Northern or Central Montenegro
If an applicant is looking to invest in real estate in the northern or central parts of Montenegro, then an investment of €200,000 is required to go towards the state fund and an investment of €250,000 can go towards approved real estate. Please note that these prices do not apply to the capital city of Podgorica.
Qualifying projects usually include hotels and resorts; single-family homes generally do not fall under the list of accepted projects. These prices remain the same no matter how many family members the applicant would like to include on the application.
Single investors will pay due diligence fees of €7,000. If an applicant is applying with a spouse or family, those fees go up to €10,000 for a family of 4, with each additional family member requiring an additional €1,500.
Lastly, administrative fees will start at €15,000 for the investor, with an additional €10,000 for each family member (up to 4). For the 5th family member and beyond, administrative fees will be €50,000 per person.