When paying for real estate in Montenegro, several problems may arise for Russians and Ukrainians.
Banking sanctions and restrictions :
- For Russians : Due to sanctions imposed against Russia, many Russian banks are disconnected from the international SWIFT system. This makes transfers from Russian banks to Montenegrin banks difficult. It may also be difficult to open accounts in European banks.
- For Ukrainians : Ukrainian banks may also encounter difficulties with international transfers, especially in conditions of military conflict and related restrictions.
Legal barriers :
- For Russians : There may be additional checks and requirements for citizens of sanctioned countries. This includes increased control over the sources of funds and additional legal procedures.
- For Ukrainians : The martial law situation in the country may cause additional checks and questions from the Montenegrin authorities and banks.
Exchange rate risks and currency restrictions :
- For both countries : Exchange rate fluctuations can significantly affect the value of real estate in local currency (Euro). In addition, restrictions may be imposed on the export of currency from countries of origin.
Bureaucratic difficulties :
- For Russians : The process of confirming the legality of funds used to purchase real estate can be more difficult.
- For Ukrainians : Unstable political situation and hostilities may cause delays and additional checks.
Difficulties with communication and documents :
- For both countries : Language barriers and differences in legal systems may cause difficulties when completing paperwork. There may also be problems with obtaining all the necessary certificates and permits from the country of origin.
Each transaction is individual, and our agency will help you find a convenient mutual settlement for each party and offer payment options that take into account all possible difficulties and features. We will provide support at every stage of the transaction so that you can avoid possible risks and problems when purchasing real estate in Montenegro.
Contact +38269211062