Montenegro Citizenship By Investment Programme 2020

Looking for the most affordable second citizenship and residency programmes? Montenegro has just launched their investment citizenship programme on 1 October 2018. Find out more about the scheme, or contact us for a free consultation to discover the best option for you.

 

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About the Montenegro Citizenship Programme

After several years of planning, the Montenegro government in October 2018 announced the launch of their investment residency and citizenship programme. Designed to attract foreign direct investments in real estate and government bonds, the programme has received extensive press coverage since inception. During the initial pilot phase of the project, annual applications will be capped at 2,000.

The programme, often searched for using phrases such as “Montenegro golden visa programme” and “Montenegro Citizenship Investment programme”, or MCIP, is expected to become very popular among foreign investors seeking to obtain second citizenship in Europe. It is expected that investments secured through this programme will further accelerate the country’s luxury travel infrastructure boom, with major upside potential to investors.

Find out more about the programme’s key benefits below:

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Why choose Montenegro for citizenship or residency

Price: With qualifying investments starting at only €350,000, the Montenegro programme is currently one of the most affordable investment citizenship programmes in Europe. The Westin Hotel in Kolasin is already being reported as a popular investment option in the north.

Application process: The application process is incredibly fast: Residency rights can be obtained within as little as 3 weeks, while citizenship rights can be obtained within 6 months of maintaining permanent residency in the country.

Physical presence requirements: While new citizens are expected to hold residency for 6 months before naturalisation, physical in-country presence is not a requirement during this period.

Cross-border mobility: Offering visa-free travel to over 117 countries, including trade markets such as Russia, China, Hong Kong, Singapore and the UAE, the Montenegrin passport is one of the most sought after in the world.

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Programme Investment requirements 2018

All investment citizenship applicants are expected to make a €100,000 Government Fund Donation, regardless of their choice of investment vehicle. In addition, the investment requirements for the programme are as follows:

• An approved property investment of no less than €250,000 in a developing part of the country (in the northern region).
• An approved real estate investment of no less than €450,000 in the country’s southern, developed region.

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About the country

Montenegro offers spectacular natural scenery and a sophisticated European culture. Home to one Porto Montenegro, of the world’s most acclaimed yachting harbours, the south of the country has in recent years become one of the world’s most sought after luxury travel destinations. Luxury hotel chains such as Aman Resorts and Regent have already invested heavily in the region, with countless more luxury hotel chains following suit.

According to the World Bank, Montenegro boasts one of the fastest growing economies in the Balkans. Given its central location, this NATO member state is fast becoming a strategic business location for a range of industries, offering potential investors security, enhanced freedom of movement and security, as well as a high quality of life.

The Montenegrin passport is currently ranked as the world’s 37th best passport, allowing citizens the ability to travel to 117 countries visa free. This number is expected significantly once the country obtains EU membership, making a Montenegro investment passport a great mid-term investment from a mobility perspective. The country is already using the Euro as its national currency, and is already incorporating EU law into its national legislative framework.

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Programme Investment requirements 2018

All investment citizenship applicants are expected to make a €100,000 Government Fund Donation, regardless of their choice of investment vehicle. In addition, the investment requirements for the programme are as follows:

• An approved property investment of no less than €250,000 in a developing part of the country (in the northern region).
• An approved real estate investment of no less than €450,000 in the country’s southern, developed region.

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Secure your family’s future today. Government Fund Donations from €100,000. Property Investments from €250,000. Contact us now for more information.

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Apply for Citizenship by Investment today. Contact us to discover your options for second residency or citizenship by investment in Europe or Turkey, and get your family’s Plan B in place while you still can.