Published at: 21/12/2019 12:24 pm
The Parliament of Montenegro has just voted on the amendment of the Citizenship Law, and the change will allow from January 1 2020 the provision of citizenship to under-18 children also.
This will surely increase the attractiveness of the Montenegro Citizenship Program, where foreigners and their children can obtain citizenship with the following conditions:
The investors may choose from two real estate options; they can invest 450,000 euros in the developed areas close to the seaside or investment of 250,000 euros in the less developed Northern and central regions of the country. The successful applicants must also pay a contribution of 100,000 euros per application to a special state fund. The process’ fee is 15,000 euros for a single applicant. Moreover, up to three family members, the processing fee is 10,000 euros and more 50,000 euros for each additional family members.
Only three official intermediary agents may offer the Montenegro citizenship program, and Discus Holdings Ltd is one of these official agents through its 50 per cent owned subsidiary, Apex Capital.
Click here for the detailed information of the Montenegro Citizenship by Investment Program or contact us for a consultation with our experts!