
Montenegro CIP, We Hardly Knew Ye
Stephane Tajick laments that Montenegro’s government never gave the country’s CIP a chance to prove its mettle before settling its fate.

Stephane Tajick laments that Montenegro’s government never gave the country’s CIP a chance to prove its mettle before settling its fate.

The government indicated the program’s economic benefits so far did not justify jeopardizing EU accession talks.

A casual conversation with a fellow orchestra member turned Alex Hopkin from violinist to decade-long veteran of RCBI government advisory.

Two companies claim the title to “first successful Montenegro CIP citizenship application”. Who is right? It’s complicated.

So far, five out of the six approved projects are located in the country’s north, where minimum investment requirements for the CIP are considerably lower.

The family have now more than doubled their travel freedom, from an original 61 visa-free destinations on their Egyptian passports to 134 today.

Montenegro’s Citizenship Act had a critical inadequacy; it did not allow those minors, or even adult dependents, to obtain citizenship by investment.

Turkey surprised many by becoming the world’s most popular CIP. None more so than Grenadians, who are finding their cozy corner of the market contested.

But the Fund also cautioned against spending CIP money “before it has materialized” and to keep an eye on the reputation and financial integrity risks.

Three out of four projects so far are in the North, where the required investment is lower. Several more project approvals are expected by the end of the year.

Why is the Turkey CIP the world’s most popular despite its lack of Schengen-access? Why are 98% of Grenada CIP-applicants Chinese? Answer: E2.

So far, the Montenegro CIP has had only one approved development. But many more are slated for CIP-designation in the weeks and months to come.

Concessionaire firms indicated pent-up demand for the most anticipated citizenship by investment programs of recent years would now be unleashed.

Europe’s newest CIP has formalized the requirements for citizenship by investment in agriculture, fisheries, and wood processing.

In a new segment, we answer questions from readers and encourage you to send in some of your own.

CBI real estate doesn’t necessarily have to come with beach cabanas and fruity cocktails; For Montenegro’s upcoming citizenship program, the probable location of its first approved project is a quiet mountain town.

After rejecting all 13 companies that applied to become the Montenegro CIP’s official provider of due diligence services in March

Head of Montenegro’s Secretariat for Development Projects, Dejan Medojević, says he expects to begin receiving applications for the country’s CIP “by the end of this year” and that the program itself will be “fully in place” by 2020.

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.

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.