LOCATION: Southeastern Europe on the Balkan Peninsula, with a coastline at the Adriatic Sea
LANGUAGES SPOKEN: Montenegrin & Serbian
NEAREST AIRPORT: Podgorica & Tivat
MAJOR INDUSTRY: Tourism
With one of the fastest growing economies in the Balkans, Montenegro has established itself not only as a world renowned holiday destination, with some of the finest beaches and super yacht marinas, but also as a strategic destination for some of the world’s most important industries. A country that is multinational and multilingual, and enjoys a mild Mediterranean climate, beautiful scenery, and a low cost of living.
Montenegro unveiled its Citizenship by Investment Programme (CIP) to the public in October 2019 with the aim of encouraging and facilitating foreign direct investment and increasing economic activity in the country. Montenegro’s citizenship by investment program is one of the best value options for a second passport right now, coupled with fast application processing time and the most affordable route to obtaining a European passport.
OPTIONS FOR MONTENEGRO
CITIZENSHIP BY INVESTMENT
The Montenegro Citizenship-by-Investment Program requires applicants to make a defined economic contribution to Montenegrin society through an investment in a government approved development project, and a capital contribution to a fund designated by the government for the advancement of under-developed areas.
There are two investments options:
Option 1: Investment from €350,000
Non-refundable contribution of €100,000 to Montenegro’s governmental fund.
Investment of €250,000 into a property located on the northern or central part of Montenegro (except Podgorica)
Option 2: Investment from €550,000
Non refundable contribution of €100,000 to Montenegro’s governmental fund.
Investment of €450,000 into a property located on the coast or in Podgorica.
Minimum 18 years of age.
No Criminal Record
Not a citizen of any EU member state.
Provide evidence of the origin of the money used for payment and investment
Benefits of Montenegro Citizenship Program:
Montenegro’s passport ranking is 42nd in the world.
Visa-free access to 122 countries including the Schengen zone, Singapore, Hong Kong and Russia.
Right to stay in any EU country for 90 days in each half a year period.
Citizenship in a country that is an official EU candidate country with planned accession as EU member by 2025.
E-2 Treaty with the USA- Option to relocate and operate business in the US.
Favorable tax regime: Montenegro has one of the lowest personal income tax rates in the world, fixed at just 9-11%
Full citizenship granted to the applicant, spouse and children including financially dependent children over 18 years old.
Citizenship in a member state of the European Monetary Union, the NATO Alliance, OSCE, and the WTO.
Citizenship of a country with Political and economic stability.
Application Processing Time: 3 Months
Minimum Stay Requirement: Citizens are not obliged to live in Montenegro either before or after receiving the Citizenship.
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.