In addition to all these, Montenegro is stated every year as a popular tourist destination along with Greece, Spain and other popular countries by well-known tourism guides like Lonely Planet. What you must know, there are also many other Countries who will have in the future a solution for Dual citizenship, like Montenegro has with its Dual citizenship Montenegro. Months. The citizenship is also possible for large scale investments in tourism and agriculture projects as Montenegro offers low tax policy for established businesses and individuals. Applicants must have clean criminal record, have no breaches of … Montenegro Citizenship by investment program grants the applicant and applicant’s family visa-free access to more than 122 countries including the European Union. Dual citizenship is allowed. 12 pages | English and Arabic | 1.2 mb. If one person is legally recognized as a citizen of the two countries then he/she has dual citizenship. Definition: This entry provides information related to the acquisition and exercise of citizenship… 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. Not all countries allow their citizens to have dual citizenship. Montenegro is a country that allows dual citizenship, so obtaining your second, third or subsequent passport won’t be a problem. Montenegro Citizenship. 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. This process implies that you have a permanent residence in that country for several years. Dual Citizenship Montenegro does not impose any restrictions on dual citizenship for successful applicants. Citizenship: citizenship by birth: no . Montenegro Citizenship by Investment – an Attractive European Program. 350,000. Your information is confidential. They have the option of either investing EUR250,000 in government-approved projects in under-developed regions of Montenegro (northern and central region except Podgorica), or EUR450,000 in government-approved projects in developed regions of Montenegro (coastal region and Podgorica). It also offers you other great benefits which include superior safety, security and an excellent educational system. The program allows dual citizenship and has one of the lowest personal income taxes rates in the world 9-11%. In order to shorten the time of obtaining citizenship, some countries approve the status of permanent residence for people who marry their citizens. Share. Dual citizenship. Full citizenship and passport with the right to live, work and study in Montenegro. Please check back soon. Currently, the only … 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. Montenegro does not accept dual citizenship: applicants must renounce all other citizenships. Montenegro Citizenship by Investment Program - Official Website. E1/E2 Treaty. Citizenship of Montenegro is the citizenship of Montenegro. Permanent residency status is granted after solely three weeks upon submission of the application. This allows investors to manage their wealth more efficiently and effectively. Factbook > Countries > Montenegro > Government. The concept of citizenship in Montenegrin law can be traced back to the laws promulgated in 1803 by Petar I Petrović-Njegoš, which articulated the principle of jus sanguinis in reference to Crnogorac (Montenegrins) and Brdjanin (Highlanders), and then to the legal code of 1855, which reiterated the earlier principles and also granted foreigners the right to reside in Montenegro. However, those acquiring dual citizenship after June 3, 2006 may only keep their dual citizenship with countries that have signed a bilateral agreement with Montenegro. The Citizen by investment program of Montenegro is officially announced of new economic citizenship scheme on Oct 1, 2018 for foreign investors. The official currency is Euro and country’s GDP is $11.3 billion. There are many benefits to having dual citizenship, some of which are: If your country experiences any unrest, your country's passport can always help you. A New Attractive European Program. There are also provisions for citizenship-by-investment, though the government … Montenegro had a conflict-filled history in the 20th century and its track record as a stable democracy is relatively short. Citizenship is passed by descent. … We here at Passport Legacy aim to help investor attain a secondary Montenegro Passport from Dubai. Montenegro economic citizenship program (ekonomsko državljanstvo), allows foreigners to be granted the citizenship of Montenegro … Citizenship of Montenegro is the citizenship of Montenegro. N/A. At this point, only Macedonia has signed such an agreement. The law prescribes the conditions upon which an applicant can acquire naturalisation in exchange for a financial contribution. Montenegro permits dual citizenship in very limited circumstances. Montenegro Citizenship by Investment Program. Montenegro allows holding dual citizenship and does not requires relinquishing previous citizenships under the new economic citizenship scheme. Montenegrin citizenship may be granted to a person, in accordance with the interests of Montenegro, if they apply for the citizenship and fulfill the following requirements: They are 18+ years of age. The vast majority of Kosovar refugees have obtained permanent Montenegro offers an efficient solution for the international investors, businessmen and high income earners in terms of acquiring a second passport. There are several ways to acquire another nationality and the appropriate passport. Morocco: Yes: Mozambique: No: Myanmar, Burma: No: Namibia: Yes: Dual citizenship allowed only for Namibian citizens by birth. http://www.klo.co.me/. Dual citizenship is allowed. Do I have to travel to Montenegro before or after obtainment of Citizenship … Montenegro