European Citizenship by Investment Program
Program Overview
The Montenegrin Citizenship Investment Program was initiated by the Montenegrin government as part of its ongoing efforts to attract foreign direct investment and increase economic activity in the country. The Montenegro Citizenship by Investment Program was closed on 31 December 2022. Montenegro is a member of NATO and is elected to soon join the European Union.
Program Details
Time To Citizenship
5-6 months
Visa Free Travel
127 countries
Passport Rank
45th In the world
Minimum Investment
€450,000 EUR
No Residency Requirements
Citizenship Program Established in 2018
Country Overview
Montenegro – The Black Mountain – is a jewel of the Adriatic Sea, nestled between Croatia, Bosnia and Herzegovina, Serbia, Kosovo, and Albania.
Known for its historical cities, crystal clear lakes and beautiful beaches you can also enjoy skiing in the magnificent mountains. Montenegro has 117 beaches spread out over its 293 kilometers of coastline. There are rocky, sandy, small concealed, and magnificent pink pebble ones.
Lake Skadar in Montenegro is one of Europe’s largest bird sanctuaries. It is a crucial stop for migrating birds and is home to approximately 270 bird species. The oldest olive tree in the world is found in Montenegro’s southern town of Bar, where it is known as Stara Maslina. Trees that are more than 2,000 years old are a spectacular sight in a region famed for its hectares of exquisite olive groves.
Capital
Podgorica
Population
642,550
Language
Serbian/Montenegrin
Currency
Euro (EUR)
Exchange Rate
1 USD = 0.94 EUR
Government Type
Parliamentary Republic
Investment Requirements
To benefit the citizenship of Montenegro you were required to make 2 investments:
- A €200,000 EUR donation to the government of Montenegro
- A real estate investment of €250,000 EUR in the Northern side of the country or €450,000 EUR in the southern side of the Country (more developed side)
Visa Free Countries
127 Countries
* Visa on arrival
Americas
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imoerialcitizenship-argentina-300x150.webp)
Argentina
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-boliwia-300x200.webp)
Bolivia *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-brasil-300x210.webp)
Brazil
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-chile-300x200.webp)
Chile
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-colubia-300x200.webp)
Colombia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-costa-rica.webp)
Costa Rica
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-ecuador.webp)
Ecuador
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-french-guiana--1024x635.gif)
French Guiana
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-nicaragua.webp)
Nicaragua*
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-panama.webp)
Panama
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-peru.webp)
Peru
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-suriname.webp)
Suriname
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-uruguay.webp)
Uruguay
Europe
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-albania-300x215.webp)
Albania
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-andorra-300x200.webp)
Andorra
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-austria-300x200.webp)
Austria
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-belarus-300x149.webp)
Belarus
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-belgium-300x260.webp)
Belgium
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-bosnia-and-herzegovina-300x150.webp)
Bosnia and Herzegovina
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-bulgaria-300x180.webp)
Bulgaria
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-croatia-300x150.webp)
Croatia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-cyprus-300x180.webp)
Cyprus
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-czech-republic-300x200.webp)
Czech Republic
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-denmark-300x248.webp)
Denmark
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-estonia-300x191.webp)
Estonia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-faroe-islands.webp)
Faroe Islands
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-finland.webp)
Finland
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-new-caledonia-1024x683.webp)
France
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-republic-of-georgia.webp)
Georgia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-germany.webp)
Germany
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-greece.webp)
Greece
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-greenland-1024x689.webp)
Greenland
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-hungary.webp)
Hungary
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-iceland.webp)
Iceland
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-italy.webp)
Italy
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-kosovo.webp)
Kosovo
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-latvia.webp)
Latvia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-liechtenstein-1024x614.webp)
Liechtenstein
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-lithuania.webp)
Lithuania
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-luxembourg-1024x614.webp)
Luxembourg
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-malta-1024x683.webp)
Malta
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-moldova.webp)
Moldova
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-monaco.webp)
Monaco
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-montenegro.webp)
Montenegro
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-north-macedonia.webp)
North Macedonia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-norway.webp)
Norway
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-poland.webp)
Poland
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-portugal.webp)
Portugal
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-romania.webp)
Romania
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-russia.webp)
Russian Federation
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-san-marino-1024x768.webp)
San Marino
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-serbia.webp)
Serbia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-slovakia.webp)
Slovakia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-slovenia.webp)
Slovenia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-spain.webp)
