Citizenship Program Montenegro | Get Second Passport from GCI. You want more details about the Montenegrin Citizenship by Investment Program? We are developing solid investment opportunities for our clients around the world to acquire a permanent residence, a second passport and a second citizenship.
Montenegro will launch its own Citizenship by Investment Program in October 2018. The Montenegrin Citizenship by Investment Program will be limited to only 2,000 applicants over a three-year period. The processing time takes around 6 months. The application phase for the Montenegrin Citizenship Program has already started. The applications themselves will then be submitted to the Government of Montenegro in October 1, 2018. We suggest the Montenegrin Citizenship Program will offer our customers a lot of benefits.
The Citizenship by Investment Program Montenegro has been developed by the government as another mechanism for promoting economic growth. Its purpose is to boost the country's development and infrastructure by increasing foreign direct investment into the country in order to ensure a sustainable future. Montenegro is a small, open economy aspiring to join the EU by 2025. "With Montenegro, a new attractive European program will significantly diversify and expand the global citizenship market for investment. This program has the potential to create a series of truly significant cash injections for itself in an economy and as a forerunner of more strategic investments that can help to modernize and diversify the economies of often smaller states and create a better life for them.“ explains Zirbes, Board Member at GCI - Global Citizenship Investment.
Montenegro is situated on the Balkan Peninsula, at the heart of Europe. Montenegro borders with Serbia (to the north), Kosovo (to the east), Bosnia and Herzegovina (to the west), Albania (to the southeast), and Croatia (to the northwest) and has the Adriatic coast on the south. The border is 614km long. The coast is 293km long. There are two international airports - in Podgorica and Tivat. There are ports in Bar, Kotor, Zelenika and Tivat, ferry routes Bar-Bari-Bar and Bar-Ancona-Bar, and the railroad Bar-Podgorica-Belgrade-Budapest. On top of that, the culture is intoxicating and the people are so welcoming - this country definitely won’t stay hidden for long!
Since the restoration of independence in 2006, Montenegro has made a major stride in social and economic development, reinforced its position as the economically most developed country of the Western Balkans and proven to be a safe, politically stable and economically viable country with potential for fast growth. In the Forbes Magazine Best Countries for Business List, Montenegro ranked 50th out of the total of 139 countries ranked on the basis of 11 criteria, with monetary freedom and investor protection identified as its key advantages. Foreign investors may invest in any industry and are free to transfer funds, assets and other goods, including profit or dividend. Foreign investors enjoy national treatment, i.e. have the same status as the domestic ones. The tax system for foreign investors is the same as for local business entities. Corporate income tax amounts to 9%. The tax rate on personal income is 9% i.e. 11% on gross wages higher than € 720. Upon payment of corporate income tax, business entities operating in Montenegro have the possibility to transfer funds to their accounts abroad at the end of the year.
Montenegro is a member of the United Nations, NATO and the World Trade Organization, the Organization for Security and Co-operation in Europe, the Council of Europe and the Central European Free Trade Agreement. Montenegro offers one of the most attractive tax regimes in all of Europe. Furthermore, joining the European Union is on Montenegro’s current strategic agenda and it is working in conjunction with the EU on a path towards joining within the next years.
How to become a Montenegrin citizen? To qualify for Montenegrin citizenship applicants must fulfill the following criteria:
and must fulfill one of the investment options below in addition.
Furthermore our consultants will guide you through the whole submitting process for the Citizenship Program Montenegro.
Applicants must make a significant economic contribution to the country in order to apply for the Montenegrin Citizenship Program and must fulfill two investment options: a contribution in form of a Government fund donation and an investment in real estate.
1. Government Fund Donation plus Real Estate investment (North of the country)
2. Government Fund Donation plus Real Estate investment (South of the country)
How to apply for Montenegrin citizenship? Take a look at the application process in detail and with all its individual steps. Furthermore our consultants will guide you through the whole submitting process for the Montenegrin Citizenship Program.
To prepare the application, we collect all necessary documents from you and also perform a background and security check.
If everything is OK in the first step, we will issue a pre-approval of the application.
Your application will now be submitted to the government for further processing.
Government processing of the application and due diligence checks.
Receipt of the written approval of the application by the Government.
The investment chosen in advance must be made.
The citizenship certificate is issued. Now you are an official citizen of Montenegro.
Your passport will now be issued and ready for pickup.
The Montenegrin passport is a travel and identity document that is issued to citizens who are nationals of Montenegro and allows them to travel abroad. In 2018, holders of a Montenegrin passport could visit 123 countries and territories visa-free or with visa on arrival, ranking the Montenegrin passport 42th in terms of travel freedom according to the Henley visa restrictions index. Passport holders may travel to Singapore and Europe with relative ease and without challenging visa requirements.
|Visa Free Travel||Passport||Costs|
|to 123 countries||after 4-6 months||min. EUR 350,000
+ application fee
|Location||Main City||Total area|
|South East Europe||Podgorica||13,812 sq km|
|€ (Euro)||approx 625,000||42° 26´ N, 19° 15´ E|
Having a second passport has opened up a lot of new opportunities for my entrepreneurship. Now it is much easier for me to open new businesses in other countries or meet with business partners around the world.
Traveling to and within Europe is very pleasant with the Vanuatu passport. This second citizenship has greatly simplified the opportunities to expand my international business.
Fast and uncomplicated process. The support in the application process and the communication from the consultants of GCI was excellent all the time.