Montenegro Citizenship by Investment Program

Individual Freedom

• Instant Citizenship
• Dual Citizenship is permitted
• No requirement to reside in Montenegro
• No language requirement
• No interview, education or management experience required
• The citizenship is passed to next generation

Visa Free Travel

• Instant travel to 125 Countries including Schengen zone, Bulgaria, Cyprus, Romania, Russia, Turkey, Hong Kong, and Singapore.
• E1 and E-2 Visa: Montenegro to U.S.A.
  Business Advantages

Business Advantages

• Favorable taxation regime. Montenegro offers one of the lowest personal income tax rates in Europe starting at 9% and one the best conditions for freely doing business in the EU – the corporate tax rate is only 9%.
• Strategic geographical location in Europe.
• Candidate country for the EU (integration process to be completed by 2025).

In more details;

An applicant may acquire Montenegrin citizenship by admission on the basis of a special program if:
1) For the purpose of the costs of the procedure, he has made a payment to the payment account of the Competent Body in the amount of:
– EUR 15,000.00 for the applicant
– EUR 10,000.00 for each family member, up to four members at maximum
– EUR 50,000.00 for each next family member.
2) Has deposited on the ESCROW account an amount of EUR 100,000.00 intended for the development of less developed local self-government units for the purpose referred to in Article 18 of the Law on Regional Development;
3) Has deposited on the ESCROW account an amount of at least EUR 450,000.00 for the purpose of investing in some of the development projects in the Capital of Podgorica or the coastal region of Montenegro or an amount of at least EUR 250,000.00 for the purpose of investing in some of the development projects in the northern or central region of Montenegro, save for the Capital of Podgorica;
4) Has not been sentenced in Montenegro or another state by a final and binding court decision to an unconditional prison sentence of more than one year for a criminal offense prosecuted ex officio or the legal consequences of the conviction for such criminal offence have ceased;
5) The international due diligence agent has given a positive opinion, including proof of the origin of the money intended for payment and investment in accordance with this Decision.

LARGE INVESTMENTS

Montenegro encourages large investment development projects in Tourist or hotel developments;
1. Resorts and Hotels
– €15 million tourism developments in the coastal region or the capital Podgorica, employing at least 80 employees and have at least 60 accommodation units
– € 5 million in the northern or central region, except the capital Podgorica, at least 25 employees and 35 accommodation units
The list of development projects in the field of tourism will be approved by the Government, at the proposal of the Ministry of Sustainable Development and Tourism.
2. Agriculture
– Investment primary agricultural production is at least € 2,000,000 and create at least 10 jobs
3. Wood processing
– Investment of €4 million and employing at least 20 people
4. Fisheries
– Investment of at least €3.5 million in fisheries and processing products and employing 20 people