How to get Residency in Montenegro

[@TheWanderingInvestor]

🇲🇪 Contact Andreas and more details on obtaining residency in Montenegro + prices: thewanderinginvestor.com/services/residencies/how-to-obtain-residency-in-montenegro/ 🇲🇪 My favourite real estate agents in Montenegro: thewanderinginvestor.com/services/international-real-estate-services/my-favourite-real-estate-agents-in-montenegro/ 🇲🇪 Full analysis of the real estate market in Montenegro: thewanderinginvestor.com/international-real-estate/the-real-estate-investment-market-in-montenegro/

[@VERTICALWisdom]

Love Montenegro - "It is not an issue what so ever" until it is not. What is written is not always the rule. It depends on who is in front of you at the government.

[@johanswart8154]

My application was declined(company formation) But they will not give me a reason. They said I can apply again... But how do you apply again if do not know why it was declined in the first app, to fix the problem.

[@bobwa399]

which country are you from?

[@AmericanEmperor]

Honestly, you do not have an appealing look (could be bad genes, but you send sleazy vibes), so i would advise you not repeat-apply; if you do, you are just providing an extra income stream to teh owners of that black mountain.

[@Mialovesphoto]

Thank you! Super clear

[@seandavie3672]

Great video guys. What would be the minimum ongoing costs annually to operate the LLC? Can you obtain residency for a non married partner if the LLC employs them? I'll be there in spring 2025, I can't wait to look at the beautiful country and investigate the real estate situation. As an Australian, Montenegro looks like a very appealing ex-pat destination.

[@TheWanderingInvestor]

Great! Send Andreas a message here and he’ll gladly answer your questions: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-montenegro/ cheers

[@deivybueno9959]

yearly taxes for the company is around 2000eur, and yes, you can hire your partner as worker for your business, but EYE, that will rise your taxes and more paperwork, that yours alone will be a HELL

[@jayc.9475]

I had heard before that residency through home ownership you couldn't be out of the country more than 30 days each year but maybe that was the old rules for temporary residency. So with the new rules if you gain residency through home ownership you can be gone up to 90 days each year is this correct?

[@deivybueno9959]

IT IS an issue to renew the residency, is a hell of paperwork in police and also that small company he is talking about is gonna cost you minimum 2000eur in year taxes. You need also to stay at least 10 months living here permanently and maintain this for 5 years, without skipping 1 day late from the renovation, you lose all the time and have to start again from 0

[@c3vids_shorts]

Nice video, i would love to buy an investment property in Montenegro 🇲🇪

[@SACREDFlRE]

Canada has moved into the apostille convention now

[@prasenjitdey4222]

Sir, Do they reject INDIANS outright since you mentioned South Asia?? Good channel, routes to other countries.

[@TheWanderingInvestor]

@@prasenjitdey4222 in 99% of cases yes

[@RayMelville]

That’s what I heard too. Nearly 100% rejection.

[@Userhtfy3426]

He did not mention you have to live most of the time in the country and need to get permission to leave otherwise you will not get residency permit renewal the following year

[@TheWanderingInvestor]

For the real estate option, much less so for the corporate route.

[@user-vv4yr5xm9u]

​@@TheWanderingInvestorif I purchase real estate. Should I live in Montenegro for 11 months per year.

[@TheWanderingInvestor]

@@user-vv4yr5xm9u 10 months to be able to renew yes. Or else company route.

[@user-vv4yr5xm9u]

@@TheWanderingInvestor if its company route , is there any minimum stay

[@TheWanderingInvestor]

@@user-vv4yr5xm9u Not set in stone, but generally understood to be 6 months

[@jayc.9475]

Should the criminal background check or document be done for the US state that I'm living in or is this document supposed to be an FBI criminal background check? In other words can I just go to my local police and get the criminal background document and then get it apostilled? Or is something federal required.

[@TheWanderingInvestor]

@@jayc.9475 send andreas an email with your questions. His contact info is here: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-montenegro/

[@jerrybruan8595]

A peaceful place to retire

[@ikayn7149]

In this video, I heard that Africans are not considered for residency and also heard that South Africans are among those relocating to montenegro. How does that even work or is it what I'm thinking it is?

[@TheWanderingInvestor]

South Africans: yes Other Africans: no

[@anthonygiwa5569]

Just say black Africans aren't welcome.

[@AmericanEmperor]

I think they are mostly concerned with a desire to build a society that is pleasant to live in; with South Asians essentially driven-by slave mind and parasitic existence, while Afros too distant from humanity, it is no wonder those Black Mountaineers want to keep life simple, and enjoyable by uninviting the leeches into their midst.

[@Edward-rg8mh]

Sounds like a zero black person policy

[@Francois-MaximeFoatelli]

Many thanks to Ladislas for his kindess ! I would recommend him, without any hesitation !

