5 Easiest Countries to get a Residence Permit

1. Montenegro

Minimum Investment Cost Rank: 1

Minimum Application Process Time Rank: 2

Insider Monkey weighted Average: 1.4

One of the fastest growing economies, Montenegro’s government is encouraging investors and talented individuals to invest in their economy by offering them an enticing residency program. While there is no minimum value mentioned, the scheme provides the option of either a real estate acquisition, or investment in a legal entity. This would require creating and registering a legal entity in the country, opening up a bank account, renting or purchasing office space for business, and renting or purchasing residential property for personal use. It is estimated that annual costs for operating the company amounts to €3000 (approximately US $3,240).

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