How to buy property in Montenegro and move there for permanent residency?

Online broadcast about real estate in Montenegro

On March 16, a webinar took place on the Instagram platform @com, dedicated to the issues of purchasing real estate in Montenegro and the possibility of permanent relocation to this country. Experienced specialists participated in the online broadcast: Alena Martynenko, who is the manager of an international real estate platform, and Raushan Valeev, the founder of the Karatau agency, which specializes in the Montenegrin real estate market.

Important questions for the audience

During the communication with the audience, the participants received answers to many relevant questions. In particular, they learned:

• What is the cost of housing in Montenegro?
• How is the process of purchasing real estate carried out?
• What do you need to know to choose a reliable realtor?
• How can one obtain a residence permit or citizenship through real estate investment?

Raushan Valeev also talked about the local population's attitude towards foreigners, the healthcare and education systems in the republic, as well as how much money is needed for a comfortable life in the capital.

Additional materials

All participants who left their email addresses received access to a detailed guide on purchasing real estate in Montenegro. Additionally, the most active viewers were pleasantly surprised: our speaker from Montenegro announced that he is willing to cover the living expenses in the country for those who decide to buy property during the deal.

For viewers who couldn't attend the live broadcast, a complete recording has been prepared and is available on our YouTube channel. This video material will provide a detailed insight into the local culture and living conditions.

Montenegrins and cultural features

As for the population, it should be noted thatMontenegrins are known for their hospitality and kindness.Since there is practically no language barrier — many elderly people understand Russian. In local schools, English is taught starting from the 2nd grade. Raushan also noted thatThe Montenegrin language is quite easy to learn.because it has many similarities with other Slavic languages.

The education system in Montenegro

The education system in Montenegro has deep roots that trace back to the times of Yugoslavia. Primary education covers grades 1-5, while secondary education is divided into two stages:

• Grades 4-9 are mandatory for all students.
• After finishing high school, students can continue their education at gymnasiums for 4 years or choose a vocational school where they can obtain a qualification in 3 years.

Graduates of vocational schools have an automatic opportunity for employment immediately after completing their studies. The total duration of mandatory education in Montenegro is 13 years.

Education of foreign children

Children of foreigners have the opportunity to study in public schools; however, the instruction will be conducted exclusively in Montenegrin. For those parents who are interested in alternatives, there are many private schools available, including options that cater to both Russian-speaking and English-speaking students.

Healthcare system

In terms of healthcare, there are district hospitals operating in every region. In Podgorica, the capital of Montenegro, medical facilities are equipped with advanced technology and high-quality equipment. The doctors in these institutions are top-notch specialists, many of whom have received their education abroad. Their professional skills and experience enable them to provide the population with quality medical services.

Montenegro: Attractiveness for Tourists

In a recent interview, Raushan shared interesting information regarding the choice of tourists in Montenegro, who are seeking wellness due to the favorable ecology and mild climate conditions. This tiny country, with a population of about 620,000 people, demonstrates a stable and harmonious labor market. It is worth noting that foreigners, both employees and entrepreneurs, can easily find employment here.

Migration issues

As for migration issues, there are no visa barriers for citizens of countries such as Russia, Ukraine, and Belarus in Montenegro. The duration of stay for tourists varies depending on the time of year:

• 90 days in summer;
• 30 days in winter.

There are several options for obtaining a residence permit, including:

• medical reasons;
• family reunification;
• training;
• labor activity;
• acquisition of real estate.

Legalization through real estate

One of the most common ways to obtain legal residency is through acquiring temporary residency by purchasing real estate. Foreigners only need to buy property of any value to receive a temporary residence permit. This document is issued for one year with the possibility of extension, provided that the condition of maintaining ownership of the property is met.

Real estate prices

When it comes to the real estate market, the last three years have shown a significant increase in housing prices.

Conclusion

The conclusion of our webinar on the topic "How to BuyReal Estate in Montenegro and Move There for Permanent Residence" took place on March 16, and I can't help but share my impressions and insights from this fascinating event. We had the opportunity to hear the opinions and advice of experts who have extensive experience in the Montenegrin real estate market. This allowed us to gain a deeper understanding of the key aspects related to purchasing property, living in a new country, and integrating into the local community.

The webinar covered not only practical aspects, such as the process of acquiring real estate and specific questions about obtaining residency through property purchase, but also much broader topics related to culture, education, and healthcare in Montenegro. This is truly important, as moving to another country involves not just economic but also cultural adaptation. It's nice to realize that Montenegrins are ready to welcome foreigners with open arms, and the language barrier is practically non-existent, thanks to the high level of proficiency in the Russian language.

I was impressed by the information about the education system that allows children of foreign citizens to attend public schools, even if it's in Montenegrin. This opens doors for full integration into a new society. The healthcare system in Montenegro also left a positive impression: the high level of professionalism among doctors, along with modern equipment in clinics, ensures quality medical care.

It's important to note:

• Montenegrins are a friendly and hospitable people.
• High level of education and access to private schools.
• A modern healthcare system with qualified medical professionals.

It is worth noting that the results of the webinar and the knowledge gained can significantly ease the relocation process for those considering Montenegro as their new place of residence. The opportunity to obtain a residence permit through real estate purchases, along with attractive housing prices, makes this country particularly appealing to foreign investors.

I urge everyone interested in buying real estate in Montenegro to take advantage of the materials and recommendations provided. Don't miss the opportunity to receive bonuses from our experts, who made this broadcast not only informative but also practical. If you couldn't attend the webinar, be sure to check out the recording on our YouTube channel. This will be a great start for you in a new chapter of your life in Montenegro!