Montenegro
WHY MONTENEGRO?
Montenegro became a sovereign state in 2006; it became a member of NATO in June 2017 and is on course for accession to the European Union by 2025, uses the euro as its official currency, and is a recognized candidate for EU membership.
In the nearby medieval town of Kotor, a UNESCO World Heritage Site, including Tara Canyon, Durmitor National Park, and the old town of Kotor is surrounded by a mountainous setting that serves as a backdrop for its Venetian, Austrian, and baroque-style structures. The main economic engine of this peaceful nation is tourism, and Montenegro consistently ranks among the top travel destinations in the world.
The country's most important industry is still luxury tourism, which is centered on Porte Montenegro, Tivat. This well-known town has a beautiful marina, a posh yachting neighborhood, bars, nightclubs, and upscale homes.
A number of UNESCO World Heritage Sites are also located in the nation.
According to the World Bank, Montenegro has one of the fastest-growing economies in the Balkans. The country is also quickly positioning itself as a crucial strategic location for some of the most significant sectors in the world.
Key Benefits Of Obtaining A Montenegro Citizenship By Investment Passport
- Citizenship obtained within 4 to 6 months.
- Visa-free access to 123 countries.
- Montenegro is on-track for EU Membership by 2025.
- Only one visit required after receiving the approval in principle to complete biometrics and collect passports.
- Low corporate and personal income tax and no tax on inheritance or gifts.
- Potentially one of the fastest growing real estate markets in Europe.
- Access to USA through the E2 Investor Visa treaty, giving citizens the ability to apply for the non-immigrant visa.
- No requirement to learn Montenegrin and English is widely spoken.
- Montenegro permits de facto/common-law relationships as part of a single application.
- The needed minimum investment is €250,000 in the northern regions and €450,000 in the more affluent southern regions, which includes the Adriatic coast.
- Real estate investments with average rental returns of 4–6% annually may be sold after five years to benefit from the rise in property values.
- Citizenship in a multicultural, multilingual society in Europe with a pleasant Mediterranean climate, stunning scenery, and affordable living costs
- The applicant and their family members are granted full citizenship.
- Investment in a development endeavor run by a well-known hotel chain.
REQUIREMENTS / INVESTMENT OPTIONS FOR MONTENEGRO
The primary candidate must be above 18, a non-EU citizen, be in good health, have a source of income that can be verified, and pass strict government diligence tests in order to be eligible for citizenship. The primary applicant also has to invest in a piece of property in a real estate project that has received government approval and make a non-refundable donation to a fund that will assist development in Montenegro’s north.
REAL ESTATE
By fulfilling one of the following requirements, an applicant can buy a property in a government-approved real estate project:
- Investment of EUR 450, 000 in property along the Montenegro coast or in the nation’s capital, Podgorica, OR
- An investment in real estate of EUR 25,000 on Montenegro’s northern coast.
DONATION
A non-refundable payment of a total of EUR 200,000 must also be made by applicants to the Montenegro government funds in addition to the real estate acquisition.
FEES
| MONTENEGRO | Principal Applicant | Family of Four (For each member) | Family of more than Four(For each additional member) |
|---|---|---|---|
|
Government Processing fees |
EUR 15,000 |
EUR 10,000 |
EUR 50,000 |
|
Government Due Diligence Fees |
EUR 7,000 |
EUR 10,000 |
EURO 1,500 |
Please note, additional charges may apply.
| MONTENEGRO | Contribution | Family of Four |
|---|---|---|
|
Contribution to MTG |
EUR 200,000 |
EUR 200,000 |
|
Real Estate Investment |
EUR 250,000/ EUR 450,000 |
EUR 250,000/ EUR 450,000 |
|
Processing Fees |
EUR 15,000 |
EUR 45,000 |
|
Due Diligence Fees |
EUR 7,000 |
EUR 10,000 |
|
Local Bank Charges
|
EUR 2,500 MNo matter the family size |
EUR 2,500 MNo matter the family size |
Sub - Total |
EUR 474,500/ EUR 674,500
|
EUR 507,500/ EUR 707,500
|
Please note, additional charges may apply.
Eligibility Requirements
- Have a non-EU nationality.
- Apply for the program through a registered agent.
- Send in all necessary documentation.
- Complete the required investment and contribution.
- Pass the background check and due diligence assessment.
- Own a passport or other acceptable travel document for foreign travel.
Application Process
Initial due diligence is performed.
Client signs agreement with our office and required information is collected
from the client for application documents.
Application is submitted to the government for review.
The file is received by the government and further due diligence and background checks with international law enforcement will be performed.
Upon approval, the client will conclude the real estate purchase and transfer the required funds.
The client will travel to Montenegro and our team will assist the client to submit their citizenship application.
Clients will receive their naturalization certificate and collect their passports.
