The Montenegro CBI Program is suitable for foreigners, who are ready
to invest in real estate on the coast of the Adriatic Sea in a rapidly
developing country. Housing by the seaside can also be rented out for
a stable passive income. In order to obtain the Montenegrin passport,
the candidate is required to invest at least 450,000 EUR in real
estate in the resort area of Porto Montenegro. To participate in the
program, investors are offered a wide range of ready-to-live and
furnished apartments by the coast, which can be rented out on a
turnkey basis without any efforts by the owner and receive a stable
passive income of 20%.
In addition to the purchase of real estate, applicant is required to
pay the state fee of 100,000 EUR. Along with the investor, his/her
spouse and dependent children can obtain Montenegrin citizenship.
Individual selection of luxury real estate on a turnkey basis
Opportunity to get a 21% VAT refund on the purchase of real estate
Visa-free travel to 124 countries, including Schengen countries
Opportunity to rent out properties on a turnkey basis without the personal involvement of the owner and receive 20% of the profit
No requirements for permanent residence, language knowledge, and professional experience
Opportunity to include your spouse and dependent children on the application form
Living in an economically stable country with a favorable climate, which is a member of NATO and a candidate for EU membership
The right to free education and health care in Montenegro.
22. Novembra, Budva, Montenegro
155000 EUR
Victoria Residence is located near the old center of Budva resort, close to supermarkets, restaurants, cafes, bars and shopping centers, just 100 meters from the beach. The apartment consists of a bedroom, bathroom, living room with kitchen and terrace, overlooking the mountains and the sea. The price of the apartment includes the cost of the interior decoration and furniture. Buying this facility allows you to get a residence permit in Montenegro.
20 Mediteranska, Budva, Montenegro
94620 EUR
Porto Budva is located 100 meters far from the historic center of Budva. The studio apartments here are luxury premium apartments designed for comfortable living and profitable investment. Apartments are located on the 3rd floor of the building and offer beautiful views of the city. Buying studio apartments in Porto Budva allows you to get a residence permit in Montenegro.
20 Mediteranska, Budva, Montenegro
105220 EUR
Porto Budva is located just 100 meters from the center of Budva and 20 meters from the waterfront. The 1st and 2nd floors of the building are occupied by commercial premises, the remaining 9 floors are premium apartments providing the most comfortable living. Studio apartments A111 are situated on the 3rd floor of the building offering breathtaking views of the sea from their panoramic windows. The apartments are an excellent investment option and are the basis for obtaining a residence permit in Montenegro.
22. Novembra, Budva, Montenegro
175000 EUR
Victoria Residence is located near the old center of Budva and is 350 meters far from the beach area. There are cafes, bars, restaurants and shopping centers within walking distance. The studios include bedrooms, bathrooms, living rooms with kitchen area and terraces with greenery, offering beautiful sea and city views. The price of the property includes furniture and full interior decoration. Ownership of these apartments is the basis for the issuance of residence permit in Montenegro.
Legal age individuals
Transfer to an ESCROW account of 100 000 EUR for the payment of state duty
Registration fee of 15 000 EUR for the main applicant, 10 000 EUR for each family member (up to 4) and 50 000 EUR for each additional relative
The deposit of 450 000 EUR in an ESCROW account for the purchase of a property in Porto Montenegro
No criminal record with a sentence of more than one year in prison for a criminal offence
Positive conclusion on the results of due diligence and origin of investment funds
Filled out application for Montenegrin citizenship by investment
Certified copy of international passport
Birth certificate
Marriage certificate (if applicable)
Health insurance policy, valid in Montenegro
Certificate of no infectious diseases, issued in the country of residence
Contacting immigration specialists
The applicant should leave an application on the website to get a consultation of Montenegro Invest lawyers. Specialists will give the client detailed information about the conditions of participation in the immigration program and provide the catalog of government-approved real estate objects suitable for investment.
Choosing a property and preparing a set of documents
A foreigner chooses the object of investment, after which Montenegro Invest lawyers help them and their family members gather the required documents.
Paying the fee and making a deposit for the purchase of the property
The candidate pays the registration fee and transfers the funds to the ESCROW-account for further purchase of the property and payment of the state fee.
Submission of application and undergoing due diligence
Investor's documents together with the application for citizenship are submitted to the authorized state body of Montenegro. An accredited agent performs international due diligence of applicant's reputation and legal origin of his/her investment funds.
Purchase of real estate and payment of the fee
After receiving the appropriate notification, the applicant uses the funds, previously deposited in the ESCROW account, to invest in real estate and pay the fee of EUR 100,000.
Verification of payments and obtaining citizenship
After receiving the audit report with the proof of payment, representatives of the competent department inform the public authority, that makes the decision on granting the Montenegrin citizenship to the applicant.