What are the pros of living in Montenegro and whether you should buy property there

The Balkan border between sea and mountains has long ceased to be just a dot on the map. The southern European country has become a strategically advantageous bridge between the EU and the rest of the world. Obtaining a passport allows you to cross borders, open a business and build a future with minimal barriers. What gives Montenegro citizenship is not a rhetorical question, but economically and legally supported. Let’s consider it in detail.

Advantages of citizenship

What gives the civil status – freedom of movement and legal status comparable to citizens of a number of EU countries. The passport holder has access to more than 120 countries of the world without visa formalities. These include the Schengen zone, Turkey, the United Arab Emirates, Hong Kong, Singapore and South American countries.

Visa-free countries for citizens of Montenegro

The passport provides free entry to 124 countries. Although the state is not yet a member of the European Union, agreements with the EU and active European integration open up possibilities for travelling without visa difficulties. It is planned to expand the list of destinations after the official accession to the union, which will further increase the value of the document.

Second passport of Montenegro

A second foreign document complements the personal and business arsenal of an investor or professional. Relevant for citizens of countries where visa freedom is limited or political risks are observed. Citizenship does not require cancellation of the first passport. This is especially important for entrepreneurs operating in multiple markets.

What gives Montenegro citizenship

Civil status gives access to a stable, moderately expensive and safe life. The crime rate is one of the lowest in the Balkans. The national currency is the euro, inflation is controlled and the climate makes living comfortable all year round.

Safety and social performance

Montenegro consistently ranks among the top 5 safest countries in the region. Emergency services operate according to European standards. Medical facilities are being modernised through investments in infrastructure. Education and health care are developing towards harmonisation with the EU, which is confirmed by the Twinning and TAIEX programmes.

Business opportunities: low tax, maximum flexibility

Montenegrin citizenship for investment allows you to launch a business with minimal administrative barriers. Registration of companies takes from 3 to 5 days. The favourable tax regime (corporate tax is 9%) makes the jurisdiction attractive to international investors.

Tax advantages of Montenegro

Taxes are among the lowest in Europe. The VAT rate is 21% and income tax starts at 9%. No government levy on dividends and no tax treaties with more than 40 countries. This creates a unique platform for efficient tax planning.

Business: from registration to international transactions

Firms with foreign citizens receive the same rights as local ones. The legislation allows for settlement in euros, electronic document management and remote management of operations. Citizenship facilitates access to licences, tenders and SME development programmes.

How the investment programme works

Obtaining Montenegrin citizenship was made possible through an official investment programme launched in 2019. Participation requires investment of 200,000 euros or more in state-approved projects, including tourism, agriculture and industry.

Requirements

The applicant makes a non-refundable contribution of 100,000 euros to the state development fund. In addition, the applicant invests in the approved project (from EUR 200,000 in the northern regions and from EUR 450,000 in the coastal regions). In addition, a criminal record certificate, proof of source of funds and a biometric check are required.

Real estate as an investment instrument

Montenegrin citizenship is often obtained through the purchase of property. It is allowed to invest in hotels, apartments, resort complexes and infrastructure projects. The average cost of a property is 2500-4000 euros per m² on the coast. In the northern regions, the price tag starts at €1,500, making entry into the programme affordable for the average capital.

How the benefits of citizenship manifest themselves

Transfer of rights, expansion of freedoms, protection of capital – all these become available after obtaining a Montenegrin passport. Below are the key areas in which the benefits of Montenegrin citizenship are particularly tangible:

1. Mobility – access to over 120 countries around the world without visa requirements, including the Schengen area.
2. Business – company registration, participation in tenders, real estate transactions and tax optimisation.
3. Taxes – 9% income rate, no dividend tax and flexible tax residency.
4. Travelling – the ability to plan trips without visa hassles and time constraints.
5. Real estate – acquisition of objects without restrictions, participation in investment projects with high profitability.
6. Security – stable legal system, low crime rate, international standards of medical care.
7. Quality of life – clean environment, affordable housing, moderate prices and favourable climate.
8. Development – state investment support programmes, digitalisation of services and European integration.

Each of the directions forms a complete answer to the question of what gives Montenegrin citizenship, while turning it not into a formality, but into a tool for managing the future.

How to obtain Montenegrin citizenship

Obtaining civil status is not only possible through an investment programme. The law allows naturalisation based on long-term residence. Also obtaining on the basis of marriage, descent or special merits before the state.

Alternative ways

Naturalisation requires at least 10 years of legal residence. It also requires proof of income, language skills and basic understanding of the national legislation. For spouses of Montenegrin citizens, the period is reduced to 3 years. Another way is the recognition of merit in the field of science, culture, sport or economy. Such cases are considered individually and require support from state authorities.

Processing timeframe

The average time to obtain citizenship is 6-8 months. In case of naturalisation – from 12 to 24 months, depending on the completeness and correctness of the submitted documents.

What gives Montenegro citizenship: conclusions

The state demonstrates political stability, neutrality and orientation towards European integration. The country participates in a number of international agreements and is also negotiating accession to the EU – the process is expected to be finalised in the coming years.

