Montenegro grants citizenship to foreign investors according to its citizenship law of 2008, under economic investment (special investment category). 13/2008). Montenegro is expected to join the EU by 2025 and after that, the country becomes a part of the Schengen area. Nonetheless, on 3 October 2019, Montenegro officially launched its ‘citizenship by investment’ programme. There are different types of costs in this point. Investment. Better known by the name of ‘golden visa’, this now allows rich foreigners and their families to obtain citizenship by promising to invest hundreds of thousands of euro. Montenegro is accepting 2000 applicants through its citizenship by investment program. To be able to apply for this program, you should be at least … Requirements. Citizenship of Montenegro is the citizenship of Montenegro.It is regulated by a citizenship law, ratified by Parliament in 2008 and published by the Official Journal of Montenegro (No. Montenegro Citizenship by Investment was introduced in the year 2019 with the prime focus of providing Residency and Citizenship. Montenegro is t the latest country to launch a citizenship by Investment program. ENTRY CRITERIA €100,000 donation Citizenship by Investment. Podgorica, Montenegro (3 January 2019) -- It has been launched a development programme that provides the possibility for persons to acquire Montenegrin citizenship on the basis of investments in the following three years, based on a maximum of 2,000 applications. Montenegro Citizenship by Investment . Apart from EUR 350,000 investment, there is also provision for big investors eligible for citizenship by making EUR 5 million -10 million in five star hotel projects in Montenegro. Montenegro launches its Citizenship by Investment Programme (CBIP) with the aim of encouraging and facilitating foreign direct investment. Montenegro’s passport gives access to over 120 countries visa free including EU Schengen countries. The first three licenses issued to three agents are below and these licenses issued from Jun 11, 2019 until Jun 10, 2020 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 investment requirements are as follows: • €100,000 (£84,438, $113,486) in the form of a Government Fund Donation, and Starting in January 2019, the Montenegrin government launched a citizenship-by-investment program (CIP). The Special scheme will only … The investment is divided into two parts €250,000 in the Northern and Central Region €450,000 for the coastal region. Applicants need to fulfill the following criteria: Be a citizen of a non-EU country. MONTENEGRO CITIZENSHIP BY INVESTMENT. The Montenegro Investment Agency has officially published list of approved development projects (mostly hotels in tourism areas) will eligible under special citizenship by investment of Montenegro. 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 State Secretariat of Development projects (CBI unit) , responsible for the special citizenship investment program of of Montenegro, has published the first licenses of authorized agents along with application forms for CBI investors and family members.. On the southern coast of Montenegro and Podgorica: Minimum 60 rooms 5 Star Hotel with at least 15 Million EUR investment and 80 employees In July 2018, the government of Montenegro announced that it would be launching its own Special citizenship by investment programme (SCIP) for non-EU citizens. However, if you’re set on a Montenegrin passport, you’ll need to become the proud owner of an apa As of the beginning of 2019, The Government has launched Montenegro Citizenship by Investment program which aims at attracting Foreign Investment to support public projects as well as the development of … Montenegro Citizenship Programme for Investment Applications under the Montenegro citizenship programme for investment started to be accepted at the end of 2019. ; Montenegro is a candidate country for EU membership in 2025 Rather, the costs depend on the type of investment you prefer. Applicants can apply by investing in one of several government approved real estate development projects. Montenegro offers citizenship-by-investment in an official EU candidate. This special citizenship program for investments is only limited to 2000 investors and will run only for limited time for three years. Newly launched economic citizenship by investment program opening for applications end of 2019; EUR 250,000 one time investment in development projects approved by Government plus EUR 100,000 contribution to Government (Grant + Investment model. Montenegro Citizenship by Investment. Possess a valid passport or another document for foreign travel. From EUR 350,000. Montenegro had in the past offered economic citizenship to investors from … According to Medojević, there will not be a place either for those working with dirty money nor persons of interests to the security services in this Programme. The Montenegrin citizenship by Investment program officially started taking applications in late 2019. The Special citizenship scheme is expected to commence by end of 2019, as previously announced by the secretariat. Montenegro Citizenship by Investment Program. 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. Applicants must pay. The Montenegro citizenship by investment programme was launched in 2019. Costs of Montenegro Citizenship by Investment Program. MONTENEGRO Citizenship by Admission Program: Program start date January 2019: Investment Type (Proposed) Touristic Hotel Investments. Montenegro launched a brand-new Citizenship By Investment program in November 2019, and the program is still active as of May 2020. The Montenegro Citizenship by Investment Programme started on 1 January 2019, and it will be limited to 2,000 investors over three years. Since it’s a direct jump to citizenship (as well as residency) it’s covered in more detail in the guide on how to get Montenegrin citizenship . Montenegro citizenship by investment programme has been launched by the Montenegrin government recently. Montenegro will start accepting applications on 1 January 2019, it said in a statement. The window for applications opened on 1 January 2019 and is designed to last for a limited period of three years. Perhaps the most important question besides the other advantages of the Montenegron citizenship program is the question of the costs. During summer 2018, the government announced a Montenegro residency by investment program. Unlike other CBI options, however, Montenegro is not yet part of the European Union, although this is expected to change in … The Montenegro citizenship by investment program is a development mechanism for creating new jobs and raising living standards of the citizens. Montenegro launched its Citizenship by Investment Program in 2019, offering a less expensive citizen option than other European countries. The Montenegrin citizenship scheme opens door to hotel developers and resorts participating in the economic development of Montenegro catering tourism market which received over 2 million tourists in 2017. Montenegro CBI unit appoints 3 authorized marketing agents and 2 due diligence providers. Contact us for an obligation-free consultation. Montenegro economic citizen by investment program to officially open in force effective on Jan 1, 2019. The idea is to jumpstart foreign direct investment (FDI), especially in the undeveloped north, by offering citizenship to those who meet a few criteria. It is mainly based on jus sanguinis, and in general does not permit multiple citizenship, though there are exceptions. The economic citizenship program will be open for applications from Jan 1, 2019, and the scheme is limited to 2000 applications and will run for three years. Effective January 2019 this program is available for up to 2,000 applicants from non-EU countries (with no restricted list of countries), for a limited period of 3 years. The program started from January 1, 2019. At the same time, Moldova's CIP program has been suspended until December 2020. It is located in southeast Europe in the Balkan region. The scheme will last for three years, during which time a maximum of 2,000 applicants will be granted citizenship. Montenegrin Citizenship by Investment. Montenegro citizenship by investment 2021, Montenegro Golden Visa Program from Dubai, UAE - This Program provides a fast track for qualified investors to acquire a Permanent Residency by Investment in Montenegro. Montenegro officially launched is special citizenship investment scheme in 2018 and fully open for first applications from 2019/2020. This site uses Akismet to reduce spam. Montenegro is not a part of the EU however by 2025 they will be included in the EU. 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