Montenegro

Citizenship by Investment Program

Montenegro is at the heart of discovery, beauty, and opportunity. Long considered the pearl of the Balkans, this nation represents the ideal symbiosis between a natural and modern world. As one of the fastest growing economies in the Balkans, Montenegro is quickly becoming a key destination for investors seeking mobility, security, and increased quality of life.

WHY CHOOSE MONTENEGRO?

Montenegro’s natural beauty and sophistication aren’t the only reasons why the nation is attracting vast opportunity for growth and development. Its recent independence and strategic position have also influenced Montenegro to become central to some of the most important industries in the world.

Discover a world of benefits within Montenegro:

  • Fast procedure. Residency within 3 weeks and approval of citizenship within six months.
  • Dependents under 18 years of age are also granted citizenship with main applicants.
  • No language requirements.
  • No obligation to relinquish current nationality.
  • NATO Member.
  • Candidate country for future expansion of the EU, expected by 2025.
  • E-2 Treaty Program signed between Montenegro and the United States which allows citizens of Montenegro to reside and work in the U.S. under an E-2 Investor Visa.
  • Global mobility with access to 116 nations visa-free.
  • Strategic geographical location in Europe with direct access to Adriatic Sea.
  • Porto Montenegro; one of the world’s finest yachting marinas.
  • An outstanding holiday destination.

Qualifications

To qualify for residency or citizenship, applicants must fulfill one of the investment options below in addition to meeting the following criteria:

  • Possess a valid passport or another foreign travel document.
  • Provide documents supporting the source and origin of invested funds.
  • Hold no criminal record.
  • Attest the power of attorneys and the investment agreement.

INVESTMENT OPTIONS

Government Fund Donation

Applicants must make a contribution of €100,000 in the form of a government fund donation for the Development of Underdeveloped Municipalities Fund.

Update: Starting 2022, applicants are required to make an additional contribution of €100,000 in the form of a government fund donation for the Innovation Fund.

 

Real Estate Investment

In addition to the donation, applicants are required to invest in approved real estate projects in the country. Depending on where the selected projects are, applicants will have the choice of the following investment levels:

  • €250,000 investment in an undeveloped region (north of the country), or
  • €450,000 investment in a developed region (south of the country).

IS MONTENEGRO PART OF THE EUROPEAN UNION?

Montenegro is on the current agenda for the future enlargement of the EU and has opened several negotiating chapters. The country enjoys widespread support among EU member officials and accession of the country to the EU is considered possible by 2025.

IS MONTENEGRO A MEMBER OF NATO?

Montenegro is a member of the UN, NATO, the World Trade Organization, the Organization for Security and Co-operation in Europe, the Council of Europe, and the Central European Free Trade Agreement.

IS MONTENEGRO A TOURISTIC DESTINATION?

With Montenegro’s prominent natural beauty, breathtaking shorelines and landscapes, as well as one of the world’s most spectacular yachting harbors, the country attracts over 2 million visitors each year.

WHEN IS THE MONTENEGRO INVESTOR PROGRAM DEADLINE?

The program was initially launched in 2019 and set to run for three years until Dec 31st, 2021, with a maximum number of applicants fixed at 2,000. Following interruptions with COVID-19 — the program is widely viewed as a limited offer that may expire anytime.

DOES MONTENEGRO HAVE A STRONG ECONOMY?

According to the World Bank, Montenegro is one of the fastest growing economies in the Balkans and is quickly becoming a key destination for some of the most important industries around the world due to its strategic position. The official currency of Montenegro is the Euro.

NEXT STEPS:

ARTON INDEX SCORE

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Updated yearly, the Arton Index is an overall assessment and comparative benchmark of the country and its investment program.


Montenegro

642,550

Population Growth: -0.28%

17 400 USD

GDP (per capita)

GDP (purchasing power parity)

11.01 billion USD

127

Visa free countries


LOCATION

Southeastern Europe, between the Adriatic Sea and Serbia

CAPITAL

Podgorica

DIFFERENCE

UTC +2

TOTAL AREA

13,812 sq.km.

AGE DEMOGRAPHICS

0-14: 15.10%, 15-24: 9.58%, 24-54: 46.59%, 55-64: 13.58%, 65+: 15.14%

LANGUAGE

Serbian 42.9%, Montenegrin (official) 37%, Bosnian 5.3%, Albanian 5.3%, Serbo-Croat 2%

RELIGIONS

Orthodox 72.1%, Muslim 19.1%, Catholic 3.4%, atheist 1.2%

GOVERNMENT TYPE

Parliamentary Republic

CURRENCY

Euro (EUR)

EXCHANGE RATE

1 USD = 0.89 EUR

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