Choose the best licensed immigration agency in Montenegro (we can help). Cost. The Citizen by Investment program of Montenegro was officially announced as a new economic citizenship scheme on Oct 1, 2018 for foreign investors. Montenegro passport has visa free access to 123 countries including EU schengen states, Russia, Brazil, Turkey, Israel, South Korea, United Arab Emirates. The project must be approved by the government. Montenegro Citizenship by Investment Program - Official Website. You will have to go through the following stages to ultimately obtain citizenship and a second passport of Montenegro: Stage 1. Montenegrin citizens are eligible for the Е-2 business visa which allows to live and work in the US. The Special scheme will only run for three years and limited to 2000 applications. To obtain Montenegro citizenship, it is also necessary to pay the stamp duty: €15,000 for the main applicant, €10,000 for 1–3 family members and €50,000 per additional family member. Apart from the Investment amount, there is a government fee of about €100,000 which will be used to the advancement of underdeveloped areas. A passport of Montenegro takes 3-6 months to be issued. (4) Hotel Kraljičina plaža The “Hotel Kraljicina Plaza” is a modern remake of an old hotel that once was at the same place – right in the heart of the “Milocer Park”. If you want to become an EU national but can't afford the more expensive programmes of Cyprus or Malta, you should consider Montenegro’s new programme. https://www.artoncapital.com/global-citizen-programs/montenegro Future family members are also eligible to have citizenship right of Montenegro. There is no CFC legislation. The investment is divided into two parts €250,000 in the Northern and Central Region €450,000 for the coastal region. According to the latest. The following investments qualify under Montenegrin citizenship by investment scheme. A Montenegrin visa provides visa-free or facilitated access to 122 countries including the entire Schengen Area, Bulgaria, Croatia, Cyprus, Israel, Russia, Turkey and the UAE. One of the most anticipated Citizenship by Investment programs in Europe, bringing global mobility, increased security and quality of life for foreign investors and their families, with a minimum capital requirement of €350,000. To qualify for the Montenegro Citizenship-by-Investment Program, the main applicant must be over 18 years of age, meet the application requirements, make a contribution to the Government of Montenegro, and make a qualifying investment. The program requires applicants to make a defined economic contribution to the country. The following investments qualify for immediate passport, under the Montenegro Citizenship by Investment … Invest for Citizenship. The total cost will be EUR 350,000, Montenegro encourages large investment development projects in Tourist or hotel developments. No tax is levied on inheritance, gifts, life or property insurance proceeds. The Montenegro Citizenship-by-Investment Program was developed by the Government of Montenegro and was launched in 2019 as part of its ongoing efforts to attract foreign direct investment and increase economic activity in the country. This program offers a good opportunity to obtain a potential future European Union citizenship for an affordable investment. Montenegro does not impose tax on the profits obtained outside the country. Process. Contact our advisor to find out more. About the program. ☝ Dual citizenship is allowed Special investor program No personal sanctions or bans from entering the EU, the US, the UK or Canada. There is no need to renounce the current citizenship that the applicants. General Requirements To Be Fulfilled For The Montenegro Citizenship Program. Submitting biometric data at a diplomatic mission of Montenegro. The country has the lowest personal income tax rates in Europe. Montenegro Visa Free Access Investment in a Montenegrin passport will bring visa-free access to 137 countries and territories worldwide. EUR 250,000 investment in undeveloped areas of Montenegro (or) EUR 450,000 investment in developed areas of Montenegro, 2.The Government will charge additional EUR 100,000 per application which is used in development of Montenegro. This number is expected significantly once the country obtains EU membership, making a Montenegro investment passport a great mid-term investment from a … Qualifying Investments. The Montenegrin passport is currently ranked as the world’s 37th best passport, allowing citizens the ability to travel to 117 countries visa free. The foreign companies of Montenegrin citizens are not subject to coercive registration in Montenegro, which guarantees maximum confidentiality of international business ownership. Montenegro is a candidate country for EU membership and expects to become a full EU member state and participating in schengen area by 2025, Montenegro has signed E1 and E2 treaty with United States since 1882, which are better alternatives for EB-5 scheme, Investors and family members will be given a gold passport under investment scheme. T he Montenegro citizenship by investment application process is extremely efficient, and the government of Montenegro is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted. Montenegro is a candidate for EU membership. The passport ranked #43 powerful passport in the world. Investments can only be made in state-approved projects. On 3 October, 2019, the government of Montenegro announced that it was receiving applications for its citizenship-for-investment programme that will last until 2022. The decision came into force on Jan 1, 2019 and will apply until Dec 31, 2021, and offers investment citizenship to 2000 foreign investors. Investing €250,000 in an off-plan property in a less developed country region — north Montenegro. 