Montenegro

Montenegro emerged as a sovereign state after just over 55% of the population opted for independence in a May 2006 referendum. Montenegro, which means “Black Mountain”, borders Croatia, Bosnia, Serbia, Serbia’s breakaway province of Kosovo and Albania. A NATO member, Montenegro is on the agenda for future enlargement of the European Union by 2025. It already uses the euro as its currency and is in the process of integrating EU legislation into national law.

According to the World Bank, Montenegro is one of the fastest growing economies in the Balkans and is quickly becoming a key destination for some of the most important industries around the world due to its strategic position. As a young state, it truly offers a unique potential for investors seeking mobility, safety, security, opportunity, and increased quality of life.

After years of consideration, in 2018 Montenegro finally decided to join the ever-expanding list of countries seeking to attract foreign direct investments through citizenship by investment programs. Effective January 2019 this program is available for up to 2,000 applicants from non-EU countries (with no restricted list of countries), for a limited period of 3 years.

At a starting investment of €250,000 in your own Govt. Approved CBI Property & a €100,000 one-time non-refundable Government Contribution, Montenegro’s program is one of the most competitive CBI Program in Europe.

What makes the program even more attractive is its application speed, which allows permanent residence status within 3 weeks without undermining thorough due diligent processes. Citizenship is then granted within a period of 6 months as permanent residents. No Minimum stay or Relocation Requirements.

The Montenegrin passport is currently ranked 37th in the world by ”The Passport Index” (www.passportindex.org) allowing citizens visa-free travel to 117 countries, and is expected to grow significantly following EU accession.