Spain
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-sweden.webp)
Sweden
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-switzerland.webp)
Switzerland
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-turkey.webp)
Türkiye *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-ukraine.webp)
Ukraine
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-vatican-city.webp)
Vatican City
Asia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-bangladesh.webp)
Bangladesh *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-cambodia.webp)
Cambodia *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-hong-kong-300x200.webp)
Hong Kong (SAR China)
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-kyrgyzstan.webp)
Krygyzstan*
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-laos.webp)
Laos *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-macau-1024x683.webp)
Macao (SAR China) *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-maldives.webp)
Maldives *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-nepal.webp)
Nepal *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-singapore.webp)
Singapore
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-timor.webp)
Timor-Leste *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-uzbekistan.webp)
Uzbekistan
Oceania
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-cook-Islands.webp)
Cook Islands
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-french-polynesia-300x200.webp)
French Polynesia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-micronesia-300x150.webp)
Micronesia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-new-caledonia-1024x576.jpeg)
New Caledonia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-niue.png)
Niue
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-palau.webp)
Palau Islands *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-samoa-300x150.webp)
Samoa *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-tuvalu-300x150.webp)
Tuvalu *
Africa
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-burundi.webp)
Burundi *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-cabo-verde.webp)
Cape Verde Islands *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-comoros.webp)
Comoro Islands *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-djibouti.webp)
Djibouti *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-egypt.webp)
Egypt *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-eswatini.webp)
eSwatini
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-guinea-bissau.webp)
Guinea-Bissau *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-kenya.webp)
Kenya
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-madagascar.webp)
Madagascar *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-malawi.webp)
Malawi
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-mauritania-1024x683.webp)
Mauritania *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-mauritius-1024x683.webp)
Mauritius
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-mayotte-300x200.png)
Mayotte
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-mozambique-300x200.webp)
Mozambique *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-reunion-1024x683.png)
Reunion
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-rwanda.webp)
Rwanda
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-seychelles.webp)
Seychelles *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-sierra-leone.webp)
Sierra Leone *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-somalia-300x200.webp)
Somalia *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-tanzania.webp)
Tanzania*
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-the-gambia.webp)
The Gambia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-togo.webp)
Togo *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-zambia.webp)
Zambia
Caribbean
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-aruba-1024x682.webp)
Aruba
Bonaire; St. Eustatius and Saba
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-cuba.webp)
Cuba
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-curacao-1024x683.webp)
Curacao
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-dominica.webp)
Dominica
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-new-caledonia-300x200.webp)
French West Indies
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-haiti.webp)
Haiti
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-jamaica.webp)
Jamaica
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-saint-kitts-and-nevis-1024x683.webp)
St. Kitts and Nevis
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-saint-lucia-1024x512.webp)
St. Lucia
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-sint-maarten.webp)
St. Maarten
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-saint-vincent-and-grenadines.webp)
St. Vincent and the Grenadines
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-trinidad-and-tobago.webp)
Trinidad and Tobago
Middle East
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-armenia.webp)
Armenia *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-iran.webp)
Iran *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-israel-300x218.webp)
Israel
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-jordan-300x150.webp)
Jordan *
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-lebanon.webp)
Lebanon*
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-palestinian-territory-.webp)
Palestenian Territory
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-qatar.webp)
Qatar
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-audi-arabia-300x200.webp)
Saudi Arabia*
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-united-arab-emirates-.jpeg)
United Arab Emirates
E-visa
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-sri-lanka-300x150.webp)
Sri Lanka
*The list of countries is subject to variations depending on each government’s policy and so is access to these countries.
Organizations
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-european-union.png)
Nominated to join the European Union
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-un-300x278.png)
Member of the United Nations since 2006
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-wto.png)
Member of World Trade Organization since 2012
![](https://imperialcitizenship.com/wp-content/uploads/2024/02/imperialcitizenship-nato-logo-blue.png)
Member of the NATO since 2017