Is Montenegro part of the EU?
Montenegro is presently not part of the European Union, however accession looks likely during the next couple of years. The country initiated the process of EU accession in 2005. In 2010, the EU commission issued a favourable opinion on Montenegro’s application, granting it formal candidate status and identifying 7 key priorities that needed to be addressed.
The country’s application carries broad approval among other EU members, and accession is considered to be possible by as early as 2025. By 2016, the European Commission deemed that Montenegro was the most prepared country among prospective member states. Acquiring Montenegrin Citizenship by Investment is therefore considered to be a “value buy”, given that other direct European citizenship by investment programs require an investment of up to €2 million, as is the case in Cyprus.
Share This Story, Choose Your Platform!