Services
Residence permit in Montenegro through property purchase
Buying property in Montenegro can be grounds for a temporary residence permit. FinessKA Real Estate will help you understand the legal requirements, check whether the chosen property is suitable for a residence permit and arrange the preparation of the necessary documents.
We support clients at the main stages of the process: from an initial assessment of the situation and checking the property documents to preparing the application and advising on renewal of the permit. We take your individual circumstances into account and help you understand the requirements, deadlines and procedures in advance.
Before buying, it is important to make sure that the property meets the current requirements for a residence permit. This lets you decide on the purchase based not only on the features of the property, but also on your plans to live in Montenegro.
How we work
- 01
Consultation
We get to know your situation and clarify your citizenship, your plans for living in the country and the circumstances of the purchase. We explain the main requirements and agree on the next steps.
- 02
Document check
We check the property documents and make a preliminary assessment of whether the property can serve as grounds for a residence permit. We draw up a list of the documents you need for your situation.
- 03
Preparing documents and applying
We help prepare the application, arrange translations and certification of documents where needed, and explain how to apply to the competent authorities. Support during submission is provided to the extent agreed.
- 04
Support and renewal
We help you keep track of processing times, remind you to prepare for renewal in good time and check the current document requirements.
What's included
- Advice on a residence permit based on property ownership.
- Preliminary check that the property meets the requirements.
- Review of the property documents.
- Individual list of documents for the applicant.
- Help with the application, translations and certification of documents.
- Information on how to apply, the procedures involved and mandatory fees.
- Support at the agreed stages of the process.
- Advice on the validity period and renewal of the residence permit.
The scope of the service is set individually. The level of support depends on your situation, the features of the property and the procedures required.
Frequently asked questions
Can I get a residence permit in Montenegro by buying property?
Yes, owning property can be grounds for a temporary residence permit if the conditions set by law are met. For the relevant applicants, the law sets requirements for the type of property, the ownership share and the confirmed value of the property. We recommend checking the documents and current conditions before buying.
What property value is required for a residence permit?
Under the current rules, the relevant applicants must confirm a property value with a tax base of at least €150,000. There are exceptions for certain categories, including citizens of EU countries, Iceland, Liechtenstein, Norway and Switzerland, as well as their eligible family members. It is important to check how these requirements apply to your situation before the deal.
Can I get a residence permit if the property is in shared ownership?
Yes, the law provides for this if the established conditions are met. In particular, to apply on this basis the applicant must own at least half of the property. Whether this is possible in a specific case must be confirmed from the property documents.
Can family members get a residence permit?
Whether family members can get a residence permit depends on their status, family ties and the applicable grounds for residence. The conditions for each family member are considered separately. We will help determine which documents and procedures may be needed.
How long is the residence permit issued for and can it be renewed?
A residence permit based on property ownership is issued for up to one year. If the conditions set by law are still met, you can apply for renewal. It is important to start preparing the documents early, given the set deadlines for applying.
Do I have to live in Montenegro permanently after getting a residence permit?
The rules on staying in the country and permitted absence depend on the grounds on which the permit was issued and the current regulations. It is important to clarify these requirements before applying, especially if you plan to leave Montenegro regularly.
We'll help you with your residence permit
Are you planning to buy property or do you already own property in Montenegro? Tell us about your situation and we will help you understand the requirements and suggest a suitable form of support.