Montenegro to Close Citizenship Programme by End of Year

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Montenegro to Close Citizenship Programme by End
of Year

• https//www.riftrust.com/news-blog/montenegro-to-c
  lose-citizenship-programme-by-end-of-year/

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• On March 18th, 2021, the Government of Montenegro
  announced their Citizenship by Investment
  Programmewill expire and therefore close on
  December 31, 2021.
• When the programme was first launched it had a
  three-year window but it was not in a position to
  accept applications until the end of year one. As
  such, the Montenegro citizenship programme has
  only recently started to gain momentum as more
  clients are discovering the many benefits the
  passport provides now and in the future once the
  country ascends to the European Union.

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• The Montenegro Citizenship by Investment
  Programme was launched to help stimulate the
  economy through direct foreign investment. The
  country offers two routes to citizenship a
  450,000 investment in government-approved real
  estate investment in the capital Podgorica or
  south of the country, or a 250,000
  government-approved real estate investment in the
  north of the country. For either option, the main
  applicant must also make a contribution of
  100,000 to the government.

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• With lower-than-expected applications submitted
  to date and the upcoming accession plans of
  Montenegro into the European Union, this decision
  was made not to renew the programme. For clients
  interested in acquiring Montenegro citizenship
  they must apply prior to the end of the year.

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• Located in the Balkans, just south of Croatia,
  the country of Montenegro sits on the Adriatic
  Sea with Italy across the water. This stunningly
  beautiful country is accentuated by rugged
  mountains and over 100 beaches along the
  coastline. There are many direct flights to
  Montenegro and major cities in Europe, CEE and
  Russia are within 3 hours, Istanbul is 1 hour 45
  mins and Dubai 6 hours.

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• If you would like more information or to start
  your Montenegro Citizenship by Investment
  application before December 31, 2021, please
  email contact_at_riftrust.com, call 971 (0) 4 520
  6777 to speak directly with an advisor or
  register by clicking here.