Operating in the agricultural sector as a foreign investor in Montenegro offers a highly profitable and sustainable investment opportunity, provided there is correct planning and complete management of legal processes. Specifically, organic farming, olive cultivation, vineyards, greenhouse farming, and livestock sectors stand out for foreign investors. Below, as Maremont Real Estate & Construction, we have summarized the fundamental steps and necessary permit processes for investors wishing to make agricultural investments in Montenegro.
Steps to Follow for Agricultural Investment in Montenegro
- Investment Planning: A detailed feasibility study covering region selection, product type, land size, and investment budget must be prepared.
- Company Formation: Establishing a company in Montenegro is the most common and secure method for conducting agricultural activities.
- Land Research: The zoning status, cadastral records, irrigation possibilities, and access roads of the agricultural land must be professionally examined.
- Purchase or Leasing: Agricultural lands can be purchased in the company’s name or leased long-term.
- Project and Production Plan: Product selection, equipment, labor planning, and a production schedule should be created.
- Finance and Incentive Research: EU funds, government grants, and local incentive programs should be evaluated.
- Operational Setup: Irrigation systems, warehouses, greenhouses, machinery, and logistics processes must be planned.
- Marketing and Export Plan: The local market, tourism sector, and export channels should be analyzed.
Necessary Permits for Agricultural Investment in Montenegro
- Company Registration Certificate (CRPS registration)
- Municipality Agriculture or Land Use Approval
- Ministry of Agriculture Activity Registration
- Environmental Impact Assessment (for required projects)
- Water Use Permit (for irrigation)
- Organic Agriculture Certificate (if organic production is planned)
- Veterinary and Livestock Licenses (for livestock investments)
- Food Production License (if a processing facility is established)
- Work and Residency Permits (for foreign investors and employees)
Professional Advice Working with local legal consultants, accounting firms, and real estate experts while investing in agriculture in Montenegro ensures the process moves quickly and safely. Conducting a legal investigation before purchasing land and aligning the production plan with government incentive programs accelerates the return on investment (ROI). With the right location and product selection, Montenegro can become a powerful agricultural hub opening to the Balkans and European markets. As Maremont, we stand by you with a professional service approach throughout all the processes mentioned above.
