Residence permit in Montenegro by the purchase of real estate

Invest in real estate in Montenegro and get a residence permit in 30 days
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Foreign citizens, who have purchased residential or commercial property in Montenegro, can obtain a residence permit in the country (Privremeni Boravak). Obtaining a residence permit in Montenegro by purchasing real estate is one of the fastest ways to get a residence permit in the European country, which will become a member of the EU by 2025. Investors, who have invested in real estate and meet the requirements of article 43 of the Law on Foreigners, can get a residence status in Montenegro for up to 1 year.

A profitable investment option is the purchase of furnished and ready-to-live-in luxury apartments or penthouses in the southern region of Montenegro. The owners of such real estate have the opportunity to live on the Adriatic coast or rent out the property on a turnkey basis, without personal involvement, receiving a stable passive income of 20%.

Residence permit in Montenegro by the purchase of real estate

Real estate eligible for a residence permit

Apartment at Victoria Residence
Apartment at Victoria Residence
Apartment at Victoria Residence
Apartment at Victoria Residence

Apartment at Victoria Residence

22. Novembra, Budva, Montenegro

155000 EUR

Victoria Residence is located near the old center of Budva resort, close to supermarkets, restaurants, cafes, bars and shopping centers, just 100 meters from the beach. The apartment consists of a bedroom, bathroom, living room with kitchen and terrace, overlooking the mountains and the sea. The price of the apartment includes the cost of the interior decoration and furniture. Buying this facility allows you to get a residence permit in Montenegro.

49.00 m² 1 bedroom 1 bathroom
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Luxury studio apartments A110 in Porto Budva
Luxury studio apartments A110 in Porto Budva
Luxury studio apartments A110 in Porto Budva
Luxury studio apartments A110 in Porto Budva

Luxury studio apartments A110 in Porto Budva

20 Mediteranska, Budva, Montenegro

94620 EUR

Porto Budva is located 100 meters far from the historic center of Budva. The studio apartments here are luxury premium apartments designed for comfortable living and profitable investment. Apartments are located on the 3rd floor of the building and offer beautiful views of the city. Buying studio apartments in Porto Budva allows you to get a residence permit in Montenegro.

24.90 m² 1 bedroom 1 bathroom
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Luxury studio apartments A111 in Porto Budva
Luxury studio apartments A111 in Porto Budva
Luxury studio apartments A111 in Porto Budva
Luxury studio apartments A111 in Porto Budva

Luxury studio apartments A111 in Porto Budva

20 Mediteranska, Budva, Montenegro

105220 EUR

Porto Budva is located just 100 meters from the center of Budva and 20 meters from the waterfront. The 1st and 2nd floors of the building are occupied by commercial premises, the remaining 9 floors are premium apartments providing the most comfortable living. Studio apartments A111 are situated on the 3rd floor of the building offering breathtaking views of the sea from their panoramic windows. The apartments are an excellent investment option and are the basis for obtaining a residence permit in Montenegro.

27.69 m² 1 bedroom 1 bathroom
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Premium apartments 802 at Victoria Residence
Premium apartments 802 at Victoria Residence
Premium apartments 802 at Victoria Residence
Premium apartments 802 at Victoria Residence

Premium apartments 802 at Victoria Residence

22. Novembra, Budva, Montenegro

175000 EUR

Victoria Residence is located near the old center of Budva and is 350 meters far from the beach area. There are cafes, bars, restaurants and shopping centers within walking distance. The studios include bedrooms, bathrooms, living rooms with kitchen area and terraces with greenery, offering beautiful sea and city views. The price of the property includes furniture and full interior decoration. Ownership of these apartments is the basis for the issuance of residence permit in Montenegro.

49.00 m² 1 bedroom 1 bathroom
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Advantages of purchasing real estate
and applying for a residence permit in Montenegro

Possibility of buying property by installments (50% down payment, 50% can be paid within 36 months).

