(Source: Government of Montenegro)
Montenegro is a country located in the west-central Balkans at the southern end of the Dinaric Alps. It is bounded by the Adriatic Sea and Croatia (southwest), Bosnia and Herzegovina (northwest), Serbia (northeast), Kosovo (east), and Albania (southeast).
Montenegro’s administrative capital is Podgorica, though its cultural centre is the historical capital and older city of Cetinje. For much of the 20th century, Montenegro was a part of Yugoslavia, and from 2003 to 2006 it was a component of the federated union of Serbia and Montenegro.
Montenegro has a strategic geographic location in Europe with direct access to Adriatic Sea. Porto Montenegro is one of the world’s finest yachting marinas. Montenegro is an outstanding holiday destination.
Montenegro is in a special position at the moment, as the EU accession is expected to happen in 2025. Montenegro recognized its opportunity to accelerate its economic development by attracting investments with a citizenship program for up to 2,000 foreigners.
Investors are aware that the net cost of obtaining citizenship in Montenegro is the lowest compared to other European programs.
The Montenegro Economic Citizenship Program (MECP), also known as the “Special Investment Scheme” was launched in 2018 and it allows investors the opportunity to obtain the citizenship of Montenegro in exchange for investment in the country.
The Montenegro economic citizenship program (ekonomsko državljanstvo), allows foreigners to be granted the citizenship of Montenegro at the discretion of the Ministry of Interior Affairs and Public Administration through a designated investment.
Montenegro announced new citizen by investment scheme for acquiring Montenegrin citizenship by admission on the basis of a special investment programme based on a special decision published in the Official Gazette of Montenegro 34/10, 40/16 and 62/18.
The scheme was announced on Oct 1, 2018 and will run for only for three years offering investment citizenship to 2000 foreign investors.
To qualify for residency or citizenship, applicants must fulfill one of the investment options below in addition to meeting the following criteria:
The major advantages of Montenegrin citizenship are:
Applicants must make a contribution of €100,000 in the form of a government fund donation.
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:
The following is a list of fees that will be incurred when obtaining citizenship by investment in Montenegro. Contact GLI for the current cost for each item below:
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