{"id":89710,"date":"2026-03-05T20:15:34","date_gmt":"2026-03-05T20:15:34","guid":{"rendered":"https:\/\/nekretnina.me\/?p=89710"},"modified":"2026-03-14T18:28:58","modified_gmt":"2026-03-14T18:28:58","slug":"amendments-to-the-law-on-foreigners-in-montenegro","status":"publish","type":"post","link":"https:\/\/nekretnina.me\/en\/blog\/izmjene-zakona-o-strancima-u-crnoj-gori\/","title":{"rendered":"How will the latest amendments to the Law on Foreigners in Montenegro affect the real estate market?"},"content":{"rendered":"
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How will the changes to the Law on Foreigners affect the real estate market in Montenegro? The new regulations introduce a minimum property value of \u20ac150,000 for temporary residence of foreigners, which could change the structure of demand and increase interest in higher-quality investments on the coast and in tourist areas. Find out what these changes mean for investors, buyers and the future of the real estate market.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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The real estate market in Montenegro has been growing strongly in recent years thanks to international buyers, the development of tourism and increased interest from investors from Europe, the region and other parts of the world. However, changes in the legislative framework can often have a direct impact on buyers' investment decisions. That is why the latest Amendments to the Law on Foreigners in Montenegro,<\/a> published on January 9, 2026, have generated great interest among investors, real estate agents and foreign buyers.<\/p>

These amendments do not prohibit foreigners from purchasing real estate, but they introduce certain changes regarding obtaining a residence permit based on ownership of real estate. This may indirectly affect the structure of demand and investment strategies in Montenegro.<\/p>

Below we explain what has actually changed and what impact these changes may have on the real estate market in Montenegro.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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What do the amendments to the Law on Foreigners in Montenegro bring?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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The most important novelty refers to the conditions for obtaining temporary residence based on ownership of real estate. According to the new rules, citizens of countries outside the European Union who wish to obtain temporary residence on this basis must own real estate with a minimum estimated value of at least 150,000 euros.<\/strong>\u00a0<\/p>

The value of the property is determined by the Tax Administration based on an appraisal when calculating the real estate transfer tax. The buyer must also prove ownership of the property and duly paid tax obligations.<\/p>

It is important to emphasize that this requirement does not apply to citizens of the European Union, nor to citizens of Iceland, Norway, Liechtenstein and Switzerland, who still have a more liberal residence regime.\u00a0<\/p>

Another important change is that a foreign buyer must have at least 50% ownership of the property if he or she wants to exercise the right to reside based on ownership.\u00a0<\/p>

Temporary residence on this basis is issued for one year, with the possibility of extension if all conditions are still met.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Foreigners are still allowed to buy real estate in Montenegro\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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One of the frequent dilemmas among buyers was whether the new amendments to the Tenancy Act restrict foreigners from purchasing real estate. The answer is \u2013 no.<\/p>

Foreign citizens can still purchase apartments, houses and commercial properties in Montenegro without major restrictions, with certain exceptions for agricultural land.\u00a0<\/p>

In other words, the law does not affect the right of ownership, but rather the conditions under which a property owner can obtain a residence permit.<\/p>

This distinction is very important for investors who buy real estate exclusively as an investment or for rental purposes, as for such buyers, staying in the country is often not a key factor.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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How can changes to the Law on Foreigners affect the demand for real estate in Montenegro?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Although the law does not prohibit the purchase of real estate, certain changes may affect the market structure.<\/p>

Previously, it was possible to buy a relatively cheap apartment and obtain temporary residence on the basis of it. In some cases, foreigners bought small apartments for tens of thousands of euros precisely for the sake of a residence permit.\u00a0<\/p>

By introducing a minimum property value, the market focus could shift towards higher quality and more expensive properties. This could lead to increased interest in:<\/p>