Montenegro Citizenship By Investment
Montenegro looks set to launch its golden visa programme early in 2019. The programme would offer both residency and citizenship. The government of Montenegro decided on the criteria, method and investment limits in November 2018. The investment element will range from €250,000 in the northern and central region to €450,000 in the coastal region. Additional application and due diligence fees will apply.
Montenegrin citizenship by investment and a second passport from a European nation is an attractive option for many of our clients. However it must be noted that although geographically in Europe Montenegro is not part of the EU. Although it is striving to meet the EU requirements for accession it is not expected until at least 2025.
Citizenship of an EU country carries a large premium in the market because of the settlement rights allowing citizens of any EU country to live anywhere within the EU. Obtaining citizenship in Montenegro at this stage for such a purpose would be speculative as to timescale and far from certain.
However Montenegrin passport holders do enjoy visa free travel to over 125 countries worldwide although this, and more, can already be achieved at far lower cost with one of the five Caribbean programmes.
Once final details are released we will of course bring it to the attention of registered clients.