Passport and Citizenship in Montenegro
Citizenship by Investment | Get Second Passport in Montenegro
Republic. Montenegro, formerly part of Serbia and Montenegro, gained independence on June 3, 2006.
Montenegro is bordered by Croatia, Bosnia and Herzegovina, Serbia, Kosovo, and Albania, with some coastline along the Adriatic Sea in the Mediterranean.
Montenegro is a small, open economy aspiring to join the EU by 2020. It is also an economy particularly vulnerable to external shocks, as it relies heavily on capital inflows from abroad to stimulate its growth.
Creating a favorable environment for private sector development requires a restructuring of state-owned enterprises (SOEs) and the rationalization of public spending to reduce the cost of the state.
Moreover, the combined effects of large-scale public infrastructure investments and several new expensive social expenditure programs challenge fiscal sustainability.
Main Benefits of Obtaining Citizenship in Montenegro through the Citizenship-by-Investment Program
- Ability to live in Montenegro without having to obtain visa
- Ability to work
- Ability to buy land freely
- Low tax jurisdiction (both in corporate and personal aspects).
- Visa free visa to all of the Schengen countries in Europe
- Visa-free travel to Russia
- Montenegro has applied for EU membership and in the future it will become a full member state of the EU
Main Requirements
Hold no criminal record.
Has been legally and without interruption staying in Montenegro for the period of 10 years
Applicants have to be at least 18 years old
Has a guaranteed residence and guaranteed permanent source of income in Montenegro
Applicants have to be sound mind and physical health
Possess active command of the basic Montenegrin language
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