The implementation of the project "Citizenship of Montenegro by Investment" began on October 1, 2019. The validity period is three years. Interested candidates must invest from 250 thousand euros in one of the projects in the north of the country or from 450 thousand euros - on the coast or in the capital of the country - Podgorica.
The entrance fee upon application is 100 thousand euros. This money is not returned to the candidate, regardless of the decision made - positive or negative. Buying real estate in Montenegro does not provide an opportunity to obtain citizenship, only a residence permit.
Applying for citizenship can be done remotely, applicants need to come to the country once. At the same time, investors and members of their families will not need to give up their initial citizenship in favor of Montenegrin, it will be possible to maintain both.
Among the projects approved by the state are four hotels in Kolasin - The Westin Ski Resort, Breza, K-1600, Bjelasica 1450, as well as the Durmitor Hotel and Villas in Zabljak, Kraljičina plaža near Sveti Stefan and apartments in the Dukley Gardens complex.
You can find out about the benefits of obtaining Montenegrin citizenship, as well as learn more about approved projects in our article about citizenship.