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WELCOME TOMONTENEGROW Consulting Agency is here to help youContact us
About Agency
W Consulting is a “one-stop-shop” consulting agency, which offers professional guidance to foreign residents and non-residents. The services that we are offering are comprehensive and concern all aspects of adjusting lives and business of foreigners in the country. Foreigners planning to stay in Montenegro face a number of dilemmas, and potentially difficulties in finding the best legal framework for regulating status for themselves, their family members and employees. The agency will provide support from the moment a foreigner enters Montenegro, until the regulation of his legal status in the form of a temporary residence permit and, if necessary, obtaining a work permit.
The aim of the agency is to facilitate foreigner’s transition in the country, as well as attracting more people to come, work and live in Montenegro.
Our Background
W Consulting agency is one of the participants of the Program of the European Union and Montenegro for employment, education and social protection. Within the Self-employment grant program 2021, W consulting company has obtained the grant for the project Consulting agency for foreigners. Total project value is 14.845,00 eur, while the grant co-financed by the EU is 7,500.00 eur. Project implementation period is from 1st of November 2021 until 31st of August 2022.
Practice Areas
Migration & Settlement
- Residence/work permit
- Visa application process
- Housing/settling in, real estate matters
- Community services (education, health care, work, insurance, bank)
- Other services
Business Management
- Establishment and registration of business entities
- Opening a bank account
- Licence acquisition
- Assistance in finding business premises
- Administrative services
- Intermediary services
Investment Opportunities
- Market research
- Property advisory
- Representation in front of the authorities
- Assistance in the process of obtaining Montenegrin citizenship
Why Choose Montenegro For Your Business
Favourable price of real estate, which can serve as a reason for obtaining a residence permit, and then the citizenship of Montenegro
Favourable tax system with low income and profit tax rates from 9%, which is fourth lowest in the world and first in Europe. From 2022 the tax rate is progressive and depending on the profit is 9%, 12% and 15%
Member of NATO alliance
Foreign companies enjoy the same rights as domestic companies
The workforce is skilled and wage costs are relatively low
Great potential for investments
The Euro is the national currency
The world's 5th fastest growing tourism destination in 2019 according to UN World Tourism Organization (UNWTO)
About Montenegro
Mediterranean Country
Montenegro has the strategic geographic location as a Mediterranean country, located in Southeast Europe. Infrastructure of the country consists of: 7.835 km road network, 250 km railway network, 2 major ports Bar and Kotor, and 2 airports Podgorica and Tivat. There are also several world class marinas capable of handling yachts: Porto Montenegro, Portonovi, Lustica Bay and Dukley.
Geography and People
Area of the country is 13 812 km2, with the coastline: 295 km. Capital is Podgorica. Population of the country is 620.739 inhabitants. One of the most important characteristics of the Montenegrin population is its diverse ethnic structure. The main ethnic groups living in Montenegro are: Montenegrins, Serbs, Bosniaks, Albanians, Muslims, and Croats.
Ecological State
Montenegro has adopted the Declaration on the Ecological State in 1991, and became the first country in the world to be declared as ecological state.
Euro-Atlantic integration
The state’s long-term commitment to Euro-Atlantic integration, have led to the implementation of numerous reforms that have contributed to a high level of foreign direct investments. The sectors attracting most of FDI are tourism, real estate, energy, telecommunications, banking sectors and construction.