http://www.klo.co.me/. Expected to become an EU member in 2025, Montenegro offers an incredible opportunity to invest in the future of the fastest growing economy in the Balkan region. No min. Currently, the only … EB5 BRICS Phone: +1 (213) 344-5941 … Montenegro Country profile; Benefits of the program; Investment requirements; Visa-free and visa-on-arrival … Dual Citizenship--Physical Stay--About Montenegro . It is very important to double check whether your country allows dual citizenship before trying to get it. Montenegro is situated on the Balkan Peninsula, in southeastern Europe. The country has set itself a target of granting just 2,000 citizenships during its initial three-year period. Definition: This entry provides information related to the acquisition and exercise of citizenship… Non-residents pay 5% tax on interest income and 9% withholding tax on dividends and royalties earned in Montenegro only. Fast settlement in Europe with a Montenegrin passport obtained in just 3 months. Benefits of dual citizenship. For most people, the road to a passport will be a fairly intensive process. Minimum Investment. Morocco: Yes: Mozambique: No: Myanmar, Burma: No: Namibia: Yes: Dual citizenship allowed only for Namibian citizens by birth. Montenegrin citizenship solution. Second citizenship can offer full access to health care, education and a different way of life. There are many more benefits of holding multiple passports. As Montenegro swiftly works its’ way towards EU ascension, acquiring Montenegrin passport today can be an excellent investment in your future! To become eligible for citizenship by naturalisation, foreign investors have to satisfy certain financial and other criteria. Montenegro signs the European Convention on Nationality but rejects dual citizenship. Please check back soon. Montenegro economic citizenship program (ekonomsko državljanstvo), allows foreigners to be granted the citizenship of Montenegro … [email protected] Factbook > Countries > Montenegro > Government. Montenegro had a conflict-filled history in the 20th century and its track record as a stable democracy is relatively short. It is very important to double check whether your country allows dual citizenship before trying to get it. It is very important to double check whether your country allows dual citizenship before trying to get it. Montenegro is a young country with a bright future. We are currently researching Steve Montenegro’s political policies. 5 days during first 5 years of citizenship. Montenegrin citizenship may be acquired based on a ratified international treaties or agreements signed by Montenegro. Viber: +678 535 7130 Montenegro has signed E1 and E2 treaty with United States since 1882, which are better alternatives for EB-5 scheme. Contact us, if you have questions. Permanent residency status is granted after solely three weeks upon submission of the application. physical stay prior, during or after Citizenship . Montenegro has a attractive coast and a mountainous northern region with over 1.6 million tourists visiting the country. Posted on May 26, 2010 July 28, 2017. Time To Citizenship. Montenegro is a country that allows dual citizenship, so obtaining your second, third or subsequent passport won’t be a problem. Montenegro allows its citizens to hold foreign citizenship in addition to their Montenegrin citizenship. The application to attain this citizenship through investment is a also a brisk one, taking up only 6 months. Here’s how to get a Montenegrin passport. If the person also holds citizenship from a country with a reciprocal, bilateral agreement with Montenegro. The foreign companies of Montenegrin citizens are not subject to coercive registration in Montenegro, which guarantees maximum confidentiality of international business ownership. Continue reading “How to Get a Montenegrin Passport ” Posted on January 24, 2019 January 18, 2021. Montenegro permits dual citizenship in very limited circumstances. But there are a few exceptions. Montenegro to at least one Montenegrin parent, or out of Montenegro to a Montenegrin parent and the other stateless or of unknown citizenship, or he/she was born to a Montenegrin parent and a foreign citizen and opted for Montenegrin citizenship between the ages of 18 and 23. One of the exceptions refers to citizens who were the holders of dual citizenship before Montenegro declared independence on 3rd June 2006. 2. Montenegro citizenship by investment 2021, Montenegro Golden Visa Program from Dubai, UAE - This Program provides a fast track for qualified investors to acquire a Permanent Residency by Investment in Montenegro. Global Office Locations. If you hold dual citizenship, the Montenegrin authorities will consider you a citizen of the issuing state of the passport with which you entered Montenegro. This allows investors to manage their wealth more efficiently and effectively. III CESSATION OF MONTENEGRIN CITIZENSHIP Article 19 Montenegrin Citizen by Investment. The latter may include an investment of either €250,000 in development projects in under-developed regions of Montenegro, or €450,000 in development projects in developed regions of Montenegro. Dual Citizenship Montenegro