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. Can you afford to take a gamble and buy a European citizenship for cheap to get the full benefits of living and working anywhere in the EU in five years time? Montenegro Resort, Property, Aparthotel. It has access to the glimmering Adriatic, some of the prettiest mountain landscapes in Europe (featuring ski resorts), historic walled towns, and is well on its way to becoming the next Croatia. Investment in a government approved project, either €250,000 investment in the north of the country, Or €450,000 investment in the south of the country. of Montenegro is great. The good news is that the investment is recoupable. 15 000 EUR for single Government Application fee plus each member 10 000 EUR up to 4 members, each member more is an additional 50 000 EUR. WHY MONTENEGRO? Montenegro is a Balkan Country, located in the west-central Balkans, at the southern end of the Dinaric Alps. Utilize Montenegro’s infrastructure to do business throughout Europe. Go through a preliminary check with your agent. You also won’t have to renounce any other citizenship. Submit your application and wait up to 6 months for an outcome; due diligence will be conducted. The absolute minimum that you need to invest is. Access to 120+ countries without a visa sure sounds good, but plenty of other CBI programs offer the same, or better. It is located in the southeastern shoreline of the Balkan Peninsula. You’re right, there are hidden fees and a few things to watch out for. Call us: +66 99091 8357 A couple investing in the luxurious coastal area will have to shell out €575,000. Lake Skadar, Kolasin and Zabljak are all places where you can invest just €250,000 to obtain a Montenegrin passport. -. That’s why they’ve overpriced their CBI program, hoping that people are willing to pay more on the assumption that they will be full-fledged European Union members rather soon. So, if Europe is a focal point for you in terms of doing business, it might make more sense than buying a citizenship in, 2. Your email address will not be published. The difference from other CBI programs is that Montenegro’s has an expiration date – 31st of December 2021. Initially, we felt that Montenegro didn’t offer much to the Nomad Capitalist, but we said the same thing about the Turkish CBI program when it first launched. You will only need to travel to Montenegro when your application is approved and you need to collect your actual passport. Fast settlement in Europe with a Montenegrin passport obtained in just 3 months. And if you want to invest in the capital of Podgorica instead, you will also need to invest the €450,000 amount. Welcome to the page for getting another citizen of GCI where you will meet experts in the area of ââobtaining another citizenship. Because Montenegro’s economy depends heavily on tourism, the government is seeking to diversify by offering citizenship by investment to high-net-worth individuals. And, with more than a dozen programs to choose from, how does Montenegro’s program stack up? Our projects are productive and unique, and unlike others, we approach each individual in a unique way in which every aspect of our client's needs is taken into account and directed to the best possible solution. Regardless of whether you hope to explore the possibilities of opening up and expanding businesses - or to discover the benefits of visa-free travel or - which is most important - to secure your wealth for your descendants, our experts in this field have the enthusiasm and the highest quality information for acquiring adequate citizenship for you and your family. But if you don’t care about being in Europe, then. Montenegro is not a member of the EU yet, but it’s predicted to join by, Even though plenty of Nomad Capitalists have been lured to vacation in Montenegro and revel in its luxuriousness – including Andrew, who has a vacation home there – not many have realized that it also presents some, Before we get to the nitty gritty of Montenegro’s CBI program, we want to get you up to speed with, Countries that lack foreign investment, are overly reliant on one or two industries, or simply have no other way to give their citizens a better life, are typically the ones to launch these programs. And for a fraction of the price. These are non-immigrant US visas, unlike EB-5, these visas require low investments and fastest visa processing times. Montenegro Hotel Investment | Citizenship by Investment. No data on the nationalities of applicants has been published yet, so it remains to be seen if Russians make up the majority. 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. But if you don’t care about being in Europe, then the Caribbean programs – sometimes at a third of the cost – will make more sense. Option 1. Want to Enjoy Citizenship in Montenegro Like These Nomad Capitalists? Turkey has since turned their program around, as it was a massive flop in the beginning. The government took a step to attract direct foreign investment and launched the Montenegro Citizenship by Investment Program. Montenegro Citizenship by Investment – an Attractive European Program. But once you do, you need to spend 5 days in Montenegro over the period of 5 years to retain the citizenship and get your passport extended. 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. The offer sure is tempting. The total required investment is slightly more than we’d find optimal, but it is a really good proposition when you consider that the country will soon be part of the European Union. The Montenegro Special Citizenship by Investment Program (MSCIP) will require investments in economic activity (business) that will contribute to the economic development of Montenegro and/or investment in real estate and/or payment of funds into a special account of the Budget of Montenegro. Temporarily put on … 7. E-Mail: Years of debates and discussions followed. Montenegro’s citizenship by investment program is one of the best value options for a second passport right now. €100,000 donation to the government of Montenegro, which will be used to fund development projects. In order to get a better impression of Montenegro, we would like to show you some impressions of this wonderful country. Montenegro has unilaterally joined the euro zone, so all economic activity within its borders happens in this European currency. Donations in Government funds in the amount of 100 000 EUR, 15 000 EUR for single Government Application fee plus each member 10 000 EUR up to 4 members, each member more is an additional 50 000 EUR, 250 000 EUR investment in land in an undeveloped territory in the north of the country. Second, passport quality. We’ve done this before. The new economic citizenship scheme announcement for foreign investors happened on Oct 1, 2018. A donation is not unusual when it comes to CBI programs and other jurisdictions. Montenegro is a candidate for EU membership and has lowest property prices. Finally, it launched on January 1st, 2019. The real attraction of Montenegro is its imminent membership in the EU. Montenegro will launch its own Citizenship by Investment Program in October 2018. In the recent “Best Citizenships rankings” for 2020, Montenegro was ranked 3rd best citizenship by investment program. . The Corruption Perception Index that is put together by Transparency International has ranked Montenegro as 67th out of 180 countries in the world. Malta and Cyprus will both set you back considerably more. Viber: +678 535 7130 Heavily reliant upon tourism, thanks to its natural beauty, the country doesn’t have much other choice but to capitalize on its European location and quality of life. This makes the country a bit more expensive than neighboring Serbia, for example, but it also improves its economic stability. The processing time takes around 6 months. Montenegro has signed an E-2 Investor Visa treaty with the United States, allowing Montenegrin passport holders to live and work in the States. There are different types of costs in this point. High public debt. We’ve included the euro under the list of pros of Montenegrin citizenship, but it can really go both ways. The soonest that will happen is in 2025. If we know anything about the Balkans, it is that things tend to move slowly here. Once Montenegro joins the EU, the passport rank will grow significantly. Montenegro is highly connected to Europe and all of its major hubs. If Montenegro joins the EU, this is your cheapest path to eventual EU citizenship. So, if Europe is a focal point for you in terms of doing business, it might make more sense than buying a citizenship in St Lucia, for example. In exchange, and subject to a stringent vetting and due diligence process, including thorough … It’s definitely far above the competition in nearby Moldova and Bulgaria. . Looking to acquire investment citizenship and enjoy visa free travel to EU countries in 2021? Expected to happen in 2025, citizens of Montenegro will then be able to travel, live and work in whichever EU country that they choose. However, this is one of the friendliest countries in Europe, thus most of the applicants decide to move here with family members. Note, that there are also governmental fees to pay for your application processing and the amount will depend on your family setup: Then, the total outlay for a solo applicant making an investment in the cheaper north comes to €365,000. It’s a fund designated by the government to help underdeveloped areas of the country that would certainly not get foreign investment otherwise. For example, Montenegro would never get away with selling their passport for a couple of million euros like Cyprus does, because it doesn’t offer the same benefits. 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