Residence permit in Montenegro: changes for today
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Residence permit in Montenegro: changes for today
The so-called golden visa has been operating in Montenegro since the beginning of November. Now any citizen of another state who bought real estate here automatically gets the right to issue a temporary residence permit in Montenegro. Note that the temporary residence permit in Montenegro can in fact be equated to a permanent one, because it is necessary to update this status only once a year, and the procedure is rather formal, taking quite a bit of time.
If we talk about the prerequisites of this measure, then we can regard it as anti-crisis, although it sounds rather rude. The panic in the world housing market began quite a long time ago, and real estate in Montenegro (it is still difficult to say whether this was a rumor or not) fell significantly in price, and still practically ceased to be sold. At the same time, the private sector in Montenegro literally beat all records in 2015 on the influx of tourists - hence, the trends of this business should increase the demand for commercial housing in Montenegro (apartments, villas, apartments).
Anti-crisis, and, what's there to say, an appetizing bill on residence permit authorities announced as early as the beginning of the year, but in the spring (when the approval was planned), nothing happened.
But in November, developers, realtors and buyers, finally, heard the good news that the decision was made.
Documents that are needed to obtain a residence permit in Montenegro:
- A document confirming the ownership of the housing (a copy that will not be needed for more than six months to be transferred to the MUP)
- Confirmation of registration (you must get it within 24 hours upon arrival at an information point or police)
- Medical policy (minimum validity period - 40 days)
- A minimum of 3650 euros in the bank account (at the rate of 10 euros per day for security). If you do not have an account, a deposit issued by your official guarantor is suitable.
- Valid foreign passport (period - not less than one year), copies of all pages
Selling real estate, you lose your residence permit in Montenegro automatically.
What should be done? Collect the package of documents and, together with the application, take it to the local Ministry of Internal Affairs (MUP). Pay a fee of 25 euros for 1 person. Wait at most a month to approve your request.
The owner can form a family after he has obtained a residence permit in Montenegro himself.
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