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CITIZENSHIP OF MONTENEGRO BY INVESTMENT

In 2018 the Montenegrin Government finally approved the conditions for granting citizenship by investments. Corneredge is a 50% shareholder of one of the 3 official agents licensed to handle applications by the government of Montenegro.

The key condition is to invest in a government-approved project: €450,000 in the capital of Podgorica or in the southern resort part of Montenegro, or €250,000 in the less-developed northern part of the country.

Advantages of Montenegro citizenship by investment

A European country located at the sea, planning to join to the European Union in 2025. Montenegro is a member of the UN and NATO.

  • Visa-free travel to 122 countries worldwide
    • Visa-free travel to EU countries within the Schengen area, Bulgaria, Croatia, Cyprus, Romania, Russia, Turkey, and many other countries
  • Citizenship for the whole family right away
    • Together with the investor, citizenship can also be obtained by his/her family members
  • Highly attractive terms
    • No requirements to live in Montenegro or know the language. No requirement to renounce your existing citizenship
  • Tax advantages
    • Only income from inside Montenegro is taxed. No taxes on inheritance, gifts, and payments from life and property insurance

Advantages of Citizenship By Investment

Citizenship of Montenegro - Tax Advantages
Citizenship of Montenegro – Tax Advantages

Montenegro’s program for citizenship through investment is one of the most long-awaited in the industry

Who will receive Montenegro citizenship based on investment?

For one single investment, Montenegro citizenship can be obtained by

  • the investor
  • his/her spouse
  • financially dependent children without age restrictions

Citizenship is also given to children born after the investor has obtained Montenegro citizenship, as well as each successive generation.

What are the Main conditions for receiving Montenegro citizenship by investment?

  • OPTION
    • Contribution to the state: €100,000
    • Investment into government-approved real-estate developments in the northern part of the country: €250,000
  • OPTION
    • Contribution to the state: €100,000
    • Investment into government-approved real-estate developments in the southern part of Montenegro or in the capital city of Podgorica: €450,000
Citizenship of Montenegro Conditions
Citizenship of Montenegro Conditions

Main requirements for applications

  • Only non-EU citizens can apply
  • They cannot be subject to individual sanctions or banned from entry to the EU, USA, UK, or Canada
  • They must lack a criminal record or open legal cases against them
  • They must prove the lawful origin of the funds used to invest
  • They must have an impeccable personal and business reputation, as well as a credit history
  • The investor must be in good health
Citizenship of Montenegro - Requirements
Citizenship of Montenegro – Requirements

What is the Process and how long it takes?

  1. Signing the agreement and make a preliminary check
  2. Payment of government fees and professional services
  3. Investment project selection and signing investment documentation
  4. Payment of investment and contribution to the government escrow account
  5. Submission of the necessary documents and application for citizenship
  6. Getting a positive decision and a certificate of naturalization
  7. Taking of biometric data in Montenegro
  8. Receiving the passport

From the moment the application is submitted, a passport can be obtained

Citizenship of Montenegro - Process
Citizenship of Montenegro – Process

Are you interested in Montenegro citizenship?

Get in touch with Corneredge!

  • No hidden fees or commission
  • Support up to and after receiving residence.
  • Help in adaptation, tax and financial consulting
  • More than 3 years of experience in immigration services and tax planning
  • Call us on +91 8850318060 OR Email us at corneredgerec@gmail.com for a free Brochure, free Evaluation & Consultation.

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Disclaimer: The communication herein is intended to convey general information only and not to provide legal advice or opinions. It should not be construed as, and should not be relied upon for, legal or tax advice in any particular circumstance or fact situation. The facts stated may not reflect the most current legal developments. No action should be taken in reliance on the information herein. Qualified legal practitioners should be contacted for professional legal advice on specific issues.

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