Citizenship | Montenegro
Overview
Situated on the Balkan Peninsula in Southeastern Europe, Montenegro is known for its magnificent and unparalleled natural beauty. Emerging as a sovereign state in 2006, Montenegro is a member of NATO, uses the euro as its currency, and is an official candidate country for EU membership.
Investment: Minimum financial requirement of EUR 450,000 (investment of EUR 250,000 and a donation of EUR 200,000 to the country)
Processing time: Approximately eight–ten months from submission of the application to approval
Key benefit: The right of free movement to Montenegro, the countries in Europe’s Schengen Area, Russia, and Turkey, among others
Benefits of Montenegro Citizenship by Investment:
—–Visa-free or visa-on-arrival access to over 120 destinations including Europe’s Schengen Area, Russia, and Türkiye
—–Citizenship in a country that is an official EU candidate country
—–Citizenship in a multinational and multilingual European community that enjoys a mild Mediterranean climate, beautiful scenery, and a low cost of living
—–Citizenship in a member state of the European Monetary Union, the NATO Alliance, OSCE, and the WTO
—–Full citizenship granted to the applicant and family members
—–Investment in a development project operated by a renowned hotel brand
Requirements of Montenegro citizenship by investment
To qualify for the Montenegro Citizenship by Investment Program, the main applicant must be over 18 years of age, meet the application requirements, and make the qualifying contributions to the Government of Montenegro. There are two routes to choose from to qualify for the program:
—–An investment of EUR 450,000 to development projects in the capital of Podgorica or in the coastal regions
—–An investment of EUR 250,000 to development projects in northern or central Montenegro, excluding Podgorica
Procedures and Time frame of the Montenegro Citizenship by Investment Program
All applications are submitted through intermediary agents such as Henley & Partners, which have been officially accredited to the Government of Montenegro for this purpose. Once received by the relevant government department, applications are processed within eight to ten months.