Moldova vs Montenegro Citizenship by Investment

Moldova vs Montenegro Passports


Moldova and Montenegro announced their new citizenship by investment schemes in July 2018 and set to open officially for applications in Oct 2018.  Here are the comparison between the programs. Both the CBI programs should not be confused with each other.

The main difference is Montenegro does not have a donation program. It has to be an investment for citizenship and only accepts 2000 applications. Moldova is the cheapest! Both passports does not have a visa free travel to United Kingdom, Canada, Australia and United States.

There are key differences with visa free travel of two countries.


Moldova Montenegro
Launch of CIPAnnounced in July, launch within 3 months (Oct 2018) Oct 2018
Name of SchemeMCBI ProgramSpecial Investment Scheme
Minimum Investment EUR 100,000 (donation) EUR 250,000 (investment in real estate development projects)
Application feesEUR 35,000EUR 100,000
Citizenship time 3 months 3 months
Passport for familyyesyes
Residency requirements
Scheme limit2000
Passport rank#44#42
Visa free countries121123
Visa free travelEurope, Russia, Turkey, Ukraine, Israel, BahamasEurope, Russia, Turkey, Argentina, Brazil, Chile, Israel, South Korea, Singapore, Ukraine, UAE, Uruguay, Hong Kong
Visa requiredUK, Ireland, Canada, United States, Japan, UAE, Singapore, Australia, New Zealand, South Korea, China, Australia, Brazil, Chile, South Africa, Thailand, Uruguay, Hong KongUK, Ireland, Australia, Canada, United States, New Zealand, Bahamas, China, Japan, New Zealand, South Africa, Thailand
E-2 visa to US yesyes

  • Population: 3.5 million
  • GDP: $21 billion
  • Currency: Leu (MDL)
  • Capital: Chisinau



Population: 630,000
GDP: $11 billion
Currency: Euro
Capital: Skopje




Request a Free Private Consultation

We are only able to assist clients who can invest $100,000 or more.

Your Name (required)

Email (required)


I am interested in:

Investment amount*

Your Message