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. It is allowed to form a company with yourself as the only employee. Once you have the title to a property in Montenegro, you can go through the procedures to obtain a one-year temporary residence permit. How To Get Residence Permit in Montenegro? The procedure takes a while as it requires some paperwork and going through bureaucracy in various government offices. Tax residence Conditions for tax residence: • Temporary residence permit – minimum 183 days to be spent in Montenegro; or • Permanent residency and “center of vital interests”. While the first condition is mandatory, at least one of the second conditions must be fulfilled. All other documents like medical insurance, company documents, etc. Alternatively you can incorporate your company without traveling to Montenegro. Montenegro offers a low income tax rate (9%), which makes the country very attractive especially for the investors doing international trade. Work permit is issued by the Employment Bureau of Montenegro. Seasonal employment, such as in hospitality and tourism, is one method of acquiring a Montenegrin temporary residence permit. We will be pleased to assist you with obtaining permanent residence in Montenegro. However, if you receive a TRP in connection with the marriage, then the procedure might take up to 30 days. This way, the residence permit holder will obtain benefits similar to those of Montenegro citizens. The first temporary residence permit for a third country national is typically issued with a validity of up to one year, this isn't always the case and in some situations it can be for longer, but usually it is one year and you should therefore expect it to be. A critical thing to be mentioned here: a foreigner who founded a company in Montenegro CANNOT obtain a temporary residence permit just because he is the founder of a company. - work visas which require employment contracts that come with residence permits. By obtaining a temporary residence permit, you can apply for visas for other countries at the Consulate offices in MNE. The work permit is a required document, according to which foreigner may obtain a temporary residence permit for the purpose of employment or work. Kotorska Pašta: Famous Kotor Sweet with Mediterranean Origins, June 3, 2020 - Kotorska Krempita or Kotorska Pašta, as this dish is called among Bokelians, is a sweet pie,…, Ranka Vukasovic Botica on Montenegro as a Maritime Country, Meljine: House with View and Beach in Front, Luxury 3-Bedroom Condo with Sea View in Budva, Consultations with your immigration adviser and collecting all the documents, Applying for the temporary residence permit at the police station and getting your, Finalizing all procedures regarding employment, registration in tax authorities and state medical insurance (except the. 82/08).prescribes the following types of visas: First step is getting a Temporary Residence Permit that can easily be renewed every year and after 5 years then you could get a Permanent Residence (stalni boravak) and if you have a property then consider yourself living here permanently. After that, you may renew the permit or apply for permanent residency, provided that your place of residence has been entered in the Estonian population registry, you have health insurance, permanent legal income (€ 260 / … Starting from November 3, 2015 now all foreign owners of property in Montenegro could apply for temporary residence in Montenegro. Property possession certificate (in the local language called List nepokretnosti) - for owning or renting property in Montenegro. To get a residence permit you first need to fil an application for temporary residence premit. How to getting a residence permit in Montenegro - Types of residence permits in Montenegro: Getting a residence permit by buying a home Montenegro offers a low income tax rate (9%), which makes the country very attractive especially for the investors doing … For more information and for all your immigration, business and investment needs, you can contact Julie at This email address is being protected from spambots. (Art. Shelf Company in Montenegro, Set Up a Consulting Company in Montenegro, Taxation of Sole Proprietorships in Montenegro, How to Make Changes to Your Company in Montenegro, Change the Registered Office of Your Company in Montenegro. living in Montenegro, residency. Buying a house in Montenegro Permanent Residence permit– for the holders of a temporary residence for 5 years, this can last for five years and grants the holder privileges in the country like the citizens except for voting and travel exemptions; Citizenship – after living for 10 years in Montenegro, you can apply for a citizenship 3. advanced training, professional education or industrial placement 4. scientifi… Minimum Investment: $70,000* Malaysia is one of my favorite countries in Asia, and while the property market is rather… Temporary residence permit based on employment shall be issued for a period of 1 year and it can be extended up to 3 years. The documents you need to bring with you to apply for the temporary residence permit are: 1. There are no limitations in relation to the value or size of the property. However, Montenegro is currently under the process of becoming an EU country. A temporary residence permit is issued for a period of 12 months, and can be renewed each year. Residence permits in Montenegro can be temporary (Boravak) and permanent. After you incorporate your business with us, you fulfill the country’s requirements for obtaining a temporary residence permit. 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). There are other ways such as studying in Montenegro but the above two are the most common. After a decade (10 years) living in Montenegro, you can apply for Montenegrin citizenship (drzavljanstvo). All legal fees and state dues are included also. Also, the, The StartUp Visa scheme is one of the most successful programs launched by many European countries which is also available in Montenegro for some time now. 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. From residence permit to citizenship. Together we will be able to offer you the specialized help you require for your business start-up in Montenegro. 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. Temporary residence permit for property owners Starting from November 3, 2015 Montenegro has officially implied so-called "golden visa" program for non-residents. Study – If you are studying in Montenegro, you will be able to get a student residential permit to live in the country. 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. Copyright © 2011 - 2021 Company Formation Montenegro. The recommended for of Company in Montenegro for foreign investors is “Limited Liability Company (LLC)”. A foreign citizen can obtain a residency permit in Montenegro based on a property purchase or work permit. That said, the recent move to allow property buyers to receive a temporary (but renewable) residence permit means that new builds tend to be geared to buyers rather than renters. This type of residence permit does not give a foreigner the right to work in Montenegro. Study – If you are studying in Montenegro, you will be able to get a student residential permit to live in the country. The recommended for of Company in Montenegro for foreign investors is “Limited Liability Company (LLC)”. 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 … Residence Permit in Ukraine is the document that proves the identity of a foreigner or a stateless person and certifies that its holder has legal grounds to reside temporarily in the territory of Ukraine.This document usually remains valid during one year from the date of issue. 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