Montenegro property citizenship

Montenegro citizenship by property investment



Montenegro residency by property program

Montenegro is one of the fastest growing economies in the Balkans Europe, the fastest growing tourist destination and as such is becoming a magnet for migrant property investors seeking mobility, security and a first-class quality of life.

Interested investors now have access to a residency program that allows them to obtain a second passport and Montenegrin citizenship through property investment. In 2019, the Government of Montenegro, with the consent of European partners, adopted a program for acquiring economic citizenship of Montenegro with the condition of investing in development projects. The program is limited to a number of 2,000 applications until the end of 2021.

The government has offered for property investors interested in acquiring Montenegrin citizenship a list of development projects for investing in tourism. The list is published on the official website of the Government of Montenegro. The projects concern the southern, central and northern regions.

ADVANTAGES OF MONTENEGRIN CITIZENSHIP

  • Montenegro will become a member of the European Union in 2025
  • Visa-free travel to 137 countries (Schengen zone, Russia, Turkey, United Arab Emirates)
  • Montenegrin citizens can obtain a US E-2 visa, which allows them to live and do business in the US, facilitates the process of obtaining more UK
  • Montenegro is a member of NATO
  • Montenegro is a member of the WTO, OSCE, European Monetary Union
  • The Montenegrin passport ranks 34th in the world
  • Montenegro offers a European lifestyle at lower prices
  • It is not necessary to renounce your citizenship
  • Application procedure in a period of 3-6 months
  • Special benefits for foreign companies of applicants
  • Favorable tax policy (Personal income tax 9-11%, Capital gains tax and profit tax 9%, VAT 7-21%)
  • There is no taxation of inheritance, gifts, income from life and property insurance contracts. Profits earned outside Montenegro are not taxed
  • Existence of interstate agreements that prevent double taxation of Montenegrin citizens

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