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Traveling Lifestyle: Montenegro in 28 recommended countries for digital nomads in 2022

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Traveling Lifestyle magazine states that Montenegro is among the 28 countries in the best selection for digital nomads in 2022.

In addition to our country, the list also includes Georgia, Bahamas, Antigua & Barbuda Barbados Bermuda, Cayman Islands Croatia, Czech Republic, Curacao, Costa Rica
Dominica, Dubai, Estonia, Germany, Mexico, Australia, Portugal
Spain, Montserrat. And they wrote the following about Montenegro...

This popular destination does not have exactly a visa for remote workers and digital nomads. However, they can apply for a temporary residence permit that will allow them to stay for 1 year or more in the country.

The most straightforward way to obtain a temporary residency permit in Montenegro is to register a business and appoint yourself as the CEO.

Requirements

  • A valid passport
  • Education degrees.
  • A certificate of police clearance from the country of residence
  • Documents demonstrating the availability of at least €3,650 deposited in a Montenegrin bank account.
  • Marriage certificate (if applicable).
  • Proof of accommodation.
  • Health Insurance


Note that a temporary residence permit must be renewed each year and can be changed to a permanent residence permit after five years. Experts say that establishing a Limited Liability Company (LLC) is the most straightforward way to obtain temporary residency in the country. The main requirements for this type of company are:

  • 1 – 30 shareholders which can only include yourself.
  • A minimum of €1 in starting capital.
  • An executive director who lives in Montenegro.
  • Foundational documents of the company certified by a court.


The process of obtaining temporary residency and establishing a business is straightforward. All documents, however, must be translated into Montenegrin to be valid. 


Source Travelling Lifestyle


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Friday, 18 October 2024

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