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Citizenship of Montenegro

Fast and easy application processing

Citizenship of Montenegro

Fast and easy application processing

About the Program

Montenegro is an independent and sovereign Balkan country in South-East Europe. It is considered as one of the most naturally stunning and economically dynamic European countries. Montenegro is a host to a number of UNESCO World Heritage Sites.

Montenegro is a member of WTO, NATO, UN and is on its way to becoming a member of the European Union by 2025.

Citizenship by investment program of Montenegro was launched in late 2019 to boost foreign direct investment and develop its economy. It is the newest citizenship by investment program in the world and has a cap of 2,000 applications to be accepted by the government.

Citizens of Montenegro travel to over 120 countries visa-free.

To qualify for citizenship by investment program of Montenegro, an investor is required to purchase government-approved real estate and make a non-refundable Contribution to the Government Fund of Montenegro.

Benefits of Montenegro Citizenship

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Visa-free trips to over 120 countries. Ability to receive the E-2 visa to the USA

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No worldwide income tax, low corporate and personal income tax, and no tax on inheritance or gifts

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Citizenship is granted in around 4-6 months

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Only one visit is required to Montenegro after receiving Approval in Principle

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Dual citizenship is permitted

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Montenegro is planning to join the EU by 2025

Investment Options

Real Estate

To qualify for Montenegro citizenship by investment, the main applicant is required to purchase government-approved real estate. There are two options for such a purchase:

  • €250,000 investment in real estate in the northern part of Montenegro OR
  • €450,000 investment in real estate on the coast of Montenegro or in the capital city

Government Contribution

Additionally, the main applicant is also required to make a non-refundable contribution of €100,000 to the Government Fund of Montenegro. 

 

Number of applicants Contribution Real Estate Investment Due diligence fees Government Application fee
€100,000 €250,000/€450,000 €7,000  $15,000
€100,000 €250,000/€450,000 €10,000  €25,000 
€100,000 €250,000/€450,000 €10,000  €45,000 
€100,000 €250,000/€450,000 €10,000 + 1,500 per each additional dependant after the 4th €45,000 + €50,000 per each additional dependant after the 4th

Requirements

  • Be a non-EU citizen
  • Have no previous criminal record
  • The main applicant should be over 18 years old
  • Have a legitimate source of wealth
  • Good character
  • Have available the required investment funds
  • No outstanding visa denials in any visa free country with the passport of Montenegro

Who else can be included in the citizenship application:

  • Spouse of the main applicant
  • Dependent children of the main applicant below 18 years old
  • Adult children who are financially dependent on parents, live in the same household with parents and are not married

Stages of citizenship application

  • Initial consultation

    Initial free consultation with one of the GLS experts

  • Program information and due diligence check

    Detailed fee schedule and a free of charge preliminary due diligence check

  • Client agreement and retainer fee payment

    Signing of the client agreement and payment of the GLS service fee

  • Collection of documents, government and investment payments

    GLS team will assist with all the documents' preparation. The following payments are required: government, due diligence and application fees. Choose a real estate property and transfer contribution and investment amount to special escrow accounts

  • Receipt of the file by the Government

    Once the file has been received by the Government of Montenegro, there will be further due diligence and background checks performed

  • Approval in Principle

    Once the application has been approved, the Contribution and Real Estate investment funds will be released from the escrow account

  • Travel to Montenegro

    GLS will assist you in travelling to Montenegro to have biometrics collected

  • Naturalisation certificate

    Once the documents have been reviewed by the Government and a positive decision on the application has been made, the Naturalisation Certificate will be issued and handed over to the client

  • Passport application

    With the Naturalisation certificate we will apply for and receive your passport of Montenegro

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Montenegro

Capital:
Podgorica
Area:
13,812 km2
Population:
630,000 people
GDP:
$4,78 billion
Language:
Montenegrin
Coastline:
293 km

F.A.Q.

Is dual citizenship allowed in Montenegro?
Yes, Montenegro allows dual citizenship.
Can I enter Schengen and the UK with the Montenegrin passport?
You can enter Schengen zone with the Montenegrin passport for up to 90 days in 180 days. You would require a visa to enter the UK.
Does Montenegro have EU membership?
No, Montenegro is a candidate country for joining the EU in 2025.
What is the validity of Montenegrin passport?
The passport of Montenegro is valid for 10 years.
Is Montenegro a safe country?
Yes, Montenegro has low crime levels.

Contact Us

GLS Private Office offers global lifestyle solutions to established business people and their families. GLS operates as a one-stop-shop and is a single point of contact for wealthy families with a global mindset. The company takes care of every need of its globally-minded clients: from obtaining a second citizenship/residence by investment to finding the best schools for children’s education, global property acquisition, succession planning and many more. Ancillary services provided by GLS are limited to the extent of a client wish. Anything that can be priced, qualified, and quantified, we are ready to research, negotiate and manage.

Contact us and we will get back to you as soon as possible

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