montenegro citizenship by investment law

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Наш специалист ответит вам сегодня или на следующий рабочий день. To qualify for the Montenegro Citizenship-by-Investment Program, the main applicant must be over 18 years of age, meet the application requirements, and make the qualifying contributions to the Government of Montenegro. The number of applicants that will be granted a Montenegrin passport is capped at 2,000 for the next three years. It is regulated by a citizenship law, ratified by Parliament in 2008 and published by the Official Journal of Montenegro (No. The Montenegro Citizenship by Investment Program was introduced in 2019 by the Government with the goal to attract more international investors globally. Montenegro is a parliamentary representative democratic republic based on the rule of law and civil, democratic, ecological, social justice. The donations collected from citizenship program is to be used in the development of North of Montenegro Montenegro CBI scheme now open for applications effective from Oct 3, 2019. After several years of planning, the Montenegro government in October 2018 announced the launch of their citizenship by investment program. Eligible dependants include spouse, children up to 26 years of age and parents over 65 years old. SARAJEVO (Reuters) - Montenegro has launched a programme offering citizenship to up to 2,000 foreigners in return for investment over the next three years to … Minimum financial requirement of EUR 350,000 (real estate investment of EUR 250,000 and a donation of EUR 100,000 to the country), Approximately three months from submission of the application to approval, The right of free movement to Montenegro, the countries in Europe’s Schengen Area, Russia, and Turkey, among others. Obtaining Citizenship in Permanent Montenegro - New Law The Montenegrin government enacted a provisional law to be in force between 2018-2021, allowing foreigners to acquire Montenegro citizenship indefinitely if they meet certain conditions. Main applicant must be at least 18 years old. The application process has been made more transparent to avoid the situation of 2010. – The Montenegro Citizenship by Investment Scheme is open to both EU and non-EU citizens – A Montenegro passport provides its holders an access over 124 destinations visa-free or visa-on-arrival including Europe’s Schengen Area, Russia, Singapore and Turkey – Montenegro is a future candidate for EU membership, expected by 2025 We use cookies on this site to ensure the most desirable user experience. Montenegro’s residence by investment Although the investment amount is much less than under the citizenship program, €100,000, passport can only be granted after 10 years of permanent residence and lawfully living in Montenegro. €5 or €15 million investments in tourism or hotel projects with creation of jobs. What is the Government system like in Montenegro? Applicants can apply by investing in one of several government approved real estate development projects. Learn more about the Montenegro Citizenship by Investment program by contacting Savory & Partners. The Montenegro Citizenship-by-Investment Program requires applicants to make a defined economic contribution to Montenegrin society through an investment in an approved development project, and a capital contribution to a fund designated by the government for … Minimum investment €350,000. The investment element ranges from €250,000 in the northern and central region to €450,000 in the coastal region. Contact us today to get expert advice. The Montenegro citizenship by investment programme was launched in 2019. Montenegro Citizenship by Investment program – An overview, criteria, and benefits. We offer personalised and confidential solutions for obtaining second citizenship by investment in the country of your choice. Based on article 17 of the law regarding Montenegrin citizenship (“Official Gazette of MN”, no. Moldova is the cheapest citizenship by investment scheme while Montenegro is quite expensive Applicants must have clean criminal record, have no breaches of international laws, be of good character, in good health and provide funds from a legal source. Learn more about your options for a Montenegrin second passport at APEX Capital Partners. This program will be applied until December 31, 2021. The Montenegrin special citizenship by investment program (MSCBI) is a development mechanism for creating new jobs and raising living standards of the citizens. © 2021 Henley & Partners Holdings Ltd All rights reserved. We will contact you back to confirm your consultation. Citizenship by Investment. To become eligible for citizenship by naturalisation, foreign investors have to satisfy certain financial and other criteria. Detailed information on how we process your data can be found on our privacy policy. The Montenegro Citizenship-by-Investment Program was developed by the Government of Montenegro and was launched in 2019 as part of its ongoing efforts to attract foreign direct investment and increase economic activity in the country. This contribution will be directed to a special fund for the advancement of underdeveloped areas. By continuing to browse this website you are giving implied consent. Minimum investment $100,000. Minimum outlay €350,000; Processing time 3 months; Residency or travel requirements None; Freedom of movement 124 countries Investment Options 2 Overview The newest citizenship by investment programme on the CBI block, the Montenegro Special Citizenship by Investment Program (MSCIP) was launched in November … Ability to prove the source of funds intended to be used for the program. They got a considerable amount of political flack over it and quickly shut the talks down. Please fill the form below to make an appointment. Authorised & Regulated by OISC, F201700041, UK is named the best investment destination in the world, Road is still open for investors and businessmen to come to the UK, Property in Antigua – a home where the sun always shines, The island of St Kitts. If we know anything about the Balkans, it is that things tend to