As winter turns to spring, we have arrived in 2020. Looking back at 2019, the entire immigration industry was vibrant and eventful, and the launch of the Montenegro Citizenship by Investment Program undoubtedly became a shining new star in the industry. Recently, the released "Top 10 Immigration Events of 2019" quickly topped the industry's trending lists, drawing significant attention from domestic and international media and industry professionals alike. Among them, the launch of the highly anticipated Montenegro Citizenship by Investment Program was successfully selected as one of the "Top 10 Immigration Events of 2019," a well-deserved recognition.
Since the Montenegrin government published the Citizenship by Investment Program in Official Gazettes 34/10, 40/16, and 62/18, it has attracted the attention of global investors. In 2019, after various refinements, the long-awaited Montenegro Citizenship by Investment Program was finally officially opened to global investors for applications. Since then, the Montenegro Citizenship by Investment project, with an investment starting from 350,000 euros, has swept through the entire immigration industry.
Montenegro is one of the fastest-growing and most dynamic economies in Europe. According to data released by the Statistical Office of Montenegro (Monstat), the average annual GDP growth rate of Montenegro has been approximately 4% over the past four years since 2015. In the third quarter of 2019, Montenegro's GDP reached 1.603 billion euros, compared to 1.531 billion euros in the same period last year. The real GDP growth rate for the third quarter of 2019 was 4.7%, with the tourism industry making a special contribution to this growth.
As a pillar industry of the national economy, the tourism sector in Montenegro has maintained a high growth trend. According to data from the Statistical Office of Montenegro (Monstat), the number of tourists in 2018 was approximately 2.5 million, an increase of more than 15% compared to 2017, with a cumulative total of 14 million hotel overnight stays. The World Travel & Tourism Council (WTTC) has placed Montenegro at the top of the list of countries where "tourism is a strategic industry." Over the next decade, Montenegro's tourism industry is expected to grow at a rate of 8.8%, offering vast room for development.
As a leading EU candidate country, Montenegro may join the European Union by 2025. With investments denominated in euros, its citizenship by investment project is considered by the immigration industry to be a "potential stock" and a "high-growth stock." At the same time, Montenegro is a country with low tax rates in Europe and a friendly tax system, with a corporate profit tax and personal income tax rate of 9%, making it an ideal destination for overseas investment, business operations, and identity planning.
In November 2019, WorldWay, in collaboration with the Montenegro Immigration Bureau and the Embassy of Montenegro in China, held the "Grand Launch and Inauguration Ceremony of the Montenegro Citizenship by Investment Project in China" simultaneously in Beijing, Shanghai, Guangzhou, Shenzhen, Qingdao, and Hong Kong, introducing the project to China and opening the door for Chinese investors to enter Montenegro.
The launch event of the Montenegro Citizenship by Investment project in China was far more popular than expected, with a massive turnout.
Currently, among countries with open citizenship by investment projects, Montenegro is an EU candidate country from the Eastern European expansion region that uses the euro as its legal tender. With an investment starting from 350,000 euros, one can not only apply for a passport from the EU candidate country of Montenegro and hold euro-denominated assets, but also achieve euro asset allocation—a win-win choice! More importantly, choosing the Montenegro Citizenship by Investment project now can save you approximately 450,000 RMB. Quotas are limited; great projects do not wait! For details, please consult: 400-138-2929
As a top 500 Asian brand, WorldWay Group, as an active promoter of European investment immigration, maintains friendly exchanges, long-term interaction, and cooperation with the Montenegrin government, making it your best choice for obtaining a Montenegrin passport!
