Published: 24.11.2025
The source reports that under updated rules, a co-owner of an apartment or other eligible property may apply for residence if they own at least 50% of the property. The permit is typically issued for 12 months and can be renewed annually while the applicant retains ownership and meets the residence requirements.
The rule broadens access to residence through real estate for people who jointly own a property but hold at least a 50% share. According to the source, applicants also need accommodation in Montenegro, sufficient funds, a valid passport and documents supporting the application; processing typically takes up to 40 days. The status remains temporary and requires annual renewal, so owning a share does not by itself create permanent residence. This primarily matters to investors and families purchasing property jointly, who should verify the ownership percentage and prepare to meet the renewal conditions each year.