“At the birth of our planet, the most beautiful encounter between land and sea must have been on the coast of Montenegro.” This is how the British Romantic poet Lord Byron praised Montenegro. Montenegro is a continental European country on the Mediterranean coast, located on the Balkan Peninsula in Southeast Europe, facing Italy across the sea, and is known as the “Monaco” of the Balkans. Montenegro has a pleasant climate, beautiful natural scenery, and rich tourism resources; it is a politically and economically stable, safe, democratic, and diverse country.
Montenegro accelerates its EU accession process
Montenegro has clear diplomatic goals and is actively developing its relationship with the European Union. It has received broad support from officials of EU member states and has been included in the EU's eastward expansion plan, accelerating its accession process. Montenegro is an EU candidate country that uses the Euro as its legal tender. It is also a member of the United Nations, the Central European Free Trade Agreement (CEFTA), the WorldWay Organization (WTO), NATO, and a treaty country for the U.S. E-2 visa. Montenegro's international status continues to rise.
Montenegro's overall economic development is stable and positive
Montenegro's overall economic development is stable and positive, with an average annual GDP growth rate of approximately 4% over the past four years. In 2018, it achieved a GDP per capita of 8,760 USD. Montenegro is a low-tax country in Europe with a friendly tax environment and no global taxation. The corporate and personal income tax rate is 9%, and it is exempt from gift tax, inheritance tax, etc., which is conducive to business and makes it one of the preferred countries for investors to allocate overseas assets.
A tourist destination with a booming tourism and tourism real estate industry
Montenegro is a world-renowned tourist destination. Its two major ski centers, Kolašin and Durmitor, attract numerous ski enthusiasts every year. The tourism and tourism real estate industries are booming and are the pillar industries of Montenegro's national economy. Tourism real estate has benefited from the rapidly developing tourism industry and is growing quickly! In 2018, the number of tourists visiting Montenegro increased by more than 15% compared to the previous year. The World Travel & Tourism Council (WTTC) predicts that over the next 10 years, Montenegro's tourism industry is expected to grow at a rate of 8.8%, offering broad development space.
As one of the fastest-growing economies in Europe, Montenegro offers numerous investment opportunities and is an excellent destination for investors to plan their identity and conduct business overseas. Currently, starting from 350,000 Euros, you can obtain a passport from Montenegro, an EU candidate country, and the purchased property can be sold after five years. For investors, this is a win-win choice; not only can they allocate Euro-denominated assets, but they can also obtain citizenship in Montenegro, an EU candidate country.
Montenegro Citizenship by Investment Program
Based on the special decisions published in the Official Gazette of Montenegro 34/10, 40/16, and 62/18, the Government of Montenegro passed the “Decision on the Criteria, Method, and Procedure for Selection of Persons Who May Acquire Montenegrin Citizenship by Admission for the Purpose of Realization of a Special Investment Program of Special Importance for the Business and Economic Interests of Montenegro” on November 22, 2018. The program is valid for three years (January 1, 2019 – December 31, 2021) and provides citizenship to 2,000 foreign investors.
Citizenship Model: Donation + Investment
Option 1: Donate 100,000 Euros to the government + Invest 250,000 Euros in the northern region (excluding Podgorica) or in a development project, which can be sold after 5 years.
Option 2: Donate 100,000 Euros to the government + Invest 450,000 Euros in the coastal region (including Podgorica) or in a development project, which can be sold after 5 years.
Government-Approved Project - Westin Ski Resort Hotel
Currently, through a public tender, the Montenegrin government has selected and approved the Westin Ski Resort Hotel as the first investment citizenship project that meets the requirements of Option 1, with a total quota of 240 investors. The hotel is located at the Kolašin 1450 Ski Center in northern Montenegro, adjacent to the ski slopes, and is a four-star hotel with permanent property rights. There are currently no competing products of the same level in the surrounding area, and it can be sold or transferred after 5 years. As a pioneer in introducing European investment immigration, Worldway Group, one of the Top 500 Asian Brands, maintains friendly exchanges and long-term cooperation with the Montenegrin government, making it your best choice for obtaining a Montenegrin passport.
Event Announcement
The long-awaited and highly anticipated Montenegro Citizenship by Investment Program has grandly arrived in China, and global investors are being actively recruited! Worldway Group, in collaboration with the Montenegrin government, will hold the Montenegro Citizenship by Investment Program China Launch Conference in Shenzhen, Guangzhou, Hong Kong, Shanghai, Qingdao, and Beijing from November 1st to 3rd! At that time, high-ranking Montenegrin government officials will attend in person to introduce Montenegro and its investment citizenship policy from multiple perspectives. Opportunities are rare and seats are limited, so please book your spot as soon as possible!
For immigration to Montenegro, choose Worldway Group for peace of mind and reliability! Consultation Hotline: 400-138-2929
Notes:
1. The content and data regarding Montenegro in this article are provided by agencies certified by the Government of Montenegro.
2. The above information is for reference only and does not serve as a basis for investment. Investment involves risks, and choices should be made with caution.
