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South Africans seize last chance to buy into Montenegro’s citizenship-by-investment programme before it ends

Many South African investors looking for a second citizenship have recognised Montenegro as a choice location, but with its citizenship-by-investment programme ending at the end of 2021, the opportunity will soon end.

Investors seeking dual nationality will have to act within the next few weeks to benefit from the scheme, which offers a host of advantages including fast-tracked citizenship, a strong economy as well as visa-free / visa-on-arrival access to more than 124 countries.


Situated on the stunning Adriatic coast, surrounded by mountains and unspoilt landscapes, Montenegro is a hot-list destination. It offers a safe, child- and family-friendly environment and inclusive community, with a wealth of natural and cultural treasures. Thanks to its spectacular scenery and clean air, Montenegro naturally encourages healthy and active lifestyles, coupled with a growing reputation as a favourable location for new businesses and entrepreneurs. 

Get citizenship for the family 

Many citizenship-by-investment programmes involve a long process to residency before applicants are able to apply for their second passport. Montenegro’s programme is a fast-track route straight to citizenship in approximately four to six months from submission. 

There is no physical residency requirement before or after citizenship. Applicants need to visit Montenegro only once after the approval in principle is received. There are no language requirements, obligatory interviews or renunciation of existing citizenship. An applicant’s spouse and dependent children can be included in application. 

Visa-free access to over 120 countries

The country’s planned EU accession by 2025 makes Montenegro a strategically located gem in the heart of the Mediterranean and one of the best-connected luxury communities in the world.

While Montenegro is not a member of the Schengen area, the Montenegrin passport allows visa-free access throughout Europe. Montenegro is also a United States E-2 Treaty country, which means that citizens of Montenegro have the option to relocate to the USA, provided they are willing to invest in and operate a business there.  

“As the second fastest-growing tourism economy in the world and a member of the NATO alliance, the guarantee of Montenegrin citizenship offers a safe and secure investment, with global access opportunities from the heart of the Mediterranean,” says Andrew Rissik, group commercial director for Sable International.

A sound investment

Montenegro’s favourable economic and political climate provides a solid investment opportunity, grounded by economic stability. The country’s impending EU candidacy demonstrates ongoing government commitment to both internal and international security and stability.

The majestic Southern Montenegro is host to a booming property market. A qualifying investment of €450,000 into this developed area, alongside a contribution of €100,000 to a government development fund, plus associated admin and processing costs, is all that’s required to obtain citizenship. One of the reasons this area is so attractive is that the property boom means that you’re likely to get a great return on your investment, independent of the advantages of the citizenship programme. 

Montenegro has no restrictions on foreign ownership and offers one of the most favourable tax regimes in Europe. 

Porto Montenegro

Located in the UNESCO-protected Bay of Kotor, with a world-class, 450-berth superyacht marina, award-winning luxury residential developments and a cosmopolitan lifestyle, Porto Montenegro offers premium investment opportunities. 

Buying into a development such as Boka Place, one of the first coastal projects to be approved for Montenegro’s Citizenship by Investment Programme (CBIP), offers a clear path to citizenship and a Montenegrin passport to qualifying investors.

Boka Place is a new urban quarter in Porto Montenegro built with conviviality and wellness at its core. The complex fuses top class residential amenities with green outdoor spaces and stunning views. The community at Boka Place is underpinned by a collective desire to live active lifestyles among friends, with busy shops and cafés, the world’s first SIRO hotel by Kerzner International and an array of cultural and entertainment amenities, perfect for families, couples and friends. 

A total of 144 SIRO hotel managed units are available in the Boka Place development, with entitlement to participate in the CBI programme. Ranging from studio to one-, two- and three-bedroom homes, duplexes and penthouses, prices start from just 190,000 EUR. These airy and open-plan homes managed by Kerzner International give homeowners the promise of a modern and wellness-focused lifestyle, with beautiful outdoor areas, fitness centres and pool facilities, as well as restaurants.

Using a trusted partner for citizenship

For over 20 years Sable International has been assisting people with their complex cross-border financial and emigration needs. They work with you to find the programme that has the best fit for you and your family. All of the costs are discussed in detail so you can be sure of the financial commitments from the outset. For further information and to enquire, please contact Sarah Young at Sable International; [email protected] or +27 21 657 1584 DM/BM


About Sable International
Sable International specialises in helping individuals and businesses internationalise themselves, their wealth and their business. They offer full-service solutions through their citizenship, residency, wealth, tax and forex divisions. Their clients are “global citizens” with overseas connections, such as family, offices, suppliers, clients, property or wealth abroad. They provide a professional, concierge service for cross-border financial and immigration advice and solutions.



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