It requires applicants to invest in one of the development projects across the country, in return investors and their family members will be granted citizenship after an … Since it’s a direct jump to citizenship (as well as residency) it’s covered in more detail in the guide on how to get Montenegrin citizenship . There are different types of costs in this point. The Montenegro citizenship by investment program is a development mechanism for creating new jobs and raising living standards of the citizens. Montenegro citizenship by investment programme has been launched by the Montenegrin government recently. Montenegro grants citizenship to foreign investors according to its citizenship law of 2008, under economic investment (special investment category). Podgorica, Montenegro (3 January 2019) -- It has been launched a development programme that provides the possibility for persons to acquire Montenegrin citizenship on the basis of investments in the following three years, based on a maximum of 2,000 applications. Montenegro Citizenship by Investment was introduced in the year 2019 with the prime focus of providing Residency and Citizenship. Applicants can apply by investing in one of several government approved real estate development projects. Montenegro is accepting 2000 applicants through its citizenship by investment program. Montenegro is not a part of the EU however by 2025 they will be included in the EU. Montenegro is expected to join the EU by 2025 and after that, the country becomes a part of the Schengen area. This site uses Akismet to reduce spam. Montenegro citizenship by investment 2021, Montenegro Golden Visa Program from Dubai, UAE - This Program provides a fast track for qualified investors to acquire a Permanent Residency by Investment in Montenegro. Better known by the name of ‘golden visa’, this now allows rich foreigners and their families to obtain citizenship by promising to invest hundreds of thousands of euro. Montenegro officially launched is special citizenship investment scheme in 2018 and fully open for first applications from 2019/2020. Citizenship of Montenegro is the citizenship of Montenegro.It is regulated by a citizenship law, ratified by Parliament in 2008 and published by the Official Journal of Montenegro (No. Montenegro offers citizenship-by-investment in an official EU candidate. At the same time, Moldova's CIP program has been suspended until December 2020. The economic citizenship program will be open for applications from Jan 1, 2019, and the scheme is limited to 2000 applications and will run for three years. According to Medojević, there will not be a place either for those working with dirty money nor persons of interests to the security services in this Programme. It is mainly based on jus sanguinis, and in general does not permit multiple citizenship, though there are exceptions. From EUR 350,000. Montenegro Citizenship Programme for Investment Applications under the Montenegro citizenship programme for investment started to be accepted at the end of 2019. Applicants need to fulfill the following criteria: Be a citizen of a non-EU country. To be able to apply for this program, you should be at least … Montenegro Citizenship by Investment Program. Newly launched economic citizenship by investment program opening for applications end of 2019; EUR 250,000 one time investment in development projects approved by Government plus EUR 100,000 contribution to Government (Grant + Investment model. Montenegro’s passport gives access to over 120 countries visa free including EU Schengen countries. It is located in southeast Europe in the Balkan region. Rather, the costs depend on the type of investment you prefer. The program started from January 1, 2019. The Montenegro citizenship by investment programme was launched in 2019. Montenegro will start accepting applications on 1 January 2019, it said in a statement. As of the beginning of 2019, The Government has launched Montenegro Citizenship by Investment program which aims at attracting Foreign Investment to support public projects as well as the development of … The investment element ranges from €250,000 in the northern and central region to €450,000 in the coastal region. Contact us for an obligation-free consultation. Montenegro citizenship by investment programme has been launched by the Montenegrin government recently. MONTENEGRO CITIZENSHIP BY INVESTMENT. The Montenegro Investment Agency has officially published list of approved development projects (mostly hotels in tourism areas) will eligible under special citizenship by investment of Montenegro. Investment. Montenegro launched its Citizenship by Investment Program in 2019, offering a less expensive citizen option than other European countries. In July 2018, the government of Montenegro announced that it would be launching its own Special citizenship by investment programme (SCIP) for non-EU citizens. Montenegro launched a brand-new Citizenship By Investment program in November 2019, and the program is still active as of May 2020. The Montenegro Citizenship by Investment Programme started on 1 January 2019, and it will be limited to 2,000 investors over three years. MONTENEGRO Citizenship by Admission Program: Program start date January 2019: Investment Type (Proposed) Touristic Hotel Investments. Applicants must pay. Montenegro launches its Citizenship by Investment Programme (CBIP) with the aim of encouraging and facilitating foreign direct investment. This special citizenship program for investments is only limited to 2000 investors and will run only for limited time for three years. 13/2008). Requirements. The investment is divided into two parts €250,000 in the Northern and Central Region €450,000 for the coastal region. During summer 2018, the government announced a Montenegro residency by investment program. Montenegro CBI unit appoints 3 authorized marketing agents and 2 due diligence providers. 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. It requires applicants to invest in one of the development projects across the country, in return investors and their family members will be granted citizenship after an … The scheme will last for three years, during which time a maximum of 2,000 applicants will be granted citizenship. The first three licenses issued to three agents are below and these licenses issued from Jun 11, 2019 until Jun 10, 2020 The Special citizenship scheme is expected to commence by end of 2019, as previously announced by the secretariat. The Montenegrin citizenship scheme opens door to hotel developers and resorts participating in the economic development of Montenegro catering tourism market which received over 2 million tourists in 2017. Montenegro economic citizen by investment program to officially open in force effective on Jan 1, 2019. Montenegro had in the past offered economic citizenship to investors from … Perhaps the most important question besides the other advantages of the Montenegron citizenship program is the question of the costs. The idea is to jumpstart foreign direct investment (FDI), especially in the undeveloped north, by offering citizenship to those who meet a few criteria. ; Montenegro is a candidate country for EU membership in 2025 Montenegro is t the latest country to launch a citizenship by Investment program. Costs of Montenegro Citizenship by Investment Program. Montenegro Citizenship by Investment . Effective January 2019 this program is available for up to 2,000 applicants from non-EU countries (with no restricted list of countries), for a limited period of 3 years. Montenegrin Citizenship by Investment. Nonetheless, on 3 October 2019, Montenegro officially launched its ‘citizenship by investment’ programme. Starting in January 2019, the Montenegrin government launched a citizenship-by-investment program (CIP). The window for applications opened on 1 January 2019 and is designed to last for a limited period of three years. The investment requirements are as follows: • €100,000 (£84,438, $113,486) in the form of a Government Fund Donation, and However, if you’re set on a Montenegrin passport, you’ll need to become the proud owner of an apa Montenegro Citizenship by Investment. Possess a valid passport or another document for foreign travel. The State Secretariat of Development projects (CBI unit) , responsible for the special citizenship investment program of of Montenegro, has published the first licenses of authorized agents along with application forms for CBI investors and family members.. Apart from EUR 350,000 investment, there is also provision for big investors eligible for citizenship by making EUR 5 million -10 million in five star hotel projects in Montenegro. 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