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Montenegro Citizenship By Investment Program For Nigerians 2020


Montenegro Citizenship By Investment Program For Nigerians 2020


Citizenship European Program Montenegro

By Investment

When talking about this project to the mass media, Premier Marković said that this new tourist complex is going to be one of the most beautiful such complexes in the region. “We promised that we would develop the whole of Montenegro, not only the coastline. turkish citizenship by investment Durmitor Hotel and Villas is going to make Žabljak one of the best tourist places in Montenegro and attract more foreign investment to the country”. The development project is taking place on the site of an old hotel that has the same name.

As a former Yugoslav republic, Montenegro takes the definition of its citizenship seriously. They also have a relatively strong passport — the chief perk of citizenship — that they want to control carefully. Unlike in some countries, there is no general knowledge test as part of the Montenegrin citizenship application. But you will have to take an exam that demonstrates basic proficiency in Montenegrin. Not be a citizen of another country and have their parents submit an application before they turn 18. You are able to provide evidence of the origin of the money that you will use for payment and investment, leading to your citizenship.

Case 2:  Dual Citizenship Not Ok Not Allowed

Citizens of Montenegro can enter visa-free in 122 destinations, among them the Member States of the Schengen area, Hong Kong, Russia, Singapore, and Turkey. There is no requirement to reside physically in Montenegro, and dual citizenship is also allowed. It is good to know that non-resident citizens in Montenegro pay tax only after the locally sourced income and there are no inheritance and gift taxes.

Montenegro citizenship

St. Kitts sets the minimum investment in real estate at $200,000 plus an additional $24,050 in government fees for the main applicant, and additional dependents no older than 16. In exchange for the real estate investment or donation, investors receive a second passport that allows visa-free travel to 122 countries, including the Schengen area, the United Kingdom and Brazil. At the end of 2018, the government of Montenegro introduced a citizenship by investment program to attract funds for preselected projects, and to boost economic growth prior to joining the European Union. The program will be active for three years, and will only be available to a maximum of applicants. The government has provided the criteria of eligible projects, which vary depending on the location and the industry of the project.

You Interested In Montenegrin Citizenship?

If you’re interested in this program, our lawyers can help you prepare the documents to participate in the project and get Montenegrin citizenship. On 3 October 2019, the government of Montenegro announced its investment-based citizenship programme that will last until 2022 and started accepting applications. This consultation is free of charge and you are not required to use our services. After consulting us, some people do it themselves, others ask us for help.

All applicants must donate EUR 100,000 to the national development fund. The fund is aimed at helping underdeveloped areas which would otherwise not receive foreign investment. The opportunity to acquire citizenship in an official EU candidate country . Currently, options for economic citizenship in Europe are limited, with Turkish work permit Malta now being the only active program. In addition to the investment, the applicants are also subject to processing fees to cover the cost of the procedure. These fees amount to EUR15,000 for the main applicant, EUR10,000 for each family members up to a maximum of 4, and EUR50,000 for each additional family member.

Montenegrins are also permitted to live and work in the United States of America thanks to the E-2 Treaty Program. Besides offering affordable citizenship, the processing is also fairly quick, and residency takes just three weeks while citizenship approval occurs within six months. The program requires applicants to either invest €250,000 in government-approved property in the northern region or €450,000 in the southern region. Investors also need to pay a €100,000 donation to the Montenegrin government. Applicants are not required to live in Montenegro to maintain their citizenship.

It has access to the glimmering Adriatic, some of the prettiest mountain landscapes in Europe , historic walled towns, and is well on its way to becoming the next Croatia. All applications are submitted through intermediary agents such as Henley & Partners, which have been officially accredited to the Government of Montenegro for this purpose. Once received by the relevant government department, applications are processed within three to five months. Fabulous new ski development consisting of two hotels, seven apartment blocks and 28 luxury family villas. We suggest the Citizenship Program Montenegro will offer our customers a lot of benefits. The full Investment and Donation you have to deposit in the escrow Account by the Government with the application.

In 2018 The Montenegrin Government Finally Approved

When you send us an e-mail, please, indicate your current citizenship, country of residence, and age of every family member to be included into application in order we could quote the fees and expenses applicable in your case. Applicants can apply by investing in one of several government-approved real estate development projects. At the end of 2021, the program ceases to exist, so investors still have the opportunity to have time to submit an application and obtain citizenship and a passport of Montenegro.

Also as with any other european country, knowing few words at start will show us that you respect our culture. Also if youre not white youll see people looking at you becouse we dont have many blacks here but its just that most of the population isnt used to foreigners in the off-season (september – may). I don’t want to simply buy a citizenship to get rid of my American citizenship, but I want to feel like a true citizen of my new host country. I authentically view paying my taxes in my current country of residence and business as a civic duty and am satisfied with the 35% payment every year as a top income bracket earner. One of the strongest passports from the Caribbean, it has gone from the most expensive program to a discounted rate for a limited time period. Legally obtain a second passport in a matter of 3 to 6 months depending on the program.

Can I Vote As Citizen Of Montenegro?

Yes, applicants are required to show that they have enough funds to make the investment. No, there is no requirement to travel or reside in Grenada prior to obtaining citizenship. Have been denied a visa to a country with which Grenada has visa-free travel and who have not subsequently obtained a visa to the country that issued the denial. Processing, due diligence, and government fees are additional, and excluded from the cited investment amounts above.

The processing time is within 3 months once the application is received by the relevant government department. Grenada citizenship is popular among investors due to the visa free access to China and their E-2 investor visa treaty with the USA. Montenegro passport ranked 47th best passport in the World offering visa free travel to 107 countries in the world including all of Europe, Russia, Switzerland etc. The applicant’s family, including their spouse and financially dependent children, may participate in the program.

