CITIZENSHIP BY INVESTMENT
MONTENEGRO
In July 2018, the Montenegrin government announced the launch of the Montenegrin citizenship by investment program. The first applications for obtaining Montenegrin passports for investment began to be accepted from January 2019. In December 2021, the program was extended until the end of 2022.
TIME OF PROCESSING 6 MONTHS
VISA-FREE TRAVELS TO 124 COUNTRIES
RETURN ON INVESTMENT 5 YEARS
Investors pass due diligence, make a non-refundable contribution to a government fund, and acquire a stake in a government-approved real estate project — a resort or hotel. In return, applicants and their family members receive Montenegrin passports.
Montenegro is a Balkan country in Southeastern Europe with the Adriatic Sea coast to the south. Its dramatic natural beauty, including the imposing mountains surrounding the coast, inspired the 15th-century Venetians to call it Monte Negro, or Black Mountain.
Montenegro
Heroic highlands, picturesque bays overlooking the royal blue Adriatic Sea, ancient Venetian villages and cities listed as a UNESCO World Heritage Site attract both domestic and foreign tourists.
Montenegro is rapidly becoming one of the most popular destinations for business people seeking investment, mobility, security and a better quality of life.
ABOUT THE COUNTRY
PODGORICA
GET ALL THE BENEFITS THAT THE PROGRAM OFFERS
BENEFITS
EASE OF OBTAINING
CITIZEN OF THE WORLD
DOING BUSINESS
Quick residence permit in 3 weeks and citizenship in 6 months
EU candidate country (expected in 2025)
There is no language proficiency requirement. There is no requirement to renounce first citizenship
Quick residence permit in 3 weeks and citizenship in 6 months
EU candidate country (expected in 2025)
There is no language proficiency requirement. There is no requirement to renounce first citizenship
Visa-free trips to Schengen countries, UAE, Singapore
To visit the Schengen area, citizens of Montenegro receive permission in the ETIAS online system
With a Montenegrin passport, you can spend up to 90 days in the country of the Schengen zone in half a year
The Montenegrin passport allows an investor to come to Montenegro at any time — even if the borders are closed. An investor can stay in the country for an arbitrarily long time
Visa-free trips to Schengen countries, UAE, Singapore
To visit the Schengen area, citizens of Montenegro receive permission in the ETIAS online system
With a Montenegrin passport, you can spend up to 90 days in the country of the Schengen zone in half a year
The Montenegrin passport allows an investor to come to Montenegro at any time - even if the borders are closed. An investor can stay in the country for an arbitrarily long time
The personal income tax rate in Montenegro is 9%
Citizens of Montenegro can obtain an E-2 visa to the United States, which allows them to live and work in the country
To do this, you need to establish or buy a business in the United States. Typically, investors invest in a project in US from USD 100,000
The personal income tax rate in Montenegro is 9%
Citizens of Montenegro can obtain an E-2 visa to the United States, which allows them to live and work in the country
To do this, you need to establish or buy a business in the United States. Typically, investors invest in a project in US from USD 100,000
To be eligible for Montenegrin citizenship under its Citizenship by Investment program, you must select an investment option.
INVESTMENT OPTIONS
PRICE
OPTION 1
Investments in the northern part of Montenegro
OPTION 1
Investments in the northern part of Montenegro
The investor simultaneously fulfills two financial conditions: makes a non-refundable contribution to a specially created state fund of Montenegro in the amount of EUR 200,000, acquires a share in a real estate project worth EUR 250,000.
The project must be approved by the government of the country to participate in the citizenship program and be located in the northern or central part of Montenegro, with the exception of the capital Podgorica. The list includes resort complexes and hotels.
The project must be approved by the government of the country to participate in the citizenship program and be located in the northern or central part of Montenegro, with the exception of the capital Podgorica. The list includes resort complexes and hotels.
The investor simultaneously fulfills two financial conditions: makes a non-refundable contribution to a specially created state fund of Montenegro in the amount of EUR 200,000, acquires a share in a real estate project worth EUR 250,000.
