Elevay – Citizenship and Residency by Investment

montenegro-elevay
montenegro, flag, national flag

Montenegro

The country of Montenegro is the smallest of the former Yugoslavian Republic countries, but it may also be the most beautiful and promising. Located on the Balkan Peninsula of Europe the landscapes blend seamlessly from majesting mountain ranges to beautiful beaches and coastline.

Citizenship is granted for life with the right to live and work in Montenegro.

Visa-free travel to 118 countries and territories including Russia, most of Europe and Hong Kong.

Montenegro has a moderate climate, typical of Southern Europe, with mild winters and warm summers.

Montenegro has entered into an association agreement with the EU and is actively pursuing EU membership.

The Montenegro Citizenship by Investment Program grants citizenship and a passport following a contribution to an approved development project in the country.

Investment criteria

APPROVED DEVELOPMENT PROJECT - DEVELOPED AREA

Minimum Investment – €450,000
The investor must make a minimum investment in the developed Southern region of Montenegro, including the capital Podgorica, Budva and Kotor regions.

APPROVED DEVELOPMENT PROJECT - UNDERDEVELOPED AREA

Minimum Investment – €250,000
The investor must make a minimum investment in the underdeveloped Northern region of Montenegro, including Bijelo Polje, Pljevlja, and Berane regions.

VISA-FREE TRAVEL TO 118 COUNTRIES AND TERRITORIES

Montenegro - Visa free countries
Visa requirements for Montenegrin citizens
  Montenegro
  Visa free access
  Visa on arrival
  eVisa
  Visa available both on arrival or online
  Visa required
LOCATION: South Eastern Europe
CAPITAL CITY: Podgorica
TOTAL AREA: 13,812 Km
TIME DIFFERENCE: UTC+1 (Summer UTC+2)
LANGUAGE: Serbian: 42.9%;
Montenegrin: 37%;
Bosnian: 5.3%;
Albanian: 5.3%;
Other: 9.5%
GOVERNMENT TYPE: Parliamentary Republic
CURRENCY: Euro
GDP (PER CAPITA): $17,700 USD
POPULATION: 642,550

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