Non-residents can buy real estate in Montenegro as physical or legal entity. When buying and registering real estate, foreigners have the same rights as well as citizens of Montenegro, except for natural resources, public buildings, agricultural land, forests, cultural monuments. Foreigners may acquire the right of ownership on agricultural land and forests up to 5000m2 only in case they are at the given location house. Foreigners are entitled for long-term annuities. No foreign purchasing loans are available to foreign nationals in Montenegro real estate with the exception of the possibility of cash collateral. Legal procedure for property.