All applications are submitted through intermediary agents such as Henley & Partners, which have been officially accredited to the Government of Montenegro for this purpose. Affordable investment in your future with fast processing time and flexible terms. €250,000 if a development project is located in the underdeveloped areas of Montenegro, namely in the northern and central regions of the country. One of our qualified advisors will get back to you today or next business day. Applicants can apply by investing in one of several government approved real estate development projects. Montenegro launched an exciting citizenship by investment (“CBI”) program in 2018 to attract foreign investors investing in Montenegro. The Montenegro Citizenship by Investment Program was introduced in 2019 by the Government with the goal to attract more international investors globally. Number: 01-288/2 Podgorica, 21 February 2008 President of Montenegro Filip Vujanovic, propria manu Law on Montenegrin Citizenship However, It is constantly taking … Then the investment program was closed after the international community criticised the government of Montenegro for issuing passports to applicants involved in corruption and fraud. Наш специалист свяжется с вами сегодня или на следующий рабочий день. The investment element ranges from €250,000 in the northern and central region to €450,000 in the coastal region. 13/2008). Montenegro Citizenship by Investment program – An overview, criteria, and benefits. Montenegro Citizenship by Investment Program Guide - Savory & Partners The Montenegrin citizenship by Investment program officially started taking applications in late 2019. There are also provisions for citizenship-by-investment, though the government has suspended the relevant guidelines in the face of European Union concern. 7Sky Immigration Citizenship, Second Passport, Residency visa for Montenegro by Investment Program, Real estate, Requirements and all information. Moldova is the cheapest citizenship by investment scheme while Montenegro is quite expensive The decision came into force on Jan 1, 2019 and will apply until Dec 31, 2021. The application procedure is efficient and transparent. and one of our team members will Информацию об обработке ваших персональных данных вы можете найти в нашей Политике конфиденциальности. Montenegro is a parliamentary representative democratic republic based on the rule of law and civil, democratic, ecological, social justice. 15 000 EUR for single Government Application fee plus each member 10 000 EUR up to 4 members, each member more is an additional 50 000 EUR. Get second citizenship by investment for the whole family with access to beneficial taxation and visa-free travel. Montenegro, the jewel of the Adriatic Sea and first in line to become the next European Union (EU) member state, is commencing its program of granting citizenship by investment.. 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. Invest in a real estate project approved by the government. By continuing to browse this website you are giving implied consent. Sectors of the economy that are targeted in the first place are tourism, agriculture and processing. Detailed information on how we process your data can be found on our privacy policy. Besides, it joined NATO in 2017 which guarantees social security and political stability. Мы перезвоним и подтвердим вашу запись. Montenegro citizenship by investment programme has been launched by the Montenegrin government recently. The Montenegro Citizenship-by-Investment Program requires applicants to make a defined economic contribution to Montenegrin society through an investment in an approved development project, and a capital contribution to a fund designated by the government for … It requires applicants to invest in one of the development projects across the country, in return investors and their family members will be granted citizenship after an … The number of applicants that will be granted a Montenegrin passport is capped at 2,000 for the next three years. Pay €100,000 to the Montenegrin government, which goes into their development fund, supposed to support infrastructure in non-tourist areas of the country. Years of debates and discussions followed. The Montenegro citizenship by investment program is a development mechanism for creating new jobs and raising living standards of the citizens. Starting in January 2019, the Montenegrin government launched a citizenship-by-investment program (CIP). Government of Montenegro announced the launch of its citizenship by investment programme in summer 2018 as a second attempt to offer foreign nationals its passport in return for their contribution to the country’s development. The Montenegrin government enacted a provisional law to be in force between 2018-2021, allowing foreigners to acquire Montenegro citizenship indefinitely if they meet certain conditions. The donations collected from citizenship program is to be used in the development of North of Montenegro Montenegro CBI scheme now open for applications effective from Oct 3, 2019. Ability to prove the source of funds intended to be used for the program. i. the montenegro and citizenship by investment What is the Government system like in Montenegro? The Montenegro citizenship by investment programme was launched in 2019. However, this is one of the friendliest countries in Europe, thus most of the applicants decide to move here with family members. Foreign direct investments from non-EU countries are expected to push the economy forward, create jobs and improve quality of life for the citizens of Montenegro. Or fill out one of the forms below Montenegro flirted with having a CBI program back in the mid-2000s. APEX Capital Partners is an official agent of the Montenegro Citizenship-by-Investment Program. If we know anything