Moldova and Montenegro announced their new citizenship by investment schemes in 2018 both countries are expected to receive excess of 1 billion euros through the CBI schemes .
Moldova and Montenegro CBI programs should not be confused with each other.
The main difference between the two CBI schemes are..
- Montenegro is a limited citizenship scheme only accepts 2000 applications. Moldova has no limits.
- Both Moldova and Montenegro passports do not have a visa free travel to United Kingdom, Canada, Australia and United States.
- Moldova is the cheapest citizenship by investment scheme while Montenegro is quite expensive
- Currently both Moldova and Montenegro do not have EU membership and are not members of schengen area.
Here are the quick comparison between the programs.
|Country Background|| Moldova actively pursues EU membership||Candidate country for EU membership, expected to join EU and Schengen area by 2025|
|Launch of CIP||Launched on Nov 3, 3018||Launched on 1 Jan 2019 and will close by Dec 31, 2021|
|Name of Scheme||Moldova Citizenship by Investment (MCBI) Program||Montenegro Special Citizenship by Admission Program (MSCAP)|
|CBI Model||Donation model tender won by by Henley & Partners||Grant + Investment model designed by Government of Montenegro within the institutions|
|Minimum Investment||EUR 100,000 (donation) plus fees|| EUR 250,000 (investment in real estate development projects) + Contribute EUR 100,000 to Montenegro.|
Total starts from EUR 350,000 onwards plus fees.
|Applications||currently open||opens on Q2 2019|
|Citizenship time||3 months||3 months|
|Passport for family||yes||yes|
|Residency requirements||none||3 weeks|
|Scheme limit||No limit||2000 applications running only for three years|
|Visa free countries||122||123|
|Visa free travel||Europe, Russia, Turkey, Ukraine, Israel, Bahamas||Europe, Russia, Turkey, Argentina, Brazil, Chile, Israel, South Korea, Singapore, Ukraine, UAE, Uruguay, Hong Kong|
|Visa required||UK, Ireland, Canada, United States, Japan, UAE, Singapore, Australia, New Zealand, South Korea, China, Australia, Brazil, Chile, South Africa, Thailand, Uruguay, Hong Kong||UK, Ireland, Australia, Canada, United States, New Zealand, Bahamas, China, Japan, New Zealand, South Africa, Thailand|
|E-2 investor visa to United States||Yes||Yes|
|E-1 visa to United States||No||Yes|