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Montenegro

Montenegro Citizenship by Investment

The Montenegro Citizenship by Investment Program officially concluded on 31 December 2022.

Citizenship by Investment Overview

The Montenegro Citizenship by Investment Program officially concluded on 31 December 2022.

Citizen by Investments offers access to over 40 investment migration programs. Contact us to explore the best alternative residence or citizenship options for you and your family.

Investment

Minimum financial requirement of EUR 405,000 (investment of EUR 225,000 plus a donation of EUR 180,000 to the country)

Key Benefit

Enjoy freedom of travel to Montenegro, countries in Europe’s Schengen Area, Russia, Türkiye, and other destinations.

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 activity in the country.

Applicants are required to make a defined economic contribution to Montenegrin society through an investment in an approved development project, along with a capital contribution to a government-designated fund aimed at supporting underdeveloped areas. In return, and following a rigorous vetting and due diligence process—including comprehensive background checks—successful applicants and their families are granted 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
  • Citizenship in a multicultural and multilingual European community, featuring a mild Mediterranean climate, stunning scenery, and a low cost of living
  • Membership in key international organizations, including the European Monetary Union, NATO, OSCE, and the WTO
  • Full citizenship granted to the applicant and eligible family members
  • Opportunity to invest in a development project managed 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 all application requirements, and make the required contributions to the Government of Montenegro. Applicants can choose from two investment routes:

  • Investment in development projects in Podgorica or the coastal regions: Minimum of EUR 405,000
  • Investment in development projects in northern or central Montenegro (excluding Podgorica): Minimum of EUR 225,000

In addition, a government fee of EUR 180,000 per application is required. This contribution is allocated to a special fund for underdeveloped areas (EUR 90,000) and the Innovation Fund of Montenegro (EUR 90,000).

Procedures for the Montenegro Citizenship by Investment Program
  • All applications must be submitted through accredited intermediary agents, such as Citizen by Investments, officially recognized by the Government of Montenegro for this purpose.
Dual Citizenship

Successful applicants are exempt from Montenegro’s standard restrictions on dual citizenship, as outlined in Article 8 of the Montenegrin Citizenship Law. Additionally, Article 12 allows citizenship to be granted exceptionally to individuals who make special contributions—such as significant economic investment—to the country, which applies to successful program participants.