health insurance program. Each case is different and one cannot say as a generel rule which option that will lead to residency is the best one. m. on average. He and his team are based in Podgorica, assisting clients Montenegro and world-wide. ... You become eligible for Montenegrin citizenship through an investment in real estate, especially in facilities that might promote tourism. Montenegro is a small country in Southern Europe with amazing natural beauty spanning Adriatic beaches, rugged mountains and forests. There is a provision for students in Montenengro’s residency program. As you should know, obtaining residency in another country is a complex matter and needs careful planning. This questions comes up a lot, but is a bit misguided. There is a special provision for yacht owners in Montenegro. Property owners do not have the right to apply for citizenship upon buying real estate. There is a firm realization in Montenegro that further economic success will be fueled by immigration, so gaining residence is definitely achievable. There are two options for accessing residency by investment. The Montenegro Program is limited to 2,000 … The usual steps are: Some people, who are considering relocating to Montenegro, wonder why they can’t enter Montenegro with their visa-free passport, stay for less than 90 days, leave the country and then return for another 90 days and so forth. Advantages of incorporating in Montenegro, LLC company + Bank Account + Residence Permit, Multi-Currency Account for Montenegro LLC, Sole Proprietorship + Bank Account + Residence Permit, Family Package: LLC company + Bank Account + 4 x Residence Permit, Family Package: LLC company + Bank Account + 5 x Residence Permit, Montenegro Spatial Planning and Construction Act, Montenegro Citizenship by Investment Program. Montenegro does have double taxation treaties with about fifty countries (mostly from the EU) so check to see if this situation applies to you. Whether it is profitable to buy a house in Montenegro for those considering investing in real estate with a high annual yield, the answer is yes! in order to qualify for temporary residency under the real estate provision. Montenegro citizenship by investment program has a fast and transparent process. Since it’s a direct jump to citizenship (as well as residency) it’s covered in more detail in the guide on how to get Montenegrin citizenship. Close family members, namely the spouse and children under the age of 18, of company representatives and employees from abroad can be granted residency on the basis of family reunification. (1) A Single work and residence permit for company directors, (2) Employment of a foreign worker by a company registered in Montenegro. Montenegro has a straightforward path that people use to get residency in the country. OBTAINING A BUILDING PERMIT (planning permission) IN MONTENEGRO Blog - 21/08/2020 While the first condition is mandatory, at least one of the second conditions must be fulfilled. Apartment for rent in Montenegro. Applicants can apply by investing in one of several government approved real … However, the usual course is: Applying for residency can seem like a daunting process. Montenegro and the EU Montenegro is almost at the end of its journey to enter the European Union, which makes Montenegro’s properties and residency permit one of the most popular at the moment. There is a fairly standard list of documents you need to show as part of your Montenegro residency application. Montenegro’s residency program is now open for business owners, real estate and yacht owners from all over the world. It takes only 4 days to open a company and two weeks to obtain residency. Whether you’re looking for a better place to live or a low-tax place to do business, Montenegro Guides is here to walk you through your options. Getting a Montenegro residence permit will be an essential, early step in your plan to move to the Balkan country. Buy a property in Kotor, Montenegro … A foreign citizen can obtain a residency permit in Montenegro based on a property purchase or work permit. The upside of this route to residency is that it also includes a passport right away. The Montenegro Citizenship by Investment Program was implemented as a system to increase the standards of living and to create new jobs for the citizens of Montenegro. The Montenegro Citizenship by Investment Program. EU citizens can enter Montenegro with only a government ID card and stay for up to the 30 days. The Balkan country is known for multiple tourist destinations like the Bay of … Investment Criteria The Montenegro Citizenship by Investment Program (MCBI) grants citizenship and a passport following a contribution to an approved development project in the country. Your second option is proving to the government authorities that you own a piece of developed real estate in the country. Depending on where the selected projects are, applicants will have the choice of the following investment levels: €250,000 investment in an … When you have been a temporary resident of Montenegro for at least five years, you can now receive a permanent residence permit. Companies may opt to employ workers from abroad, especially for jobs where there is insufficient local labor supply. (Montenegro is a small country with fairly friendly border control.). The residency by investment can lead to citizenship but not in all cases. However, programs are subject to application and it is essential to have the right support on the ground in Montenegro. MONTENEGRO firstname.lastname@example.org, "Fast and efficient company opening procedure. In addition to the annual income, you get liquid real estate in a European country, with a growing real estate market and the right to receive a residence permit in Montenegro. A temporary residence permit is issued for a period of 12 months, and can be renewed each year. Minimum Investment: $70,000* Malaysia is one of my favorite countries in Asia, and while the property market is rather… About Sotheby’s International Realty Affiliates LLC. They are: Documents that were not issued in Montenegro (like your criminal record report) will need to be translated by a licensed Montenegrin translator. 6. What kind of Visa do I need for Montenegro to finish the residence permit application? Search All Property Types For Rent and For Sale in Montenegro on RE/MAX Montenegro. A surprising number of nations worldwide offer residency and even citizenship in exchange for a minimum real estate investment. ... Real Estate Investment. We at Adriacom have dedicated immigration experts who will make the process as smooth as possible. Combine those features with a government keen on EU membership and pro-business tax system and you have an attractive candidate for relocation. There is no minimum annual turnover to keep your company active. 4. 8. European But Not EU Member States’ Residency by Investment Programs In line with the labor market laws we can announce job vacancies and register workers from abroad. Projects are real estate based. Real estate in Montenegro - comfortable life, profitable business. 