has a attractive coast and a mountainous northern region with over 1.6 million tourists visiting the country. To become eligible for citizenship by naturalisation, foreign investors have to satisfy certain financial and other criteria. Montenegrin citizenship can be acquired either by origin, birth in certain cases, naturalisation or international agreements and treaties. We are developing solid investment opportunities for our clients around the world to acquire a permanent residence, a second passport and a second citizenship. Phones: 4, Budva  Montenegrin Citizen by Investment. Factbook > Countries > Montenegro > Government. You may decide to invest and benefit … Other than these exceptions, according to Article 24 of the Montenegrin Citizenship Law, the consequences of non-registration and non-renunciation of a second citizenship amount to the loss of citizenship of Montenegro. Residency Requirement. Dual citizenship is allowed. Applicants for the Montenegro Citizenship Programme must invest in real estate within the country. HQ & other location: Dual citizenship is allowed. ☝ Dual citizenship is allowed Special investor program Place of irresistible and breath-taking natural beauty. Nevertheless, the country is a NATO member, and citizens can enjoy visa-free travel to over 124 countries. Montenegro signs the European Convention on Nationality but rejects dual citizenship. On the southern coast of Montenegro and Podgorica: Minimum 60 rooms 5 Star Hotel with at least 15 Million EUR investment and 80 employees. But there are a few exceptions. Not all countries allow their citizens to have dual citizenship. During the first year itself, Montenegro received a huge number of applications, many of which were rejected. 810000 Podgorica, +382 67 27 078 Montenegro … Please note: the program is designed for 3 years, and the … No min. 6. One of the exceptions refers to citizens who were the holders of dual citizenship before Montenegro declared independence on 3rd June 2006. American politician who has served as a member of the Arizona House of Representatives. A facet which adds further esteem to the Montenegro Citizenship programme is the country’s active pursuit of EU membership. In addition, an exception is made for those who acquired citizenship by naturalisation pursuant to the criteria pertaining to the Special Program of Investments of Special Significance for Commercial and Economic Montenegrin Interest, which took effect on 1st January 2019. The country has set itself a target of granting just 2,000 citizenships during its initial three-year period. Montenegro Citizenship by investment program grants the applicant and applicant’s family visa-free access to more than 122 countries including the European Union. 130 WhatsApp: +66 990 918 357 For most people, the road to a passport will be a fairly intensive process. Economic citizenship. 85310 Budva, Montenegro Montenegrin citizenship can be acquired either by origin, birth in certain cases, naturalisation or international agreements and treaties. There are many more benefits of holding multiple passports. Processing time for 3 – 6 months. ©   GCI - Global Citizenship Investment. You also won’t have to renounce any other citizenship. Minimum Investment. They have a legal and uninterrupted residence in Montenegro over a period of 10 years, prior to applying for Montenegrin citizenship… Montenegro is situated on the Balkan Peninsula, in southeastern Europe. The EU citizenship can be acquired also by spouse, children and dependants of the main applicant as … The application to attain this citizenship through investment is a also a brisk one, taking up only 6 months. Montenegro allows dual citizenship you are not obliged to relinquish your current citizenship nor to learn the Montenegrin language. But there are a few exceptions. Citizenship in Montenegro is regulated by the Montenegrin Citizenship Law of 2008, and it is based on the principle of ius sanguinis. EB5 BRICS can help you navigate Montenegro Economic Citizenship Programme (MECP) through our presence in conjunction with our Legal Partner. Montenegrin citizenship solution. That may lead some to wonder: Can I keep my current citizenship and become a dual citizen of Montenegro?The short answer is no. People such as students or workers must have permanent residence status in order to count as permanent residents. That may lead some to wonder: Can I keep my current citizenship and become a dual citizen of Montenegro? The citizenship program offered by Montenegro was launched in June 2018. Dual citizenship … adults who acquired Montenegrin and Japanese citizenship by birth must declare, to the latter's Ministry of Justice, before turning 22, which citizenship they want to keep. residency requirement for naturalization: 10 years . For example, some countries tax only revenues from that country and do not yield capital gains to taxes. They are: 1. Double citizenship holders are entitled to a number of benefits provided by each country you are holding passport of. On the basis of the international treaties and agreements referred to in paragraph 1 of this Article, dual citizenship may be established, on the condition that it is reciprocal. Taxation Montenegro has a favourable tax regime with resident individuals paying between 9% and 11% of their personal income. [email protected] EB5 BRICS Phone: +1 (213) 344-5941 … You can include your spouse and dependent children under the age of 18. 