Montenegro Citizenship Program

The Montenegro Citizenship Program enables individuals to obtain citizenship within a time frame of 6 months by making a minimum investment of €350,000 in real estate. This investment qualifies participants for visa-free travel to 124 countries, including those within the Schengen area.

Montenegro Citizenship by Investment Program

In 2019, Montenegro introduced its Citizenship by Investment Program, which offers a more affordable route to citizenship than other European countries. While Montenegro is not yet part of the European Union, it is a NATO member, and citizens can travel visa-free to over 124 countries. Montenegro citizens can also take advantage of the E-2 Treaty Program to live and work in the United States. The citizenship processing time is relatively fast, with residency taking just three weeks and citizenship approval within six months.

To apply for the program, investors must either invest €250,000 in government-approved property in the northern region or €450,000 in the southern region. Additionally, applicants must make a €100,000 donation to the Montenegrin government. There is no requirement for investors to live in Montenegro to maintain their citizenship, and families are only required to spend five days in the country during a 5-year period. Montenegro is expected to join the European Union by 2025.

Which Family Members Can Be Added in the Same Montenegro Citizenship by Investment Application?

• The Montenegro Citizenship by Investment Program allows the following family members to be included in the same application:
• Spouse of the main applicant
• Children under 26 years old who are financially dependent on the main applicant
• Parents and grandparents who are 65 years or older

It’s important to note that all family members included in the application must meet the eligibility criteria and go through the necessary background checks. Additionally, each family member included in the application will require a separate investment, as well as any additional fees and costs associated with the application process.

Montenegro Citizenship and Passport Benefits

• The Montenegro Citizenship by Investment Program offers the following benefits to investors:
• Visa-free access to over 120 countries and territories, including the Schengen zone.
• The right to live permanently in Montenegro, although it is not mandatory.
• No language test is required for the citizenship application.
• Montenegro has one of the most favorable income tax rates in the world.
• The citizenship processing time is relatively fast, taking only six months.
• Montenegro is a candidate for European Union membership, which could bring additional benefits in the future.

Overall, the Montenegro Citizenship by Investment Program offers investors a fast, efficient, and affordable way to obtain citizenship in a country with a favorable tax environment and promising future prospects as a member of the European Union.

Montenegro Citizenship Through Real Estate Investment

To obtain Montenegro citizenship through real estate investment, applicants must participate in the Montenegro Citizenship By Investment Program. This program requires a contribution of €100,000 to a government fund, as well as an investment in pre-approved real estate projects. The cost of the property investment depends on its location, with a minimum of €250,000 required for properties in the less-developed northern region, and €450,000 or more for properties in the bustling southern coastal region. The government of Montenegro has pre-approved real estate options available for investment.

Investors typically receive their Montenegro passports within six months of submitting their application. To maintain their citizenship, investors need to visit Montenegro for at least five days over the course of five years. This requirement is for passport renewal purposes.

Montenegro Citizenship by Investment Cost

The total cost for obtaining Montenegro citizenship through investment includes the following fees:

1. Real Estate Investment: Applicants are required to invest a minimum of €250,000 in the northern region or €450,000 in the southern region in pre-approved real estate options.
2. Government Donation: A contribution of €100,000 to the government fund is mandatory.
3. Application Fees: Application fees for a single applicant are €15,000. For up to four dependents, the fee is €10,000 per dependent. For the fifth dependent and beyond, the fee is €50,000 per dependent.
4. Due Diligence Fees: Due diligence fees are charged for background checks and are €7,000 for a single applicant, €10,000 for a family of up to four persons, and €1,500 for each additional dependent beyond the fourth.

It’s important to note that additional fees may be applicable for legal and professional services, as well as other costs associated with the investment in real estate options.

How to Qualify for Montenegro Citizenship

To qualify for Montenegro citizenship, applicants must meet the following requirements:

1. Age: The main applicant must be 18 years of age or older.
2. Nationality: Investors must be a third-country national, meaning they cannot hold citizenship in the EU or EFTA.
3. Clean Record: Applicants must have a clean criminal record and must not have any sanctions or bans that would prevent entry into specific countries, including those in the EU, the UK, the USA, or Canada.
4. Legitimate Funds: Investors must prove that their money has been legally acquired and must have a good credit history.
5. Good Health: Applicants must be in good health.

Meeting these requirements is necessary to qualify for the Montenegro Citizenship By Investment Program.