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.
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?
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.
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.
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.
The total cost for obtaining Montenegro citizenship through investment includes the following fees:
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.
To qualify for Montenegro citizenship, applicants must meet the following requirements:
Meeting these requirements is necessary to qualify for the Montenegro Citizenship By Investment Program.
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