How do I get a residence permit in Montenegro?
Get Your Montenegrin Residence Permit
- Buy a home; found a company and make yourself the executive director; or arrange full-time employment.
- Apply for temporary residency. Renew this until you’ve spent five years in Montenegro.
- Apply for permanent residency and spend another five years here.
- Apply for citizenship.
How do I become a citizen of Montenegro?
Generally, it takes five years as a temporary resident, plus five years as a permanent resident, plus basic language proficiency in Montenegrin to get citizenship. Montenegrin citizenship by investment is available to those willing to pay €350,000+ for it.
How much does it cost to immigrate to Montenegro?
an investment of at least 250,000 euros in projects located in underdeveloped zones in Montenegro, or a minimum investment of 450,000 euros in projects located in developed areas, a government fee of 100,000 euros is required both types of investments, a guarantee of 15,000 euros is also required for the applicant.
Can you buy Montenegro citizenship?
Investment options to apply for citizenship
There is now only one way to obtain Montenegrin citizenship by investment: make a contribution to the government fund – €100,000, and then invest in real estate. All properties are approved by the government of Montenegro.
What is the average salary in Montenegro?
Although the average salary in the country is around 520.00 EUR, taxes and contributions are deducted already from this salary. With the taxes and contributions included, the gross salary is around 780.00 EUR. However, as mentioned, it can vary from different job categories.
Is it cheaper to live in Montenegro?
Montenegro isn’t an expensive country to live in by European standards. … The cost of living in Montenegro is around 43% lower than in the UK or in the U.S.A; rent is 63% lower than in the UK and 71% lower than in the U.S.A. Of course, rent prices will vary across the country, with cities being more expensive.
How can I get a job in Montenegro?
Every foreign citizen who wants to get a job in Montenegro should register at the Employment Office.
Types of work permits in Montenegro:
- Personal work permit. Issued to foreigners who have permanent resident status. …
- Work placement permit. …
- Work permit.