The government of Montenegro have officially approved the launch of the nation’s citizenship by investment programme as of 1st October 2018. The programme is capped at 2000 applicants, granting those approved with a full Montenegrin citizenship in exchange for a secure investment in to the country. The programme is set to offer non-EU countries the opportunity to invest in a citizenship over the course of the next three years.
Perks of the programme are yet to be finalised with some benefits already confirmed, such as, visa-free travel to over 125 countries (including the Schengen area) and an accelerated application processing time that is confirmed to process citizenships at a given period of six months.
There are two routes of investment, which are the following:
– €250,000 investment in a government approved project in an under developed region of Montenegro
-€450,000 investment in a government approved project in a developed region of Montenegro
As the programme is still preparing for its launch, there may be slight amendments and/or adjustments. If so, we will keep you up to date with the latest news about the Montenegrin citizenship by investment programme.