With its strategic location, abundance of natural beauty, rising tourism, surge in property development and the lowest tax rate in Europe, not to mention its potential membership of the EU in 2025, the tiny Balkan country of Montenegro is ripe for investment. Here are CBI Guide’s top 10 reasons to secure citizenship by investment of Montenegro.
Investing in property at one of the Mediterranean’s most sophisticated and buzzing marinas, Porto Montenegro, will not only provide you with an attractive ROI due to the Balkan country’s burgeoning tourism, but with it, Montenegrin citizenship and passport of a country that is set to join the EU by 2025.
In a bid to combat the economic impact of the pandemic, Slovenia announces it is considering a proposal to launch a citizenship or residence by investment programme for 2021, making it the latest Balkan country to do so.
Tapping into the increased appreciation for nature following the digital restrictiveness of the pandemic, the tiny Balkan country of Montenegro, which allows foreigners to invest in property via its citizenship by investment programme, unveils a new global campaign showcasing its natural beauty, from dense green forests and wild mountain rivers, to powdery ski slopes and 117 beaches.
According to fDi’s Tourism locations of the future ranking for 2019/2020, the top 20 nations considered to be ripe for investment include eight countries that currently offer Citizenship or Residency by Investment programmes. Another reason to invest via citizenship or residency, perhaps?
The youngest citizenship by investment programme, Montenegro’s CIP, which has seen a 142% surge this year, has recently extended its portfolio of approved development projects to offer economic citizens 11 investment options, with everything from a 5* hotel room in a popular ski resort to a luxury residence in the Med’s best marina.
While, predictably, the pandemic has triggered a sharp increase in demand for citizenship by investment, unpredictably, coronavirus has changed the who, why and where of the CBI landscape, with applicants from unexpected countries surging, reasons for economic citizenship changing, and some CBI countries really standing out from the citizenship crowd.
When it comes to securing economic citizenship, high-net-worth individuals are looking increasingly for Citizenship by Investment programmes that allow them to include their families, both immediate and extended. And the CBI Programmes are responding, with many adjusting their dependent criteria to cater to client demand. So which CBI countries are family friendliest?
Roll up, roll up, a brand-new development of managed residences located in the prestigious luxury waterfront location of Porto Montenegro, the Mediterranean's largest marina, offers an approved and affordable investment option for applicants to Montenegro’s popular Citizenship by Investment Programme.
As the newest kid on the citizenship by investment block, Montenegro is currently seeing a huge surge in demand for its economic passport. So, what exactly is the pull of this little Balkan country?