In recent years, with the trend of globalization in asset allocation, more and more investors understand the principle of not putting all their eggs in one basket. By obtaining overseas identities and seeking opportunities in the overseas real estate market, it has become an important means for high-net-worth individuals to allocate their global assets! Recently, Montenegro, as a rapidly developing economy in Europe, strategically located in Europe and using the Euro as its official currency, has attracted the attention of many investors in its tourism real estate market!
The Montenegro tourism real estate market has broad development prospects
According to statistics from the World Bank, Montenegro is one of the fastest-growing economies in the Balkans, with an average annual GDP growth rate of about 4% since 2015, and its economy is developing rapidly! As the two main pillar industries of Montenegro's national economy, the tourism and real estate sectors are flourishing, especially tourism real estate, which benefits from the rapidly growing tourism industry, continuously attracting international capital!
According to a report by Business Insider, Montenegro was the most popular travel destination for billionaires in 2019! The number of tourists visiting Montenegro in 2018 increased by more than 15% compared to the previous year, with hotel occupancy reaching a total of 14 million nights, and the tourism industry generating approximately 1 billion Euros in profit! The World Travel and Tourism Council (WTTC) predicts that Montenegro's tourism industry is expected to grow at a rate of 8.8% over the next 10 years!
With the launch of Montenegro's investment citizenship program, the Montenegro tourism real estate market is set to change rapidly, and foreign investors may invest more funds in the tourism-related real estate market, presenting broad development prospects!
Montenegro tourism real estate, a popular choice for Euro asset allocation
Notably, the first investment citizenship project approved by the Montenegro government—the Westin Resort, is limited to 240 participants, with only 190 spots remaining globally! This project is located at the well-known tourist destination in northern Montenegro—the Kolasin 1450 ski center, currently with no competitors of the same level nearby, offering permanent ownership, and can be sold and transferred after 5 years, making it highly sought after!
Experts indicate that due to Montenegro's growing tourism industry, if calculated with a compound growth rate of 8.8%, this project is expected to have a growth potential of 50% after 5 years, presenting broad prospects! Additionally, Montenegro has been rated by the UK’s Independent as "the least known travel destination," and amidst the opportunities of "known" and "unknown," it is evident that the Montenegro tourism real estate market provides investors with opportunities for early entry, which is strategically advantageous!
Meanwhile, the first property investment citizenship project approved by the Montenegro government is a shared ownership, meeting the rental standards of independent third-party large leasing companies, allowing investors to continuously share opportunities in the rental market, while losses are borne by the developer, which also alleviates the management costs of renting and maintenance for investors! More importantly, after 5 years, Montenegro may have joined the European Union, upgrading Montenegro real estate to EU country real estate, allowing investors to transfer ownership shares at market prices, providing high flexibility!
It is worth noting that Montenegro, which currently uses the Euro as its official currency, has achieved currency unification with the EU, and real estate in Montenegro is priced in Euros. Investing in Montenegro real estate also achieves Euro asset allocation! Starting from an investment of 350,000 Euros, not only can one apply for a passport from the EU candidate country Montenegro, but the investment asset is also Euro-denominated, making it a win-win choice!
Choosing the Montenegro investment citizenship project now can save approximately 450,000
After much anticipation, the Montenegro investment citizenship project, which has attracted global investor attention, has officially launched in China! Following the grand opening of the Montenegro investment citizenship project launch conference in Shenzhen, Shanghai, and Qingdao on November 1-2, on November 3, the Montenegro investment citizenship project launch conference will move to Beijing, where the Director and Deputy Director of the Montenegro Immigration Bureau, as well as the Montenegrin Ambassador to China and other government officials will be present to introduce Montenegro and its investment citizenship policies in various aspects! Currently, the popularity of this project far exceeds expectations, and seats are limited, so please make your reservations promptly! The good news is that choosing the Montenegro investment citizenship project now can save approximately 450,000 RMB. Limited spots are available, so investors should seize the opportunity!
The Asia's Top 500 Brand, WorldWay Group, as a facilitator of European investment immigration, maintains a long-term interactive and cooperative relationship with the Montenegro government, making it an excellent choice for obtaining a Montenegro passport.
Be ahead of the game, act quickly, and gain an advantage! On November 3, the Montenegro investment citizenship project launch conference in Beijing has limited seating, and entry is by reservation only, so please make your reservations promptly!Consultation hotline: 400-138-2929
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Note:
1. The content and data related to Montenegro in this article are provided by an agency certified by the Montenegro government.
2. The above information is for reference only and should not be used as an investment basis. Investment carries risks, and choices should be made cautiously.