As of today, under the “Citizenship by Investment” program, the Government of Montenegro has approved four projects:
- The new 4-star Bjelasica Hotelin Kolašin.
- The luxury 5-star Breza Hotelin Kolašin.
- The Westin Hotelin Kolašin.
- Durmitor Hotel and Villas – a project near the UNESCO World Heritage site in Durmitor.
At present, two more projects are awaiting approval — The Chedi Hotel in Žabljak and Kolašin 1600 in Kolašin. The minimum investment for both projects is €250,000.
The Chedi Hotel
The five-star hotel is located in Durmitor National Park at an altitude of 1,419 to 1,434 meters above sea level. Abundant greenery and its close proximity to Black Lake make it ideal for relaxation. The hotel will feature three swimming pools, a spa center, a fitness center, a restaurant, a café, and more. Program participants are offered the opportunity to invest in hotel rooms and villas.
Kolašin 1600
Kolašin 1600 is Montenegro’s highest resort, located in the southern part of the Bjelasica mountain range. The project will include two residential zones with first-class hotels and apartments, with a private chalet area between them. The ski slope area will be integrated into the settlement, ensuring ideal accessibility for all residential units at the resort — skiers will be able to ski “from the doorstep and back.” From Podgorica Airport, Kolašin can be reached in 35 minutes — it is one of the ski resorts in Europe closest to an international airport.To qualify for Montenegrin citizenship under the investment program,
investors can purchase a share in one of the approved projects for €250,000 or €450,000,including 21% VAT, in addition to a €100,000 donation to the state fund. The investment holding period is 5 years, after which investors may resell to a new investor in the program.
Montenegro’s citizenship program offers global investors a number of valuable benefits. These include a fast application approval process and citizenship granted in as little as six months, visa-free travel to more than 123 countries with a Montenegrin passport, and access to one of the fastest-growing economies in the region.
