Montenegro Citizenship By Investment 2021: Everything You Need to Know
/Montenegro is a country located on the Balkan Peninsula that delights travelers with incredible nature and beauty. Since 2006, Montenegro is a sovereign country that is part of NATO and is a candidate for EU membership.
Montenegro's Citizenship by Investment Program was launched in 2019 to attract more wealthy foreigners. The Montenegrin passport opens its owner visa-free travel to 124 countries around the world.
At the end of 2021, the program ceases to exist, so investors still have the opportunity to have time to submit an application and obtain citizenship and a passport of Montenegro.
Applicants can apply by investing in one of several government-approved real estate development projects.
1. Government Fund Donation:
Applicants must make a contribution of € 100,000 in the form of a government fund donation.
2. Real Estate Investment:
In addition to the donation, applicants are required to invest in approved real estate projects in the country such as Porto Montenegro’s latest neighborhood - Boka Place.
Minimum investment into real estate: € 450 000
For the purpose of the costs of the procedure, applicants must make payment to the program in the amount of:
Main applicant € 15,000
Each qualifying dependent for up to four dependents € 10,000
Each qualifying dependent for the fifth and every next dependent € 50,000
Applicants must cover the fees for the due diligence as well as the relevant processing fees by the licensed, Government approved agent.
What are the benefits of obtaining Montenegrin citizenship?
Fast process, residency within 3 weeks
Approval of citizenship within six months
No language requirements
No obligation to relinquish current nationality
NATO Member
Candidate country for future expansion of the EU, expected by 2025
Global mobility with access to 124 nations visa-free
Strategic geographical location in Europe with direct access to Adriatic Sea
An outstanding holiday destination
FIND OUT MORE ABOUT MONTENEGRO CITIZENSHIP BY INVESTMENT
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