MONTENEGRO CITIZENSHIP BY INVESTMENT
MONTENEGRO CITINZENSGIP BY INVESTMENT INFO LINE: +393534501530
Montenegro citinzenship by investment. The Citizen by investment→ program of Montenegro is officially announced of new economic citizenship scheme on Oct 1, 2018 for foreign investors. The scheme will run for only for three years offering investment citizenship to 2000 foreign investors. It’s termined in 31/12/22.
Even though the Montenegro citizenship by investment program has ended, the International Law Firm Bertaggia can offer you many other countries worldwide to obtain citizenship with economic and financial requirements.
The scheme will run for only for three years offering investment citizenship to 2000 foreign investors.
• Instant Montenegro citizenship and passport within 3 months
• Montenegro is a future candidate for EU membership and joins Schengen area by 2025
• No physical residence requirements.
• Visa free access to 123 countries
The model of special citizenship scheme will be a Grant plus Investment model. This means applicants must donate a grant to government and also invest in development projects (hotels, resorts, IT parks, commercial real estate) that create jobs and development of Montenegro.
• No language tests, No business experience
• No military service required
• Free movement in EU countries and Schengen area
Government fee: Additional Donation of EUR 100,000 in the form of Government fee is needed.
Application fee: The applicant must deposit 15,000 euros for an application for themselves, 10,000 euros for up to 4 family members, and 50,000 euros for each next family member.
The Montenegro Citizenship by Investment (CBI) program, which began in 2019, offers investors a pathway to Montenegrin citizenship. This program is available to a limited number of applicants and has specific requirements and investment options.
Key Requirements and Investment Options
- Investment Amount:
- Northern and Central Regions: Minimum investment of €250,000 in government-approved real estate projects.
- Southern and Coastal Regions: Minimum investment of €450,000 in government-approved real estate projects.
Government Contributions:
A mandatory donation of €200,000, split between a government development fund and an innovation fund.
Application Fees:
€15,000 for the main applicant, €10,000 for each of the first four dependents, and €50,000 for each additional dependent.
Eligibility:
Applicants must be over 18, have no criminal record, and demonstrate the legal source of funds for investment. There is no requirement for physical residence in Montenegro, and dual citizenship is allowed for those who acquire citizenship through this program.
Processing Time:
The process typically takes around three months from submission to approval, after which the applicants must visit Montenegro to collect their citizenship documents.
Benefits
Montenegrin citizens enjoy visa-free access to over 120 countries, including the Schengen Area. The country is a candidate for EU membership, expected around 2025, which could further enhance travel and business opportunities.
For personalized advice and assistance with the application, consider reaching out to the International Law Firm Bertaggia. They can provide expert guidance through the application process and ensure compliance with all legal requirements.
Applicant Eligibility, remember.
An applicant may acquire Montenegrin citizenship provided that:
1) He has made a payment to the payment account of the Competent Body in the amount of:
– EUR 15,000.00 for the applicant;
– EUR 10,000.00 for each family member, up to four members at maximum;
– EUR 50,000.00 for each next family member.
2) Has deposited on the ESCROW account an amount of EUR 200,000.00 intended for the development of less developed local self government units for the purpose referred to in Article 18 of the Law on Regional Development;
3) Has deposited on the ESCROW account an amount of at least EUR 450,000.00 for the purpose of investing in some of the development projects in the Capital of Podgorica or the coastal region of Montenegro or an amount of at least EUR 250,000.00 for the purpose of investing in some of the development projects in the northern or central region of Montenegro, save for the Capital of Podgorica;
4) Has not been sentenced in Montenegro or another state by a final and binding court decision to an unconditional prison sentence of more than one year for a criminal offense prosecuted ex officio or the legal consequences of the conviction for such criminal offence have ceased;
5) The international due diligence agent has given a positive opinion, including proof of the origin of the money intended for payment and investment in accordance with this Decision.
MONTENEGRO CITINZENSGIP BY INVESTMENT INFO LINE: +393534501530
Join our YouTube community to stay updated on international legal matters and much more!
Subscribe to Studio Legale Internazionale Bertaggia