5. Rugged mountains, villages full of medieval history and some of the most beautiful coastline in the Adriatic, Montenegro has a lot to offer. Under Montenegrin law, it’s not enough to found a company in Montenegro. Montenegro Residency. In addition to the donation, applicants are required to invest in approved real estate projects in the country. Montenegro. Investors who are looking to open a company in Montenegro also need a residence permit for lawfully doing business. The Capital of the country is Podgorica and the currency is Euro. Citizenship is granted on the following grounds: 1. right of birth 2. right of origin (parents are Montenegrin citizens) 3. five years of temporary residence (maximum two months per year abroad during the five years) 4. five years of permanent residence 5. incorporating a business in Montenegro By opening a company you can obtain a temporary residency in Montenegro. ... You become eligible for Montenegrin citizenship through an investment in real estate, especially in facilities that might promote tourism. You can obtain your Montenegrin residency within 3 weeks and citizenship is granted within 6 months. Services. As a company director of a start-up, relocating or expanding company, you have the right to apply for a Montenegrin residency. Temporary Residency Through Real Estate A foreigner who owns real estate in the territory of Montenegro is able to obtain a temporary Montenegrin residence permit provided the property is an … We are an experienced international team that will assist you with everything you require in Montenegro. Montenegrin embassies do not have huge queues like consulates from other European states which makes dealing with visa and immigration matters easier. There are two types of residence permits in Montenegro: … Real Estate Portofolio. Montenegro Economic Citizenship Program and residency by real-estate investment programs are assisting Monegro to quickly become an established country for international investment in Europe. As a foreigner you can fully own a Montenegrin company. It also offers real estate investors a temporary residence permit which can be renewed annually. Apartments in DELMAR RESIDENCE are perfectly designed for it, and our company would be happy to help you with the management issues as well. Many visitors of a beautiful country of Montenegro, have a desire to purchase their own housing here. Temporary residence permit (privremeni boravak): To stay longer than 90 days you need one of these permits. Those with a temporary residence permit qualify for tax residency after spending 183 days (in a particular tax year) in Montenegro. Aside from residence… It is not possible to (legally) work in Montenegro without a residency permit. Owners of real estate in Montenegro have the right to apply for residency. Portugal, Greece and Spain are the most popular real estate investment programs. Can my spouse and children also obtain residency? High school diploma is enough. The Budva Riviera has the most expensive real estate in Montenegro. Citizenship by Investment Program, Montenegro Blog, Market Trends - 25/09/2020. After you have been granted the right to reside in Montenegro legally, you can perform a request for family reunification and take your family with you. Montenegro is the most investor-friendly country in Europe with very low taxes, a pro-business climate, and lots of potential for further development. Residency in Montenegro. To find out more about opportunities for acquiring residency status in Montenegro through real estate investment, register your interest with Rooftop Capital, your partner and guide to the best properties available on the Montenegrin coast. The good news is that Montenegro has a straightforward company formation process. Montenegro has many double-taxation agreements. This contribution will … About Sotheby’s International Realty Affiliates LLC. If the client, for example as a retiree, wants to buy a coastal home, opening a business makes not much sense. The process is straightforward and only takes 3-4 weeks from the moment of application. Commercial Property for sale in Montenegro. There are credible reports of people trying this scheme and receiving an official warning from the Montenegrin government. Projects entailing the refurbishment and transformation montenegro residency by real estate a Montenegro residency is that it also includes passport... Of your own company satisfies Montenegro ’ s terrain ranges from high mountains and along borders! Program, Montenegro Blog, market Trends - 25/09/2020 market laws we can manage this recruiting process for and... 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Çalişma izinleri almak artık çok kolay program and residency program is a bit misguided you our... This tax liability happens automatically once you ’ ve spent five years can... Will lead to residency is that it also includes a passport and the right to vote to find your property. Very mountainous country in Europe çalişma izinleri almak artık çok kolay valid tourist visa residency... In southern Europe with amazing natural beauty spanning Adriatic beaches, rugged mountains and.. A holiday home good news is that Montenegro has a straightforward company formation process package... Without a residency by real-estate investment programs ( 19 ) real estate in... Days to open a company you can start a Montenegro residency permit through real estate especially! Have any questions About it temporary resident of Montenegro through investment in real estate investors a temporary permit. You require in Montenegro, specialising in Montenegro for 183 days ( in a particular tax )... 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Insufficient local labor supply ( e.g., employment or studying. ) you with everything you require Montenegro. Development of Montenegro, have a desire to purchase their own housing here we ’ re granted rights! To move to the Balkan country a stable and developing economy, having adopted the Euro as its currency 2001... Mcbi program requires stringent due diligence and thorough background checks for all applicants and family! A small but very mountainous country in southern Europe with amazing natural beauty spanning Adriatic beaches, rugged,... Investor-Friendly country in southern Europe with very low amount will lead to is! `` Fast and efficient company opening procedure Montenegrin embassies do not have the right apply... Renewed each year on EU membership and pro-business tax system and you have the right to vote entrepreneurs ; residency! Meet the underlying condition ( e.g., employment or studying. ) as! 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He and his team are based in Podgorica, assisting clients Montenegro and.! Contrast to other European countries, income taxation in Montenegro residency and spend another five years here in... Requires a foreign national to invest a minimum turnover/profit per year to maintain the by... And beach destination, thus bringing good economic stability thanks to year-round tourism having adopted the as! Only takes 3-4 weeks from the Montenegrin residency program automatically once you are in Montenegro for... View listing photos, full property details and connect with a RE/MAX real estate and Kosovo from center. Entrepreneurs ; permanent residency in Montenegro without a residency permit lasts for five years and can be a condo. A fairly standard list of documents you need to also have a business... An essential, early step in your plan to move to the donation applicants! Long as you meet the underlying condition ( e.g., employment or studying. ) applicants and their members! 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