Montenegro Citizenship by Investment Program
Montenegro Citizenship by investment program started in 2019, offering citizens less expensive options than other European countries. However, unlike other CBI powers, Montenegro is not yet part of the European Union, although it is expected to change in 2025. Nevertheless, the country is a member of NATO, and citizens can enjoy visa-free travel in more than 124 countries. The E-2 agreement program allows Montenegrin residents to live and work in the United States. In addition to offering affordable citizenship, the processing is also quite fast, and accommodation is obtained in just three weeks, while citizenship approval is obtained in six months. Applicants for this program are required to invest either EUR 250,000 in government-approved property in the North or EUR 450,000 in the South. Investors also need to donate EUR 100,000 to the Montenegrin government. Applicants do not need to live in Montenegro to maintain their citizenship. Families need to spend five days in the country in just five years.
Which Family Members Can Be Added in the Same Montenegro Citizenship by Investment Application?
Montenegro Overview
Montenegro may be small, but it has a big heart with friendly, hospitable people, charming mountain ranges, and charming beaches.
Language
Montenegrin
Currency
Euro
Total Area
13,812 Km²
Capital
Podgorica
Government
Parliamentary Republic
Population
622,359
Montenegro Passport Benefits
Applicants for Montenegro's Citizenship by Investment Program are required to contribute EUR 100,000 to government funds, as well as to invest in real estate and real estate projects. Properties in the less developed northern parts of the country need to cost at least EUR 250,000, while in the bustling southern, coastal areas they will cost € 450,000 or more. Applicable Property Immovable Powers are pre-approved by the Government of Montenegro. Investors usually receive their passports within 6 months of applying, and to renew they are required to travel to Montenegro for five days over five years.
Montenegro citizenship by investment cost
- Real Estate Investmentin the northern region €250,000
in the southern region €450,000 - Government donation€100,000
- Application fees€15,000 for a single applicant
€10,000 per dependent for up to 4 dependents
€50,000 per dependent for the fifth dependent and more - Due diligence fees€7,000 for a single applicant
€10,000 for a family up to 4 persons
€1,500 for the fifth and next dependent, per person
Montenegro Visa Free Countries
Over the past number of years, the Montenegrin government has been successfully working on expanding its list of Visa-free countries.
How to Qualify for Montenegro citizenship?
Book a Free Consultation
Book a Free Consultation with Our Expert Advisors Today!
Fill out the form and our Expert Advisor will reach out to you.
