Golden Passport Record

Montenegro ยท citizenship by investment

Montenegro Citizenship by Investment Programme

Closed as of 31 December 2022

Montenegro's European Affairs Ministry said the programme was officially completed on 31 December 2022, as reported by RFE/RL.

Lowest stated minimumEUR 250,000real estate
Launched2019
Processing time (official)Not applicable, programme closed.
Data checked27 October 2026

Investment routes

RouteMinimumHolding periodNotes
real estate1EUR 250,000Historical. Minimum investment, mostly in short term rental and hotel properties, as reported by RFE/RL. No longer available.

Rules

Legal basis

Government decision on criteria for acquiring Montenegrin citizenship through investment (title and number not confirmed in sources read)

Due diligence

Applicants were screened by two outside firms, one British and one Canadian, and RFE/RL reported that some Russian applicants cleared by those firms were later rejected by Montenegrin authorities over security concerns.

Residence requirement

Not applicable, programme closed.

Programme history

Sources

  1. Radio Free Europe/Radio Liberty (Balkan Service), Months After It Renounced Them, Montenegro Still Has Hundreds Of 'Golden Passports' In The Pipeline (19 November 2023)

Figures are the minimums and fees stated by the programme or its regulations on the date shown. Agents' fees and other costs are extra. This is not investment or immigration advice.