Montenegro
Also known as the “Pearl of the Balkan”, Montenegro is among the newest countries in the world having declared its independence from Serbia in 2006. The country was a part of the Old Ottoman empire as well as the Kingdom of Yugoslavia. Reminiscences of its historical heritage can be seen in the architecture within the country.
Today, Montenegro is among the fastest-growing economies in the world. High net worth investors have identified this country as one with huge amounts of potential. The citizenship program offered by Montenegro was launched in June 2018. During the first year itself, Montenegro received a huge number of applications, many of which were rejected. The country has set itself a target of granting just 2,000 citizenships during its initial three-year period.
We here at Passport Legacy aim to help investor attain a secondary Montenegro Passport from Dubai. With the country only accepting a limited number of applicants each year, investors who would like to be a part of this program will need to work with a proven agency such as ourselves. Get in touch through our inquiry form or call us to know more about our services.
Who Can Apply for a Montenegro Citizenship
- A non-EU citizen above the age of 18
- Possesses passport and valid travel documents
- Possesses documents validating the source of investment
- Has no criminal record
- Has an attested power of attorney and investment agreement
- Passes diligence test
Montenegro Investment Options
Government Fund Donation = The applicant is required to donate an amount of 100,000 EUR to the Montenegro Government. The donation is non-refundable and will be used for the development of the country’s infrastructure.
Real Estate = The applicant must invest a total of 250,000 EUR in a government approved real estate property in an undeveloped region. The minimum investment amount in a developed region is 450,000 EUR.
Key Benefits of a Montenegro Passport
- Travel to over 118 nations including the Schengen countries without a visa
- Being a NATO country, it is one of the safest countries to make an investment
- The country is soon to become an EU member