[@TheWanderingInvestor]

Merci Francois-Maxime 🙏

[@billhennessey6374]

For the boat/yacht option, I suspect it must be a boat where you can live aboard. Could uou specify the requirements? Thanks.

[@TheWanderingInvestor]

@@billhennessey6374 Good question. Ask Andreas: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-montenegro/

[@jayc.9475]

For residency application along with the criminal check do I need to bring one or two passport sized photos?

[@thirupathigattu502]

Hello sir. How much the d visa total documents service?

[@charlesmassaquoi6717]

How to retire in Montenegro ?

[@TheWanderingInvestor]

@@charlesmassaquoi6717 by getting residency like everyone else. There isn’t a special visa for pensioners.

[@limoreperetzwoloshin8860]

What is the tax on corporations or income tax

[@TheWanderingInvestor]

@@limoreperetzwoloshin8860 Corporate and Personal income taxes in Montenegro kzbin.info/www/bejne/eZTCnquJoZxneZI

[@dovygoodguy1296]

Ladislas, what's the story with the electricity blackouts in Montenegro?? Is it like what's going on in Ecuador?

[@TheWanderingInvestor]

Must be climate change 😅

[@dovygoodguy1296]

@@TheWanderingInvestor Even my headache is surely an issue of climate change. But who'd retire to a location anywhere with blackouts?!

[@scottfree993]

Ecuador's problem is the cartels and their people smuggling, looks like the Chinese will need a visa from next month to visit their, apparently half of them have been disappearing into thin air and refused to return to china within their 90 days.

[@dovygoodguy1296]

@@scottfree993 Ecuador has been having electrical blackouts for weeks around the whole country!

[@scottfree993]

@@dovygoodguy1296 yes, the country is screwed at the moment, mainly since the us floodgates opened 3 1/2 years ago, undesirables headed to Ecuador seeking cartel/smuggling opportunities through the airports mainly and the whole country went down with it, including the electric services, but real estate is getting pretty cheap and plentiful there.

[@Pelusacollective]

How can a wedding certificate and birth certificates be not over than 6 months

[@TheWanderingInvestor]

When you request them, there is the date of request on them. Every country can re-issue these two certificates on demand.

[@deivybueno9959]

both those documents are valid forever in most countries until you cancel it, BUT Montenegro is special (in a bad way). Marriage certificate you will have to do it every year in the embassy and it will cost you around 200eur

[@J0HN_3_16]

Is there a path to expedited citizenship in Montenegro?

[@TheWanderingInvestor]

Not anymore

[@deivybueno9959]

5 years of temporary residency + another 5 years of permanent residency. You can also apply for a nationality by investment, but be prepare to invest over 400k eur in Montenegro (100k for the gov)

[@rustyyb8450]

Do you need a criminal history report for each year's renewal?

[@TheWanderingInvestor]

@@rustyyb8450 no

[@DanaerysMOD]

If you become a resident through creating an LLC, are you free to also work as an employee there?

[@TheWanderingInvestor]

@@DanaerysMOD No, but as a contractor yes.

[@dovygoodguy1296]

Doesn't the influx affect the cost of living for the Montenegro people themselves, and how does the situation compare with residency in other Balkan countries?

[@TheWanderingInvestor]

Similar residency options as in most other non-EU Balkan countries. Yes, there has been inflation.

[@dovygoodguy1296]

@@TheWanderingInvestor How long will it take for resentment to grow against expats like it does elsewhere?

[@kims1912]

If i purchase real estate as an American, can i stay for 3 months out of 6 months per year?

[@TheWanderingInvestor]

@@kims1912 on a tourist visa no problem 👍. You should read this article on the Montenegro real estate market: thewanderinginvestor.com/international-real-estate/the-real-estate-investment-market-in-montenegro/

[@estherderbyshire1947]

Is there a minimum amount required for registering a company formation.

[@TheWanderingInvestor]

No minimal capital requirements, just pay the fees

[@Mubasharulislam]

Sir, Have they rejected Pakistan outright since you mentioned South Asia?

[@TheWanderingInvestor]

@@Mubasharulislam yes

[@Edward-rg8mh]

Looks like no pakis, no indians, and no blacks policy.

[@ladabi569]

Dear sir , what is cost of business registration in montinegro.

[@TheWanderingInvestor]

thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-montenegro/

[@faelohim8013]

so the LLC option is not possible unless you're married?

[@TheWanderingInvestor]

@@faelohim8013 the corp option is absolutely an option if you’re not married

[@dovygoodguy1296]

How safe is Montenegro in the event of war between NATO and Russia, or between Greece and Turkey?

[@TheWanderingInvestor]

It’s insignificant so it wouldn’t be a target. The risk is rather a flare-up in the Balkans (Bosnia, Kosovo, etc)

[@dovygoodguy1296]

@@TheWanderingInvestor But when things spread the whole thing becomes unpredictable.....

