5 days during first 5 years of citizenship. Montenegro is a country located in southeastern Europe with amazing natural beauty that stretches on the shores of the Adriatic Sea and rugged mountains and forests and has borders with Croatia and Bosnia and Herzegovina in the north, and is bordered by Serbia to the northeast, Kosovo to the east, and Albania to the … Global Office Locations. Montenegro recognises dual nationalities and does not require to renounce the current citizenship. The foreign companies of Montenegrin citizens are not subject to coercive registration in Montenegro, which guarantees maximum confidentiality of international business ownership. Permanent residency status is granted after solely three weeks upon submission of the application. Visa free travel to 123 Countries, including Schengen Area, Russia, Brazil and Turkey. Not all countries allow their citizens to have dual citizenship. EB5 BRICS Phone: +1 (213) 344-5941 … adults who acquired Montenegrin and Japanese citizenship by birth must declare, to the latter's Ministry of Justice, before turning 22, which citizenship they want to keep. 13/08), the Government of Montenegro, on the conference on the 20th of May 2010 passed the decision that defined the criteria for determining the scientific, economic, business, cultural and sport interest of Montenegro for the acquisition of Montenegrin citizenship by admission. Fast Track application: 6 months. Montenegro Country profile; Benefits of the program; Investment requirements; Visa-free and visa-on-arrival … Dual Citizenship--Physical Stay--About Montenegro . Montenegro allows dual citizenship you are not obliged to relinquish your current citizenship nor to learn the Montenegrin language. In addition to all these, Montenegro is stated every year as a popular tourist destination along with Greece, Spain and other popular countries by well-known tourism guides like Lonely Planet. E1/E2 Treaty. It grants an opportunity to acquire second citizenship in Montenegro by applying for the national Citizenship by Investment Program, known simply as “CIP”. Not all countries allow their citizens to have dual citizenship. We here at Passport Legacy aim to help investor attain a secondary Montenegro Passport … Citizenship: citizenship by birth: no . If your parents were born in a particular country you can get citizenship based on it. Based on article 17 of the law regarding Montenegrin citizenship (“Official Gazette of MN”, no. Do I have to travel to Montenegro before or after obtainment of Citizenship … Montenegro allows its citizens to hold foreign citizenship in addition to their Montenegrin citizenship. Montenegro was ranked 49th out of the total of 188 … III CESSATION OF MONTENEGRIN CITIZENSHIP Article 19 At this point, only Macedonia has signed such an agreement. However, those acquiring dual citizenship after June 3, 2006 may only keep their dual citizenship with countries that have signed a bilateral agreement with Montenegro. BENEFITS OF MONTENEGRO CITIZENSHIP. A passport comes as a benefit of full citizenship in Montenegro. Citizenship: citizenship by birth: no . Montenegrin citizenship may be acquired based on a ratified international treaties or agreements signed by Montenegro. The main benefits of having a dual nationality are: having political and social rights in several countries; more visa-free travel opportunities; opportunity to own property and assets; new business opportunities. citizenship by descent only: at least one parent must be a citizen of Montenegro . [email protected] Dual Citizenship Allowed; Montenegro is a Prospective EU member state; Family members included and transferable to descendants; Montenegro Citizenship Consultant. Nevertheless, the country is a NATO member, and citizens can enjoy visa-free travel to over 124 countries. Mixed Investment. The foreign companies of Montenegrin citizens are not subject to coercive registration in Montenegro, which guarantees maximum confidentiality of international business ownership. Our team speaks English, Hindi, Urdu and Punjabi. Citizenship is passed by descent. Requirements for obtaining Montenegro’s economic citizenship. ☝ Dual citizenship is allowed Special investor program Nevertheless, the country is a NATO member, and citizens can enjoy visa-free travel to over 124 countries. Dual citizenship … In 1905, Nicholas I of Montenegro's "Statute of Montenegro" promulgated further guidelines, for th… Posted on May 26, 2010 July 28, 2017. The official currency is Euro and country’s GDP is $11.3 billion. Non-residents pay 5% tax on interest income and 9% withholding tax on dividends and royalties earned in Montenegro only. Please check back soon. Dual Citizenship Montenegro citizens WHAT IS DUAL CITIZENSHIP? Citizenship of Montenegro is the citizenship of Montenegro. Montenegro citizenship by investment 2021, Montenegro Golden Visa Program from Dubai, UAE - This Program provides a fast track for qualified investors to acquire a Permanent Residency by Investment in Montenegro. 350,000. Montenegrin passport is ranked 38th in the world and gives the opportunity of visa-free travelling to over 120 countries, including the Schengen Area (EU), Switzerland and Singapore. Requirements for obtaining Montenegro’s economic citizenship. On 28 April 2010, Montenegro ratified the Council of Europe’s Convention on the avoidance of statelessness in relation to State succession, signed on May 11, 2007. The country has set itself a target of granting just 2,000 citizenships during its initial three-year period. 13/08), the Government of Montenegro, on the conference on the 20th of May 2010 passed the decision that defined the criteria for determining the scientific, economic, business, cultural and sport interest of Montenegro for the acquisition of Montenegrin citizenship by admission. Dual Citizenship Montenegro citizens WHAT IS DUAL CITIZENSHIP? Montenegro is a young country with a bright future. People such as students or workers must have permanent residence status in order to count as permanent residents. If you hold dual citizenship, the Montenegrin authorities will consider you a citizen of the issuing state of the passport with which you entered Montenegro. The program allows dual citizenship and has one of the lowest personal income taxes rates in the world 9-11%. And 11 % of their personal income lowest personal income taxes rates in.. 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