Note: This program was discontinued in January 2023.


Economic Citizenship Program

Europe’s youngest citizenship by investment program, Montenegro’s ECP seeks to stimulate investment chiefly in the country’s less developed regions. 

Described by former European Commission President Jean-Claude Juncker as a frontrunner candidate for membership, Montenegro has been in accession talks with the EU since 2012.

Citizenship in Montenegro is available in exchange for either a donation or a property investment. Holders of Montenegrin passports enjoy visa-free travel to 123 countries, including all Schengen states.


Program at a glance

Program TypeDirect Citizenship Program
Time to citizenship4-6 months
Time to permanent residency4-6 months
Minimum investmentEUR 450,000
Physical presence requirementNone, but visit required to complete application
Application processing time4-6 months
Grants visa-free travel to123 destinations, including Schengen countries
Contribution types availableDonation, Property Investment

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Montenegro Citizenship by Investment Real Estate

Property Listings for this program in IMI Real Estate:

List of government-approved property developments:


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Recent stories about this destination

Explore Programs

Direct Citizenship Programs

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Programs that offer citizenship in exchange for investments following a 1-2 year period, with minor/no physical presence requirements.

Active Investor Visas

Programs that offer residence permits within months to those who physically relocate to start and/or run a business. Startup and entrepreneur visas fall under this category.

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