about the Balkans, it is that things tend to move slowly here. However, development projects will be implemented in other areas as well. © 2021 Henley & Partners Holdings Ltd All rights reserved. E-2 Visa Eligible. We have been helping clients make the right choice in their second citizenship planning. Citizenship by Investment. The investment element ranges from €250,000 in the northern and … Citizenship of Montenegro is the citizenship of Montenegro. Personal and business reputation is a key factor as well. Learn more about the Montenegro Citizenship by Investment program by contacting Savory & Partners. This program will be applied until December 31, 2021. The Special Investment Program applications will be accepted at the beginning of 2019. The Montenegro Citizenship-by-Investment Program requires applicants to make a defined economic contribution to Montenegrin society through an investment in an approved development project, and a capital contribution to a fund designated by the government for the advancement of under-developed areas. The Montenegro Citizenship-by-Investment Program was developed by the Government of Montenegro and was launched in 2019 as part of its ongoing efforts to attract foreign direct investment and increase economic activity in the country. Situated on the Balkan Peninsula in Southeastern Europe, Montenegro is known for its magnificent and unparalleled natural beauty. Donations in Government funds in the amount of 100 000 EUR. We use cookies on this site to ensure the most desirable user experience. Montenegro Citizenship By Investment program was launched on 3rd October 2019 and limited to only 2,000 applications, its offer one of the fastest routes to acquiring an alternative citizenship for investors and their family, in exchange for minimum real estate investment from €350,000 of the total capital amount required. The method takes into account a whopping 31 decision factors that are of importance to potential applicants. Applicants can apply by investing in one of several government approved real estate development projects. Place of irresistible and breath-taking natural beauty. The highly anticipated Montenegro Citizenship By Investment Program (Montenegro CBI) now affords third country nationals the opportunity to acquire a second passport in 3 months, with investments from only €250,000. 5-star living in the Caribbean paradise. Наш специалист ответит вам сегодня или на следующий рабочий день. THE MONTENEGRO AND CITIZENSHIP BY INVESTMENT. business day. 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 Citizenship by Investment Scheme is open to both EU and non-EU citizens – A Montenegro passport provides its holders an access over 124 destinations visa-free or visa-on-arrival including Europe’s Schengen Area, Russia, Singapore and Turkey – Montenegro is a future candidate for EU membership, expected by 2025 Looking to acquire investment citizenship and enjoy visa free travel to EU countries in 2021? The Montenegro citizenship by investment programme was launched in 2019. 250 000 EUR investment in land in an undeveloped territory in the north of the country. The citizenship program is planned to run till the end of 2021. 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. In the recent “Best Citizenships rankings” for 2020, Montenegro was ranked 3rd best citizenship by investment program. Applicants must pay. It is a limited citizenship by investment opportunity of only 2,000 investors approved for citizenship in the next three (3) years. FAST FACTS. The idea is to jumpstart foreign direct investment (FDI), especially in the undeveloped north, by offering citizenship to those who meet a few criteria. SARAJEVO (Reuters) - Montenegro has launched a programme offering citizenship to up to 2,000 foreigners in return for investment over the next three years to … Main applicant must be at least 18 years old. Step 1: Book an appointment with our specialists and sign a client agreement. Montenegro citizens have access to additional benefits and advantages, including a fast processing time, access to world-class healthcare and freedom of movement. The application process has been made more transparent to avoid the situation of 2010. Moldova has no limits. Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you. Article 12 of the law states that citizenship may be exceptionally granted to individuals on the basis of special contributions (such as economic interest) to the country, which applies to successful program applicants. Money must be invested in real estate, business or science projects. In exchange, and subject to a stringent vetting and due diligence process, including thorough background checks, applicants and their families are granted citizenship. Both Moldova and Montenegro passports do not have a visa free travel to United Kingdom, Canada, Australia and United States. €5 or €15 million investments in tourism or hotel projects with creation of jobs. It is regulated by a citizenship law, ratified by Parliament in 2008 and published by the Official Journal of Montenegro. Montenegro citizens have access to additional benefits and advantages, including a fast processing time, access to world-class healthcare and freedom of movement. – The Montenegro Citizenship by Investment Scheme is open to both EU and non-EU citizens – A Montenegro passport provides its holders an access over 124 destinations visa-free or visa-on-arrival including Europe’s Schengen Area, Russia, Singapore and Turkey – Montenegro is a future candidate for EU membership, expected by 2025 Minimum investment $100,000. This contribution will be directed to a special fund for the advancement of underdeveloped areas. Based on article 17 of the law regarding Montenegrin citizenship (“Official Gazette of MN”, no. Once received by the relevant government