The project must be approved by the government of the country to participate in the citizenship program and be located in the northern or central part of Montenegro, with the exception of the capital Podgorica. The list includes resort complexes and hotels.
The project must be approved by the government of the country to participate in the citizenship program and be located in the northern or central part of Montenegro, with the exception of the capital Podgorica. The list includes resort complexes and hotels.
OPTION 2
Investments in the coastal region of Montenegro
OPTION 2
Investments in the coastal region of Montenegro
If an investor purchases a share in a real estate project located in a metropolitan or coastal region, the value of the share must be at least EUR 450,000. Other financial conditions remain unchanged.
If an investor purchases a share in a real estate project located in a metropolitan or coastal region, the value of the share must be at least EUR 450,000. Other financial conditions remain unchanged.
MAIN REQUIREMENTS FOR THE PRINCIPAL APPLICANT
2
No criminal record on the applicant
No pending visa denials
3
Verify origin of funds
4
1
The minimum age is 18 years old
ASSOCIATED COSTS
Agency professional service fees, official application forms, citizenship certificate and passport form, banking fees, certification of documents, courier services and other costs are the only related costs.
For each specific case, a detailed description is provided with no hidden costs.
For each specific case, a detailed description is provided with no hidden costs.
ASSOCIATED COSTS
Agency professional service fees, official application forms, citizenship certificate and passport form, banking fees, certification of documents, courier services and other costs are the only related costs.
For each specific case, a detailed description is provided with no hidden costs.
For each specific case, a detailed description is provided with no hidden costs.
Our task is to simplify the collection of documents as much as possible.
We will guide you through every step of the process with due diligence and care to ensure your application is filed correctly and is tracked prior to approval.
We will guide you through every step of the process with due diligence and care to ensure your application is filed correctly and is tracked prior to approval.
procedure for obtaining citizenship
PROCEDURE
Passport renewal
Remote selection of a real estate project
Preliminary check
Getting passport
Submission and approval of the application
Collecting documents and opening an account
Payment of fees and investments
1 business day
Preliminary check
Documents of investors are checked by a lawyer who knows about all the nuances of due diligence. He is looking for facts in his personal or business biography that may prevent him from obtaining Montenegrin citizenship.
Pre-Check Due Diligence reduces the risk of being denied citizenship after verification to 1%. The check is confidential. The investor provides only a passport.
Pre-Check Due Diligence reduces the risk of being denied citizenship after verification to 1%. The check is confidential. The investor provides only a passport.
1 - 2 days
Remote selection of a real estate project
An employee of the company selects for the investor several projects from the list approved by the Government of Montenegro. The investor chooses a project and concludes an agreement on the purchase of a share in the project.
From 2 weeks
Collecting documents and opening an account
The investor receives an individual list of documents that must be provided in order to obtain Montenegrin citizenship.
Lawyers fill out government forms, translate and certify documents, open two escrow accounts in Montenegro for the investor, one for paying a non-refundable fee, the second for buying a share in the project.
The collection of documents and the opening of accounts go hand in hand with the selection of a property.
Lawyers fill out government forms, translate and certify documents, open two escrow accounts in Montenegro for the investor, one for paying a non-refundable fee, the second for buying a share in the project.
The collection of documents and the opening of accounts go hand in hand with the selection of a property.
7 days
Payment of fees and investments
The investor transfers EUR 200,000 to the escrow account of the state fund, EUR 250,000 or EUR 450,000 to the escrow account of the developer.
Payments will be released by the bank only after the approval of the application for Montenegrin citizenship. Otherwise, the money will return to the investor.
Also, the investor pays Due Diligence and administration fee. These are sunk costs, their amount depends on the composition of the investor’s family.
Payments will be released by the bank only after the approval of the application for Montenegrin citizenship. Otherwise, the money will return to the investor.
Also, the investor pays Due Diligence and administration fee. These are sunk costs, their amount depends on the composition of the investor’s family.
3 months
Submission and approval of the application
Lawyers submit the investor’s package of documents, including proof of payments, to the Citizenship Program Department. The application is considered within three months.
