The first involves buying a real estate. If you want to get an easy second residency in Europe through a cheap real estate investment, head to Montenegro. A person’s liability to Montenegrin tax is generally determined by residence status or source of income. Residents are subject to tax on their worldwide income from any source. Our fees are 890 EUR. Permanent residence in its turn, subject to certain conditions, can entitle foreign citizens to citizenship by naturalisation in the country that offers residence by investment. Getting your Montenegro residence permit. We would like to remind our readers that normally (without investment) foreigner must first obtain temporary residence permit in Bulgaria, then renew it annually, and only after 5 years or residence is entitled to apply for permanent … As a current resident of Montenegro, I can confirm that the process of getting a residence permit is fairly straightforward. The program requires applicants to make a defined economic contribution to the country. You can apply for reception of citizenship, having lived in Montenegro for five years in the status of permanent residence. Visitors to Montenegro must obtain a visa from one of the Montenegrin diplomatic missions unless they come from one of the visa exempt countries. Discus Holdings is a team of professionals with more than 20 years of experience providing services in the area of residence and a second citizenship planning, financial planning and tax consulting. MONTENEGRO. Montenegro, which will soon become a member of the EU, offers very loyal conditions to the foreigners for obtaining residence permits and registration of permanent residence in this country is possible after five years of permanent residence. Applicants can apply by investing in one of several government approved real estate development projects. Montenegro recognises dual nationalities and does not require to renounce the current citizenship. A Montenegrin tax resident is an individual who spends more than 183 days in a calendar year in Montenegro, if he/she has a residence in Montenegro, or if his/her center of business and vital interest is on the territory of Montenegro. Temporary residence permit allows remaining in the country for up to one year, and its holder cannot leave the country for more than one month in aggregate. New status opened new frontiers for Sadat, including the opportunity to access social and health care as well as labour market. As you see, we are here to provide the following business services in Montenegro: corporate services, starting a business, incorporating a business with full legal and professional support, obtaining a temporary or permanent residence, getting a work permit, … Residence permits in Montenegro can be temporary (Boravak) and permanent. The Montenegro citizenship by investment programme was launched in 2019. ... (2013), Malta residence by investment program (2014) and Montenegro residence by investment program (2018). Permanent residence gives the same rights as BG citizens, except voting. With the info I have: Permanent residents of Italy, coming from Italy or Croatia, that have been in those 2 countries for the last 14 days, should be able to enter Montenegro … ... Real estate priced below €500,000 must remain as a permanent residence. There are many EU banks operating in Montenegro, such as Hypo Alpe Adria Bank from Slovenia and Erste bank from Austria. 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. Temporary residence permit for medical treatment in Montenegro can be granted to a foreigner who meets the requirements of the law, and who submits a certificate issued by the health institution where he/she will be treated, including the time required for the treatment, proving the legitimacy of the application for temporary residence. Montenegro (/ ˌ m ɒ n t ɪ ˈ n eɪ ɡ r oʊ,-ˈ n iː ɡ r oʊ,-ˈ n ɛ ɡ r oʊ / (); Montenegrin: Crna Gora / Црна Гора, lit. There is a firm realization in Montenegro that further economic success will be fueled by immigration, so gaining residence is definitely achievable. Answered: We will be pleased to assist you with obtaining permanent residence in Montenegro. Citizenship-by-investment programmes of other countries: Citizenship of Cyprus; There are 2 ways which I consider reasonable to get your papers in order in Montenegro. 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