How do I become a citizen of Montenegro?

To qualify for the Montenegro Citizenship by Investment Program, the main applicant must be over 18 years of age, meet the application requirements, and make the qualifying contributions to the Government of Montenegro.

How much does it cost to become a citizen of Montenegro?

Investment conditions

Application fee: The applicant must deposit 15,000 euros for an application for themselves, 10,000 euros for up to 4 family members, and 50,000 euros for each next family member, Total investment requires a minimum investment of EUR 350,000 or more.

How long does it take to get Montenegro citizenship?

How long does it take to get a Montenegro Citizenship thru investment? The processing time for a Montenegro Citizenship is 6 months.

Can I get dual citizenship in Montenegro?

In general, dual citizenship is not allowed in Montenegro. According to article 8.2 of the Montenegrin Citizenship Law, the renunciation of previous citizenship is a mandatory requirement, unless a bilateral treaty states otherwise.

Can I immigrate to Montenegro?

A foreign citizen can obtain a residency permit in Montenegro based on a property purchase or work permit. … A temporary residence permit is issued for a period of 12 months, and can be renewed each year. The spouse and children under 18 of the holder of a residency permit are also entitled to residency.

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Can foreigners own property in Montenegro?

Foreign individuals and legal entities can purchase a property in Montenegro. Houses and apartments are easy to acquire by foreigners, but they have to register a company in Montenegro if they want to purchase land in this country.

How do I settle in Montenegro?

Here’s what that list should look like:

  1. Apply for residence on time, months before the arrival.
  2. Hire attorney and real-estate agent that will help you find a property.
  3. Find a good moving company.
  4. Get informed about all the tax and legal requirements.
  5. Set up a bank account in Montenegro.

How do I get a work permit in Montenegro?

Requirements to Obtain Montenegro Work Visas

  1. A valid passport.
  2. Proof of health insurance.
  3. A police background check from the applicant’s country of origin.
  4. A police background check from Montenegro.
  5. An employment offer from a company based in Montenegro.

What is the currency of Montenegro?

The official currency of Montenegro is the Euro. Credit cards are widely accepted throughout the country. Only Bank of England issued bank notes are recognised or exchanged in Montenegro.

What is the cheapest citizenship by investment?

The cheapest citizenship-by-investment program, such as Dominica’s are currently at 100,000 USD and whereas others such as Cyprus and Malta start at seven figures.

What language do they speak in Montenegro?

There is a firm realization in Montenegro that further economic success will be fueled by immigration, so gaining residence is definitely achievable. Montenegro residency is relatively easy to get but there are a few critical steps that must be followed exactly. This guide will take you through the process.

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Can you buy citizenship in Montenegro?

The Montenegro Citizenship by Investment (MECP or CBI) program, launched in 2018. It allows investors from to obtain citizenship in Montenegro in exchange for Real Estate investment and other projects in the country.

How do I start a business in Montenegro?

Requirements for Montenegro Company Formation

  1. #1 Check if your desired name for the company is available.
  2. #2 Certify the company’s founding agreements.
  3. #3 Submit the request application.
  4. #4 Make sure you have the company’s stamp.
  5. #5 Open a bank account within a Montenegrin banking system.