Montenegro Citizenship by Investment

About Montenegro Citizenship by Investment Program

Montenegro Citizenship by Investment Program was created in 2018 and launched in 2019.

Although it was supposed to last only three years, the scheme was recently extended for more foreign investors to enjoy the benefits of Montenegro citizenship, some of which include visa-free access to 123 countries. This is due to Montenegro’s membership in the North Atlantic Treaty Organization (NATO).

Montenegro is also part of the E-2 Treaty Program that allows people with Montenegro citizenship to reside and work in the USA.

Time to Citizenship

6 months

Minimum Investment


Type of Investment

Real Estate Investment

Visa-free Countries

123 Including Schengen

About Montenegro

Montenegro is a small Balkan country that shares borders with Serbia, Croatia, Bosnia and Herzegovina, Albania, and Kosovo. Located on the shores of the Adriatic Sea, Montenegro has paradisiac beaches, ancient coastal towns, and majestic mountains that keep the tourism industry active all year round. The official language of Montenegro is Montenegrin, but English is spoken in tourist areas. The official currency is the Euro. Montenegro’s capital city, Podgorica, owns 30% of the total population of the nation (621,873 as of 2020). Montenegro is currently not part of the European Union but it’s expected to join it in 2025.





Total Area

13812 km2




Parliamentary Republic



Montenegro Citizenship and Passport Benefits

  • Montenegro citizenship is easy and fast to achieve via the Montenegro Citizenship by Investment Program. The process usually takes 6 months.
  • You will be granted residential rights in less than one month. However, you’re not obliged to move to Montenegro in order to obtain or keep Montenegro citizenship.
  • You’re not obliged to renounce your previous citizenship in order to obtain and keep Montenegro citizenship if you’ve been approved in the Montenegro Citizenship by Investment Program.
  • High international mobility with Montenegro passport by investment (visa-free access 123 destinations, including Schengen Area).
  • Minimal income tax rates.

Montenegro Passport Ranking

  • The Montenegro passport ranks 46 in the Guide Passport Ranking Index.
  • Although Montenegro is not part of the European Union yet, its passport enables instant travel to all countries in that area, plus Russia, Turkey, Israel, the United Arab Emirates, South Korea, Singapore, and many countries in Latin America, such as Cuba, Panama, Brazil, Argentina, Colombia, Peru, and Chile.
  • In total, countries with visa-free access are 89.
  • Other 32 countries require a visa on arrival: Bolivia, Nicaragua, Jamaica, Saudi Arabia, Jordan, Egypt, Cape Verde, Bangladesh, Cambodia, etc.
  • Sri Lanka and South Korea require an Electronic Travel Authorization (eTA) to allow entry to Montenegrins.

Requirements to Qualify for Montenegro Citizenship

In order to qualify for the Montenegro Citizenship by Investment Program, you must meet the following requirements:

  • At least 18 years old.
  • No criminal record.
  • No sanctions or bans on entry to any country.
  • Good health.
  • Good credit history.
  • Legal funds to make the investment (source must be proven).
  • Previous citizenship must be from a non-EU/EEA country (this Montenegro citizenship program is only for nationals of third countries).

Montenegro Citizenship by Investment Options

You can accede to Montenegro citizenship by donation to a government fund plus investment in real estate under the Montenegro Citizenship by Investment Program.

Minimal contribution to the government fund must be €100,000. Then, you can complete your qualification for Montenegro citizenship by investment in real estate.

Available properties have different values according to their location.

Real estate is cheaper in the northern area of Montenegro. Here, the minimum investment for qualification for Montenegro citizenship by investment in real estate is €250,000. If you’d rather buy a property in the bustling southern and coastal areas (or in Podgorica), it should be worth at least €450,000 for being considered for Montenegro citizenship by investment in real estate. The real estate must be pre-approved by the government of Montenegro for the investment to be valid for the Montenegro Citizenship by Investment Program.

Apply for Montenegro citizenship

How obtain a Montenegro passport

Contact Second Passport to become a Montenegro citizen. You must have Montenegro citizenship in order to obtain a Montenegro Passport.

This is why the Montenegro passport price mostly depends on Montenegro citizenship fees.

Second Passport is a licensed agency that can easily help you submit your application for Montenegro citizenship under the Montenegro Citizenship by Investment Program.
Our specialized team knows exactly what documents you need and how to present them to the authorities for the application to be successful.

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I have minimum US $100,000 to invest