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Citizenship by Investment

Citizenship by Investment

Montenegro launches its Citizenship by Investment Programme (CBIP) with the aim of encouraging and facilitating foreign direct investment.


€100,000 donation

to a Montenegrin government

development fund

€450,000 investment

investment in government-approved

development project

To apply, investors should hold a valid passport, have proof of no criminal record and be able to demonstrate that investment funds have been legally obtained.


Henley & Partners


APEX Capital Partners

Important Information

  • 2,000 citizenship applications available over a period of three years
  • Programme expires once the quota is filled or the three-year period lapses
  • Successful applicants granted full citizenship within six months
  • No language requirements
  • No obligation to relocate

Citizenship & Boka Place

Buyers of residences at Porto Montenegro’s newest development, Boka Place, can secure single or multiple investments from the new Kerzner-Managed Residence portfolio to meet the CBIP minimum investment threshold.
Porto Montenegro’s newest neighbourhood is home to a diverse community designed to offer the best in urban-living – with light, airy spaces that attract colourful enterprise from retail to gastronomy and everything in-between.


Benefits Of Montenegrin Citizenship

One of the goals of the programme is to encourage investment across Montenegro, as well as boosting the local economy and offering a safe and secure environment for investment. In return, investors receive:

  • The 44th ranked passport for global mobility
  • Visa-free access to 124 countries including
    the Schengen Area, Russia and Turkey
  • Official EU candidate with planned
    accession by 2025

Montenegro Lifestyle

  • Multinational and multilingual community
  • Mediterranean climate
  • Low cost of living
  • Member state of the European Monetary
    Union, the NATO Alliance, OSCE and WTO

Taxation Benefit

  • Euro currency
  • No foreign exchange controls
  • 9% withholding tax
  • Tax levied on ownership of property
  • 3% tax levied on transfer of immovable property
  • 3% tax levied on inheritance of real estate
  • Low personal and corporate tax rates of 9%
  • 21% VAT and reduced rate of 7% levied on certain goods services
  • Taxation treaties with over 40 countries

Get in touch

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