does not impose any restrictions on dual citizenship for successful applicants. However, there are a few exceptions to this rule. Citizenship: citizenship by birth: no . Applicants must have clean criminal record, have no breaches of … There are also provisions for citizenship-by-investment, though the government … On the basis of the international treaties and agreements referred to in paragraph 1 of this Article, dual citizenship may be established, on the condition that it is reciprocal. Montenegrin citizenship may be granted to a person, in accordance with the interests of Montenegro, if they apply for the citizenship and fulfill the following requirements: They are 18+ years of age. Montenegrin citizenship may be acquired based on a ratified international treaties or agreements signed by Montenegro. The processing time takes around 6 months. According to article 8.2 of the Montenegrin Citizenship Law, the renunciation of previous citizenship is a mandatory requirement, unless a bilateral treaty states otherwise. Montenegro will launch its own Citizenship by Investment Program in October 2018. The Montenegro Citizenship by Investment Program will be limited to only 2,000 applicants over a three-year period. The country has the lowest personal income tax rates in Europe. No restriction on Dual Citizenship. During the first year itself, Montenegro received a huge number of applications, many of which were rejected. ©   GCI - Global Citizenship Investment. Based on article 17 of the law regarding Montenegrin citizenship (“Official Gazette of MN”, no. E-Mail: The Citizen by investment program of Montenegro is officially announced of new economic citizenship scheme on Oct 1, 2018 for foreign investors. 13/08), the Government of Montenegro, on the conference on the 20th of May 2010 passed the decision that defined the criteria for determining the scientific, economic, business, cultural and sport interest of Montenegro for the acquisition of Montenegrin citizenship by admission. It grants an opportunity to acquire second citizenship in Montenegro by applying for the national Citizenship by Investment Program, known simply as “CIP”. 350,000. Since … Montenegro Citizenship by Investment Program. Phones: Montenegrin Citizen by Investment. In order to shorten the time of obtaining citizenship, some countries approve the status of permanent residence for people who marry their citizens. Our team speaks English, Hindi, Urdu and Punjabi. On 28 April 2010, Montenegro ratified the Council of Europe’s Convention on the avoidance of statelessness in relation to State succession, signed on May 11, 2007. Montenegro allows dual citizenship you are not obliged to relinquish your current citizenship nor to learn the Montenegrin language. But there are a few exceptions. In 1905, Nicholas I of Montenegro's "Statute of Montenegro" promulgated further guidelines, for th… Montenegro Citizenship. Unlike other CBI options, however, Montenegro is not yet part of the European Union, although this is expected to change in 2025. They were released from citizenship of another country. Citizenship is passed by descent. Economic citizenship. www.citizenship-program.com/montenegro That may lead some to wonder: Can I keep my current citizenship and become a dual citizen of Montenegro?The short answer is no. Countries & Territories . Dual & Multiple Citizenships are legally possible in Montenegro and there is no language requirements. You also won’t have to renounce any other citizenship. Montenegro launched its Citizenship by Investment Program in 2019, offering a less expensive citizen option than other European countries. dual citizenship recognized: no . One of the most anticipated Citizenship by Investment programs in Europe, bringing global mobility, increased security and quality of life for foreign investors and their families, with a minimum capital requirement of €350,000. Not all countries allow their citizens to have dual citizenship. The official currency is Euro and country’s GDP is $11.3 billion. Dual Citizenship. On the southern coast of Montenegro and Podgorica: Minimum 60 rooms 5 Star Hotel with at least 15 Million EUR investment and 80 employees. It is mainly based on jus sanguinis, and in general does not permit multiple citizenship, though there are exceptions. Montenegro Citizenship by investment program grants the applicant and applicant’s family visa-free access to more than 122 countries including the European Union. Montenegro allows holding dual citizenship and does not requires relinquishing previous citizenships under the new economic citizenship scheme. We are developing solid investment opportunities for our clients around the world to acquire a permanent residence, a second passport and a second citizenship. Mixed Investment. dual citizenship recognized: no . Share. Full citizenship and passport with the right to live, work and study in Montenegro. This is an ex lege procedure in Montenegro. Dual citizenship … They have a legal and uninterrupted residence in Montenegro over a period of 10 years, prior to applying for Montenegrin citizenship… Citizenship of another country can be obtained through investment programs in the