Choose Montenegro citizenship instead of Cyprus!

Published at: 15/10/2020 11:00 am

Choose Montenegro citizenship instead of Cyprus!

Cyprus abolishes its citizenship by investment program, meanwhile, Montenegro continues to offer the most affordable and fastest European passport scheme!


There are only four citizenship by investment programs in Europe. Only Cyprus, Malta, Austria and Montenegro offer naturalisation process and passport in exchange for investment.


Malta changed the original regulations a couple of months ago, and now the applicants must become residents and wait one year to begin the citizenship process of the Mediterranean island nation. Austria's citizenship costs more than three million euros, and dual citizenship is not allowed. Moreover, Cyprus decided to close its citizenship through investment program because of a recent scandal.


However, the most affordable and straightforward European citizenship by investment program from Montenegro is open and waiting for applicants, since 2018. 


Montenegro is a country of high mountains and valleys at the coast of the Adriatic Sea, which makes for some remarkably spectacular scenery – some of the best you can find in Europe. Regarding profitable investments, the government already approved six tourism hospitality projects under the citizenship scheme in the cities of Kolašin, Tivat, Miločer, and Žabljak. 


Please note that Discus Holdings Ltd is one of the only three official agents of the Montenegro Citizenship by Investment Program!


Why chose Montenegro citizenship and get a Montenegrin passport?


  • As a holder of a passport of Montenegro, you have visa-free travel in the Schengen-are and several more EU countries, Russia, Turkey, etc. Montenegro aims to join the EU in 2025.
  • Your family members can become Montenegrins as well. Also, your financially dependent children can become citizens without age restrictions.
  • You don't have to live in Montenegro or learn the local language, and of course, dual citizenship is allowed. 
  • Montenegro uses the so-called "territorial tax system"; it means that only income from Montenegro is taxed. There are also no inheritance, gifts tax, and even the payments from property and life insurance are tax-exempt.


How much is the investment for the citizenship of Montenegro?


There are two types of real estate investments option, and under both options, the applicant must contribute 100,000 euros.


  1. Investment into government-approved real-estate projects in the northern part of the country: 250,000 euros.
  2. Investment into government-approved real-estate projects in the southern part of Montenegro or the capital city of Podgorica: 450,000 euros.


How long does it take to become a citizen of Montenegro through investment?


From signing the contract with Discus Holdings until receiving the passports, the entire naturalisation process may take only three months!


So, the citizenship by investment program of Montenegro is affordable, rapid and offers visa-free Schengen entrance and even tax advantages. Moreover, in 2025 Montenegro can become an EU Member State.


Do you want to know more details about the Montenegro citizenship by investment program? 


Please take a look at the detailed explanation of the Montenegrin passport scheme here or contact us directly to set up a consultation!



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