Montenegro Company Owner Residence

1. Residence permit12 months
2. Renew12 months at a time
3. Permanent residencyafter 5 years
4. Citizenshipafter 10 years

• Permanent residency 5 years
• Citizenship 10 years
• Dual citizenship not allowed
• Language required for citizenship basic communication

Country

Montenegro

Program

Montenegro Company Owner Residence

Local name

Dozvola za privremeni boravak i rad za preduzetnike i izvršne direktore

Type

Entrepreneur

Status

Active

Initial duration

12 months

Renewable

Yes (12 mo)

Temporary residence and work permit for a sole proprietor registered in Montenegro, or for an executive director who owns the company alone or more than 51 percent of its capital. It is issued for up to one year, can be renewed while the conditions last, and sits outside the annual foreign-worker quota. Most third-country holders must show at least €5,000 a year in taxes and contributions to renew. It is not a minimum-investment visa.

Tax regime

Worldwide

Tax rate

15.0%

Regime name

Worldwide personal income tax, top rate 15%

Foreign income taxed

Yes

Capital gains taxed

Yes

Method

online, in person

Processing time

Up to 15 days

Apply from abroad

Yes

Articles 69, 70 and 78(4) of the Law on Foreigners, consolidated through Official Gazette 33/26, are the basis. The founder or director does not file a job offer or a diploma. A medical-fitness certificate is still required (Article 69). The permit may be issued to someone older than 66. Within 24 hours of issue the employer must sign an employment contract and register the person for mandatory social insurance (Article 70). A first permit lasts up to one year. For sole owners and owners of more than 51 percent it can keep being renewed, each time for up to one year, while Article 43 is met and taxes and contributions of at least €5,000 in the year have been paid (Articles 70 and 82). Citizens of the EU, Iceland, Liechtenstein, Norway and Switzerland, and family members of EU citizens, do not have to show that €5,000. EU citizens are otherwise covered by Articles 150 to 178b unless a rule expressly includes them (Article 1). A limited-liability company needs at least €1 of share capital (Companies Law, Article 361). A joint-stock company needs €25,000 (Article 137). Neither figure is a residence-investment threshold. A complete application is decided within 15 days (Article 80). File in person at the Ministry, or electronically and then give biometrics within 10 days of entry. The employer may also file (Articles 79 and 79a). The permit ends after more than 30 days outside Montenegro, unless the holder told the police in advance and the absence, for a justified reason, was not longer than 90 days (Article 83). Charges read for a first residence-and-work permit are a €2 request fee and a €60 issuance fee under the 2019 Law on Administrative Fees, Tariffs 1 and 13(7), plus €5 for the card. USD 75 is €67 at the ECB rate of 1.1206 on 9 October 2026. Renewal of the work permit is €30. A joining family member uses the temporary-residence tariff, €47 in the same components, about USD 53. Family, permanent residence, citizenship, language, Schengen and tax follow the same statutes as property residence. Five years of lawful temporary residence can lead to permanent residence (Article 86). Ordinary naturalisation takes ten years and requires release from another citizenship (Citizenship Law, Article 8). A family member who joined a work-residence holder may work after one year (Article 67). The rulebook sets no confirmed figure for the means test that replaces the job offer for a founder, so no income or savings amount is given.

• Digital Nomad Residence Permitdigital nomad visa

1. Oct 10, 2026

   Added

   added the company-owner residence-and-work permit, separate from property residence, with the €5,000 renewal floor, one-year term, 15-day decision and quota exemption (gov.me).