Montenegro’s new citizenship by investment program (CIP) will open for applications on January 1st. Investment Migration Insider has obtained a full-text copy of the government’s Decision containing, among other insights, the following:
- The criteria for and cost of qualifying as a “Mediation Agents” (known elsewhere as licensed agents).
- The criteria for qualifying as “International Eligibility Evaluators” (known elsewhere as due diligence partners).
- The criteria for qualifying for citizenship by investment for applicants and dependents, along with timelines, procedures, and document checklists.
- The detailed investment requirements according to type and geographic location within the country.
- The detailed criteria for qualifying as a program-approved real estate development.
- Stipulations on payment procedures, including escrow rules.
We note that the Decision appears to exclude dependents over the age of 18 from inclusion in citizenship applications.
Note: While the document is marked “proposal”, Montenegro’s Cabinet has already passed the draft Decision.
Download the full-text Decision PDF below:
Christian Henrik Nesheim is the founder and editor of Investment Migration Insider, the #1 magazine – online or offline – for residency and citizenship by investment. He is an internationally recognized expert, speaker, documentary producer, and writer on the subject of investment migration, whose work is cited in the Economist, Bloomberg, Fortune, Forbes, Newsweek, and Business Insider. Norwegian by birth, Christian has spent the last 14 years in the United States, China, and Spain.