[@deivybueno9959]

Montenegro is way too much to the south-east of europe, so i dont think war can go so far down. it could happen, but lets pray it not.

[@D6781-y1y]

Why no permanent residency after 5 years?

[@TheWanderingInvestor]

@@D6781-y1y it’s possible, but hard. You can’t have left the country for more than 9 months in total during the 5 years, and must speak some Montenegrin.

[@deivybueno9959]

there is permanent residency after 5 years

[@RJ-Isaac-TSOML]

A couple of points. With the company formation, the reapplication processes has become quite cumbersome. You will need to have all of the same documents as when you originally applied including new apostilled criminal check from your home country. Also, you need to pay a monthly account fee and taxes on your pay. For me this was about 220€ each month.

[@deivybueno9959]

exactly, i just made a comment on this

[@DanaerysMOD]

@@RJ-Isaac-TSOML What is the monthly account fee for? What account? And are you also paying taxes in your home country as well?

[@RJ-Isaac-TSOML]

@DanaerysMOD Accountant fee. The accountant processes the payments for taxes and salary payments for the company. As a US citizen, I'm taxed globally. There are some benefits that I can take advantage of but I still have to pay about 15% to the U.S. I'm leaving Montenegro in a couple months but if I was going to stay I would have applied for the new Nomad visa.

[@RJ-Isaac-TSOML]

@DanaerysMOD And since the question of why usually follows here are a few points. 1) Price are increasing: there was a recent minimum wage increase when there is already high unemployment. This is going to result in prices going up. 2) Mafia: The mafia has become more active over the past year or so, or at least I'm noticing it more. There is no violence but racketeering seems to be an increasing issue. 3) This builds off of point 2 but businesses don't survive here. I see numerous businesses open up and then go out of business or get shut down in less than a year. The amount of vacant commercial real estate is very high. 4) The cost of good education for kids is very high and unaffordable. 5) I came here hoping to see a future for the country, but the culture here and the change in policies from the government indicate this is not likely to change for the better in the near future. In the past 2 years there have been a number of policy changes to get more money out of foreigners. These were generally short sited money grabs that have failed miserably but yet the trend continues. I'm moving to El Salvador, mostly due to the time zone, but if I was to stay in this region, I would strongly look at Albania .

[@DanaerysMOD]

@@RJ-Isaac-TSOML Thanks for the info! I'm looking at setting up the LLC just for the residency, but probably not using it for any payments, salary, etc. So maybe I won't need the accountant.

[@marlonsmith2936]

Are ppl from the caribbean welcomed specifically Trinidad and Tobago?

[@TheWanderingInvestor]

@@marlonsmith2936 not really

[@marlonsmith2936]

@@TheWanderingInvestor seems weird though there are trinidadians all over the world specifically Europe so it seems a little strange but i get the idea

[@AmericanEmperor]

The place is relatively safe, compared to many other nations around it, and they want stay crime-free, as much as possible.

[@jmjmjmjmjm]

How about people from the Philippines?

[@gordonpi8674]

Skying in Montenegro?😮

[@TheWanderingInvestor]

@@gordonpi8674 Yup. Look into it. Kolasin ski resort. There are small resorts all over the country (very mediocre), but that one is half decent.

[@tt-jc7sb]

I am really interested in living in Montenegro along with my family by real estate investment. I am searching for a good business. I need an income too.

[@deivybueno9959]

sadly you will need a ton of money to start a real business here. Paperwork can be a hell here.

[@tt-jc7sb]

@deivybueno9959 oh ok.. how about Croatia or Serbia. What's your opinion..

[@deivybueno9959]

@@tt-jc7sb sadly have no idea. I got my residency in Montenegro so that why i know a bit about this matter here.

[@Edward-rg8mh]

I'm a white college educated American who wishes to apply for residency in Montenegro via purchasing a permanent home in Montenegro. My girlfriend of many years is originally from South Korea, however she has permanent residency in US for 25 years. Lovely kind woman with heart of gold. South Korean women are so amazing. Does Montenegro accept residency aoplications from South Korean women with permanent US residency? We are not married.

[@TheWanderingInvestor]

@@Edward-rg8mh South Koreans can get in, no problem. But because you are not married she needs to apply seperately, so either she also buys real estate or just creates a company. Get in touch with Andreas, he can help: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-montenegro/

[@limoreperetzwoloshin8860]

What is the language in Montenegro.

[@GrAZAVoLt]

Serbian language

[@NikolaMarković551]

​@@GrAZAVoLtNot at all. It's Montenegrin. Or you could say Croatian as we speak same language.

[@knowbodysongwritinggroup]

they need our grades in school??

[@deivybueno9959]

yes, but is not an aspect they will care about