Montenegro Citizenship-by-Investment Program

Located in the Balkans, Montenegro is considered one of Europe’s most naturally stunning, economically dynamic and up-and-coming countries on the continent.

Montenegro is a democratic country that became a member of NATO in June 2017 and is on course for accession to the European Union by 2025.

Luxury tourism continues to be an important industry for the country, with Porto Montenegro, Tivat at the centre of it all. This popular town includes a stunning marina, luxury yachting community, bars, nightclubs and high-end real estate.

  • Montenegro citizenship and passport within 4-6 months
  • Lowest property prices in Europe
  • Free movement in EU countries and Schengen area
  • Visa-free access to 123 countries
  • Low corporate and personal income tax and no tax on inheritance or gifts

Montenegro Citizenship by Investment Process

The process to obtain citizenship is expected to take four to six months starting from the initial consultation to receiving the passport(s).

The main applicant may also add a spouse, children and dependant adult children within the application. Dependent children under 18 can also receive citizenship.

Montenegro Citizenship by Investment Requirements

To qualify for citizenship, the main applicant must be over 18 years of age, be a non-EU citizen, have no criminal record, be in good health, have a proven source of funds and pass strict government due diligence checks. In addition, the main applicant must make a non-refundable donation to the Government Fund of Montenegro and invest in a unit in a government-approved real estate project.


In addition to the real estate purchase, applicants must make a non-refundable donation to the Government Fund of Montenegro in the amount of EUR 100,000.

Government Processing Fees

  • EUR 15,000 for the Principal Applicant
  • EUR 10,000 for each family member, up to four dependants
  • EUR 50,000 for each additional dependant above four

Real Estate

Applicants purchase a property in a government-approved real estate project by meeting one of the following criteria:

  • EUR 450,000 investment in real estate on the coast of Montenegro or in the capital city of Podgorica,


  • EUR 250,000 investment in real estate in the northern part of Montenegro

In addition Government Due Diligence Fees are as follows:
EUR 7,000 for the Principal Applicant, EUR 1,500 for each dependant, or EUR 10,000 for a family of four.

Why Consider the Montenegro Citizenship by Investment Program?

European Union
In 2006, Montenegro started the process of accession to the European Union. It has since garnered widespread support from EU officials and is most likely the next country to gain membership in 2025.

Should the country join the EU, citizens of Montenegro would have the same rights as other EU citizens such as the right of establishment in all EU Member States. While the Montenegrin passport currently affords visa-free travel to  over 120 countries, this number would certainly increase substantially once it joins the EU.

Dual Citizenship
Montenegro does not impose any restrictions on dual citizenship for successful applicants.

Montenegro has a favourable tax regime with resident individuals paying between 9% and 11% of their personal income. Non-residents pay 5% tax on interest income and 9% withholding tax on dividends and royalties earned in Montenegro only. VAT in Montenegro is set at 21%, excluding services in five-star hotels and marina berths for boats and yachts which are at 7%. The country has a very competitive corporate income tax at a flat rate of 9%.

Request the Program Brochure for Montenegro

Montenegro Program Summary