Residency in Montenegro by Establishing Company
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To get residency in Montenegro, another option is establishing a company. It can seem hard at first look, but the entire process takes only 4 to 5 weeks. Experience takes a big role in this short process time.
Establishing a company in Montenegro allows foreigners to live and work in the country. Compared to its benefits, it really has fast and easy procedures. Now, let’s take a look at the process of residency in Montenegro by establishing a company.
Process of Getting Residence Permit in Montenegro by Establishing Company
Let’s first take a look at the schedule of the whole process. First, you should complete your company registration. It generally takes 7 to 10 days. There are no strict requirements for founding a company in Montenegro.
After that, you should apply for a residence permit. It takes from 14 to 21 days. Then the last step is opening bank accounts. You would open a bank account both for yourself and your company.
It is the whole process of getting a residence permit in Montenegro by founding a company. It is not a hard process. It only needs experience and working in detail. Our next step is requirements for all procedures.
Requirements for Montenegro Residency by Company Establishment
The requirements are not strict to establish a company and get residency in Montenegro. Below, you may find the all required documents;
- Valid passport
- Apostilled criminal record certificate from the origin country
- Proof of housing that should be a certified rental contract valid for at least one year.
- Diploma for school with at least 8 years of education
- Apostilled marriage certificate if available
- Apostilled birth certificate for children if available
*Note: Thanks to the agreements between countries, if the applicant is a citizen of one of the following countries, they don’t need to get documents apostilled. These countries are; Algeria, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Czech Republic, France, Greece, Croatia, Iraq, Italy, Cyprus, Hungary, North Macedonia, Mongolia, Poland, Romania, Russia, and Serbia.
As we listed above, the documents required for Montenegro residency are not hard to prepare. These documents can be easily gathered in most countries.
Advantages of Montenegro Residency by Company Establishment
In addition to the normal advantages of residency in Montenegro, it offers working opportunities. If you apply for residency by company establishment, you will be also granted a work permit.
Montenegro is a fastly-developing country. So, entering into a business world in countries like Montenegro can offer high potential most times. You may get a fortune in developing countries. And Montenegro is one of the ideal ones with its aspects.
There are many benefits within the country. But also Montenegro has a great location. It means that your business will be easily accessible from Europe, Near East, and the Middle East.
Montenegro is expected to be a part of the European Union in the near future. These times are ideal for taking place early. Despite still Montenegro being outside of the EU, it is considered in the Eurozone. Montenegro’s official currency is Euro.
Is it Easy to Get Residency in Montenegro with Company Establishment?
Yes, it is. But as in each overseas formal process, you should get a legal consultancy. To avoid pitfalls, investment mistakes, or for any other reason, you should work with a professional consultancy company.
As Tekce Visa, we have years of experience in overseas property acquisition and residence permit applications. Our team of experienced lawyers will give you the best services.
You may contact us now to get details about all residence permit types in Montenegro. You may easily establish a company and get a residence permit in Montenegro with our guidance.