move slowly here. Montenegro flirted with having a CBI program back in the mid-2000s. The Montenegro Economic Citizenship Program (MECP), also known as the “Special Investment Scheme” was launched in 2018 and it allows investors the opportunity to obtain the citizenship of Montenegro in exchange for investment in the country. Although the investment amount is much less than under the citizenship program, €100,000, passport can only be granted after 10 years of permanent residence and lawfully living in Montenegro. The method takes into account a whopping 31 decision factors that are of importance to potential applicants. Find out more about this EU citizenship … The program requires applicants to make a defined economic contribution to the country. – The Montenegro Citizenship by Investment Scheme is open to both EU and non-EU citizens – A Montenegro passport provides its holders an access over 124 destinations visa-free or visa-on-arrival including Europe’s Schengen Area, Russia, Singapore and Turkey – Montenegro is a future candidate for EU membership, expected by 2025 Наш специалист свяжется с вами сегодня или на следующий рабочий день. Apart from the contribution amount mentioned above, applicants are offered to invest in one of the three investment options in government-approved real estate projects: To apply under the Montenegro’s citizenship program, the main applicant must pay an application fee of €15,000 if applying alone. Have one of our qualified advisors contact you today. Get second citizenship by investment for the whole family with access to beneficial taxation and visa-free travel. 7Sky Immigration Citizenship, Second Passport, Residency visa for Montenegro by Investment Program, Real estate, Requirements and all information. These are: 1. The Citizen by investment program of Montenegro is officially announced of new economic citizenship scheme on Oct 1, 2018 for foreign investors. Мы перезвоним и подтвердим вашу запись. To be able to apply for this program, you should be at least 18 years of age, in good health, and without a criminal record. About the Montenegro Citizenship Program After several years of planning, the Montenegro government in October 2018 announced the launch of their citizenship by investment program. Although Montenegro is not yet in the European Union, the process is underway to join the EU in six years. Sectors of the economy that are targeted in the first place are tourism, agriculture and processing. Montenegro’s Citizenship by Investment Program. The investment element ranges from €250,000 in the northern and … https://www.artoncapital.com/global-citizen-programs/montenegro Or fill out one of the forms below Government of Montenegro announced the launch of its citizenship by investment programme in summer 2018 as a second attempt to offer foreign nationals its passport in return for their contribution to the country’s development. The Montenegro Economic Citizenship Program (MECP), also known as the “Special Investment Scheme” was launched in 2018 and it allows investors the opportunity to obtain the citizenship of Montenegro in exchange for investment in the country. Pay €100,000 to the Montenegrin government, which goes into their development fund, supposed to support infrastructure in non-tourist areas of the country. Designed to attract foreign direct investments in real estate and government bonds, the program has received extensive press coverage since inception. We have been helping clients make the right choice in their second citizenship planning. The idea is to jumpstart foreign direct investment (FDI), especially in the undeveloped north, by offering citizenship to those who meet a few criteria. 2. Montenegro Citizenship by Investment Program Guide - Savory & Partners The Montenegrin citizenship by Investment program officially started taking applications in late 2019. FAST FACTS. Montenegro is a limited citizenship scheme only accepts 2000 applications. There are two investment options, Montenegro is offering its applicants to acquire citizenship and residency under their citizenship by investment program which is as follows: An applicant is required to contribute €100,000 to the donation fund run by the government. Step 1: Book an appointment with our specialists and sign a client agreement. Invest in a real estate project approved by the government. Applicants must pay. No criminal record. 13/08), the Government of Montenegro, on the conference on the 20th of May 2010 passed the decision that defined the criteria for determining the scientific, economic, business, cultural and sport interest of Montenegro for the acquisition of Montenegrin citizenship by admission. Starting in January 2019, the Montenegrin government launched a citizenship-by-investment program (CIP). The citizenship program is planned to run till the end of 2021. Montenegro launched an exciting citizenship by investment (“CBI”) program in 2018 to attract foreign investors investing in Montenegro. Besides, it joined NATO in 2017 which guarantees social security and political stability. All investors applying to get a Montenegrin passport are required to make a one-off non-refundable donation of €100,000 to the national fund in the form of the Government fee. In addition to the rather strict mechanisms for naturalisation, Montenegro has a programme of citizenship-by-investment or economic citizenship (ekonomsko državljanstvo), allowing foreigners to be granted the citizenship of Montenegro at the discretion of the Ministry of Interior Affairs and Public Administration. €250,000 if a development project is located in the underdeveloped areas of Montenegro, namely in the northern and central regions of the country. Moldova has no limits. If you meet any of the above conditions, you will be eligible for Montenegrin citizenship. 