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Montenegro

  • May 8, 2024
  • 2 min read

Montenegro is a land of beautiful scenery, opportunities and exploration. Montenegro is considered to be a shining pearl in the Balkans, which presents an ideal symbiosis between the natural world and the modern world. As one of the fastest growing economies in the Balkans, Montenegro is rapidly becoming a major immigration destination for investors seeking global mobility, security and improved quality of life.






Why Montenegro?

Montenegro’s natural beauty and refined lifestyle are not the only reasons for the country’s massive growth and development opportunities. Its independence, which it has achieved in recent years, and its strategic location have also helped to make Montenegro a focal point for some of the world’s most important industries.

Learn about the advantages of Montenegrin citizenship:

  • Fast processing. Get residency in 3 weeks and citizenship in 6 months.

  • Children under the age of 18 of the main applicant can also obtain citizenship.

  • No language requirement.

  • No need to renounce existing nationality.

  • NATO member country.

  • It is expected to join the EU in 2025.

  • Montenegro's E-2 treaty with the United States allows citizens of Montenegro to reside and work in the United States on an E-2 investor visa.

  • With global mobility, you can enter 116 countries and regions without a visa.

  • Occupy strategic locations in Europe with direct access to the Adriatic Sea.

  • Porto Montenegro in Kotor Bay, a fabulous luxury yacht marina in the world.

  • vacation spot.

Montenegro Citizenship by Investment Eligibility

In order to obtain residency or naturalization, applicants must fulfill one of the following investment options in addition to meeting the following conditions:

  • Hold a valid passport or other international travel document.

  • Documents that can prove the source of investment funds.

  • No criminal records.

  • Entrustment certificate and investment agreement.


Investment options in Montenegro

National Transformation Fund (NTF) Contributions

Applicants must make a donation of €100,000 to the Underdeveloped Cities Development Fund in the form of government funds.

Update: Starting from 2022, applicants will need to make an additional contribution of €100,000 to the Innovation Fund in the form of government funds.

 

Real estate investment

In addition to the donation, applicants must also invest in a state-approved real estate project in Montenegro. Depending on the location of the selected project, applicants can choose from the following investment options:

  • Invest €250,000 in an underdeveloped region (the northern part of Montenegro), or

  • Invest 450,000 euros in a developed region (Southern Montenegro)


population growth

-0.28%

GDP per capita

$17,400

Purchasing power per capita

$11.01 billion

Passport visa-free countries

127


Location

Southeastern Europe, between the Adriatic Sea and Serbia


capital

Podgorica


jet lag

UTC +2


National Land area

13,812 km²


Age Demographics

0-14 : 15.10%

15-24 : 9.58%

25-54 : 46.59%

55-64 : 13.58%

65+ : 15.14%


official language

Serbian: 42.9%, Montenegrin (official language): 37%, Bosnian: 5.3%, Albanian: 5.3%, Serbo-Croatian: 2%


Religious beliefs

Orthodox: 72.1%, Islam: 19.1%, Catholic: 3.4%, Atheist: 1.2%


politics

Parliamentary republic


currency

Euro (EUR)


exchange rate

1 USD = 0.9214 EUR


Questions and Answers


Is Montenegro part of the EU?

Montenegro is on the EU membership enlargement agenda and has already opened some negotiation chapters. The country enjoys broad support among EU member states and is considered likely to join the EU before 2025.

Is Montenegro a member of NATO?

Montenegro is a member of the United Nations, NATO, the World Trade Organization, the Organization for Security and Cooperation in Europe, the Council of Europe and the Central European Free Trade Agreement.

Is Montenegro a tourist destination?

Montenegro has outstanding natural landscapes, breathtaking coastline and seascapes, and one of the most magnificent yacht harbors in the world, attracting more than 2 million tourists every year.

When is the deadline for Montenegro’s Citizenship by Investment Program?

The program was originally launched in 2019 for a period of three years, with a deadline of December 31, 2021, and a maximum of 2,000 places. Due to the impact of the epidemic, the program was deemed eligible for extension.

Is Montenegro's economy strong?

According to the World Bank, Montenegro is one of the fastest growing economies in the Balkans and has quickly become a major destination for some of the world's most important industries due to its strategic location. The official currency of Montenegro is the Euro.


 
 
 

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