Montenegro Citizenship by Investment Programme Overview
***Important Update: The Montenegro Citizenship by Investment programme officially closed in December 2022.***
The Montenegro citizenship by investment programme was launched in 2019. Applicants are able to apply by investing in one of several government approved real estate development projects. The investment element ranges from €250,000 in the northern and central region to €450,000 in the coastal region. An additional government donation of €200,000 is required, plus application and due diligence fees.
Benefits of Montenegro Citizenship by Investment
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.
Montenegro Passport and Visa Free Travel
Acquiring a passport through citizenship by investment in Montenegro is a key benefit to the programme. A Montenegrin passport grants visa-free access to 137 countries and territories worldwide.
- Full family qualification including dependent children up to the age of 18 years.
- Live, Work and study within Montenegro
- Passport offering visa-free travel to 137 destinations
- Ease of obtaining Schengen visa for European travel
- No minimum stay requirement
montenegro Citizenship by investment Requirements
When applying for citizenship by investment in Montenegro the main applicant can include their spouse and dependent children up to the age of 18 years old under one family application. Applicants must have a clean criminal record, hold a valid passport or travel document and provide proof of the source of their funds. There is no minimum stay requirement and the application only takes an average of 6-12 months to be processed.
Please contact us for further details on the programme.
Investors need to purchase qualifying real estate at the minimum amount of €250,000 in the northern and central region or €450,000 in the coastal region. An additional government donation of €200,000 is required, plus application and due diligence fees.
Family and Applicant
Montenegro’s citizenship investment programme allows the main applicant to include their spouse and dependent children up to the age of 18 years old.
All applicants will need to be of good character and undergo the Montenegrin government’s due diligence formalities: Investors must provide:
- Police Reports – evidence of a clean criminal record
- Have no outstanding visa refusals
- Various documentation, including financial documents, employment/ business documents, ID, proof of address
There is no minimum stay requirement to renew and retain citizenship in Montenegro.
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