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Costs Of Montenegro Citizenship By Investment Program

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Costs Of Montenegro Citizenship By Investment Program

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Montenegro Citizenship By Investment And Passport

Acquire The Right To Live In Europe Via Portugals Golden Visa

The same logic you can use when we are talking about the second passport. If you are from India, for example, you have a very limited visa-free travel option. The Indian’s passport is at the bottom of the ranking list of the visa-free passports. Already approved citizens may add dependents within five years of their application being approved. A donation of USD 35,000 applies to spouses, while a donation of USD 25,000 applies to each additional qualifying dependent of any age.

Montenegro citizenship by investment

These may range from a few weeks of basic training to a few years of active duty. Most other countries exempt you from taxes if you don’t reside there, and some even offer Double Taxation Prevention treaties. After fulfilling certain obligations set by the Canadian revenue service, they’ll be liable to pay taxes only in Hong Kong. However, a US citizen that moves there might have to pay taxes in both the US and Hong Kong.

Donation To A Government Fund

Our specialists in company registration in Montenegro can help you set up a company and apply forMontenegro residency. Montenegro began to accept applications for investment citizenship at the end of 2019. The first applicants had already received their passports in the beginning of 2020. First of all, due to the time frames – the status can be obtained in 3-6 months.

This is a residency that can eventually lead to citizenship through naturalization. In many cases, like with various Golden Visas, the real estate investment option is still the most popular. You can use your CIP passport from to enter over 120 countries law firm turkey including EU schengen states or United Kingdom. Today millions of travellers use more than one passport to travel to multiple destinations. You have to follow one rule, you must enter and exit using the same passport where you are citizen of.

Can I Open Bank Account In Montenegro?

Some 12 years ago the government of Montenegro wanted to set up a ‘citizenship by investment’ programme — more or less as Malta has done. This nationality by investment system would make it possible to obtain Montenegrin citizenship by investing several hundred thousand euro in the country. The Montenegrin passport is ranked 42nd in the world, and holders can enjoy visa-free travel to 123 countries including EU Schengen states, Russia, Turkey, Singapore, etc. A visa is needed to travel to the United Kingdom, Canada, Australia and United States. For example, if we are talking about your bank accounts, you probably have more than one account and keep your assets in more than one bank.

To qualify for the Montenegro Citizenship-by- Investment Program, the main applicant must be over 18 years of age, meet the application requirements, and make the qualifying contributions to the Government of Montenegro. Successful applicants to the Montenegro Citizenship- by-Investment Program are exempt from the country’s restrictions on dual citizenship stipulated in Article 8 of the law on Montenegrin citizenship. Visa free travel to over 160 countries including Europe, United Kingdom, United States . Visa free travel to 113 countries including Russia, United Kingdom and EU Schengen states. Citizenship against USD 200,000of real estate or USD 1,500,000 business investment.

You are required to make a contribution of EUR 100,000 in the form of a government fund donation. In addition to this donation, you must invest in government-approved real estate projects in the country. There are two different investment levels that depend on where the selected projects are. You can either invest EUR 250,000 into an undeveloped region, which is north of the country, or you can invest EUR 450,000 into a developed region to the south of the country or in Podgorica.

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