2 bedrooms, Total area 45 m² If you are interested in Montenegrin citizenship, contact our lawyers for a free assessment of the suitability of the program for your family and a breakdown of taxes for your specific case. ... Holding a Montenegrin passport allows visa-free movement to 124 countries including the Schengen Area, Russia, and Turkey. International Holdings handle your Passport by Investment application and ensure that it gets approved. Golden Visa consultancy through La Vida. Citizenship by Investment Montenegro WHAT IS CITIZENSHIP BY INVESTMENT? Investing €450,000 in an off-plan property in a well-developed region — south Montenegro or the capital city Podgorica. In July 2018, the Government of Montenegro announced the launch of the program “Citizenship of Montenegro for Investments”. Montenegro Citizenship by Investment . Montenegro has a new citizenship-by-investment program that will allow you to shortcut that requirement and get a passport in just a few months. The Montenegro Citizenship by Investment program was launched in 2018 and remains for a period of 3 years accepting 2000 applications. The entire refundable investment amount sits in a secure escrow account. Investors and family members will be given a gold passport under investment scheme. Being also located in the Northern Region of Montenegro, a 350,000€ (+fees) investment into a suite or villa will get you a Montenegrin passport. Donating €100,000 to a specified public fund. How to buy Montenegro passport? No further commitment is required. Goldpassports.com is a neutral platform for information on investment citizenship schemes. Montenegro Second Passport Investment. The Montenegro government has several projects to choose from, but not all of them are profitable investments. The Montenegro Citizenship by Investment and passport program will be effective for 3 years from its commencement and be limited to first 2,000 applicants. Contact our professional team of our expert consultants and we will be happy to guide you through the application process on your journey to obtaining permanent citizenship in Montenegro. The decision came into force on Jan 1, 2019 and will apply until Dec 31, 2021 . It is not necessary to live in Montenegro or speak the local language. Proof of the investment money lawful origin. Investors will be issued permanent residency within 3 weeks and after 6 months will receive naturalisation certificate for citizenship and passport. No language or history test. The Special Investment Program applications will be accepted at the beginning of 2019. Montenegro officially launched is special citizenship investment scheme in 2018 and fully open for first applications from 2019/2020. Investor must have a minimum age of 18, Applicable for non-EU Citizens, Possession of valid passport from a foreign country, Getting a positive decision and a naturalisation certificate. No residency requirement. If you're interested in this program, our lawyers can help you prepare the documents to access the project and get citizenship. Those who want to obtain Montenegro citizenship through the programme must buy real estate approved by the state or donate to a specified public fund. This type of visa is unavailable to Russian nationals. 1 bedroom, Non-refundable (national fund) contribution, €2M in commercial real estate and €500,000 in residential property, Necessity to own anchor property after the investment exit. How to obtain Montenegro citizenship by investment. This consultation is free of charge and you are not required to use our services. Besides the investor, citizenship is granted to the investor's spouse. While their children (under 18 and financially dependent on the investor) will be given a residency permit until they turn 18, when they will be eligible to become citizens. The new special citizenship acquisition program is part of the Government’s ongoing effort to attract foreign direct investment. We work with the experts in the field worldwide offering professional services. The value of the property investment depends on the location. Buy the Cheapest CIP in Europe from GCI. You simply have to apply, make the investment, and obtain your passport. Montenegro recognises dual nationalities and does not require to renounce the current citizenship. Property maintenance costs in the UK in 2020. Montenegro