Montenegro

“Montenegro is a Balkan Country, located in the west-central Balkans, at the southern end of the Dinaric Alps. It is a picturesque country with medieval villages, and a narrow strip of beaches along its Adriatic coastline.”

WHY CHOOSE MONTENEGRO?

Montenegro has a low cost of living, mild climate, and beautiful terrain. The country will officially be expected to join the EU by 2025.
With Montenegro’s citizenship, you will get visa free or visa on arrival access to 124 countries including Schengen Area, Russia, and Turkey. The applicant along with family members get full citizenship. The country enjoys political and economic stability, and also the government encourages businesses.
There are no language tests, and business experience requirements to obtain citizenship.

  • Fast procedure. Residency within 3 weeks and approval of citizenship within six months.
  • Dependents under 18 years of age are also granted citizenship with main applicants.
  • No language requirements.
  • No obligation to relinquish current nationality.
  • NATO Member.
  • Porto Montenegro; one of the world’s finest yachting marinas.
  • Candidate country for future expansion of the EU, expected by 2025.
  • E-2 Treaty Program signed between Montenegro and the United States which allows citizens of Montenegro to reside and work in the U.S. under an E-2 Investor Visa.
  • Global mobility with access to 116 nations visa-free.
  • Strategic geographical location in Europe with direct access to Adriatic Sea.
  • An outstanding holiday destination

To qualify for residency or citizenship, applicants must fulfill one of the investment options below in addition to meeting the following criteria:

  • Possess a valid passport or another foreign travel document.
  • Provide documents supporting the source and origin of invested funds.
  • Hold no criminal record.
  • Attest the power of attorneys and the investment agreement.

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The processing time is within 3 months once the application is received by the relevant government department.

The applicant can choose two routes to qualify for the Citizenship by Investment program of Montenegro.

  • invest at least EUR 450,000 in one of the development projects in the Capital City of Podgorica or the coastal zone of Montenegro, or
  • Invest at least EUR 250,000, in one of the development projects in the northern or central region of Montenegro, not including the Capital City of Podgorica.

Moreover, the applicant has to pay government fees of EUR 100,000 per application, which goes to a special fund for the advancement of underdeveloped areas.

Application Fee: The main applicant has to pay EUR 15,000 application fee, EUR 10,000 for a family of 4 members, and EUR 50,000 for each additional family member.

The due diligence, and passport fees are additional to the above.

ABOUT Montenegro

COUNTRY PROCESS

LET’S CONNECT

The residence and citizenship programes that we offer at iKonnect Citizens is aimed at helping financially sound individuals gain access to some of the most prosperous countries in the world. Our team of professional consultants have countless years of experience addressing dual citizenship and migration related matters. We aim to help you easily navigate through the otherwise difficult citizenship process. We can provide our Clients with a seamless service both in your current location as well as in the target country for residence or citizenship.

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