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Citizenship by Investment

Located in the heart of the Balkan Mountains in the south of the Adriatic Sea, Montenegro is lavish with majestic mountains, breathtaking beaches and friendly people. With one of the fastest growing economies in Europe, Montenegro is becoming a leading destination for attracting international investors looking for security, mobility and a higher quality of life. This unique nation proves once and for all that good things do indeed come in small packages.

The Montenegro Citizenship by Investment Program

The Montenegro Citizenship by Investment Program was implemented as a system to increase the standards of living and to create new jobs for the citizens of Montenegro. The Program is designed to grant citizenship to foreigners who contribute to the economic development of Montenegro through investment in business and/or real estate.

Ways of Acquiring Citizenship

Applicants may make two types of investments to obtain citizenship, along with making a donation to the government fund. The investments include the following:

  • Government Fund Donation

A contribution in the amount of €100,000 in the form of a government fee.

AND one of the following options:

An investment of €450,000 in development projects approved by the Government in the established area of Montenegro.

An investment of €250,000 in development projects approved by the Government in an underdeveloped area of Montenegro.

Montenegro Passport

Holders of a Montenegrin passport have access to approximately 122 destinations, visa-free. These include essential business hubs such as Singapore, Hong Kong, South Korea and Switzerland.

Validity of the Passport

Passports are valid for 10 years and are renewable afterwards.

Benefits of Montenegro and the Citizenship by Investment Program

  • Visa-free travel to over 120 destinations including Singapore and Hong Kong.
  • Application processing time can be as little as 6 months.
  • No language test and no business experience required.
  • No military service required.
  • Dual citizenship allowed.
  • Montenegro benefits from being a NATO ally.
  • Candidate for future EU membership, anticipated by 2025.
  • Freedom of mobility to over 120 countries, visa-free.
  • Economically, legally and socially stable country.
  • Low residency requirement.
  • A fantastic climate and exceptional holiday destination, with access to one of the finest yachting marinas- Porto Montenegro.

Program Requirements

To be eligible to apply, the Principal Applicant must:

  • Be at least 18 years old;
  • Not be a citizen of the EU;
  • Be in possession of a valid passport or other foreign travel document;
  • Provide documental evidence supporting the origin of invested funds.

Applications will be denied on the following grounds:

  • Direct or indirect misrepresentation;
  • If the Applicant has a criminal record.

Application Processing Time

Decisions may be rendered in as little as 6 months provided that the investment funds have been granted a positive assessment by the international due diligence agent.

International Organization Membership

Montenegro is a member of the following international organizations:

  • The United Nations;
  • NATO;
  • The Council of Europe;
  • The Regional Cooperation Council;
  • The Central European Initiative; and
  • The Central European Cooperative Initiative.


622,471 (2017)

GNI per Capita

$7,120 US (2016)


Montenegrin (official)


Euro. 1 € = 1.13 USD




Average all year round of 5°C – 27°C

Major Religion

Orthodox Christianity




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