Montenegro Citizenship By Investment Programme

CAPITAL CITY: PodgoricaCURRENCY: Euro €TIME ZONE: Central European Time Zone (UTC -01:00)                         POPULATION: 640,000TOTAL AREA: 13,812 km²VISA FREE COUNTRIES: 123 Countries, including the EU’s Schengen Area, Russia, Brazil and Turkey LANGUAGES: MontenegrinNEAREST COUNTRY: Croatia, Italy, Bosnia & Herzegovina, Serbia, Kosovo, Albania

• Visa free travel to 123 Countries, including Schengen Area, Russia, Brazil and Turkey 
• Fast Track application: 6 months 
• No min. physical stay prior, during or after Citizenship 
• Family members included and transferable to descendants 
• Montenegro is a Prospective EU member state
• Dual Citizenship Allowed 

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 programme requires applicants to make a contribution to the government as well as to invest in government-approved projects. Applicants and their family members will also be subject to a due diligence process before being able to acquire the citizenship of Montenegro.   

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

• Main Applicant must be at least 18 years of Age 
• Only Non-EU nationals may apply 

Investor must pay a non-refundable contribution of €100,000 to Government Fund for developing the underdeveloped areas, as well as to invest in Government approved development projects, as per below: 

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

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