Opening a bank account in Montenegro for non-residents
One of the frequently asked questions coming from foreign buyers, is how to open a bank account in Montenegro?
This procedure is changing from time to time and depends on the bank, but here is some general information.
In order to open a bank account as a non-resident, the banks will ask you to provide them with a valid personal document (ID or passport) and a residential or work permit.
Once these documents are submitted, the bank will process your application and get back to you with the answer within a given deadline.
In addition, non-residents buying real estate in Montenegro can currently apply for a loan from Lovcen bank. More information you may find on the following link:
As mentioned, please note that information above are subject to change, so we strongly advise you to pay a visit to your bank of choice and get up-to-date information directly from the bank employees.
If you have already decided to buy real estate, you are certainly interested in the purchase process. Download our property buying guide by clicking here.