Nearly a Year After Closing, Montenegro CIP Has Approved Only 484 of 1,100 Applications
The program raised more than EUR 400 million from some 1,100 applicants in its short-lived life. Only 484 have been approved so far.
The Montenegro Citizenship by Investment Program allows those who, in addition to donating at least EUR 200,000 to government funds, make a EUR 250,000 or EUR 350,000 real estate investment in government-designated hospitality projects to qualify for citizenship in Montenegro.
Whether you are interested in projects in Montenegro’s capital Podgorica and the coastal southern regions (EUR 350,000 minimum investment) or in the northern and central regions of the country (EUR 250,000), you’ll find government-approved development projects in Montenegro on IMI Real Estate, as listed below.
To learn further details about what’s necessary to qualify for Montenegrin citizenship by investment, visit the Montenegro Citizenship by Investment Program page.
– Investment requirements
– Investment options
– Processing time
– Physical presence requirements
– Program statistics
– Path to citizenship
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The program raised more than EUR 400 million from some 1,100 applicants in its short-lived life. Only 484 have been approved so far.
With Montenegro’s CIP slated to close at the end of the year and 92 % of CBI-qualifying units in Boka Place sold, now is the time to take action.
Invest in a burgeoning European destination, live in a state-of-the-art home, and become a citizen of a business-friendly, mild-climate country?
As it did in 2021, Montengro’s government says it will end the CIP on new year’s eve. This time, an 11th-hour change of heart is less likely.
40 years have passed since countries first began selling citizenships. See our timeline of the history of citizenship by investment programs.
Nuri Katz calls CBI vetting “the best due diligence known to man.” He also takes part of the blame for the industry’s failure to effectively lobby Brussels.
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