Residence Permit
Obtaining a residence permit in Montenegro is a process that offers many advantages in the business world and personal life. In addition to the advantages of company establishment, there are four different ways to obtain a temporary residence permit. These methods offer various options for those who want to settle in Montenegro and live under advantageous conditions.
1 - Residence permit with the opening of the company: Thanks to the opening of their own companies, which our clients have started by coming to Montenegro personally or by giving a power of attorney from the country they are in, a 1-year residence permit can be obtained.
2 - Family reunification: Within the scope of the European Union entry, individuals who work in any company, who are the founder or manager of the company, can issue a 1-year residence permit to their spouse and children under the age of 18 by using family reunification.In this process, the average expense varies for each member of the family.Family members who obtain a residence permit in this way can also benefit from state health services.
3 - Purchase of real estate: With a new law enacted by the Montenegrin government in 2015, it became legal for foreigners to obtain a residence permit regardless of the price of the property to be purchased with the purchase of real estate.Thanks to this method, a 1-year residence permit can be obtained to be renewed every year.If the property is not sold and the renovation process continues for 5 years without interruption;The property owner can apply for a permanent residence permit.However, as soon as the property is sold, the residence permit is also canceled.Those who have their own company have the right to acquire ownership on that company.In order to obtain a residence permit, the property must be residential.Assuming that house prices have increased by 30% in the last 2 years and remain above the inflation level;Investing in housing in Montenegro can be a serious source of income.Investments made especially in areas close to the sea spend both an economical and quiet holiday in summer;It can also allow you to receive rental income in winter.Residence permits linked to the purchase of property will be revoked upon entry into the European Union.This process took place in Bulgaria and Romania.
4 - By working in a company: Just like in your country, you have the right to start working as an employee in a company located within the borders of Montenegro by making a 1-year employment contract and obtain a 1-year residence permit.Even if you work continuously for 10 years in this method, it is very unlikely that you will get an indefinite residence permit or citizenship.In this method, you have the right to apply for family reunification and get residence for the members of your family and to benefit from health services.
5 - Digital Nomad Visa: As a country that welcomes digital nomads, Montenegro offers special visa programs for remote workers.Digital workers who want to relocate to Montenegro through these programs can benefit from special advantages.