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Montenegro Citizenship

02.11.21

The Montenegro Citizenship by Investment Program has seen a flood of applications from dynamic, successful investors, many of whom are high-powered Generation Xers, as reported by Henley & Partners, the global leader in residence and citizenship by investment. In recent years, safe and stable Montenegro has become an emergent economic hub for tech innovation, and its citizenship by investment program grants investors access to the European market as well as providing European citizenship in return for making an investment on one of its modern real estate developments. The sharp rise in interest in the country’s citizenship program has been prompted by the impending closure of the program at the end of this year.  

Montenegrin citizenship – A gateway to Europe 

Montenegro’s highly sought-after program has an inbuilt development requirement, providing an attractive add-on to the usual benefits of an additional citizenship — investors are likely to see excellent returns on their real estate investment due to the nation’s property boom. The fact that Montenegro offers one of Europe’s most favorable tax regimes adds to its appeal to foreign business investors, who are not restricted on foreign ownership in the country. With its ease of access to major EU metropolises, investors see Montenegro as an ideal, well-priced gateway to Europe and the associated networking and business opportunities throughout the region. Montenegro is a recognized candidate for future membership of the EU, with 2024 as the target timeline for Montenegrin accession, by which time EUR 350,000 will seem like a very good investment for lifetime European citizenship to all who invested in the program. 

Montenegrin real estate-linked citizenship by investment yields multiple returns 

Rade Ljumović, Managing Partner at Henley & Partners in Montenegro, explains why the Montenegro Citizenship-by-Investment Program is an ideal investment opportunity. “When investors are weighing up their options, along with the financial requirements, passport strength, and processing time they consider numerous other vital factors. Political and financial stability and the quality of life that goes hand in hand with these aspects are big pull factors. They also take into account the business environment and taxes, and if investing in real estate, the buoyancy of the property market. More and more investors are choosing Montenegro because the country meets all these requirements and more.” Applicants to the Montenegro Citizenship by Investment Program must make a minimum financial contribution of EUR 350,000 (minimum investment of EUR 250,000 and a donation of EUR 100,000 to the country), and in exchange, and subject to a stringent vetting and due diligence process including thorough background checks, they and their families are granted Montenegrin citizenship within three to five months.  According to the Henley Passport Index, Montenegro’s passport holders enjoy visa-free or visa-on-arrival access to 123 destinations worldwide, including the countries in Europe’s Schengen Area, Hong Kong, Russia, Singapore, Turkey, and the UAE.  

Contact the global leader 

With over 35 offices and a local office in Montenegro, Henley & Partners experienced global team is best placed to guide you through your citizenship journey. Click here to find out more about this time-limited offer, or contact the firm’s expert advisors on +382 20 674074, or e-mail montenegro@henleyglobal.com 

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