Montenegro launched its Citizenship by Investment Program in 2019, offering a less expensive citizen option than other European countries. Unlike other CBI options, however, Montenegro is not yet part of the European Union, although this is expected to change in 2025. Nevertheless, the country is a NATO member, and citizens can enjoy visa-free travel to over 124 countries.
Montenegrins are also permitted to live and work in the United States of America thanks to the E-2 Treaty Program. Besides offering affordable citizenship, the processing is also fairly quick, and residency takes just three weeks while citizenship approval occurs within six months. The program requires applicants to either invest €250,000 in government-approved property in the northern region or €450,000 in the southern region. Investors also need to pay a €100,000 donation to the Montenegrin government. Applicants are not required to live in Montenegro to maintain their citizenship. Families are only required to spend five days in the country during a 5-year period.