Can a foreign citizen establish a company in Montenegro?
Yes, and the procedure is quite fast and simple.
Can a foreign citizen purchase a real estate in Montenegro?
Yes, and with no problem whatsoever.
How can I regulate my residence status in Montenegro?
There are several possibilities for regulating the residence status of foreign citizens in Montenegro. Most often, foreign citizens decide to buy real estate, to incorporate a company or to establish employment.
Do I have to personally apply for a residence permit?
Yes, you must be present in person when applying for a residence permit.
Can owning a property in Montenegro help me regulate my residence status?
Yes.
Can my family members regulate their residence status in Montenegro?
In the event that you have regulated your residence status in Montenegro, your family can join you, and they can regulate their residence status in Montenegro on the grounds of your residence permit.
Can spouses of the LGBTQ population apply for residence status?
Yes.
Banking system in Montenegro?
The banking system in Montenegro is quite developed and at a fairly satisfactory level in terms of security. The State Deposit Protection Fund provides guarantee for your money in the bank.
Can I have a driver's license in Montenegro?
Yes, you can take the driving test in Montenegro and get a driver’s license, or you can exchange your foreign license for a Montenegrin one.
Can a foreign citizen buy a car and register it in Montenegro?
Yes.
Do I have the right to health care in Montenegro?
Yes. By regulating your residence status, you also gain the right to health care.
How long can I stay in Montenegro?
It depends on the passport you have, but most often up to 90 days.
Do I need a visa to enter Montenegro?
It depends on the passport you have. In most cases, European residents do not need a visa to enter Montenegro.
Do I need to rent an office space in order to register a company in Montenegro?
You do not need to rent an office space to register your company in Montenegro.
Is it possible to change the name of the company in Montenegro?
Yes, and the procedure is simple.
What is the minimum wage in Montenegro?
The minimum wage for full working hours in Montenegro is €450.00.
Is it possible for a foreign national to work in several companies at the same time in Montenegro?
Yes.
Can two foreign citizens get married on the territory of Montenegro?
Yes.
Giving birth in Montenegro?
A foreign female can legally give birth in Montenegro without any problems.
Is Montenegro considered a safe destination?
Most certainly. Montenegro is considered a very safe destination for foreigners.
Does Montenegro have special laws for import and export of goods?
No, the import and export of goods to and from Montenegro is quite easy and without major issues.
- What is the minimum initial capital required to establish a company in Montenegro?
The minimum initial capital is €1.00.