250 000 EUR investment in land in an undeveloped territory in the north of the country. Learn more about the Montenegro Citizenship by Investment program by contacting Savory & Partners. [22] Montenegro Citizenship Costs. Montenegro, the jewel of the Adriatic Sea and first in line to become the next European Union (EU) member state, is commencing its program of granting citizenship by investment.. However, this is one of the friendliest countries in Europe, thus most of the applicants decide to move here with family members. The highly anticipated Montenegro Citizenship By Investment Program (Montenegro CBI) now affords third country nationals the opportunity to acquire a second passport in 3 months, with investments from only €250,000. Article 12 of the law states that citizenship may be exceptionally granted to individuals on the basis of special contributions (such as economic interest) to the country, which applies to successful program applicants. The Montenegro Citizenship-by-Investment Program requires applicants to make a defined economic contribution to Montenegrin society through an investment in an approved development project, and a capital contribution to a fund designated by the government for … Montenegro is a parliamentary representative democratic republic based on the rule of law and civil, democratic, ecological, social justice. This right applies to all foreigners seeking to invest in Montenegro. In exchange, and subject to a stringent vetting and due diligence process, including thorough background checks, applicants and their families are granted citizenship. The Montenegro citizenship by investment program is a development mechanism for creating new jobs and raising living standards of the citizens. Additional €10,000 are charged for a maximum of 4 family members, and each extra dependant costs €50,000. €450,000 if a project will be launched in the coastal regions of Montenegro and Podgorica, which are developed areas. Successful applicants to the Montenegro Citizenship-by-Investment Program are exempt from the country’s restrictions on dual citizenship stipulated in Article 8 of the law on Montenegrin citizenship. However, development projects will be implemented in other areas as well. The Montenegro citizenship by investment program is a development mechanism for creating new jobs and raising living standards of the citizens. 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. The Montenegro Citizenship by Investment Program has recently established in 2018 through a special decision published in the Official Gazette of Montenegro 34/10, 40/16 and 62/18 and the program came into force on January 1, 2019. Montenegro citizens have access to additional benefits and advantages, including a fast processing time, access to world-class healthcare and freedom of movement. Then the investment program was closed after the international community criticised the government of Montenegro for issuing passports to applicants involved in corruption and fraud. Main applicant must be at least 18 year’s old. The Montenegro citizenship by investment scheme is quite popular among EU citizens as it does not require them to live here before or after being granted a Montenegro passport. Designed to attract foreign direct investments in real estate and government bonds, the program … 5-star living in the Caribbean paradise. Заполните форму ниже для записи на консультацию. Years of debates and discussions followed. It is regulated by a citizenship law, ratified by Parliament in 2008 and published by the Official Journal of Montenegro. Investment Options for Montenegro Citizenship Option 1 Investment from € 350 thousand A non-refundable contribution to the specially created state fund of Montenegro, the funds from which will be directed to the development of local government structures in accordance with the Law of Montenegro "On Regional Development". One of our qualified advisors will get back to you today or next business day. Applicants must pay. Money must be invested in real estate, business or science projects. Citizenship of Montenegro is the citizenship of Montenegro. Everything you need to know about citizenship and residence programs around the globe. Montenegro Citizenship By Investment program was launched on 3rd October 2019 and limited to only 2,000 applications, its offer one of the fastest routes to acquiring an alternative citizenship for investors and their family, in exchange for minimum real estate investment from €350,000 of the total capital amount required. The Montenegrin government enacted a provisional law to be in force between 2018-2021, allowing foreigners to acquire Montenegro citizenship indefinitely if they meet certain conditions. Number: 01-288/2 Podgorica, 21 February 2008 President of Montenegro Filip Vujanovic, propria manu Law on Montenegrin Citizenship Looking to acquire investment citizenship and enjoy visa free travel to EU countries in 2021? The Montenegro Citizenship-by-Investment Program was launched by the Government of Montenegro as part of its ongoing efforts to attract foreign direct investment and increase economic activity in the country. However, It is constantly taking … It is a limited citizenship by investment opportunity of only 2,000 investors approved for citizenship in the next three (3) years. Once received by the relevant government department, applications are processed within three months. Visa-free or visa-on-arrival access to 124 destinations including Europe’s Schengen Area, Russia, and Turkey, Citizenship in a country that is an official EU candidate country, Citizenship in a multinational and multilingual European community that enjoys a mild Mediterranean climate, beautiful scenery, and a low cost of living, Citizenship in a member state of the European Monetary Union, the NATO Alliance, OSCE, and the WTO, Full citizenship granted to the applicant and included family members, Political and economic stability, underpinned by a business-oriented government, An investment of EUR 450,000 to real estate projects in the capital of Podgorica or in the coastal regions, An investment of EUR 250,000 to real estate projects in northern or central Montenegro, excluding Podgorica. 26 years of age and parents over 65 years old magnificent and unparalleled natural beauty the Official of! Requirements, you and your family will get back to you today next. 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