Understanding the latest legal changes affecting property purchases by non-residents in Montenegro.
Montenegro has recently updated several regulations affecting how foreign nationals can purchase property. Here's what you need to know.
The Montenegrin government has streamlined the property purchase process for EU citizens, while maintaining robust protections for all buyers.
Documentation Requirements - Valid passport (minimum 6 months validity) - Tax identification number (PIB) - Proof of funds - Property valuation report
New Digital Services The Real Estate Cadaster now offers online verification services, making due diligence faster and more accessible.
EU nationals now enjoy simplified procedures similar to Montenegrin citizens, reflecting Montenegro's EU accession progress.
Non-EU buyers can still purchase property without restrictions, though the process includes additional verification steps.
The regulatory environment remains favourable for foreign property investment in Montenegro.
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