The program department notifies the company of the pre-approval of the application. The bank transfers money from escrow accounts to the settlement accounts of the fund and the developer. After that, the program department finally approves the investor’s application and invites him to submit biometric data.
The program department notifies the company of the pre-approval of the application. The bank transfers money from escrow accounts to the settlement accounts of the fund and the developer. After that, the program department finally approves the investor’s application and invites him to submit biometric data.
1 - 2 days
Getting passport
To obtain passports, the investor and his family come to Montenegro and submit biometric data.
Lawyers pre-register the investor for the delivery of biometrics. Passports will be ready 24 hours after biometrics is submitted.
They are received personally by the investor and members of his family.
Lawyers pre-register the investor for the delivery of biometrics. Passports will be ready 24 hours after biometrics is submitted.
They are received personally by the investor and members of his family.
1 WEEK
Passport renewal
Montenegrin passports are issued for 10 years and are renewed in the usual way.
To renew, the investor and his family members need to come to the country and pay a state fee of EUR 35. An application for renewal of a passport is submitted to the Ministry of Internal Affairs of Montenegro.
To renew, the investor and his family members need to come to the country and pay a state fee of EUR 35. An application for renewal of a passport is submitted to the Ministry of Internal Affairs of Montenegro.
1 business day
Preliminary check
Documents of investors are checked by a lawyer who knows about all the nuances of due diligence. He is looking for facts in his personal or business biography that may prevent him from obtaining Montenegrin citizenship.
Pre-Check Due Diligence reduces the risk of being denied citizenship after verification to 1%. The check is confidential. The investor provides only a passport.
Pre-Check Due Diligence reduces the risk of being denied citizenship after verification to 1%. The check is confidential. The investor provides only a passport.
1 - 2 days
Remote selection of a real estate project
An employee of the company selects for the investor several projects from the list approved by the Government of Montenegro. The investor chooses a project and concludes an agreement on the purchase of a share in the project.
From 2 weeks
Collecting documents and opening an account
The investor receives an individual list of documents that must be provided in order to obtain Montenegrin citizenship.
Lawyers fill out government forms, translate and certify documents, open two escrow accounts in Montenegro for the investor, one for paying a non-refundable fee, the second for buying a share in the project.
The collection of documents and the opening of accounts go hand in hand with the selection of a property.
Lawyers fill out government forms, translate and certify documents, open two escrow accounts in Montenegro for the investor, one for paying a non-refundable fee, the second for buying a share in the project.
The collection of documents and the opening of accounts go hand in hand with the selection of a property.
7 days
Payment of fees and investments
The investor transfers EUR 200,000 to the escrow account of the state fund, EUR 250,000 or EUR 450,000 to the escrow account of the developer.
Payments will be released by the bank only after the approval of the application for Montenegrin citizenship. Otherwise, the money will return to the investor.
Also, the investor pays Due Diligence and administration fee. These are sunk costs, their amount depends on the composition of the investor’s family.
Payments will be released by the bank only after the approval of the application for Montenegrin citizenship. Otherwise, the money will return to the investor.
Also, the investor pays Due Diligence and administration fee. These are sunk costs, their amount depends on the composition of the investor’s family.
3 months
Submission and approval of the application
Lawyers submit the investor’s package of documents, including proof of payments, to the Citizenship Program Department. The application is considered within three months.
The program department notifies the company of the pre-approval of the application. The bank transfers money from escrow accounts to the settlement accounts of the fund and the developer. After that, the program department finally approves the investor’s application and invites him to submit biometric data.
The program department notifies the company of the pre-approval of the application. The bank transfers money from escrow accounts to the settlement accounts of the fund and the developer. After that, the program department finally approves the investor’s application and invites him to submit biometric data.
1 - 2 days
Getting passport
To obtain passports, the investor and his family come to Montenegro and submit biometric data.
Lawyers pre-register the investor for the delivery of biometrics. Passports will be ready 24 hours after biometrics is submitted.
They are received personally by the investor and members of his family.
Lawyers pre-register the investor for the delivery of biometrics. Passports will be ready 24 hours after biometrics is submitted.