department, applications are processed within three months. About the Montenegro Citizenship Program After several years of planning, the Montenegro government in October 2018 announced the launch of their citizenship by investment program. Step 2: Get permanent residence in 3 weeks. Montenegro, the jewel of the Adriatic Sea and first in line to become the next European Union (EU) member state, is commencing its program of granting citizenship by investment.. One of our qualified advisors will call you back today or next business day. Заполните форму ниже для записи на консультацию. I. Montenegro economic citizenship program ( ekonomsko državljanstvo ), allows foreigners to be granted the citizenship of Montenegro at the discretion of the … Requirements for obtaining Montenegro’s economic citizenship, Your 5 steps to Montenegro’s citizenship by investment. These are: 1. The benefits of such program for investors are manifold – the opportunity to become a citizen of a beautiful European country that is experiencing one of the highest investment per capita in the Old … The Montenegro Citizenship-by-Investment Program was launched by the Government of Montenegro as part of its ongoing efforts to attract foreign direct investment and increase economic activity in the country. To be able to apply for this program, you should be at least 18 years of age, in good health, and without a criminal record. It is mainly based on jus sanguinis, and in general does not permit multiple citizenship, though there are exceptions. It is mainly based on jus sanguinis, and in general does not permit multiple citizenship, though there are exceptions. Find out more about this EU citizenship … Medical report … [22] Insurance policy in place to cover health insurance for the applicant and dependents. Applicants must have clean criminal record, have no breaches of international laws, be of good character, in good health and provide funds from a legal source. After several years of planning, the Montenegro government in October 2018 announced the launch of their citizenship by investment program. The Montenegro citizenship by investment scheme is quite popular among EU citizens as it does not require them to live here before or after being granted a Montenegro passport. What is the Government system like in Montenegro? The Montenegro Citizenship by Investment Program has recently established in 2018 through a special decision published in the Official Gazette of Montenegro 34/10, 40/16 and 62/18 and the program came into force on January 1, 2019. Montenegro is a limited citizenship scheme only accepts 2000 applications. ON THE PROMULGATION OF THE LAW ON CITIZENSHIP I hereby promulgate the Law on citizenship, which was enacted on 14 February 2008 by the Assembly of Montenegro on the second extraordinary session in 2008. No criminal record. Obtaining Citizenship in Permanent Montenegro - New Law The Montenegrin government enacted a provisional law to be in force between 2018-2021, allowing foreigners to acquire Montenegro citizenship indefinitely if they meet certain conditions. Applicants must pay. When Montenegro becomes a member of the EU in the future, you will be considered an EU citizen. Although the investment amount is much less than under the citizenship program, €100,000, passport can only be granted after 10 years of permanent residence and lawfully living in Montenegro. Get EU passport in 6 months and enjoy high standards of education and healthcare, benefit from favourable taxation and visa-free travel. Montenegro’s Citizenship by Investment Program. Citizenship of Montenegro is the citizenship of Montenegro. 13/08), the Government of Montenegro, on the conference on the 20th of May 2010 passed the decision that defined the criteria for determining the scientific, economic, business, cultural and sport interest of Montenegro for the acquisition of Montenegrin citizenship by admission. One of our qualified advisors will get back to you today or next business day. Have one of our qualified advisors contact you today. Minimum outlay €350,000; Processing time 3 months; Residency or travel requirements None; Freedom of movement 124 countries Investment Options 2 Overview The newest citizenship by investment programme on the CBI block, the Montenegro Special Citizenship by Investment Program (MSCIP) was launched in November … Additional €10,000 are charged for a maximum of 4 family members, and each extra dependant costs €50,000. 1. €450,000 if a project will be launched in the coastal regions of Montenegro and Podgorica, which are developed areas. Country video for the Montenegro Citizenship-by-Investment Program. https://www.artoncapital.com/global-citizen-programs/montenegro Contact us today to get expert advice. Please fill the form below to make an appointment. This right applies to all foreigners seeking to invest in Montenegro. We will contact you back to confirm your consultation. We offer personalised and confidential solutions for obtaining second citizenship by investment in the country of your choice. Learn more about the Montenegro Citizenship by Investment program by contacting Savory & Partners. Eligible dependants include spouse, children up to 26 years of age and parents over 65 years old. Montenegro Citizenship By Investment Program 2021 BREAKING: The Montenegro Parliament has just voted in favour of recognising same-sex civil partnerships, taking them one step closer to European Union (EU) accession and positioning them as the best Citizenship By Investment country for gay couples. If you meet any of the above conditions, you will be eligible for Montenegrin citizenship. All investors applying to get a Montenegrin passport are required to make a one-off non-refundable donation of €100,000 to the national fund in the form of the Government fee. MONTENEGRO CBI PROGRAMME. There are two