Unlike traditional migration destinations (Cyprus and Malta), Montenegro offers affordable entry and short processing times. This makes the programme particularly in demand among entrepreneurs from CIS countries, the Middle East and Asia. The issues of security, mobility and stability remain relevant.

What does Montenegrin citizenship give you? Not just a passport, but an instrument of strategic advantage. A country with a European vector of development offers attractive conditions:

• a loyal tax system;
• access to visa-free destinations;
• legal stability;
• a comfortable business environment.

Citizenship becomes an asset that opens up new horizons without visas, restrictions and bureaucracy.

Buying property abroad is an important decision that requires care and knowledge. Many people want to buy a flat in Montenegro, and no wonder: beautiful beaches, a stable economy and a European standard of living. Learn the key points to avoid mistakes and make the right choice.

Why Montenegro is the ideal place to buy a flat

Montenegro in recent years is rapidly becoming one of the most popular countries for buying property among foreign investors and residents of CIS countries. Why exactly is it? First of all, it is a stable economy and tax system, which provides favourable conditions for property owners. The state actively supports investments and offers preferential programmes, such as the “Golden Visa”, which allows you to obtain citizenship through the purchase of square metres.

Features of the local market also make it attractive for those looking for property in Montenegro. House prices here remain at a relatively low level when compared to more developed countries in Europe. In terms of financial attractiveness, Montenegro stands out favourably due to low taxes and the possibility of receiving a steady rental income. The country’s foreign policy, its calm social environment and excellent climate are additional factors that attract investors.

How to choose a location for a flat in Montenegro

Buying a flat in Montenegro means not just buying a property, but choosing a region that suits your lifestyle. The tranquillity of the mountains or the buzz of a resort town overlooking the sea?

1. Budva is the centre of Montenegrin tourism. If developed infrastructure, variety of entertainment and proximity to the beach are important, a flat in Budva will be an excellent option. Prices here can vary from 1500 to 3000 euros per square metre in a new building.
2. Tivat is a dynamic city with a luxurious marina that attracts those looking for a quiet life in close proximity to the sea. Living space with a sea view in Tivat can cost from 2500 euros per square metre.
3. Kotor is an ancient town with a unique atmosphere. If you are looking for accommodation in Montenegro with historical value and unique atmosphere, this place is ideal. Here you can find both old houses and modern complexes.

Each location has its own unique atmosphere, but in any case, buying a flat in Montenegro with a sea view is not only a luxury but also a great investment.

How to buy a flat in Montenegro: step by step

Let’s take a step-by-step look at what you need to do:

1. Choose a property. First of all, you need to decide on the location and type of property. Ask yourself questions: do you want to live in the historical centre or do you prefer more modern accommodation with sea views? It is important to consider the infrastructure, transport accessibility and potential profitability if you plan to rent out the property.
2. Draw up a contract. In order to buy a flat in Montenegro, a foreigner will need to sign a preliminary agreement. This is an important step, in which all the terms of the transaction must be spelt out, including the price, terms of transfer of property and additional costs. Don’t forget to check that all necessary permits for the sale are in place.
3. Open a bank account. In order to make the payment, it is necessary to open a bank account in Montenegro, to which the transaction amount will be transferred. This is a standard practice that will ensure transparency of financial transactions.
4. To formalise the property. At the last stage, the main contract of sale is concluded and the property is officially transferred to the ownership of the buyer. The formalisation process can take from a few weeks to a month.

Documents needed to buy a property in Montenegro

For foreign nationals, the process of buying property in Montenegro is governed by special rules that will require compliance:

1. A passport is the main identity document.
2. Purchase permit – foreigners must obtain a permit to purchase property in Montenegro, especially when it comes to plots of land.
3. A tax return is proof of your financial solvency.
4. Income certificate – to verify your ability to pay.

What taxes and fees are waiting for you when buying a flat in Montenegro?

Taxes for foreign citizens here are quite transparent, but it is still important to be prepared for some expenses:

1. Property Acquisition Tax. It is 3% of the value of the property, which is a fixed tax for all buyers.
2. Annual property tax. Depending on the type and area of housing, the amount varies from 0.25% to 1% of the market value of the property.
3. VAT. A VAT rate of 21 per cent is possible on new-build properties, but no VAT is charged on secondary housing.

It is also worth considering that the buyer is obliged to pay for the services of a notary and a lawyer, if he decides to use their services to formalise the transaction.

Property price in Montenegro: what to expect?

Property prices in Montenegro vary depending on the region, type of housing and proximity to the sea. For example, in Budva and Tivat prices for new flats within 50-70 sq.m. start from 1500 euros per square metre. More affordable options can be found in older buildings.

New flats in popular resort areas can cost twice as much as similar older buildings. At the same time, properties with sea views will always cost more – sometimes 30 per cent more than ordinary properties.

Conclusion

Don’t forget that buying a flat in Montenegro is not only a decision to buy a home, but also a long-term investment. To make it successful, follow these simple recommendations:

1. Always check the paperwork and history of the property.
2. Seek help from local experts.
3. Calculate all possible costs, including taxes and legal fees.

Take the first step towards your dream of living by the sea and let Montenegro be your new home!