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27 April 2022

Today Montenegro is the only country on the European continent that gives Russians the opportunity to obtain citizenship for investment. The paperwork procedure takes 9-12 months.

Montenegro is expected to join the European Union in 2025.

Program terms in 2022:
€450,000 — investments in the north of the country:

  • €250,000: investments in government-approved properties under construction in the north of the country
  • €100,000: subsidies to the state
  • €100,000: subsidies to innovation funds


€650.000 — investments in the south of the country:

  • €450,000: investments in government—approved real estate under construction in the south of the country, as well as in the capital – Podgorica
  • €100,000: subsidies to the state
  • €100,000: subsidies to innovation funds

Advantages of working with ARAVANA Multifamily Office:

  • Real estate market analytics
  • Thorough inspection of real estate and developers
  • Full legal support at all stages of the transaction
  • Opening escrow accounts
  • Assistance in passing bank compliance

Our experts will always be happy to answer your questions at a personal consultation.

Projects for investment and getting a citizenship — the choice of ARAVANA Multifamily Office experts

Porto Montenegro

  • The flagship project in the south of Montenegro belongs to Investment Corporation of Dubai (ICD), which is also the owner of Emirates, One & Only Resorts and Emaar Properties
  • The first project on the coast approved by the government for participation in the investment citizenship program
  • Real estate management services from the international hotel operator SIRO
  • Construction permit for 365 days a year
  • 85% of apartments suitable for the citizenship program have already been sold

Price: on request

Montis Mountain Resort

  • Five-star hotel Montis Mountain Resort
  • Under the management of the international hotel operator Splendid
  • 238 rooms, several restaurants, conference halls, cinema, pub, SPA, outdoor and indoor pools, kids club, ski room
  • 4 functional areas and a living area
  • All rooms at Montis Mountain Resort will be furnished according to the standards of a five-star hotel
  • 80% of the apartments are sold

Apartment price: €250,000

Hotel Bjelasica 1450

  • Five—star hotel in the center of Kolasin
  • SPA and wellness center, shops and entertainment – all in the hotel complex
  • 133 rooms and 15 apartments
  • 165 Parking spaces in the garage
  • Buffet restaurant with terrace, restaurant with national cuisine, bar with a view of the Tara River
  • Swimming pool with aeromassage overlooking the Tara River, children’s pool, gym, bar and outdoor terrace with Jacuzzi

Apartment price: €250,000

Hotel Breza

  • The hotel is located within walking distance from the ski lifts in the resort of Kolasin 1450
  • 168 modern apartments with design finishing 
  • On the territory of the hotel there is a Scandinavian SPA center and 2 swimming pools
  • 63 parking spaces
  • Managed by a local hotel operator

Apartment price: €250,000

27 April 2022
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