A Montenegrin passport to access Europe's Schengen Area.
As a Montenegrin citizen, you can live and work in Europe's Schengen Area without restrictions and enjoy visa-free countries such as Russia and Turkey, among others.
A soon-to-be EU sovereign that is a member of NATO.
Montenegrin citizenship for you and your family.
Enjoy the natural beauty of the Balkans and the Adriatic.
Montenegro excepcionally allows dual citizenship for economic citizens.
Requirements under the Montenegro Citizenship by Investment Program
Investment Options to Acquire Montenegrin Citizenship
5 Steps to get Montenegrin Citizenship by Investment
1
2
3
4
5
Pros and Cons of Montenegrin citizenship by investment
Benefits
Drawbacks and risks
Visa-Free Travel: Montenegrin citizenship provides visa-free access to over 120 countries, including many European nations and members of the European Union.
Limited EU Mobility: Although Montenegro is an EU candidate country, its citizens do not have the right to live and work in the EU without restrictions.
Low Taxes: Montenegro has favorable tax policies for permanent residents, including low personal income tax and corporate tax rates, making it an attractive location for financial prosperity.
Termination of Program: The Montenegro Citizenship by Investment program was discontinued in December 2022, making it no longer available for new applicants.
Stable Property Market: The country's real estate market is stable and offers luxurious properties at relatively affordable prices, making it an attractive option for investors and homeowners.
Real Estate Overvaluation: The government's pre-approved list of real estate properties for investment can lead to overpriced properties, inflating prices and charging foreigners a premium.
EU Integration: Montenegro is on track for potential integration into the European Union by 2025, offering citizens enhanced economic opportunities, mobility, and international cooperation.
High Public Debt: Montenegro has one of the highest public debt to GDP ratios in the region, currently around 71%, which may impact the country's economic stability.
Growing Economy: Montenegro's economy is experiencing steady growth, presenting opportunities for investment, entrepreneurship, and employment
Montenegro CBI vs Caribbean CBI programs
Caribbean CBIs
Austria CBI
Investment Amount
The Caribbean CBI programs have lower minimum investment requirements, with options starting from USD 100,000 in Antigua and Barbuda, Dominica, and St. Lucia.
The Montenegro CBI program requires a minimum investment of at least EUR 200,000 for at least two years in a private investment fund.
Travel freedom
Caribbean citizenship programs provide visa-free travel to over 140 countries and territories, but the scope of countries may vary depending on the specific program
Montenegro citizenship allows visa-free travel to 127 countries, including the Schengen Area.
Processing time
Caribbean programs generally take less time, with some offering fast-track options that can shorten the processing time to 40 to 60 days
The Montenegro CBI program takes around three to five months to issue a passport to the successful applicant.
Business opportunities
The Caribbean Islands also offer business opportunities, particularly in tourism and real estate
Montenegro is part of the European Economic Area, providing access to a large single economy with promising business opportunities.
Investment options
Caribbean programs typically offer multiple investment options, including real estate, business, and non-refundable contributions to national fund
The Montenegro CBI program focuses on development projects, offering a more specific investment choice.
