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ORVELLIANTGLOBAL ADVISORY

Citizenship · Europe

Montenegro Citizenship by Investment (Closed)

Status: Closed in 2022

Montenegro's Special Investment Programme for citizenship ended on 31 December 2022. Residence through property remains available.

Decision summary

Minimum investment
Not applicable — closed. The former route required at least EUR 250,000 in an approved project in the north or centre (EUR 450,000 in Podgorica or on the coast) plus a EUR 100,000 contribution.
Important restrictions
No new applications since 31 December 2022.
Program status
Closed

Overview

Montenegro ran a citizenship by investment program from 1 January 2019, capped at 2,000 approved applications. Investors made a government contribution and invested in an approved development project.

The program ended on 31 December 2022 and no new applications are accepted. Applications filed earlier were processed under the old rules.

Foreigners who own property in Montenegro can still apply for temporary residence, which we cover separately.

Investment pathways

Investment pathway
Closed. The former route combined a government contribution with an investment in an approved development project.
Minimum investment
Not applicable — closed. The former route required at least EUR 250,000 in an approved project in the north or centre (EUR 450,000 in Podgorica or on the coast) plus a EUR 100,000 contribution.

Considerations, limitations and risks

Important restrictions

No new applications since 31 December 2022.

  • This program no longer accepts new applications; it is shown for reference only.
  • Former requirements are historical and must not be relied on for a new application.
  • People who obtained status under the program should take advice on their own position.

Status and authority

Operational status
Closed
Official government authority
Government of Montenegro
Legal basis
Government decision of 22 November 2018 on the special investment program.

Programme rules change; your advisor confirms every figure before you commit.

Frequently asked questions

When did Montenegro's citizenship program end?

On 31 December 2022. No new applications are accepted.

What are the alternatives?

Owning property in Montenegro can support a renewable temporary residence permit.

Can I still apply?

No. The program is closed to new applicants. Speak to us about the open alternatives.

Discuss Montenegro with an advisor.

Share your objectives in confidence. An advisor will outline the options that may be relevant to your family and circumstances.