Once you’re here and entered Montenegro with the correct visa from the Montenegrin Embassy (you can’t get a residence if you entered “visa-free”) and have the complete requirements from your home country then we can arrange and convert your business tourist visa to a Temporary Residence Permit … So those who want to live in the EU in the long term, have recently chosen Montenegro. The Montenegrin Immigration law doesn’t provide such an opportunity. Client signs the working contract with his company, which proves that the … After 5 years of temporary residence, you are able to get permanent residence permit. For instance, you are living with your spouse or partner, or with your parents. - work visas which require employment contracts that come with residence permits. The permit can be renewed annually. Person who intends to work in Montenegro must obtain a temporary residence permit for the purpose of employment or seasonal work, on the grounds of previously issued work permit. After a decade (10 years) living in Montenegro, you can apply for Montenegrin citizenship (drzavljanstvo). This means that you need to have 3650 euro per person in your account placed in a Montenegrin bank. If you plan to be gone for 90 days, it is necessary to inform your immigration inspector. The foreign investment legislation favors overseas entrepreneurs through the citizenship by investment program, but also on the fact that when a businessperson decides to open a company in Montenegro outside this program, he or she will benefit from the same treatment as local ones. Furthermore, most of its national laws, including those related to taxation, have adhered to more EU directives so that once the country is part of the Union, the transition to be easier. When you have been a temporary resident of Montenegro for at least five years, you can now receive a permanent residence permit. No criminal record certificate (proof from your country of origin that you do not have a criminal record) – not older than six months, only for adults 16 years and older, 4. Irish passport card) and stay without a residence permit for 30 days. Usually, there is no problem in getting your temporary residence permit if your documents are prepared correctly. Proof of a 3.650 EUR deposit into a bank in Montenegro 3. When speaking about companies in Montenegro, these benefit from one of the lowest. In 20 days the work-residence permit will be ready and the applicant will have to visit the police again in order to collect the temporary ID card. Very often, foreign founders of Montenegrin companies hire themselves to their own company as an Executive director and obtain the residence permit as an employee. Diploma or another relevant document which proves your education (college, prof.degree, high school)* - for employment, it depends on the municipality in Montenegro where you apply, 3. Beyond allowing non-residents to obtain temporary tax residence on the basis of property ownership, the changes in the legislation are also expected to have a considerable impact on the real estate market in Montenegro. Permanent permission is issued for a five-year period, followed by five more years, etc. Residency permit by company formation By forming a company, you do not need to invest in Serbia in order to get a residence permit. Birth certificate - for children under 18 years old, 6. Temporary residence permit for teaching professions: applicants willing to exercise a teaching profession in an educational or vocational institute or research center can request for a residence permit under Article 90 “following the documents (Checklist). The Registry must keep the following information about the holders of, If you are interested in moving here permanently, you can also access the, Our local agents can also help foreign investors who want to, According to the Montenegrin civil law, the, In 2015, the Montenegrin government decided to. Another important detail is that in every city in Montenegro, local authorities have their additional demands regarding documents required for the residence permit application. In order to apply for temporary residence for 1 year, the property owner should fill in, sign and submit an application for temporary residence permit to … Making a permit takes 15 days. If you do not need a visa to enter Montenegro, you can apply for a temporary residence permit at the local police station. 1. Proof of ownership of the property (List nepokretnosti) that is not older than 6 months 2. We remind foreign citizens that they need to live in Montenegro for 183 days in a calendar year in order to be considered ta residents here. All legal fees and state dues are included also. •    Proof of property ownership (buying/selling contract); •   A bank receipt attesting a bank deposit of 3,650 EUR into a Montenegrin bank – this amount is considered sufficient funds to remain in Montenegro; •    Valid medical insurance covering a 30 days period; •    Copies of each page of your passport; •    Certificate of no criminal record in your country of origin; •   Proof of registration with the local police in Montenegro – this is compulsory within the first 24 hours after your arrival in Montenegro; •    Education (university, vocational, student exchange); •    Any other grounds stipulated by law or international agreements. Alternatively you can incorporate your company without traveling to Montenegro. Copyright © 2011 - 2021 Company Formation Montenegro. The Hungarian residence permit may be issued to non-EEA nationals for the pursuit of gainful activity. Montenegro offers a low income tax rate (9%), which makes the country very attractive especially for the investors doing international trade. However, Montenegro is currently under the process of becoming an EU country. Study – If you are studying in Montenegro, you will be able to get a student residential permit to live in the country. 3. 1) short term visa or no visa (Montenegro has a number of agreements on visa-free regime with some countries) - up to 90 days; 2) a temporary residence permit (the so-called privremeni boravka, or RESIDENCE PERMIT) -valid for 1 year; 3) permanent residence permit (Stalni boravka or PERMANENT RESIDENCE) - valid for 5 years. There are few changes in this part. Alternatively you can incorporate your company without traveling to Montenegro. It is allowed to form a company with yourself as the only employee. Most Embassies accept an application for visas after you've stayed in MNE no less than six months with your boravak. Temporary residence permit in Belarus. The first involves buying a real estate. So If you decide to spend more than 90 days in Montenegro over half a year, you need to apply for boravak. By obtaining a temporary residence permit, you can apply for visas for other countries at the Consulate offices in MNE. Permanent residence in Serbia can be granted to a foreigner by a relevant authority if one of the following conditions are fulfilled: They have stayed continuously in the Republic of Serbia for a period longer than 5 years – up to the date of submitting the request for permanent residence, by having been granted a temporary residence permit in those 5 years (or more). This is the list of documents you need to apply for the residency permit: 1. After a 5 years stay in Montenegro, the temporary residence permit can be exchanged for a permanent one. Also, Montenegro has already adopted euro as an official currency. . Temporary residence permit (in the local language is called privremeni boravak) allows foreigners to stay in Montenegro for one-year maximum. Thanks to the fact that Montenegro uses euro as official currency, has helped it maintain a steady economy which translates into stability for both employees and company owners. If the documents are accepted, you will, most probably, receive in 30 days temporary residence for 12 months. However, if you do need visa to enter Montenegro, you can request a residence permit at the Montenegrin Embassy or Consulate. This amount includes registering a firm in Montenegro on your name, getting the work permit and applying for a temporary residence. Types of Visas Law on Foreigners (“Official Gazette of Montenegro”, No. You may obtain temporary residence permit by buying a property or opening up a business. This amount includes registering a firm in Montenegro on your name, getting the work permit and applying for a temporary residence. Applying for temporary stay. The process of the obtaining the residence permit includes 2 or 3 phases: The term for the consideration of an application depends on the reason: 20 days for a working permit and 40 days for others. IN SERBIA - Work-residence permit procedure in Serbia is similar but easier than in Montenegro, there is no need to bring any certificate from the country of origin. After you've lived in Montenegro for ten years, the foreigner can apply for Montenegrin citizenship (called državljanstvo). However, while business residency can lead to citizenship after ten years, real estate residency never leads to citizenship – don’t … From residence permit to citizenship. 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