THE AUTHORITIES OF MONTENEGRO REPLACED THE LAW OF GRANTING CITIZENSHIP

The authorities of Montenegro said that from 2022 the country will stop extending the program for granting citizenship of the country in exchange for investment, which expires by the end of the year.

The program was assessed as not profitable and its extension is likely to slow down the accession of Montenegro to the European Union.
Also, by the end of this year, the authorities should decide on the introduction of a new citizenship issuance program, which excludes the issuance of the country's citizenship at birth.

Today Montenegro is the last country in Europe where the program of obtaining the citizenship of the country by investment is still in force.
In the meantime, there is just a year for investors to obtain Montenegrin citizenship by investment.

If you are planning to do business in the country, we offer our extensive list of commercial real estate, which presents different types of real estate in Montenegro: offices for rent, business centers, warehouses, hotels, and other interesting offers.

 

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