host country economy... Montenegro Citizenship by Investment - Montenegro - Cheapest Citizenship in Europe - Montenegro Second Citizenship - Montenegro Second Passport - Montenegro Citizenship Application, Montenegro: Expect First CIP Applications by End of 2019, Program “Fully in Place” by 2020, CITIZENSHIP PROGRAM MONTENEGRO - START IN AROUND JUN /JULY 2019, GCI Citizenship Investment Dual citizenship: Allowed Visa-free travel: 124 countries A passport from Montenegro, a 620,000-strong Adriatic country that joined NATO and aspires to join the European Union, allows its citizens to travel visa-free to 117 countries (including the Schengen region and other EU Member States, Russia and Turkey). … During the first year itself, Montenegro received a huge number of applications, many of which were rejected. Montenegro: No: Dual citizenship allowed only if a bilateral treaty exists with the other country. Citizenship is passed by descent. Non-residents pay 5% tax on interest income and 9% withholding tax on dividends and royalties earned in Montenegro only. Montenegro allows its citizens to hold foreign citizenship in addition to their Montenegrin citizenship. Montenegro is a country that allows dual citizenship, so obtaining your second, third or subsequent passport won’t be a problem. citizenship by descent only: at least one parent must be a citizen of Montenegro . Dual citizenship is allowed. HQ & other location: In accordance with the law “On citizenship of Montenegro”, the local authorities do not disclose the names of the people who have acquired citizenship of the country by investment, by naturalization, or by the use of the honorable citizenship instrument. Citizenship in Montenegro is regulated by the Montenegrin Citizenship Law of 2008, and it is based on the principle of ius sanguinis. Montenegrin citizenship can be acquired either by origin, birth in certain cases, naturalisation or international agreements and treaties. The law prescribes the conditions upon which an applicant can acquire naturalisation in exchange for a financial contribution. E1/E2 Treaty. The candidates for citizenship of Montenegro can choose between investing into real estate in the country that can be resold later (a non-returnable donation is also due) and investing into business (in the agricultural sector or the processing industry). Montenegro Citizenship by Investment Program - Official Website. EB5 BRICS can help you navigate Montenegro Economic Citizenship Programme (MECP) through our presence in conjunction with our Legal Partner. Do I have to travel to Montenegro before or after obtainment of Citizenship procedures? Through making an investment of EUR250,000 in real estate and making a contribution of EUR100,000 to Montenegro government, applicants can obtain the Montenegro … It is regulated by a citizenship law, ratified by Parliament in 2008 and published by the Official Journal of Montenegro. Dual Citizenship Montenegro citizens WHAT IS DUAL CITIZENSHIP? Montenegro is situated on the Balkan Peninsula, in southeastern Europe. Montenegro Citizenship by investment program grants the applicant and applicant’s family visa-free access to more than 122 countries including the European Union. Fast Track application: 6 months. Nevertheless, the country is a NATO member, and citizens can enjoy visa-free travel to over 124 countries. Montenegro permits dual citizenship in very limited circumstances. Dual citizenship is allowed. III CESSATION OF MONTENEGRIN CITIZENSHIP Article 19 If one person is legally recognized as a citizen of the two countries then he/she has dual citizenship. ☝ Dual citizenship is allowed Special investor program Months. 130 Dual citizenship. Property owners do not have the right to apply for citizenship upon buying real estate. Can Montenegrins Hold Dual Citizenship? Republican 2018 Secretary of State Arizona. Montenegro: E-1: November 15, 1882 : Montenegro: E-2: November 15, 1882: E-1 – Treaty … Montenegro does not accept dual citizenship: applicants must renounce all other citizenships. (GCI Unit Montenegro) You search for Dual citizenship Montenegro and would like to get more Information about the existing Programs from Montenegro. In addition, an exception is made for those who acquired citizenship by naturalisation pursuant to the criteria pertaining to the Special Program of Investments of Special Significance for Commercial and Economic Montenegrin Interest, which took effect on 1st January 2019. adults who acquired Montenegrin and Japanese citizenship by birth must declare, to the latter's Ministry of Justice, before turning 22, which citizenship they want to keep. Visa free travel to 123 Countries, including Schengen Area, Russia, Brazil and Turkey. How to Get Montenegrin Citizenship. Citizenship in Montenegro is regulated by the Montenegrin Citizenship Law of 2008, and it is based on the principle of ius sanguinis. Those who were dual citizens before Montenegro declared independence on June 3, 2006 may retain their dual citizenship. You search for Dual citizenship Montenegro and would like to get more Information about the existing Programs from Montenegro. 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