The government of Montenegro announced on 3rd January 3019 that it will be accepting applications from prospective intermediary agents, as well as due diligence companies, for its new citizenship by investment program. Prospective service providers must lodge an application by February 1st.
Originally slated for a premiere in October 2018, Montenegro’s new CIP – technically named The Special Investment Programme of Particular Importance for the Business and Economic Interest of Montenegro – formally came into effect this Tuesday.
Opening for citizenship applications by March 10th
Applicants, however, will still have to wait until the government approves intermediary agents – the RCBI-firms licensed to submit applications – and due diligence companies – outfits charged with vetting investors’ bona fides – before they can finally lodge their petitions to become citizens of the Adriatic republic by way of a donation and property investment.
“The Secretariat for Development Projects shall decide on the selection of agents within 30 days from the date of the public opening of the applications and it shall be published on the Secretariat’s website,” wrote the Montenegrin government on its website, adding that a “public opening” of such applications would take place on February 12th, 30 days after which the government would announce its selections.
Download the application for intermediary agents and the application for due diligence providers.
“After the decision is made, the Government of Montenegro shall conclude a contract with the selected agents, on the basis of which the Secretariat for Development Projects shall issue the licences to them, and only on the basis of those licences issued, the agents may carry out their activities within the mentioned programme,” continued the statement.
Source: www.imidaily.com
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