
Montenegro
Citizenship-by-Investment Program
Official Name: Montenegro
Capital: Podgorica
Region: Southeastern Europe, between the Adriatic Sea and Serbia
Official Language: Montenegrin
Surface Area: 13,812 km2
Population: 614,249 inhabitants (July 2018 est.)
Currency: Euro
GDP: $11.08 billion (2017 est.)
GDP per Capita: $17,800 (2017 est.)
Member of European Union: no
Member of Schengen-Area: yes, since 2009
Henley Passport Index: Ranked 45th with 123 destinations visa -free access
Benefits
Full citizenship, with passport rights, for all applicants
Visa-free access to 123 destinations, including all the countries in Europe’s Schengen Area, Singapore, Hong Kong, United Arab Emirates, Turkey, and other countries
No language requirements
Montenegro is a candidate for EU membership
Montenegro is considered as one of Europe’s popular luxury and tourist destinations
Requirements
To qualify for the program the applicants may choose to fulfil out of the two following investment components:
An investment of EUR 450,000 to projects in developed areas, or
An investment of EUR 250,000 to projects in underdeveloped areas.
In addition, a contribution of EUR 100,000 per application must be deposited. This contribution will be directed to a specific fund for the progress of underdeveloped areas.
Further, applicants must be free from criminal record, fraud, malpractice, financial fraud or indemnities.
Process
The exact costs and procedures will be officially announced soon.
Costs
The exact costs and procedures will be officially announced soon.
Important Points to Consider
According to the Governments official decision, the Montenegro Citizenship-by-Investment Program is limited to just 2,000 applicants and will only be available for a three-year period.
Montenegro has entered into an association agreement with the EU, and is aiming to become a candidate country of EU membership.
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