Montenegro CIP Finally Picks Official Due Diligence Providers

After rejecting all 13 companies that applied to become the Montenegro CIP’s official provider of due diligence services in March this year, the government’s Secretariat for Special Projects has announced that it received 11 correctly filed applications by the April 1st deadline, from which it has selected two companies, one based in Canada, the other

Read more

Montenegro Sets Deadline for April 1st in 2nd Attempt at Picking Due Diligence Providers

Having rejected the applications of all 13 prospective due diligence providers for the Montenegro Citizenship by Investment Program, the Secretariat for Special Projects calls on candidates to submit their applications – this time filled out to the letter – before April 1st.

Read more

Montenegro Picks Only Three Firms – Arton, Apex, and Henley & Partners – as Approved Intermediaries

In a succinct statement on its website, Montenegro’s Secretariat for Special Projects reveals it has picked Henley & Partners, Arton Group, and Apex Capital as approved intermediaries for the country’s upcoming citizenship by investment program.

Read more

Con Artists Swindle Thousands in Istanbul for Fake Montenegro Passports

“They were asking people to pay between 7,000 and 12,000 euros for this so-called Montenegrin citizenship,” said Akkan Suver, Montenegro’s honorary consul general to Istanbul, according to Daily Sabah. He explained that the fraudsters had opened a consulting agency office near the official consulate building on the European side of Istanbul, as well as a variety

Read more

Montenegro CIP Opens Applications for Agents, Due Dil. Firms: Deadline is 28 Days Away

The government of Montenegro today announced it will be accepting applications from prospective intermediary agents, as well as due diligence companies, for its new citizenship by investment program. Prospective service providers must lodge an application by February 1st. Originally slated for a premiere in October 2018, Montenegro’s new CIP – technically named The Special Investment

Read more

Montenegrin Citizenship Act Raises Questions About CIP’s Legal Basis

Montenegro’s long-heralded Citizenship by Investment Program (CIP) is finally slated to open for applications on January 1st. But a closer look at its Citizenship Act reveals an amendment may be necessary before the country can legally naturalize the dependents of investors. Minor dependents; major issues The Montenegrin Citizenship Act states in Article 12, which would

Read more

Sneak Peek: Montenegro CIP’s Full List of Requirements, Procedures, and Prices

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

Read more

Montenegro Govt. Publish CBI Real Estate Requirements

The government of Montenegro yesterday passed the Decision on the criteria, method, and procedure of the Montenegro Citizenship by Investment Program. In a press release, the Deputy Prime Minister clarified the requirements for developers of CBI- qualifying real estate, revealed details about discussions with the EU, and indicated he was not opposed to publishing applicants’

Read more

Citizenship by Investment Will Raise €1bn in 3 Years for Montenegro Predicts Arton

During an interview with Montenegrin state broadcaster TVCG, Armand Arton said he reckoned the country’s new citizenship by investment program will bring in a billion euros over the next three years and that Montenegro could become “the Davos of the Balkans”. The program, he explained, would initially be limited to 2,000 investors and their family

Read more

As Moldova and Montenegro CIPs Approach Announced Opening-Date, Only One Appears to be On Track

Both Moldova and Montenegro this summer announced they would be opening their respective citizenship by investment programs in October this year. While Moldova appears to be launching with only a few weeks delay, service providers and agents despair at the lack of official information from Montenegro and doubt the program will open by the announced

Read more

A History of Citizenship by Investment – Infographic

From Saint Kitts & Nevis in 1984 to Jordan, Moldova, and Montenegro in 2018; we’ve made a step-by-step guide to the history of citizenship by investment programs. The infographic, originally published in June 2017, has been updated to reflect the new citizenship by investment programs in Moldova, Montenegro, and Jordan. We’ve also expanded it to include

Read more

What Makes Montenegro Think its Passport is Worth EUR 350,000?

Montenegro and Moldova will both launch citizenship by investment programs (CIPs) by October. Neither are EU-members, both have visa-free access to Schengen, but Montenegro has priced itself far above Moldova. Why? At the very least, a Moldovan citizenship will cost applicants EUR 135,000 (single applicant donation of EUR 100,000 + government fees), while a Montenegrin

Read more

BREAKING: Montenegro to Open Citizenship Program by Oct 1st – Min. Investment Starts at €250,000

The government of Montenegro has this evening announced in a press release that the country will be opening its long-awaited Citizenship by Investment Program by October 1st this year. The minimum investment is set at EUR 250,000, but with an additional government fee of EUR 100,000 per application. Press release (reprinted in full, translation by

Read more