Montenegro is a beautiful southern European country surrounded by the sea and mountain ranges, has long been a popular destination for real estate investment. This country offers a unique opportunity ...Show more
Montenegro is a beautiful southern European country surrounded by the sea and mountain ranges, has long been a popular destination for real estate investment. This country offers a unique opportunity to lead an eco-friendly lifestyle, offering stability and security. For permanent residence Montenegro is one of the most favorable countries in Europe, and the purchase of real estate not only provides the right to easily obtain a residence permit for the whole family, but also citizenship. At the end of 2018, the country's government opened the Montenegrin Citizenship for Investment program for a period of three years and a limit of 2,000 applications from foreign investors. This prospect has sharply revived interest in this promising European country. To have citizenship of young and dynamically developing country like Montenegro has many advantages - the accession to European Union till 2025 will open an opportunity to live, work or study in any country of EU, citizens of Montenegro are provided with visa-free entry to more than 120 countries including Europe and Russia, and there is a possibility of registration of citizenship not only for themselves but also for the family members.
The procedure for obtaining citizenship of Montenegro for investment is not complicated, but there are certain conditions. The amount of investment under the program depends on the location of the project - you can invest in projects in the south as well as in the north of the country. The minimum amount of investment in projects in the north of Montenegro is 250,000 euros, in the south - 450,000 euros and to own the property must be at least 5 years. It is also necessary to make a charitable contribution of 100,000 euros to the state fund, which deals with the development of regional areas of Montenegro. And the most important criterion of the program is that those who want to obtain Montenegrin citizenship can choose real estate only from the list of state-authorized projects.