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. Dual & Multiple Citizenships are legally possible in Montenegro and there is no language requirements. WHAT DO USE OF DUAL CITIZENSHIP? Citizenship: citizenship by birth: no . They were released from citizenship of another country. Montenegro Citizenship. Montenegro is a country located in southeastern Europe with amazing natural beauty that stretches on the shores of the Adriatic Sea and rugged mountains and forests and has borders with Croatia and Bosnia and Herzegovina in the north, and is bordered by Serbia to the northeast, Kosovo to the east, and Albania to the … It is very important to double check whether your country allows dual citizenship before trying to get it. Your information is confidential. Dual citizenship. A passport comes as a benefit of full citizenship in Montenegro. Our team speaks English, Hindi, Urdu and Punjabi. MONTENEGRO Citizenship by Admission Program: Program start date January 2019: Investment Type (Proposed) Touristic Hotel Investments. Minimum Investment. Permitted. How to Get Montenegrin Citizenship. Requirements for obtaining Montenegro’s economic citizenship. Real Estate. The Montenegro Citizenship by Investment Program will be limited to only 2,000 applicants over a three-year period. There is no CFC legislation. Dual Citizenship Montenegro citizens WHAT IS DUAL CITIZENSHIP? The main benefits of having a dual nationality are: having political and social rights in several countries; more visa-free travel opportunities; opportunity to own property and assets; new business opportunities. (GCI Unit Montenegro) Dual Citizenship Allowed; Montenegro is a Prospective EU member state; Family members included and transferable to descendants; Montenegro Citizenship Consultant. The latter may include an investment of either €250,000 in development projects in under-developed regions of Montenegro, or €450,000 in development projects in developed regions of Montenegro. The foreign companies of Montenegrin citizens are not subject to coercive registration in Montenegro, which guarantees maximum confidentiality of international business ownership. citizenship by descent only: at least one parent must be a citizen of Montenegro . There is no CFC legislation. You search for Dual citizenship Montenegro and would like to get more Information about the existing Programs from Montenegro. These are birth, naturalization, marriage, and investment. If t… Steve Montenegro. Processing time for 3 – 6 months. If one person is legally recognized as a citizen of the two countries then he/she has dual citizenship. Republican 2018 Secretary of State Arizona. In … Montenegro Citizenship by Investment Program (CIP) is a fast track channel to a second passport. Montenegro Citizenship by Investment Program ⏩ MIGRONIS Confidential citizenship process ⚡ Get Montenegro passport in 6 months! Fast Track application: 6 months. Dual Citizenship Montenegro citizens WHAT IS DUAL CITIZENSHIP? Based on article 17 of the law regarding Montenegrin citizenship (“Official Gazette of MN”, no. It is mainly based on jus sanguinis, and in general does not permit multiple citizenship, though there are exceptions. It is very important to double check whether your country allows dual citizenship before trying to get it. 2. III CESSATION OF MONTENEGRIN CITIZENSHIP Article 19 E-Mail: Montenegro was ranked 49th out of the total of 188 … No restriction on Dual Citizenship. Montenegro allows its citizens to hold foreign citizenship in addition to their Montenegrin citizenship. Montenegro allows its citizens to hold foreign citizenship in addition to their Montenegrin citizenship. The program allows dual citizenship and has one of the lowest personal income taxes rates in the world 9-11%. Unlike other CBI options, however, Montenegro is not yet part of the European Union, although this is expected to change in 2025. Not all countries allow their citizens to have dual citizenship. All rights reserved. In accordance with the law “On citizenship of Montenegro”, the local authorities do not disclose the names of the people who have acquired citizenship of the country by investment, by naturalization, or by the use of the honorable citizenship instrument. It is certainly desirable to check the requirements of your country if you want to get citizenship this way. It is regulated by a citizenship law, ratified by Parliament in 2008 and published by the Official Journal of Montenegro. As Montenegro swiftly works its’ way towards EU ascension, acquiring Montenegrin passport today can be an excellent investment in your future! We are currently researching Steve Montenegro’s political policies. Global Office Locations. BENEFITS OF MONTENEGRO CITIZENSHIP. Some countries, however, do not permit multiple citizenship e.g. Montenegro recognises dual nationalities and does not require to renounce the current citizenship. The foreign companies of Montenegrin citizens are not subject to coercive registration in Montenegro, which guarantees maximum confidentiality of international business ownership. The country has set itself a target of granting just 2,000 citizenships during its initial three-year period. However, there are a few exceptions to this rule. ☝ Dual citizenship is allowed Special investor program Montenegro recognises dual nationalities and does not require to renounce the current citizenship. Montenegro has signed E1 and E2 treaty with United States since 1882, which are better alternatives for EB-5 scheme. Montenegro permits dual citizenship in very limited circumstances. If the person also holds citizenship from a country with a reciprocal, bilateral agreement with Montenegro. VAT in Montenegro … Since … Expected to become an EU member in 2025, Montenegro offers an incredible opportunity to invest in the future of the fastest growing economy in the Balkan region. Buy the Cheapest CIP in Europe from GCI. 5 days during first 5 years of citizenship. Taxation Montenegro has a favourable tax regime with resident