Egyptians Become Montenegro’s First Approved CIP-Citizens After Investing in Ski-Town Kolašin
The family have now more than doubled their travel freedom, from an original 61 visa-free destinations on their Egyptian passports to 134 today.
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Montenegro Enacts Crucial Amendment to CIP Rules, Admitting Minor Dependents
Montenegro’s Citizenship Act had a critical inadequacy; it did not allow those minors, or even adult dependents, to obtain citizenship by investment.
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Turkey is Giving Grenada a Run For Its E2 Money, Three More Competitors Waiting in The Wings
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.
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IMF Predicts €530m Revenue From Montenegro CIP Over Next Three Years
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.
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Montenegro Approves Three More CIP Hotel Developments
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.
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E2-Shortcut to the US: The New Must-Have for Citizenship by Investment Programs?
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.
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Three More Hotels Slated for Montenegro CIP Approval in Coming Weeks
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.
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The Wait is Over: Montenegro CIP Opens For Applications, First Submissions Yesterday
Concessionaire firms indicated pent-up demand for the most anticipated citizenship by investment programs of recent years would now be unleashed.
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Ius Agrariare: Montenegro CIP Sets Rules for Citizenship by Agriculture, Fisheries, and Wood Processing Investments
Europe’s newest CIP has formalized the requirements for citizenship by investment in agriculture, fisheries, and wood processing.
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What’s the Status of Montenegro’s CIP and Why is RCBI a Small-Firm Industry?
In a new segment, we answer questions from readers and encourage you to send in some of your own.
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Montenegro Eyes Ski Resort as Setting For CIP’s First Approved Real Estate Project
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.
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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
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Montenegro: Expect First CIP Applications by End of 2019, Program “Fully in Place” by 2020
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.
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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.
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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.
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Montenegro CIP Rejects All 13 Prospective Due Diligence Providers Over Incorrect Applications
Montenegrin officials said in a press release that none of the 13 due diligence firms (see which below) “complied with the criteria prescribed”.
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Montenegro Invites Real Estate Developers to Apply For CBI-Approval
Project must have five stars (or four in less developed regions), a total investment of at least EUR 15M (or EUR 5M), 80 (or 25) staff, and at least 60 (or 35) rooms.
Read MoreSee the Full List of Firms That Applied for Accreditation in Montenegro CIP
The list of firms applying for intermediary status in Montenegro includes many familiar names, some newcomers, and several surprises.
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More Than 30 Firms Apply for Montenegro CIP Intermediary License, Govt Says
An insider familiar with the process says he believes the government will end up selecting on four or five big international firms.
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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
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