Montenegro Citizenship By Investment Programme

Citizenship by Investment within 6 months

Montenegro Citizenship By Investment

Located in South-Eastern Europe, Montenegro (Black Mountain or Crna Gora) is called the Pearl of the Balkans. With a Mediterranean climate on the coast and continental climate inland, this country attracts a lot of visitors also due to the picturesque shoreline and an average of 180 sunny days a year.

Over the past years Montenegro has developed into a stable democratic jurisdiction with a fast-growing market economy.

Open economy and business-friendly environment has become one of the cornerstones of the Montenegrin economic policy.Montenegro is a candidate-country to join EU, and it is expected to enter the European Union in 2025. Until then, citizens of Montenegro can enjoy visa free travel through the European Schengen area, Russia, Brazil, Turkey and many others.  

Country Highlights

TIME ZONE: Central European Time Zone (UTC -01:00)                         POPULATION: 640,000
TOTAL AREA: 13,812 km²VISA FREE COUNTRIES: 123 Countries, including the EU’s Schengen Area, Russia, Brazil and Turkey 
LANGUAGES: MontenegrinNEAREST COUNTRY: Croatia, Italy, Bosnia & Herzegovina, Serbia, Kosovo, Albania

Legal Basis

The Montenegro Economic Citizenship Program (MECP), also known as the “Special Investment Scheme” was launched in 2018 and it allows investors the opportunity to obtain the citizenship of Montenegro in exchange for investment in the country. The Montenegro programme requires applicants to make a contribution to the government as well as to invest in government-approved projects. Applicants and their family members will also be subject to a due diligence process before being able to acquire the citizenship of Montenegro.   

The Montenegro Citizenship by Investment Program will be open only for 2,000 applicants from only non-EU countries for a limit period of three years only.


  • Visa free travel to 123 Countries, including Schengen Area, Russia, Brazil and Turkey 
  • Fast Track application: 6 months 
  • No min. physical stay prior, during or after Citizenship 
  • Family members included and transferable to descendants 
  • Montenegro is a Prospective EU member state
  • Dual Citizenship Allowed 


  • Main Applicant must be at least 18 years of Age 
  • Only Non-EU nationals may apply 

Investor must pay a non-refundable contribution of €100,000 to Government Fund for developing the underdeveloped areas, as well as to invest in Government approved development projects, as per below: 

  • €450,000 in development projects in developed regions of Montenegro (seaside and Capital City – Podgorica) 
  • €250,000 in development projects in underdeveloped regions of Montenegro (North and Central Montenegro, excluding Podgorica) 

The Government approved development projects for the purpose of the MECP, can be from the field of Tourism, Agriculture and the Manufacturing Industry. 

Process & Timeline

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Key Contacts

Dr Jean-Philippe Chetcuti

Senior Partner, Tax & Immigration

+356 22056111

Dr Priscilla Mifsud Parker

Senior Partner, Corporate, Tax & Immigration

+356 22056122

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