Possibility of buying property by installments (50% down payment, 50% can be paid within 36 months).

A wide range of properties with luxurious furniture and sanitary ware on the Azure Coast of the Adriatic

A wide range of properties with luxurious furniture and sanitary ware on the Azure Coast of the Adriatic

Access for children to free European level education for children

Access for children to free European level education for children

Living in a stable and economically developed country, which is a member of NATO and a candidate for EU membership by 2025

Living in a stable and economically developed country, which is a member of NATO and a candidate for EU membership by 2025

Opportunity to get permanent residence permit after 5 years of continuous residence in the country.

Opportunity to get permanent residence permit after 5 years of continuous residence in the country.

Opportunity to obtain a stable income from the rent of real estate on a turnkey basis, without personal involvement of the owner, with a passive income of 20% or more

Opportunity to obtain a stable income from the rent of real estate on a turnkey basis, without personal involvement of the owner, with a passive income of 20% or more

Favorable tax system - 9% income tax and the opportunity to receive a 21% refund of VAT on the purchase of real estate

Favorable tax system - 9% income tax and the opportunity to receive a 21% refund of VAT on the purchase of real estate

Access to all kinds of services in the banks of Montenegro, including loans.

Access to all kinds of services in the banks of Montenegro, including loans.

Opportunity to immigrate with your spouse and children.

Opportunity to immigrate with your spouse and children.

Requirements for the applicant

To get a residence permit by purchasing a property in Montenegro, the following requirements should be met:

Legal age individuals

Ownership of real estate in Montenegro

Have enough financial resources for living in the country

No criminal convictions

Personal account in a Montenegrin bank and health insurance.

No bans on entry and stay in Montenegro

The required documents

Valid international passport and proof of the ownership of real estate in Montenegro 01

Valid international passport and proof of the ownership of real estate in Montenegro

Birth or marriage certificate (if applicable) 02

Birth or marriage certificate (if applicable)

Certificate of no criminal convictions for a period over six months (for applicants over 14 years old) 03

Certificate of no criminal convictions for a period over six months (for applicants over 14 years old)

Bank statement, proving solvency of the applicant 04

Bank statement, proving solvency of the applicant

Invest in real estate by the seaside and get a residence permit in a European country
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The steps to obtaining a residence permit

01

Contacting a migration company

To begin the process of obtaining a Montenegrin residence permit, you need to send an inquiry on the website Montenegro Invest for a consultation with a lawyer. The specialist of the company will consult you about the procedure for obtaining a residence permit, the nuances of investing in real estate in Montenegro, as well as help you to find a suitable property for investment on the Adriatic coast.

02

Purchase of real estate and payment of state fees

Once you have chosen a property for investment, the lawyers at Montenegro Invest will provide you with comprehensive support in the purchase process. Our specialists will help you to pay the state duty and prepare a set of documents for submission to the authorized body.

03

Obtaining residence permit in Montenegro

Migration lawyers of Montenegro Invest accompany you in submitting your application and set of documents to the Police Immigration Department. At this stage, you have to submit biometric data, have your photograph taken and have your digital signature processed. After successful verification of the documents, the authorized body will issue you a temporary resident of Montenegro card with a validity period of up to 1 year.

Legal residence in Montenegro

  • Residence permit by the purchase of real estate or land
  • Buy residential or commercial real estate in Montenegro for any amount and get the right to obtain a residence permit and become a resident of this European country.

    Cost: from 5000 EUR
    Time to get: up to 1 month
  • Residence permit by business
  • Incorporate a company in Montenegro with a minimum share capital of 300 EUR and get the status of a full resident of the state.

    Cost: from 5000 EUR
    Time to get: from 14 days
  • Citizenship by the purchase of real estate
  • Get a passport of Montenegro by investing 450,000 EUR in one of the elite properties of the coastal zone of Porto Montenegro.

    Cost: from 450 000 EUR
    Time to get: up to 3 months
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