individuals paying between 9% and 11% of their personal income. You also won’t have to renounce any other citizenship. We here at Passport Legacy aim to help investor attain a secondary Montenegro Passport … Unlike other CBI options, however, Montenegro is not yet part of the European Union, although this is expected to change in 2025. Do I have to travel to Montenegro before or after obtainment of Citizenship procedures? Contact us, if you have questions. Citizenship of another country can be obtained through investment programs in the host country economy... Montenegro Citizenship by Investment - Montenegro - Cheapest Citizenship in Europe - Montenegro Second Citizenship - Montenegro Second Passport - Montenegro Citizenship Application, Montenegro: Expect First CIP Applications by End of 2019, Program “Fully in Place” by 2020, CITIZENSHIP PROGRAM MONTENEGRO - START IN AROUND JUN /JULY 2019, GCI Citizenship Investment Montenegrin citizenship may be acquired based on a ratified international treaties or agreements signed by Montenegro. Citizenship. The decision came into force on Jan 1, 2019 and will apply until Dec 31, 2021 . dual citizenship recognized: no . In addition to all these, Montenegro is stated every year as a popular tourist destination along with Greece, Spain and other popular countries by well-known tourism guides like Lonely Planet. It grants an opportunity to acquire second citizenship in Montenegro by applying for the national Citizenship by Investment Program, known simply as “CIP”. At the same time, to get a Montenegro passport for investments you do not need to know the language or history of the state, and there are also no obligations to live in the country. In order not to have restrictions in the form of global mobility and without having to wait for visas, some countries' passports can help you avoid everything. adults who acquired Montenegrin and Japanese citizenship by birth must declare, to the latter's Ministry of Justice, before turning 22, which citizenship they want to keep. Montenegro to at least one Montenegrin parent, or out of Montenegro to a Montenegrin parent and the other stateless or of unknown citizenship, or he/she was born to a Montenegrin parent and a foreign citizen and opted for Montenegrin citizenship between the ages of 18 and 23. In general, dual citizenship is not allowed in Montenegro… Montenegro: E-1: November 15, 1882 : Montenegro: E-2: November 15, 1882: E-1 – Treaty … What you must know, there are also many other Countries who will have in the future a solution for Dual citizenship, like Montenegro has with its Dual citizenship Montenegro. Those who were dual citizens before Montenegro declared independence on June 3, 2006 may retain their dual citizenship. Overview Policies Discuss Ratings Themes Ideology. If one person is legally recognized as a citizen of the two countries then he/she has dual citizenship. Montenegro Citizenship by Investment . Dual citizenship can be useful for tax optimization purposes. Montenegro Country profile; Benefits of the program; Investment requirements; Visa-free and visa-on-arrival … Visa free countries for Montenegro citizens, Montenegro - Cheapest Citizenship in Europe, Application Process Montenegro Citizenship Program, Montenegro Citizenship Citizenship Application Form. On the basis of the international treaties and agreements referred to in paragraph 1 of this Article, dual citizenship may be established, on the condition that it is reciprocal. It is regulated by a citizenship law, ratified by Parliament in 2008 and published by the Official Journal of Montenegro. Fast settlement in Europe with a Montenegrin passport obtained in just 3 months. Requirements for obtaining Montenegro’s economic citizenship. Dual citizenship: Allowed Visa-free travel: 124 countries A passport from Montenegro, a 620,000-strong Adriatic country that joined NATO and aspires to join the European Union, allows its citizens to travel visa-free to 117 countries (including the Schengen region and other EU Member States, Russia and Turkey). Non-residents pay 5% tax on interest income and 9% withholding tax on dividends and royalties earned in Montenegro only. Article 16 of the Decision prescribes that, in the period of duration of the programme no more than 2000 applicants can acquire citizenship with this special program. Here’s how to get a Montenegrin passport. u. Svetog Petra Cetinjskog br. Through making an investment of EUR250,000 in real estate and making a contribution of EUR100,000 to Montenegro government, applicants can obtain the Montenegro … www.citizenship-program.com/montenegro Based on article 17 of the law regarding Montenegrin citizenship (“Official Gazette of MN”, no. You are opening the door for new business opportunities as well as the possibility of traveling abroad. During the first year itself, Montenegro received a huge number of applications, many of which were rejected. The processing time takes around 6 months. The country has the lowest personal income tax rates in Europe. milos.komnenic@klo.co.me Montenegro is situated on the Balkan Peninsula, in southeastern Europe. To become eligible for citizenship by naturalisation, foreign investors have to satisfy certain financial and other criteria. E1/E2 Treaty. citizenship by descent only: at least one parent must be a citizen of Montenegro . Continue reading “How to Get a Montenegrin Passport ” Posted on January 24, 2019 January 18, 2021. One of the most anticipated Citizenship by Investment programs in Europe, bringing global mobility, increased security and quality of life for foreign investors and their families, with a minimum capital requirement of €350,000. 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