In 2018, Montenegro announced the launch of the Citizenship by Investment program, and in November 2019 it was launched. However, the process of obtaining a passport was suspended by the coronavirus crisis.

However, the other day, a citizen of Russia received the first passport through the Citizenship by Investment program. The investor was able to come to the country, submit biometric data, and obtain a passport as soon as the borders were opened.

In order to obtain Montenegro Citizenship by Investment, you must:

Invest in real estate in the north of the country (from €250,000);
Invest in real estate in the south, coastline and in Podgorica (from €450,000);
Additionally, make a contribution of €100,000.

All documents can be submitted remotely, but within a month after submitting and approving the application, the investor must come to the country to obtain the status of a permanent resident of Montenegro. And only after six months is citizenship granted.

It is important that upon obtaining Montenegrin citizenship you do not need to give up your original citizenship.

News-Archive

Montenegro Issued The First "Golden Passport" To A Russian Citizen