has signed E1 and E2 treaty with United States since 1882, which are better alternatives for EB-5 scheme. Montenegro Citizenship by Investment Program ⏩ MIGRONIS Confidential citizenship process ⚡ Get Montenegro passport in 6 months! As of now, Montenegro offers a decent passport a steep price (cheaper than Malta’s, but more expensive than those in the Caribbean, which offer similar – or better – passports). The process of obtaining another passport and citizenship by investing in the property of the host country is called citizenship through investments.These processes are faster than the old immigration processes and legally give the status of a citizen to the investor. Montenegro is not a part of the EU however by 2025 they will be included in the EU. Let Savory & Partners help you with your application to the Montenegrin Citizenship by Investment Program. Besides the investor, citizenship is granted to the investor's spouse. About Montenegro’s Citizenship by Investment Program. A passport of Montenegro takes 3-6 months to be issued. One of the goals of the programme is to encourage investment across Montenegro, as well as boosting the local economy and offering a safe and secure environment for investment. It’s possible to sell the property after five years. The Montenegrin passport is currently ranked 37th in the world by The Passport Index, allowing citizens visa-free travel to 115 countries, and is expected to grow significantly following EU accession. Clean criminal record and no court proceedings initiated against. No tax levied on inheritance, gifts, life or property insurance proceeds, Signing the agreement and meeting the programme qualifications, Choosing an investment vehicle and signing the documents, Transferring the investment and contribution amounts to the public escrow account, Submitting the necessary documents and applications for citizenship. Citizenship-by-investment programmes of other countries: communication from the European Commission, Flat in a new residetial complex not far from a sea, Pržno, Budva, Montenegro, Apartment in a new building with a view to the sea, Budva, Montenegro, Flat in a new-built with a view to the sea, Budva, Montenegro, European limitations on foreign property purchases, Spain vs. Portugal: the definitive guide for overseas property investors. Montenegro is a hyper-popular travel destination and, thanks to its favorable taxes, Montenegro now offers a very efficient and productive environment for investors. Montenegrin Citizen by Investment. 1. Typically, it takes 10 years of living in Montenegro to become a citizen. Citizenship of Montenegro by investment: the acquisition process and the procedures involved. Citizenship is the key requirement for getting a passport. Montenegrin passport is ranked 42nd in the world with visa free access to 123 countries including EU schengen states, Russia, Turkey, Singapore etc. A NATO member, Montenegro is on the agenda … Real estate priced below €500,000 must remain as a permanent residence, It’s possible to sell the property after five years, We will send you a content digest not more than once a week, A Brief Guide to Selling Property in France, US mortgage rates set to rebound as vaccine rollout kicks off, Prague property prices soar despite pandemic, Norway’s economy returns to growth, real estate market gains momentum, New disclosure norms for Swiss property owners, I confirm that I have read and accept the, Tranio Real Estate Investment Advisor for Montenegro, Tranio’s managers offer advice on buying real estate in Montenegro, Popular citizenship-by-investment programmes compared. Government of Montenegro announced the launch of its citizenship by investment programme in summer 2018 as a second attempt to offer foreign nationals its passport in return for their contribution to the country’s development. Fast settlement in Europe with a Montenegrin passport obtained in just 3 months. It is possible to sell the property/properties after five years. The project must be approved by the government. However, if Montenegro joins the European Union (as it’s expected to in 2025), a Montenegrin passport could become substantially more valuable. Dates. Compare real estate investment programmes for residency visas and citizenship. We are developing solid investment opportunities for our clients around the world to acquire a permanent residence, a second passport and a second citizenship. Successful applicants will be granted visa-free access to many countries and when Montenegro joins the EU (earmarked for 2025), citizens will also be given access to the rest of Europe. The following investments qualify under Montenegrin citizenship by investment … There are currently two investment routes to … Those who want to obtain Montenegro citizenship through the programme must buy real estate approved by the state or donate to a specified public fund. The Citizen by investment program of Montenegro is officially announced of new economic citizenship scheme on Oct 1, 2018 for foreign investors.
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