Montenegro Citizenship by Investment

The Montenegro Citizenship by Investment Program officially concluded on 31 December 2022 and is no longer accepting new applications.

Citizenship By Investment Overview

The Montenegro Citizenship by Investment Program officially ended on 31 December 2022 and is no longer available for new applicants.

 

Uniconnect provides access to more than 40 investment migration programs. Get in touch to explore the most suitable residence or citizenship by investment options for you and your family.

Investment

Minimum financial requirement of EUR 450,000 (investment of EUR 250,000 and a donation of EUR 200,000 to the country)

Key Benefit

Freedom of travel to Montenegro, the countries in Europe’s Schengen Area, Russia, and Türkiye, among others

Montenegro Citizenship by Investment Overview

The Montenegro Citizenship by Investment Program was introduced by the Government of Montenegro to attract foreign direct investment and stimulate economic growth within the country.

The Montenegro Citizenship by Investment Program allows applicants to obtain citizenship by making a defined economic contribution through investment in government-approved development projects and a capital contribution to a fund supporting underdeveloped regions. Following rigorous due diligence and background checks, applicants and their families are granted full Montenegrin citizenship.

Benefits of the Montenegro Citizenship by Investment Program

  • Visa-free or visa-on-arrival access to over 120 destinations including Europe’s Schengen Area, Russia, and Türkiye
  • Citizenship in a country that is an official EU candidate country
  • Citizenship in a multinational and multilingual European community that enjoys a mild Mediterranean climate, beautiful scenery, and a low cost of living
  • Citizenship in a member state of the European Monetary Union, the NATO Alliance, OSCE, and the WTO
  • Full citizenship granted to the applicant and family members
  • Investment in a development project operated by a renowned hotel brand

Requirements of Montenegrin Citizenship by Investment

To qualify for the Montenegro Citizenship by Investment Program, the main applicant must be over 18 years of age, meet the application requirements, and make the qualifying contributions to the Government of Montenegro. There are two routes to choose from to qualify for the program:

  • An investment of EUR 450,000 to development projects in the capital of Podgorica or in the coastal regions
  • An investment of EUR 250,000 to development projects in northern or central Montenegro, excluding Podgorica

In addition, there is a government fee of EUR 200,000 per application. This contribution will be directed to a special fund for the advancement of underdeveloped areas (EUR 100,000) and towards the Innovation Fund of Montenegro (EUR 100,000).

Procedures for the Montenegro Citizenship by Investment Program

All applications for the Montenegro Citizenship by Investment Program are submitted through officially accredited intermediary agents, such as Uniconnect, authorized by the Government of Montenegro to manage the application process.

Dual Citizenship

Successful applicants to the Montenegro Citizenship by Investment Program are exempt from the country’s dual citizenship restrictions under Article 8 of the Montenegrin Citizenship Law. According to Article 12, citizenship may be granted exceptionally to individuals who make special contributions, such as significant economic investments, which applies to approved program participants.