Montenegrin citizenship by investment

Montenegro offers a citizenship by investment program known as the Montenegro Citizenship by Investment Program (CIP). This program allows foreign individuals to obtain Montenegrin citizenship through a significant financial investment in the country.

How to get citizenship by investment in Montenegro

The Montenegro Citizenship by Investment Program (CIP) allows foreign individuals to acquire Montenegrin citizenship through a significant financial investment in the country. The minimum investment amounts were as follows:

• Donation Option: The minimum required donation to the Montenegro State Fund is €100,000 for the development of underdeveloped areas in the country.
• Real Estate Option: The minimum investment in approved real estate projects is €250,000. This investment must be made in the designated development areas, which include regions outside the capital city of Podgorica.
• Business Investment Option: The minimum investment in a business project is €450,000, with an additional requirement of creating at least five job positions for Montenegrin citizens.

The specific steps to obtain citizenship by investment in Montenegro can vary, but here is a general outline:

1. Engage with an authorized agent. Contact an authorized agent or an approved intermediary who specializes in Montenegro’s Citizenship by Investment Program. They can provide guidance and assistance throughout the application process.
2. Meet the eligibility criteria. Ensure that you meet the eligibility criteria set by the Montenegrin government, including requirements related to age, background checks, source of funds, and health.
3. Choose an investment option. Select one of the eligible investment options offered under the Montenegro Citizenship by Investment Program. These may include real estate investments, development projects, or job creation investments.
4. Make the investment. Make the required financial investment in accordance with the chosen investment option. The investment amount can vary depending on the option selected and is typically significant.
5. Prepare and submit the application. Prepare the necessary documentation, such as proof of identity, background checks, investment documentation, and application forms. Submit the completed application along with the supporting documents to the designated government authorities or approved intermediaries.
6. Application review and decision. The Montenegrin authorities will review your application and conduct due diligence checks. They will evaluate your eligibility, verify the investment, and make a decision on granting citizenship.
7. Obtain citizenship and passport. If your application is approved, you will be issued a certificate of Montenegrin citizenship. You can then proceed to obtain a Montenegrin passport, which grants the benefits and rights of Montenegrin citizenship.

Application and Documentation

To apply for Montenegrin citizenship through the Citizenship by Investment Program, you will typically need to follow these steps and provide the required documentation:

1. Engage an authorized agent. Contact an authorized agent or an approved intermediary who specializes in the Montenegro Citizenship by Investment Program. They will guide you through the application process and assist with the documentation.
2. Application form. Obtain the official application form for Montenegrin citizenship by investment.
3. Personal identification documents. Prepare the following documents:
   • Valid passport.
   • Birth certificate.
   • Marriage certificate (if applicable).
   • Divorce or death certificate (if applicable).
4. Proof of funds and investment. This may include bank statements, financial statements, investment agreements, or any other supporting documents.
5. Background checks. Undergo a background check, including a criminal record check and any other checks as required by the Montenegrin authorities.
6. Medical examination.
7. Application submission. Compile all the required documents and submit the completed application form along with the supporting documentation to the designated government authority or authorized agent.
8. Processing and decision. The application will undergo a review process by the Montenegrin authorities, including due diligence checks.

Dual Nationality

Montenegro generally allows for dual nationality, meaning that individuals can hold Montenegrin citizenship along with the citizenship of another country. This allows individuals to enjoy the benefits and rights of both nationalities.