Located in the west part of the Balkans, Montenegro has already become a second home for thousands of immigrants. In addition to the warm Mediterranean climate, Montenegro is attractive because of the proximity of the mentality and the ease of obtaining a residence permit.
Advantages
Although it is a small country, there are several options for those thinking about moving to Montenegro. It is possible to settle in the capital, Podgorica, in one of the cities of the coast, like Kotor, Bar, Budva, or to choose a small, picturesque resort settlement.
- Other advantages of the country include:
- The policies of the authorities: immigration of wealthy foreigners to Montenegro is encouraged in every possible way.
- The simplicity of social adaptation thanks to a common religion and alphabet, as well as a rather large Russian-speaking diaspora.
- Favourable conditions: in Montenegro, there are low taxes, moderate prices, a high level of security, and developed infrastructure.
A wide selection of real estate in any part of the country, including new buildings from experienced developers, while, as it is not difficult to notice on the realting.com site, the prices for it are lower than in Western European countries.
Moving to Montenegro: main options
If you are not a highly qualified specialist who has received an invitation to work for a Montenegrin company, and you are not married to a Montenegrin citizen, then you have two options to settle in this country: to start a business or to invest in real estate. Ownership of a business requires a certain amount of work, and you will have to prove that you have permanent residence in the country. It is not surprising that many people choose the second way — the acquisition of real estate.
For those who are interested in immigration to Montenegro, REALTING would like to remind you that, in order to get a residence permit in this country, it is enough to buy any real estate for any amount. Recently, prices have been rising, but the real estate market still has enough studios for 30-35 thousand euros in the resort zone and houses in the countryside in the mountains for 20 thousand euros . But if you are planning to receive permanent residence in Montenegro, this is possible only when buying real estate in the north or in the center of the country for the amount of250 thousand euros, or for the amount of 450 thousand in the capital or coastal zone. The citizenship program for real estate investors expires at the end of 2022.
As you can see, it is much easier to settle in Montenegro than in other states. However, this situation will last only until the country joins the EU, that is, until about 2025, so those who would like to move here should hurry.