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gets a residence permit, as well as members of his family, including minor children. Why am I saying this because it’s all unacceptable for Belarus. }); Buying a habitable property entitles you to a temporary residence permit. forms : { — Who can apply for a residence permit in Montenegro? Citizenship by Investment Program, Montenegro Blog, Market Trends - 25/09/2020. There are no electronic queues, one can come at any working time, choose a counter — your documents are checked there. It is impossible, being in the center of Europe, not to «shoot» at one moment. Right off the bat, by investing in property through a locally established entity in Montenegro, a foreigner can be granted temporary residence for a renewable period of one year. How to get a Montenegrin residence permit, what advantages the status gives, what is the procedure of obtaining a residence permit — more about all this in our article. By the way, there are a lot of private kindergartens here, they are good and not very expensive, even by local standards. — What is the procedure for obtaining a residence permit, how does this all happen in general terms? We will register a firm in Montenegro in your name, get a work permit and prepare the documents to apply for a temporary residence. Apart from this you need photocopies of passports, birth certificates, a criminal record from the country of which you are a citizen, medical insurance. Getting your Montenegro residence permit. Also, an extract from the bank and a criminal record will be required again. However, it has been a period when foreign citizens massively went to Montenegro. Property investment citizenship and residency programs in 28 countries. window.mc4wp.listeners.push({ We will help you find and buy real estate. To get a Thai residence permit, you simply need to invest 10 million Thai baht – roughly equivalent to $300,000 – in real estate. The owner of the property (without age restrictions, etc.) } This contribution will be directed to a special fund for the advancement of underdeveloped areas. The basis must be business registration. The economic activity has been growing strongly with the tourism industry as the major vehicle, attracting foreign investments in other… The one-time tax on the purchase of secondary real estate in Greece is 3.09%; The tax on the purchase of primary real estate with a permission to build is 24% since 31.12.2005; Capital gains tax on the sale of real estate is 15% of the profit. Another important advantage of obtaining a residence permit by registration of a legal entity is free medical care in polyclinics and hospitals. According to the new law, a residence permit will be made in form of personal identification card with biometric data. Both ways will create grounds for you to apply for a residence permit in the country. — The most common way to obtain a Montenegrin residence permit is real estate acquisition. A temporary residence permit is issued for a period of 12 months, and can be renewed each year. The country, moreover, has among the lowest corporate and capital gains tax regimes in Europe at 9%, and has a double taxation treaty signed with 41 countries including the UAE and Kuwait. There is no minimum investment threshold for a residence permit. EUR 400,000 in Andorra real estate (property investment in buying a home). This time REALTING talked to Svetlana Barina, Sales and Marketing Director of Montbel Montenegrin Real Estate Agency. An application for a residence permit in Montenegro you can apply the following authorities:-Ministry of Foreign Affairs-Overseas at the Montenegrin Embassy or the Consulate. There were no such restrictions before. It’s easier to build a business here yourself, that is, coming with your own business and develop it. Temporary residence permit for property owners. Parents of the property owner and children over 18 can no longer obtain a residence permit. — Can a foreigner with a residence permit apply for permanent residence? After you've lived in Montenegro for ten years, the foreigner can apply for Montenegrin citizenship (called državljanstvo). By the way, an interesting fact! (Details of our service are in the bottom of this page) A foreign citizen can obtain a residency permit in Montenegro based on a property purchase or work permit. Montenegro has become a member of NATO, here roads are actively repaired, infrastructure is developed, the legislation is «being pulled» under European standards, even in the most seemingly small things. Scroll down to find out more. The one-time tax on the purchase of secondary real estate in Greece is 3.09%; The tax on the purchase of primary real estate with a permission to build is 24% since 31.12.2005; Capital gains tax on the sale of real estate is 15% of the profit. — Earlier, it was possible to obtain Montenegrin permanent residence only if one owned a company or was employed in the country. The following is a list of vacancies, salaries, requirements, where one of the points is the citizenship of Belarus. Once your residence permit based on your real estate investment is granted, your closest family members including your spouse and dependent children can get their permits on the grounds of family unification. Starting from November 3, 2015 Montenegro has officially implied so-called "golden visa" program for non-residents. Please fill out the form below and we will be in touch shortly. Today one can get a permanent residence on the basis of real estate ownership. Comparison of Two Options for Obtaining Residence Permit in Greece — What other methods of obtaining a residence permit exist? } The attractiveness of Montenegro is in its mild Mediterranean climate, beautiful and always clean Adriatic Sea, the presence of many natural and historical attractions, a well-developed tourist infrastructure and the absence of visas for most countries. — The most common way to obtain a Montenegrin residence permit is real estate acquisition. All you need to do is buy just about any habitable property and apply for a one-year residency. There are other ways such as studying in Montenegro but the above two are the most common. The purchased property should be free and clear of any encumbrances. «It all depends on what your foundation is. Apartments in DELMAR RESIDENCE are perfectly designed for it, and our company would be happy to help you with the management issues as well. Buying a property in Montenegro Visitors always remain «dark horses.» Although, in fact, this is usual everywhere. Ivan Petrovic T. +382.20.228.490E. The opening of the enterprise is carried out in Montenegro … — Actually, you can find work, but it is worth considering that wages in the country are low. Temporary residence permit for property owners. The investment element ranges from €250,000 in the northern and central region to €450,000 in the coastal region. Compare the TOP 10 most popular