routes to choose from to qualify for the program: In addition, there are government fees of EUR 100,000 per application. Subject to compliance with all requirements, you and your family will get passport in 6 months. Authorised & Regulated by OISC, F201700041, UK is named the best investment destination in the world, Road is still open for investors and businessmen to come to the UK, Property in Antigua – a home where the sun always shines, The island of St Kitts. There are two investment options, Montenegro is offering its applicants to acquire citizenship and residency under their citizenship by investment program which is as follows: An applicant is required to contribute €100,000 to the donation fund run by the government. The Montenegrin special citizenship by investment program (MSCBI) is a development mechanism for creating new jobs and raising living standards of the citizens. 2. 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. Investment to be maintained at least for 5 years. The Montenegro citizenship by investment program is a development mechanism for creating new jobs and raising living standards of the citizens. The Montenegro Citizenship-by-Investment Program requires applicants to make a defined economic contribution to Montenegrin society through an investment in an approved development project, and a capital contribution to a fund designated by the government for … Designed to attract foreign direct investments in real estate and government bonds, the program … Main applicant must be at least 18 year’s old. get back to you today or the next Our legal advisers are committed to providing customised solutions for your global needs. Visa-free or visa-on-arrival access to 124 destinations including Europe’s Schengen Area, Russia, and Turkey, 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 included family members, Political and economic stability, underpinned by a business-oriented government, An investment of EUR 450,000 to real estate projects in the capital of Podgorica or in the coastal regions, An investment of EUR 250,000 to real estate projects in northern or central Montenegro, excluding Podgorica. Minimum financial requirement of EUR 350,000 (real estate investment of EUR 250,000 and a donation of EUR 100,000 to the country), Approximately three months from submission of the application to approval, The right of free movement to Montenegro, the countries in Europe’s Schengen Area, Russia, and Turkey, among others. Successful applicants to the Montenegro Citizenship-by-Investment Program are exempt from the country’s restrictions on dual citizenship stipulated in Article 8 of the law on Montenegrin citizenship. Minimum investment €350,000. To become eligible for citizenship by naturalisation, foreign investors have to satisfy certain financial and other criteria. In addition to the rather strict mechanisms for naturalisation, Montenegro has a programme of citizenship-by-investment or economic citizenship (ekonomsko državljanstvo), allowing foreigners to be granted the citizenship of Montenegro at the discretion of the Ministry of Interior Affairs and Public Administration. Apart from the contribution amount mentioned above, applicants are offered to invest in one of the three investment options in government-approved real estate projects: To apply under the Montenegro’s citizenship program, the main applicant must pay an application fee of €15,000 if applying alone. Designed to attract foreign direct investments in real estate and government bonds, the program has received extensive press coverage since inception. They got a considerable amount of political flack over it and quickly shut the talks down. The program requires applicants to make a defined economic contribution to the country. It is regulated by a citizenship law, ratified by Parliament in 2008 and published by the Official Journal of Montenegro (No. Montenegro is a parliamentary representative democratic republic based on the rule of law and civil, democratic, ecological, social justice. Montenegro’s residence by investment Although the investment amount is much less than under the citizenship program, €100,000, passport can only be granted after 10 years of permanent residence and lawfully living in Montenegro. After years of consideration, in 2018 Montenegro finally decided to join the ever-expanding list of countries seeking to attract foreign direct investments through citizenship by investment programs. The Citizen by investment program of Montenegro is officially announced of new economic citizenship scheme on Oct 1, 2018 for foreign investors. Although Montenegro is not yet in the European Union, the process is underway to join the EU in six years. Learn more about your options for a Montenegrin second passport at APEX Capital Partners. Montenegro Citizenship Costs. Investment Options for Montenegro Citizenship Option 1 Investment from € 350 thousand A non-refundable contribution to the specially created state fund of Montenegro, the funds from which will be directed to the development of local government structures in accordance with the Law of Montenegro "On Regional Development". Money must be invested in real estate, business or science projects. Everything you need to know about citizenship and residence programs around the globe. Get citizenship through investment in development projects. Montenegro is located in the Balkans and considered a perfect blend of serene views and a modern lifestyle. Business or science projects over it and quickly shut the talks down countries in Europe, Montenegro was ranked Best. Applications will be accepted at the beginning of 2019 time, access to taxation. Financial and other criteria estate project approved by the relevant guidelines in the amount of political flack it! 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