Черногория

About Montenegro Citizenship and Residency

Montenegro offers citizenship by investment program.

The Montenegro Citizenship by Investment Program was launched by the Government of Montenegro as part of its ongoing efforts to attract foreign direct investment and increase economic activity in the country.

The Montenegro Citizenship by Investment Program requires applicants to make a defined economic contribution to Montenegrin society through an investment in an approved development project, and a capital contribution to a fund designated by the government for the advancement of under-developed areas. In exchange, and subject to a stringent vetting and due diligence process, including thorough background checks, applicants and their families are granted citizenship.

Двойное гражданство

Successful applicants to the Montenegro Citizenship by Investment Program are exempt from the country’s restrictions on dual citizenship stipulated in Article 8 of the law on Montenegrin citizenship. Article 12 of the law states that citizenship may be exceptionally granted to individuals on the basis of special contributions (such as economic interest) to the country, which applies to successful program applicants.

Update 2022 – Montenegro will terminate its Citizenship by Investment program as of December 31st, 2022. 

Montenegro has extended the program’s termination from its original set date of December 31st, 2021 to December 31st, 2022. One of the reasons for this is the underwhelming demand for the Montenegro CBI program. Another reason is that the European Union – which Montenegro aspires to join – disapproves of the program. Montenegro will continue to receive applicants for the program until the set date only.

Montenegro Citizenship by Investment Program Options

Investment Option 1

— Investment of 250.000€ in a designated project* in the northern area.

*Designated project – a 4-star hotel or a mixed touristic complex, at least 35 accommodation units, a minimum total investment of 5.000.000€, and at least 25 new employees.

— Donation* of 200.000€ to Government funds: Montenegrin Innovation Fund and Development Fund.*.

* New rules since 1st of January 2022.

Investment Option 2

— Investment of 450.000€ in a designated project* in the coastal area of Montenegro or the capital city of Podgorica.

*Designated project —a 5-star hotel or a mixed touristic complex with at least 60 accommodation units, a minimum total investment of 15.000.000€, and at least 80 new employees.

— Donation* of 200.000€ to Government funds: Montenegrin Innovation Fund and Development Fund.*.

* New rules since 1st of January 2022.

 

Benefits Of The Montenegro Citizenship By Investment Program

• Visa-free or visa-on-arrival access to 123 destinations including Europe’s Schengen Area, Russia, and Turkey
• Citizenship in a country that is an official EU candidate country
• Citizenship in a multinational and multilingual European community that enjoys a mild Mediterranean climate, beautiful scenery, and a low cost of living
• Citizenship in a member state of the European Monetary Union, the NATO Alliance, OSCE, and the WTO
• Full citizenship is granted to the applicant and family members
• Investment in a development project operated by a renowned hotel brand
• Lifetime citizenship can be passed on to future generations by descent.
• The right to live and work in a safe and sound country.
• Second Citizenship in 6 short months.
• Dual citizenship is permitted.
• Montenegro is a politically and economically stable country.
• Low tax policies.
• No residency requirement.
• No previous education or management experience is required.

 

Montenegro Citizenship Requirements And Qualifications

• You are not an EU citizen
• You hold a valid passport
• You don’t have any sanctions, restrictions, or bans on entry to the EU, the US, the UK, or Canada
• You don’t have a criminal record and aren’t currently being investigated for serious crimes
• You’re able to confirm that your income is legal 
• You can verify that the source of the money you’ll use to pay for the investments is legal 
• You have an impeccable reputation, both business and personal
• You have a good credit history 
• You’re in good health 

Шаги и временная шкала

1. Go through a preliminary check with your agent.
2. Gather up all of the required documents and choose which real estate investment project you’d like to go for.
3. Fully pay for the investment and any government fees, and make the donation.
4. Submit your application and wait up to 6 months for an outcome; due diligence will be conducted.
5. Get a certificate of naturalization.
6. Travel to Montenegro to take a citizenship oath and provide your biometric data.
7. Receive your passport – your citizenship is issued for life.

 

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Privacy World can also help you with incorporating your company in Montenegro, assisting in getting you settled in the country and coordinating with you so that this experience will be less of a hassle.

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