From offering a powerful passport and easy access to living and working in the US to low taxation, a fast-growing economy and business-friendly environment, there are multiple reasons to invest in North Macedonia’s Citizenship by Investment programme.
The Portugal Golden Visa Scheme has been a great success but changes come into effect from January 1 2022 which means the scheme will no longer apply to popular destinations such as Lisbon, Porto and the Algarve.
Widely considered the pioneer and one of the world’s foremost experts in investment migration, Henley & Partners Chairman Dr. Christian H. Kaelin says the significant worldwide expansion of investment migration is simply unstoppable.
Speaking at The World Ahead Gala Dinner hosted by The Economist in Athens in July, Dr. Kaelin stated that all over the world countries have realised the importance of residence and citizenship to attract much-needed foreign direct investment, debt-free capital, talented entrepreneurs, and experienced investors.
Further accelerated by the need to alleviate the financial distress following the Covid-19 pandemic across the world, Dr. Kaelin pointed out that more and more countries are offering investment migration programmes or introducing new options, like digital nomad visas or tech visa, in order to attract highly sought-after talent and capital to support their economies and strengthen their ‘sovereign equity’.
This year, Singapore announced the launch a Tech.Pass visa programme offering tech entrepreneurs from across the world the chance to set up and operate companies in the southeast Asia trading hub. While the UAE, which has a high expatriate population, recently announced it was enhancing its Golden Visa program to grant citizenship to select individuals, such as "investors, doctors, specialists, inventors, scientists, talents, intellectuals, artists and their families”.
Dr. Kaelin coined the term ‘sovereign equity’ in 2019 in Davos to describe how investment migration has the ability to endow nations with sustainable investments in a relatively short time frame without them having to increase debt and thereby burden future generations – while gaining highly qualified and experienced entrepreneurs and investors as new residents or even citizens.
Dr. Kaelin stressed that, particularly in Europe, there is also a pressing need to introduce much more positive migration policies to manage the global refugee crisis constructively while also attracting international investors and talent. He acknowledged that although politically challenging, it also presents a tremendous opportunity for the EU.
“We need more, not less immigration of people who contribute positively to society,” he told the audience.
Encircled by mountains, Montenegro offers a safe haven, with protected harbours, sheltered towns and sights of unspoilt natural beauty. Its distinctive, rocky coastline hides away the UNESCO protected Boka Bay, home to Porto Montenegro, and many of the Adriatic's secret coves, secluded beaches and friendly, welcoming locals.
The President of Cyprus, Nicos Anastasiades, has said that the EU country will not be replacing its citizenship by investment programme – but other incentives would be offered for investment.
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.
Following the announcement last year that Portugal’s highly successful residency by investment programme was removing Lisbon, Porto and the Algarve as property investment options, with the aim of increasing investment in low-density areas, the Portuguese authorities have further announced this will become effective on July 1, 2021.
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.
Thanks to the ongoing pandemic and the upcoming Brexit situation, which from 1st January 2021 will limit British citizens' travel to the European Union, there has been a surge in British citizens enquiring about citizenship by investment in order to guarantee open and easier travel mobility within the EU.
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.