A grand total of 2,000 citizenship applications are available for potential citizens in a span of three years. The program expires when the quota is filled or the three-year period lapses. Luckily the laws on citizenship were recently changed to allow dual citizenship when Montenegro started the Citizenship by investment program.

Montenegro citizenship

There are also Catholics, Protestants, and other minor Christian communities. The second most popular religion is Islam, which amounts to 19% of the total population of the country. Podgorica Municipality covers 10.4% of Montenegro’s territory and is home to 29.9% of the country’s population. It is the nation’s administrative center and its economic, cultural, and educational focus. Upon Selection, processing of application at Ministry of Labor of the country.

Montenegro is not only recognizable for its exceptional natural beauty, but is also known for its exciting nightlife. Thus, in every city, unforgettable parties are organized by young people from all over the world. If we were to write about only one city in Montenegro, the picture would be incomplete. In Montenegro, we will offer some extraordinary places that would definitely make a decision to apply for Montenegrin citizenship. With almost 20 years experience in citizenship, legal and tax consulting, along with extensive experience in real estate acquisitions, Zeljko has seen and done it all.

  • The REIT must either be listed on the Irish Stock Exchange or have already applied for listing.
  • To become eligible for citizenship by naturalisation, foreign investors have to satisfy certain financial and other criteria.
  • We work with law firms, government agencies and real estate developers in Moldova.
  • Gain citizenship for life with the right to live and work in the country through Montenegro’s citizenship-by-investment programme.
  • Those willing to invest a lower amount of money can buy properties in Northern Montenegro, while those interested in a more important investment can buy real estate in the southern part of the country or even on the Adriatic coast.
  • Historically a nation of farmers, it has recently experienced rapid urbanization now with over 60% of the population living in an Urban setting.

The only conditions are that the enterprise must be registered in Ireland, and its headquarters must be located in the country. Although the country is famed for its mighty cliffs, rolling hills and megalithic monuments, Ireland has turned into quite the entrepreneurial paradise as of late – staking a claim as one of the fastest-growing economies in the Eurozone. Today, the country offers a wealth of opportunities when it comes to lifestyle, business and education. Real estate investment into a property with a minimum value of €500,000. On the other hand, a Montenegrin citizenship will be as fast as Cyprus which takes up to 6 months. Montenegrin application will take around 6 months to obtain the Montenegrin citizenship .

In March, Mr Krivokapić floated the idea of changing the country’s long-standing ban on dual citizenship. Tens of thousands of people would become eligible for Montenegrin citizenship if the proposed changes came into force. An applicant is required to contribute €100,000 to the donation fund run by the government.

You’re right, there are hidden fees and a few things to watch out for. Our consulting services are specially tailored to you so that you have total support. We do not adhere to one service model, but we are constantly ready for tailor-made services and challenges that are different from those we provide on a daily basis. As such a company we have achieved a reputation that is at a very high level.

Montenegro citizenship

The Montenegro citizenship programme will last for three years and has a quota of 2,000 applications. The development’s newest residential neighbourhood, Boka Place, presents a next-level investment opportunity, bringing a collection of 144 hotel-managed and citizenship programme-qualifying residences to the Porto Montenegro repertoire. These provisions of also apply to a person who was married to a Montenegrin citizen for at least three years, and the marriage has ended with the death of a spouse. They never received a prison sentence, either in Montenegro or in another country, exceeding one year, for criminal offence which is subject of ex officio prosecution, or if the legal consequences of his or her conviction no longer apply. Child referred to can also lose Montenegrin citizenship at the request of both parents. If the child is over 14 years of age, their consent is required for the loss of Montenegrin citizenship.

The country offers one of the world’s finest yachting marinas, Porto Montenegro, and a primaeval forest, Biogradska Gora. While football is the most popular sport in Montenegro, water polo is considered to be the national sport with the country’s national team one of the top ranked teams worldwide. We work with some of the best law firms in Montenegro specializing in investment migration. Our sworn translators will translate your documents and notarize them, if you need to submit them to the public institution. If you need to submit translation in a foreign country – our lawyers can arrange apostille or double legalization. Procedure depends on the issuing country as well as, in which country the document will be used.

Montenegro citizenship

Despite its mountainous relief, Montenegro has a very privileged location in Europe, therefore it is easily accessible by land or sea from a number of countries, including its Balkan neighbors and Greece and Italy . The number of direct flights to Montenegro has increased over the past few years, and the trend looks quite positive. The main airports in the country are Podgorica Airport in the capital, and the Tivat Airport, serving the Adriatic Coast with mostly summer flights. Montenegro is one of the youngest countries in the world, but it certainly has a rich history. Montenegro got independent from Serbia in 2006, as its outcome is related to the Yugoslavian dissolution. Unlike in countries like Croatia and Bosnia, the independence process in Montenegro was peaceful.

Montenegro citizenship

The place also offers international retail and dining facilities with world-class bars and bistros. It also provides a wide range of sports, leisure, and cultural amenities, bringing together established international brands and local businesses. The Montenegro Government has officially published the first list of tourism related development projects that qualifies for special citizenship by admission scheme of Montenegro. The most glaring thing I see as a potential issue is the fact that Montenegro doesn’t allow dual citizenship, so in order to get a Montenegrin one, you’d have to drop your original one as well as the American one. Except for that, I wouldn’t worry about whether people would accept you, we are generally very welcoming towards foreigners, and especially so if they make even a small effort to learn a few most basic words and phrases. Especially after maybe a year or so you’d be completely in sync with everything and pretty much like a local.

Montenegro citizenship

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