Permanent Residency with Minimum €65,000
Get Your Montenegrin Residence Permit

Montenegro has a straightforward path that people use to get residency in the country. Circumstances can make this a longer process, while the citizenship-by-investment program can make it (much) shorter. However, the usual course is:

  • Make an investment for a minimum amount of €65,000 to buy a house, condo, apartment flat, or a yacht.
  • Apply for temporary residency. Renew this until you have spent five years in Montenegro.
  • Apply for permanent residency and spend another five years here.
  • Apply for citizenship.

Fast Permanent Residency for Business Owners
Fast Montenegro Residency Requirements

Once you have decided to apply for Montenegrin residency the process is straightforward. Here are the essential details:

  • Primary qualifications for getting a temporary residence permit for Montenegro include full-time work, study, family reunification, owning developed real estate and seasonal employment.
  • Temporary residence permits are valid for one year and can be renewed for subsequent one-year terms.
  • If you want to leave Montenegro for more than one month in a year, you will have to inform your local immigration inspector.
  • Also note the requirement that you must own a house, condo, hotel, etc. to qualify for temporary residency under the real estate provision. Undeveloped land is not good enough.


What You Need to Apply for Temporary Residence in Montenegro

There is a standard list of documents you need to show as part of your Montenegro residency application. They are:

  • A copy of your valid passport that does not expire before the permit would.
  • Proof of education
  • Proof of a clean criminal record. 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. Or proof from your employer that your salary is at least €350 per month. For family applications, these numbers are multiplied by the total number of family members.
  • Marriage certificate if you are applying as a family.
  • Birth certificate for minor children
  • Proof you have somewhere to live (list nepokretnosti) and note that this applies both if you own your home and if you rent.
  • The proof of employment requirements varies between different municipalities.
  • Proof you have enrolled in a health insurance program.
  • Documents that were not issued in Montenegro (like your criminal record report) will need to be translated by a licensed Montenegrin translator.

It will take roughly 20 days to get a residence permit if you are applying for a work permit and about twice as long if not.


Montenegro’s Permanent Residency Permits

  • After spending five years as a temporary resident, you can apply for permanent residency in Montenegro. This means:
  • Your residency permit lasts for five years and can be renewed for additional five-year terms.
  • You are granted all rights of Montenegro’s citizens except a passport and the right to vote.
  • You have the freedom to leave Montenegro for more than one month in a year.

Citizenship-by-Investment in Construction Projects
Citizenship-by-Investment Overview

The Montenegro Citizenship-by-Investment Program was developed by the Government of Montenegro and was launched in 2019 as part of its ongoing efforts to attract foreign direct investment and increase economic activity in the country. The program requires applicants to make a defined economic contribution to the country.
The Montenegro Citizenship-by-Investment Program requires applicants to make a defined economic contribution to Montenegrin society through an investment in an approved development project, and a capital contribution to a fund designated by the government for the advancement of under-developed areas. In exchange, and subject to a stringent vetting and due diligence process, including thorough background checks, applicants and their families are granted citizenship.


Minimum financial requirement of €550,000 (real estate investment of €450,000 and a donation of €100,000 to the country)

Processing time

Approximately six months from submission of the application to approval

Key benefit

The right of free movement to Montenegro, the countries in Europe’s Schengen Area, Russia, and Turkey, among others.

Benefits of the Montenegro Citizenship-by-Investment Program

  • Visa-free or visa-on-arrival access to 124 destinations including Europe’s Schengen Area, Russia, and Turkey
  • Citizenship in a country that is an official EU candidate country.
  • Citizenship in a multinational and multilingual European community that enjoys a mild Mediterranean climate, beautiful scenery, and a low cost of living.
  • Citizenship in a member state of the European Monetary Union, the NATO Alliance, OSCE, and the WTO
  • Full citizenship granted to the applicant and included family members.
  • Political and economic stability, underpinned by a business-oriented government.

Requirements of Montenegrin citizenship-by-investment:

To qualify for the Montenegro Citizenship-by-Investment Program, the main applicant must be over 18 years of age, meet the application requirements, and make the qualifying contributions to the Government of Montenegro. There are two ways to choose from to qualify for the program:

  • An investment of €450,000 to real estate projects in the capital of Podgorica or in the coastal regions
  • An investment of €250,000 to real estate projects in northern or central Montenegro, excluding Podgorica.
  • In addition, there are government fees of €100,000 per application. This contribution will be directed to a special fund for the advancement of underdeveloped areas.

Procedures and time frame of the Montenegro Citizenship-by-Investment Program

All applications are submitted through intermediary agents such as Henley & Partners, which have been officially accredited to the Government of Montenegro for this purpose. Once received by the relevant government department, applications are processed within three months.

Dual citizenship

Successful applicants to the Montenegro Citizenship-by-Investment Program are exempt from the country’s restrictions on dual citizenship stipulated in Article 8 of the law on Montenegrin citizenship. Article 12 of the law states that citizenship may be exceptionally granted to individuals on the basis of special contributions (such as economic interest) to the country, which applies to successful program applicants.

Economic Citizenship
Citizenship-by-Investment in Economy Construction Projects

Montenegro launched a development program that provides the possibility for persons to acquire Montenegrin citizenship based on investments for a maximum of 2,000 applications.
The program, which aims to further accelerate economic development of Montenegro by creating new tourist, agricultural and processing capacities and opening new jobs, has been launched on the basis of the Decision on criteria, method and procedure for selection of persons who may acquire Montenegrin citizenship by admission for the purpose of implementation of special investment program of particular importance for the business and economic interest of Montenegro, adopted by the Government at its 99th session held on November 22, 2018.


The model of the special program is GRANT+INVESTMENT.

A grant shall refer to the amount intended for development of under-developed local self-government units. The amount of the grant shall be €100,000 per application of an applicant, which is a total of €200 million for 2,000 applications, that being an amount that will be intended for development of under-developed local self-government units.
On the other hand, the investment shall refer to the amount intended for investment in one of the development projects from the Development Projects List that shall be defined by the Government at the proposal of the line ministries, while the amount that a legal entity shall be obliged to pay is as follows: