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global investment

Montenegro Investment Program

programme

Legal basis

On the basis of the Decision on the criteria, method and procedure of electing person who can acquire Montenegrin citizenship by admission for realisation of special investment program which has special meaning for economic interest of Montenegro, the Montenegro Economic Citizenship Program (MECP) 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 programme requires applicants to make a contribution to a development fund, as well as to invest in development projects approved by the Montenegrin Government.

The Montenegro Citizenship by Investment Program will be open only for 2,000 applicants from only non-EU countries for a limited period of three years only.

Eligibility

Citizenship

KEY REQUIREMENTS
INVESTMENT
CONTRIBUTION
GOVERNMENT PROCESSING FEES
  • Main Applicant: Min. Age 18 years
  • Investment in Gov Approved Projects
  • Non-Refundable Contribution to the Government Fund
  • Main Applicant in good standing with clean Criminal Conduct
  • Non-EU national
  • Pay Government Fees

To be able to submit an application under the Montenegro Citizenship by investment program, an applicant must be at least over the age of 18 and contribute to the economy of Montenegro by paying a non-refundable contribution to a government fund as well as to invest in government approved development projects.

The applicant is required to invest in development projects which were approved by the Government. The investment can be made either in developed or under developed regions:

  • €250,000 in development projects in underdeveloped regions of Montenegro (North and Central Montenegro, excluding Podgorica); or
  • €450,000 in development projects in developed regions of Montenegro (seaside and Capital City – Podgorica).

The Government approved development projects, can be from the field of Tourism, Agriculture and the Manufacturing Industry.

To be able to submit an application under the Montenegro Citizenship by investment program, an applicant must be at least over the age of 18 and contribute to the economy of Montenegro by paying a non-refundable contribution to a government fund as well as to invest in government approved development projects.

The applicant is also required to contribute to the economy of Montenegro by paying a non-refundable contribution of €100,000 a Government Fund which fund will go be used for the development of underdeveloped areas.

To be able to submit an application under the Montenegro Citizenship by investment program, an applicant must be at least over the age of 18 and contribute to the economy of Montenegro by paying a non-refundable contribution to a government fund as well as to invest in government approved development projects.

The Applicants are also required to settle the Government fees for the applicant and the family members included in the application as below:

  • Main Applicant: €15, 000
  • Spouse: €10,000
  • Dependent 1: €10,000
  • Dependent 2: €10,000
  • Dependent 3: €10,000
  • Dependent 4 (and onwards): €50,000

The contribution and the investment funds are to be transferred to an ESCROW account upon submission of the application, and shall be transferred to the respective accounts upon receipt of in principle approval from the Competent Authority.

To be able to submit an application under the Montenegro Citizenship by investment program, an applicant must be at least over the age of 18 and contribute to the economy of Montenegro by paying a non-refundable contribution to a government fund as well as to invest in government approved development projects.

Timeline

Application

PROCESS
BENEFITS

PREPARATION TIME

  • Preparing supporting docs and application file

PROCESSING TIME

  • Review of the citizenship application
  • Due Diligence checks
  • Verification of source of funds

COMPLIANCE TIME

  • Contribution to Government Fund
  • Investment in Government approved project
  • Fast track application: 6 months
  • No min. physical stay prior, during or after Citizenship
  • Visa free travel to 123 countries, including Schengen Area, Russia, Brazil and Turkey
  • Dual citizenship allowed
  • Montenegro is a Prospective EU member state
  • Family members included and transferable to descendants
regulations

Popular guides

Montenegro at a glance
Located in South-Eastern Europe, Montenegro (Black Mountain or Crna Gora) is called the Pearl of the Balkans. With a Mediterranean climate on the coast and continental climate inland, this country attracts a lot of visitors also due to the picturesque shoreline and an average of 180 sunny days a year. Over the past years Montenegro has developed into a stable democratic jurisdiction with a fast-growing market economy. Open economy and business-friendly environment has become one of the cornerstones of the Montenegrin economic policy. Montenegro is a candidate-country to join EU, and it is expected to enter the European Union in 2025. Until then, citizens of Montenegro can enjoy visa free travel through the European Schengen area, Russia, Brazil, Turkey and many others.
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