countries for passport programs: Spain, Greece, Bulgaria, Montenegro, Thailand, Israel, Cyprus, Portugal, Turkey, Georgia } } Right off the bat, by investing in property through a locally established entity in Montenegro, a foreigner can be granted temporary residence for a renewable period of one year. The residence permit program for the purchase of real estate is designed for 2 years. — What documents are required to obtain a residence permit? The residence permit program for the purchase of real estate is designed for 2 years. This type of residence permit does not give a foreigner the right to work in Montenegro. Real estate owner residence permit. Obtain Montenegro residency permit through real estate investments! The buying prices of Montenegro real estate here start from €5,000 per square metre. })(); Posted by Ivan Cakarevic on October 13, 2017, a foreigner can be granted temporary residence for a renewable period of one year, there is a direct flight from Dubai to Montenegro’s, register your interest with Rooftop Capital, Unique Panoramic View Penthouse Duplex l Belgrade Waterfront, The Residences at The St. Regis in Belgrade, Why Montenegro Is the Best Undiscovered Investment Opportunity. Applicants can apply by investing in one of several government approved real estate development projects. The second is opening company in Montenegro. Once you do, you can get a long-term residence card. By clicking on the information about the request, you agree that Realting and real estate professionals may contact you by phone in your request, which may include the use of automated tools. In addition to the annual income, you get liquid real estate in a European country, with a growing real estate market and the right to receive a residence permit in Montenegro. It is easy to get residence and work permit in Montenegro. It is located in Becici, Budva riviera. We will be pleased to assist you with obtaining permanent residence in Montenegro. By closing this message and continuing to use the site you consent to, Real estate purchase and business registration as the main ways to obtain a Montenegro residence permit. gets a residence permit, as well as members of his family, including minor children. OBTAINING A BUILDING PERMIT (planning permission) IN MONTENEGRO Blog - 21/08/2020 Only in this case. Apart from this, you can obtain a residence permit through the family reunification procedure. We assure you that your real estate investment in Europe is safe within Porto Montenegro properties. Now all foreign owners of property in Montenegro could apply for temporary residence in Montenegro. 3. Investments in real estate (buying property) from 250k euro, get residence permit in EU +(371) 2 8664407‬ International luxury real estate Buying real estate can help you to get a residence permit in Slovenia, but only indirectly. Aside from residence, if the property is used for an active business or for rental, a refund of the 19% VAT (Value Added Tax) on the property’s purchase price can be obtained. Getting a second home in Montenegro, the Pearl of the Mediterranean, has never been easier. Real estate in Montenegro is very popular among foreigners, due to the simplicity of the deal, affordable prices, profitable taxation and the possibility of obtaining a residence permit. Without a residence permit, Belarusians are allowed to stay in Montenegro for only 30 days, Russians in the season — 90 days, out of season — also a month, Ukrainians (regardless of season) — three months. You also need a certificate from the bank stating that you have 3650 euros on your account (a certificate costs a couple of euros). The most popular are given for work (owning a business or employment), family members, if you are a student, if you are a … With two international airports, in Tivat and Podgorica, Montenegro is easily accessed from major European capitals and beyond and is an easy stepping-stone to Western Europe. The basis must be business registration. That is, immediate relatives: spouse and children under 18. Delmar Residence, Becici DELMAR RESIDENCE is unique in its structure and has its own concept. Suppose you want your elderly parents to receive a residence permit on the basis of the acquired property as well. The owner of the property (without age restrictions, etc.) If you wish to apply for a residence permit in the Republic of Latvia, you can purchase a piece of functional real estate in Riga or Jurmala, or in Adazi, Babite, Baldone, Carnikava, Garkalne, Ikskile, Kekava, Marupe, Olaine, Ropazi, Salaspils or Stopini municipalities. Real estate acquisition does not provide any benefits while applying for residence permit in Russia as well as when dealing with other issues of migration law. on: function (event, callback) { Montenegro offers citizenship in Europe within 3 months, whereas Portugal, Spain or Greece, they require you to buy a property plus you must also live there for over 5 years, to naturalize for citizenship. Citizens of most European countries (Austria, Belgium, Greece, Denmark, Estonia, Italy, Republic of Ireland, Cyprus , Lithuania, Estonia, Luxem It is only 700 meters away from the center of Budva and a 25 minutes walk to the Old Town. 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. — In my practice, there has never been a case when people bought real estate only in order to obtain a residence permit. These benefits are already attracting real estate investors from around the world. ‼️ Registration of residence permit in Montenegro ‼️ The agency “BB Centar” property provides services to design a residence permit in Montenegro. Additional information about real estate in Montenegro upon request As a current resident of Montenegro, I can confirm that the process of getting a residence permit is fairly straightforward. European But Not EU Member States’ Residency by Investment Programs Somehow I came across a job announcement online: «In Budva, the Old Town, workers are needed at the restaurant...». How to renew it? The country adopted the euro as its official currency back in 2002, eliminating foreign exchange controls and making it easier for investors to avoid currency risk. The lease must be signed by a lawyer. Even to the point that if you don’t have some document, but the operator is in a good mood, he will offer to bring it tomorrow. Flat capital gains tax of 9 % on real estate on the coast range of 8 % - %... New law, a residence permit, how does this all happen in general terms and geared to or! I get a residency permit are also entitled to residency new law, a law has recently been passed stores. 7 kilometres away from the central Veliki Pjesak beach the acquired property as well take quite a of! Including the lawyer 's fee and all related legal fees ), an extract the. Sells for €2,000–2,500 per square metre minimum investment threshold for a period when foreign massively! 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