Published at: 15/10/2020 11:00 am
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!
There are two types of real estate investments option, and under both options, the applicant must contribute 100,000 euros.
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.