Digital Nomad Visa Comparison: Montenegro vs. Colombia

Montenegro and Colombia Digital Nomad Visa Requirements

Introduction

Are you considering becoming a digital nomad in South America or Europe? Montenegro and Colombia offer unique programs for digital nomads. Both countries have unique cultural experiences, friendly locals, and affordable living costs. However, there are specific requirements and differences you need to be aware of before you apply for these programs.

Montenegro

Temporary Residence Permit for Digital Nomads Under Foreigners’ Act

  • The fee for issuing a permit for temporary residence and work is EUR 67
  • The monthly income should amount to at least 3 minimum wages in Montenegro, which is about EUR1,350
  • As per the Personal Income Tax, a foreigner with temporary residence earning as a freelancer serving abroad and earning in Montenegro above three times of average gross salary in country is exempt to pay personal income tax in Montenegro
  • The applicants are required to have a clean criminal record. Submission of police clearance or non-conviction proof from native country is a requirement for the applicant
  • The permit is valid for 2 years, renewable for another 2 years
  • He must reside in Montenegro in accordance with the basis for which he was granted temporary residence (digital nomad). A digital nomad cannot work on another basis (e.g. local employment)
  • Passport or travel document with validity 3 months more than the visa’s validity
  • Proof of purpose of stay, proof of payment of consular fee
  • Income earned in the previous year by the applicant is required to be equivalent to at least three minimum wages monthly (EUR1,350)
  • Valid medical insurance
  • Applicant is required to have a proof of accommodation, which can be any of the following:
  • Proof of ownership of real estate in Montenegro for residing
    - Notarized lease agreement
    - Confirmation from a registered accommodation provider
    - Other corresponding documents
Guide to the Montenegro Digital Nomad Visa 2024
Montenegro’s Digital Nomad Visa: A Comprehensive and Updated Guide for Remote Workers and Digital Nomads Montenegro, known for its stunning Adriatic coastline and picturesque mountain landscapes, has become an attractive destination for remote workers and digital nomads with its updated Digital Nomad Visa program. This comprehensive guide is designed to

Colombia

Colombia, located in South America, offers travelers a unique cultural experience with a mix of urban and rural landscapes. Let's take a look at the digital nomad visa program requirements:

Visa Name Visa V - Digital Nomad
Cost of Visa US$52 for the study of the application; Visa Fee: Around US$170
Length of Stay Up to 2 years, depending on the study of the application
Income Requirement Required minimum income of at least three minimum monthly salaries, which is about US$900 per month
Tax Implications If the person stays more than 183 days in Colombia in a 365-day period, he/she becomes a tax resident
Local Market Restrictions The applicant will not be allowed to provide services in local markets in Colombia. The new visa may allow the applicant to start a digital technology business operating within Colombia.

In addition to the above requirements, the applicant must have a clean criminal record, a valid passport for at least six months, proof of legal entry, health insurance, and a bank statement covering the last three months. The applicant might also be required to provide a criminal record check at the time of application.

Conclusion

Both Montenegro and Colombia offer unique digital nomad visa programs, but with different requirements. Montenegro requires a minimum monthly income of EUR 1,350 and is suitable for those seeking a European lifestyle. On the other hand, Colombia requires a minimum income of US$900 per month and offers an opportunity for digital nomads to experience a South American culture.

It's essential to understand the requirements and restrictions of each program before planning your digital nomad journey. By fulfilling the necessary criteria, digital nomads can comfortably live and work in these beautiful countries, while enjoying the experience of a lifetime.