Montenegro Is Open for Business
After much excitement and anticipation, the Montenegro Citizenship-by-Investment Program has now officially opened for business, offering high-net-worth investors significant opportunities in a booming regional market, a powerful passport, and visa-free access to the whole of Europe’s Schengen area.
As well as being a NATO member, Montenegro is a recognized candidate for future membership of the European Union and is currently aligning its policies with those of the EU as part of the standard accession process. The World Bank classifies Montenegro as one of the fastest growing Balkan economies, and the nation is quickly establishing itself as a key strategic destination for some of the world’s most important industries.
The Montenegro Citizenship-by-Investment Program is limited to just 2,000 applicants and offers individuals several options in terms of investment, including a EUR 450,000 investment in projects in developed areas or a EUR 250,000 investment in projects in less developed areas. Applicants are also required to pay a contribution of EUR 100,000 per application, which is directed to a special fund for the growth of underdeveloped areas.
To find out more about the Montenegro Citizenship-by-Investment Program, please contact our experts.