Overview of Montenegro’s Citizenship-by-Investment Programme

Montenegro’s Citizenship by Investment Programme is a very efficient scheme that grants the investor a passport to a European country within a total  period of 6 to 8 months.

Holders of a Montenegrin passport are entitled to Visa-Free or Visa on Arrival access to over 125 countries, including the entirety of the European Union, Brazil, Israel and Turkey.




Individuals must invest in a real estate property worth a minimum of either €450,000 or €250,000 depending on the region.


Ease of Travel

Citizens of Montenegro enjoy the freedom of movement throughout the Schengen Zone, Russia and Turkey.


Fast Procedure

Applications are usually approved within 3 months after being submitted.

Key Features

  • Dual citizenship is permitted for foreign investors.
  • Visa-free or visa on arrival to 126 countries.
  • Perfectly located in the northwestern Balkans, with ease of access to northern, western and eastern Europe.
  • The right to live, work and study in Montenegro.
  • The applicant’s family may also be included within their application.


Financial Criteria

Interested individuals must:

  • Purchase a property worth €450,000 in Montenegro’s capital Podgorica or Coastal Region, or €250,000 in the Central Region (excluding Podgorica) or Northern Region.
  • Donate €100,000 to a Montenegrin national fund.

Personal Criteria

The applicant must:

  • Be over 18 years of age.
  • Have a clean criminal record.
  • Originate from a country outside the European Economic Area.

Step-by-Step Application Procedure

Submit Your Application

Complete your application and submit it.

Qualifying Investment

Make the required investment to receive a Letter of Approval from the Montenegro government.

Receive Your Citizenship

Receive your Montenegrin passport and citizenship.

About Montenegro



Montenegro is a nation located in the northwestern Balkans with a 294km long coastline running along the Adriatic Sea. The nation has a total area of 13,812 km².



Population and Language

Montenegro has a population of 622,137. Although Montenegrin is the official language, Serbian, Albanian, Bosnian and Croatian are also used in an official capacity.



Montenegro received a total of 3 million tourists in 2019 – over 4 times its permanent population.



The educational system in Montenegro is a highly efficient one, producing multiple accomplished individuals.


Health Care

Montenegro’s health care system is constantly evolving, seeing major improvements in recent years. It is financed by a Health Insurance Fund.

Montenegro Factsheet

Continent: Europe

Population: 622,137

Government: Unitary parliamentary constitutional republic

Capital: Podgorica

Language: Montengrin

Currency: Euro

Total Area: 13,812 km²

Time Zone: Central European (UTC +01:00)

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