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Buying real estate in Montenegro without a personal visit is a standard practice for investors worldwide. The country’s legal system allows for transactions to be completed entirely remotely.
The transaction can be handled via Power of Attorney (PoA). The entire process usually takes 2 to 4 weeks. You will only need one visit to a local notary in your country of residence to sign the document, which is then sent to Montenegro.
How the Remote Purchase Works
A notarized Power of Attorney (Punomoć) is the legal basis for a remote deal. it authorizes your representative to sign the sales contract on your behalf and handle filings with state authorities.
Safety and Security
The PoA is drafted strictly for a specific property, including its cadastral data. This ensures the document cannot be misused. The notary in Montenegro bears personal responsibility for the legality of the transaction.
What to Include in the PoA:
- Authority to sign the main sales and purchase agreement.
- Power to obtain a Montenegrin tax identification number (PIB).
- Right to apply to the Cadastre for property rights registration.
- Exact passport details of all parties involved.
Special Considerations for Dubai & UAE
If you are located in the Emirates, the procedure requires specific legalization. Since the UAE is not part of the simplified document exchange (Apostille) with Montenegro, consular legalization is typically applied.
This includes notarization in Dubai Courts, a stamp from the Ministry of Foreign Affairs (MOFA), and confirmation at the consulate. We clarify these requirements in advance to ensure your document is accepted smoothly.
Step-by-Step Remote Process
Remote Deal Consultation
We will help you prepare the PoA and answer all questions regarding the process.