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January 6, 2022

Montenegro Extends ‘Golden Passport’ Program

Government of Montenegro on 30th December 2021 extended its citizenship by investment program until December 2022. It was announced that the program now has stricter conditions for gaining economic citizenship. New applicants will pay €100,000 to the state budget of Montenegro and another €100,000 for regional development.

According to Gov Data, 108 foreign citizens have obtained Montenegrin citizenship by buying apartments in hotels or by donating money to underdeveloped areas in the country.

Detailed Investment Options offered the citizenship to investors who invested at least 250,000 euros in undeveloped regions in the north of the country or 450,000 euros in more developed regions in the centre and south with additional contribution of  €100,000 to be paid to the government of Montenegro.


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