Montenegro Citizenship by Investment

The Montenegro Citizenship-by-Investment Program was for many years anticipated as a soon to be front runner around EU CBI Programs. Since the Programs’s official launch in October 2019, it has steadily grown from strength to strength. With a government-approved real estate purchase, access to the EU, and expeditious processing it continues to be an outstanding offering to investors and those looking to future-proof wealth and their family’s Global access. Although the Program was scheduled to come to an end at the end of 2021 it has since been extended for a further 12 months, running until the end of 2022. The below details are in line with the updated legislation and requirements.

Benefits

– Fastest processing for available EU Citizenship, the processing is done in about 3 months.

– Visa-Free Travel Over 121 countries worldwide Free movement in Europe’s Schengen Area, (26 EU states), Hong Kong, Singapore, and Russia

– No physical Residence Requirements before or after processing

– Montenegro has one of the lowest personal income tax rates in the world, fixed at just 9-11%

– The Montenegro-USA, E-2 Treaty, enables citizens to both set up a business in the USA and to reside therein

– No obligation to relinquish current nationality

– Montenegro is a member state of the European Monetary Union, the NATO Alliance, OSCE and an official EU candidate

Requirements

Option 1:

The first option is available when investing in Government approved real estate in the Northern and Central Regions of Montenegro (Not including the Capital Podgorica). The minimum investment required in this case is EUR 450,000. Along with the real estate investment there is a Government Donation requirement of EUR 200,000. The real estate must be retained for a minimum period of 3-years

Option 2:

The second real estate option which again is Government approved real estate is when purchasing in the South, the Coast, or the Capital Podgorica. The minimum threshold, in this case, is EUR 550,000 and again must be retained for a minimum of 3-years. Again, this is accompanied by the required Government Donation of EUR 200,000

Process & Timelines

Prior to submission, the relevant Government Fees are payable. Along with this the required real estate investment amount and Government Donation will be transferred into an allocated Escrow Account. Approval is then usually granted within 3 months at which stage the funds are released from escrow and the Passports are then delivered

Visa-Free Access