HOW TO GET THE CITIZENSHIP OF MONTENEGRO
The law on the program for the granting of Montenegrin citizenship was issued in November 2018. Initially, the type of investment was determined - it will be necessary to invest in resort-type development projects. The state, through a tender, selected three marketing agents from candidates from around the world for the program in March 2019.
EMG Possession is a licensed Marketing Agent of the Montenegrin Citizenship by Investment Program in Russia.
The state has set a limit of 2000 applications for 3 years from investors from outside the EU.
Why is Montenegrin citizenship attractive?
Visa-free travel to 120 countries, including Schengen countries
Free residence in any EU country
Obtaining an E-2 visa in the USA
Simplified procedure for obtaining British citizenship
Montenegrin citizenship is issued for life and is inherited
Low corporate tax. The rate is 9% of the tax base
No income tax for non-residents, gift tax and inheritance tax
Children financially dependent on the investor can obtain citizenship with their parents
Cost and additional conditions for investing in the program "Citizenship of Montenegro":
depends on the location of the project - north or south of Montenegro.
It takes 5 years to own this property.
A charitable contribution through a special escrow account in the amount of € 200,000 to the state fund, which is engaged in the development of regional regions of Montenegro.
Beware of scammers who will claim that they will start applying for you under the program "Montenegrin Citizenship by Investment". Or offer you to purchase real estate from the private sector in order to obtain Montenegrin citizenship. This type of real estate gives you the right to obtain a residence permit, but not citizenship.
If you would like to receive our newsletter on key news of this and other programs, write to us at [email protected]
With the help of EMG Possession, you can:
register your business in Montenegro,
open an office for your business in Montenegro,
use the services of a tax and legal consultant, accountant,
get support on a real estate transaction,
use immigration services for citizenship or residence permit.
EMG Possession Services
legal support for registration of participation in the program "Citizenship of Montenegro".
any real estate transactions, selection of objects for purchase
overseas property management. Including rental, payment tracking and repairs.
tax planning advice and assistance in obtaining tax resident status.
relocation services to another country and related lifestyle support.
Invest in real estate objects authorized under the Program under construction:
in the northern part of Montenegro from € 250,000
in the southern resort of Montenegro from € 450,000
contribution to the state fund in the amount of € 100,000
The Montenegrin Citizenship by Investment Program - gives you the unique right to retain your original citizenship. ... If you go to the citizenship of Montenegro in another legitimate way, for example, through obtaining a residence permit on the basis of opening a company, and plan, subject to all conditions, to obtain citizenship, then you will need to renounce any other existing citizenship.
EMG Possession is an Official Licensed Partner of the Montenegrin Citizenship by Investment Program Agent.
REQUIREMENTS TO THE APPLICANT
The property purchased under the program must be owned for 5 years.
You do not need to have a residence permit in Montenegro at the time of applying for citizenship.
You do not need to know the local language (Montenegrin).
The authorities do not impose a requirement to reside in Montenegro to maintain the status of a citizen.
After the approval of the application, you will need to visit Montenegro to submit biometric data and obtain a passport.
DUE DILIGENCE DUTIES
For an individual application - € 7,000,
for a family of no more than 4 people - € 10,000.
For each additional family member over four - € 1,500.
In addition, you need to pay for the legal services of our clearance agent,
notary fees and government fees of € 15,000 for the main applicant.
You also need to pay € 10,000 for each dependent family member in the amount of no more than 4 people in total in the application.
And for each family member over 4, you will need to pay an additional fee of € 50,000.
Our experts constantly receive from the founders of the programs up-to-date lists of documents, accurate data on the amount of fees.
In addition, our company directly submits the documents of applicants for consideration to special departments in the countries where the programs are established.
Please note that those wishing to obtain Montenegrin citizenship by investment can only choose from the list of state-authorized projects. Moreover, projects must go through a rather complicated procedure of approval to the end, so that one can invest, fill out an application and apply for citizenship. Our experts in Montenegro are constantly monitoring the situation. At the moment, the list of authorized projects is as follows: