Montenegro
Citizenship by Investment
Costs

Minimum Investment

€350,000

Mixed Investment
Minimum Investment

N/A

Real Estate
Time To Citizenship

6

Months
Visa-Free Access*

120+

Countries & Territories

Costs of Montenegro Citizenship

To qualify for the Montenegro Citizenship-by-Investment Program you are required to make an investment in one of the two real estate options and make a donation to the government development fund.

1) Real Estate Investment

A qualifying investment can be in one of the development projects previously approved by the Government in underdeveloped regions of Montenegro.

Minimum Investment  |   EUR 250,000

Additionally, a qualifying investment can also be in one of the development projects previously approved by the Government in the developed regions of Montenegro.

Minimum Investment  |   EUR 450,000
2) Donation to the government development fund

There is a required contribution to the government development funds intended to aid underdeveloped areas.

Minimum donation amount  |   EUR 100,000

An additional contribution to the state fund is also required.

Minimum donation amount  |   EUR 100,000

Government application fees

In addition to the investment and contribution amounts there are government processing fees that are required.

Main applicant  |   EUR 15,000
Per family member (up to 4 persons)  |   EUR 10,000
Each additional family member  |   EUR 50,000

Background check fees

There are compulsory background checks payable to the Government preferred due diligence agency that will use Interpol, World-Check and other Government agencies to screen applicants based on their application.

Main applicant  |   EUR 7,000
A family of up to 4 members (incl. main applicant)  |   EUR 10,000
Each additional dependent above the age of 16  |   EUR 1,500

iWA Properties professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A full-itemized quotation with no hidden costs is provided.