Posts tagged: living in montenegro

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Residence Permit in Montenegro

Montenegro News - 09/11/2015

Foreign property buyers are able to obtain a one year residency permit based on the ownership of a property in Montenegro regardless of its value. The permit can be renewed annually. The permit can only be obtained by owners of houses, apartments, commercial units, hotels, restaurants and  holiday homes. Ownership of a plot of land, ruin or non residential building…

No minimum property price for obtaining a residency permit

Montenegro News - 02/11/2015

The government of Montenegro will set no minimum price paid for property by foreign citizens who would like to obtain a residency permit. It will be possible to get a one year residency permit based on ownership of the property regardless of its value. Each year the permit can be extended.

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