Montenegro launched an exciting citizenship by investment program in 2018 to foreign investors who invest in business and economic interests in Montenegro.
This scheme officially opened by end of 2019 in pilot phase once the agents and due diligence service providers were announced.
As of 2020, the scheme is fully open for investment and applications, administered by Montenegro Investment Agency along with Ministry of Tourism, Economy and Agriculture.
The Montenegro Citizenship Program is a once in a time limited citizenship opportunity. Citizenship is granted to only 2000 limited investors and will only run for three years.
Montenegro remains a super interesting citizenship program because the country is a candidate country for EU membership, actively pursuing negotiations to join EU and schengen area on or after 2025. It is also a great future investment, considering the real estate prices in Montenegro is lowest in Europe.
All applicants have to go through multi tier due diligence screening process by agents and government. Approved applicants are issued a certificate of naturalisation and passport within 3 months.
WHY MONTENEGRO?
- Picturesque country in Europe
- Politically stable and economically viable state
- Cheapest real estate market attractive for future investment
- Business friendly country in the world
- Tax haven in Europe for Companies (9%)
- Joining European Union by 2025
- Personal income tax is 9% and 15%
- Foreign legal entities and individuals receive equal treatment
- Excellent quality of living and life.
- Visa free regime with schengen area
CITIZEN BENEFITS
- Newly launched economic citizenship program
- Rare citizenship opportunity
- No interview, language tests, education, business or military service required
- Affordable investment requirement from €250K
- Invest in Luxury five star hotels and resorts.
- E-1 and E-2 treaty with United States
- Visa free travel to 120+ countries and territories
- 3 month processing time
- Permanent residency in 3 weeks
- Citizenship is private not reported anywhere
- Invest in real estate or business
- Freedom of movement in Schengen, Russia etc.
- No requirement to live or visit after citizenship
- Dual citizenship by investment
ELIGIBLE INVESTMENTS
1. REAL ESTATE
€350,000 in undeveloped areas
€400,000 in developed areas
2. FIVE STAR HOTELS
€ 5,000,000 in the northern or central region,
except capital Podgorica, with at least 25 employees and 35 accommodation units
3. AGRICULTURE
€ 2,000,000 and create atleast 10 jobs
4. WOOD PROCESSING
€4,000,000 and employing atleast 20 people
5. FISHERIES
€3,500,000 in fisheries and processing products and employing 20 people
Application fee
€100,000 per application
Due diligence fee
€ 15,000.00 for the applicant
€10,000.00 for each family member, up to four members
€ 50,000.00 for each next family member.
Residence Requirement
None
Processing times
3-4 months
FAQS
Acquisition of Montenegrin Citizenship by Admission published in Official Gazette of Montenegro 34/10, 40/16 and 62/18 for business and special economic interests of the state.
Montenegro is first in line to become EU member state in 5 years. Property prices are the lowest in Europe. Therefore Montenegro Citizenship is a great future investment.
Yes, just once to complete the formalities
Yes, adult children upto 30 years and parents or grandparents above 55 years can apply
Just pay an initial retainer fee to start the application process. If your application is approved by Government you pay the rest 90%. All the fees are paid in stages and in installments per invoices.
We provide this service through our partner firm.
Article 10 of this Decision have provisions to revoke citizenship at later stages. Investors will not be refunded the paid money
Please contact us.