They are received personally by the investor and members of his family.
1 WEEK
Passport renewal
Montenegrin passports are issued for 10 years and are renewed in the usual way.
To renew, the investor and his family members need to come to the country and pay a state fee of EUR 35. An application for renewal of a passport is submitted to the Ministry of Internal Affairs of Montenegro.
To renew, the investor and his family members need to come to the country and pay a state fee of EUR 35. An application for renewal of a passport is submitted to the Ministry of Internal Affairs of Montenegro.
Our specialists will contact you to discuss the problem, conduct an analysis, offer options that suit your request and select the best service provider.
INDIVIDUAL SELECTION OF THE PROGRAM AND SUPPORTING THE CLIENT
CONSULTATION
Citizens of Montenegro can enjoy visa-free or visa-on-arrival regimes in 124 countries and territories around the world.
ACCESSIBLE WORLD
COUNTRY
* Visa on arrival / eTA
124
COUNTRIES
Albania
Andorra
Antigua and Barbuda
Argentina
Armenia
Austria
Azerbaijan
Bangladesh
Belarus
Belgium
Benin
Bolivia
Bosnia and Herzegovina
Brazil
Bulgaria
Cambodia
Cape Verde
Chile
Colombia
Comoros
Costa Rica
Ivory Coast
Croatia
Cuba
Cyprus
Czech Republic
Denmark
Djibouti
Dominica
Ecuador
Egypt
Estonia
Eswatini
Ethiopia
Finland
France
Gabon
Gambia
Georgia
Germany
Greece
Grenada
Andorra
Antigua and Barbuda
Argentina
Armenia
Austria
Azerbaijan
Bangladesh
Belarus
Belgium
Benin
Bolivia
Bosnia and Herzegovina
Brazil
Bulgaria
Cambodia
Cape Verde
Chile
Colombia
Comoros
Costa Rica
Ivory Coast
Croatia
Cuba
Cyprus
Czech Republic
Denmark
Djibouti
Dominica
Ecuador
Egypt
Estonia
Eswatini
Ethiopia
Finland
France
Gabon
Gambia
Georgia
Germany
Greece
Grenada
Guinea
Guinea-Bissau
Haiti
Hungary
Iceland
India
Iran
Israel
Italy
Jamaica
Jordan
Kenya
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liechtenstein
Lithuania
Luxembourg
Madagascar
Malawi
Malaysia
Maldives
Malta
Mauritania
Mauritius
micronesia
Moldova
Monaco
Mozambique
Nepal
Netherlands
Nicaragua
North Macedonia
Norway
Pakistan
Palau
Panama
Peru
Poland
Portugal
Guinea-Bissau
Haiti
Hungary
Iceland
India
Iran
Israel
Italy
Jamaica
Jordan
Kenya
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liechtenstein
Lithuania
Luxembourg
Madagascar
Malawi
Malaysia
Maldives
Malta
Mauritania
Mauritius
micronesia
Moldova
Monaco
Mozambique
Nepal
Netherlands
Nicaragua
North Macedonia
Norway
Pakistan
Palau
Panama
Peru
Poland
Portugal
Qatar
Romania
Russia
Rwanda
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Singapore
Slovakia
Slovenia
Somalia
South Korea
Spain
Sri Lanka
Suriname
Sweden
Switzerland
Tajikistan
Tanzania
Timor Leste
Go
Trinidad and Tobago
Tunisia
Turkey
Tuvalu
Uganda
Ukraine
United Arab Emirates
Uruguay
Uzbekistan
Vatican
Vietnam
Zambia
Zimbabwe
Romania
Russia
Rwanda
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Singapore
Slovakia
Slovenia
Somalia
South Korea
Spain
Sri Lanka
Suriname
Sweden
Switzerland
Tajikistan
Tanzania
Timor Leste
Go
Trinidad and Tobago
Tunisia
Turkey
Tuvalu
Uganda
Ukraine
United Arab Emirates
Uruguay
Uzbekistan
Vatican
Vietnam
Zambia
Zimbabwe
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