The most beautiful encounter between land and sea at the dawn of the Earth must be the coast of Montenegro.
— British Romantic poet Lord Byron
Recently, CNN reported that Montenegro and Cyprus are among the most popular countries for specific citizenship investment programs! Compared to the fourth quarter of 2019, the number of applications for Montenegro's citizenship by investment program and Cyprus's investment program surged by 142% and 75% respectively in the first quarter of 2020, during the global pandemic, showing remarkable performance!
Source: CNN Official Website
What draws attention is the recent shocking news that caught the immigration industry and global investors off guard: starting from November 1, 2020, the Cypriot government officially announced the termination of the Cyprus Investment Program (CIP)! This means that investors have lost the most direct and convenient way to obtain an EU passport!
After the termination of the Cyprus Investment Program, the only convenient way to obtain an EU passport remains the Montenegro citizenship by investment program! Meanwhile, according to observations from WorldWay Group, many investors from countries such as China, Italy, Russia, Switzerland, and the United States are now focusing on Montenegro as their "trump card"!
So, why do many investors choose Montenegro among the countries in Europe that have launched citizenship by investment programs? What reasons make Montenegro favored by CNN?
1
"The Last Oasis of Europe," Montenegro has received high praise from multiple media outlets as an excellent destination for relocation after the pandemic.
CNN pointed out that in the first half of 2020, the demand for a second identity among global elite wealthy individuals surged during the response to the COVID-19 pandemic. Data shows that from January to June 2020, global immigration consultations increased by 49% year-on-year, and the number of people submitting immigration applications after consultations rose by 42%. CNN specifically noted that the main motivations for beneficiaries of the CIP in the past 5 to 10 years have been freedom of movement, tax incentives, and different lifestyles and experiences. Additionally, due to the pandemic, some families are also considering healthcare and potential safe areas to ensure a secure Plan B.
Located on the Adriatic coast of the Balkan Peninsula in Europe, facing Italy across the sea, Montenegro is known as "The Last Oasis of Europe" and is one of the few ecological countries in the world. As a European country along the Mediterranean coast, Montenegro not only boasts beautiful natural scenery, a pleasant climate, and rich tourism resources, but also has a complete education, healthcare, and social security system that meets European standards. It is a country with a high global peace index, political and economic stability, safety, democracy, and diversity, making it an excellent destination for investors seeking health and identity planning.
As a world-renowned tourist destination, Montenegro represents a high-end vacation country in Europe, favored by European nobility and celebrities, and is dubbed the "Monaco of the Balkans." The well-known American travel magazine Lonely Planet once described it as having medieval villages that feel like stepping back in time, making it one of the most charming travel spots in Europe. Montenegro made a strong entry in Forbes' "2019 Best Travel Destinations in Europe" list; the British newspaper The Guardian selected Montenegro as one of the "20 Best Vacation Destinations in Europe for 2020"; recently, the French newspaper Le Figaro stated that Montenegro is considered a safe vacation destination for 2020; the British portal site Life Observer suggested that the first trip after quarantine should be to Montenegro!
2
The launch of the Montenegro citizenship by investment program provides investors with multiple opportunities for overseas investment and business.
Currently, Montenegro has one of the lowest personal income tax rates in Europe, with a profit tax rate of 9% and a maximum personal income tax rate of 9%, exempting gift tax, inheritance tax, etc., becoming a new wealth accumulation area, often referred to as the "Monte Carlo of the Balkans." As an EU candidate country, Montenegro is aligned with EU currency unification, making it an excellent pathway for investors to conduct business freely within the EU!
Montenegro has a friendly business environment, and the government emphasizes improving the investment environment and attracting foreign investment. The "Montenegro Foreign Investment Law" establishes a clear, friendly, open, and fair business environment, granting foreign investors national treatment in establishing and investing in companies. Discus Holdings has also commented that Montenegro provides "a highly efficient and productive environment for investors." It can be said that the launch of the Montenegro citizenship by investment program offers global investors multiple opportunities for overseas investment, business, and asset allocation!
Montenegro's EU accession is accelerating, and the limited-time, limited-quantity Montenegro citizenship by investment program is a convenient way to quickly obtain an EU passport; investors should act quickly!
Among the countries currently open for citizenship by investment programs, Montenegro is an EU candidate country with the euro as its legal currency, located in the EU's eastern expansion region, and is a country with a clear timeline for EU accession. Recently, Slovakia's Minister of Defense Jaroslav Nad stated in a media interview: "The new European Commission has announced that during its term, it hopes at least one country will join the EU, and Montenegro is the most likely candidate to join the EU." It is worth mentioning that the new European Commission was formed in 2019 and has a term of five years, meaning Montenegro could potentially join the EU by 2024, speeding up the timeline once again!
As a country poised to join the EU, the launch of the Montenegro citizenship by investment program provides investors with a convenient pathway to obtain EU citizenship in the future, and the Montenegro passport they hold may upgrade to an EU passport! The Montenegro citizenship by investment program started on January 1, 2019, and will end on December 31, 2021, with a total of 3 years, and the legislation stipulates that only 2000 application slots will be accepted! As of now, the number of approved property investment citizenship slots by the Montenegro government has exceeded 1000, which is more than half of the total slots, making it urgent to secure a quota! Additionally, there is only about one year left until the statutory investment deadline for the Montenegro citizenship by investment program, so for investors in need, action must be taken early before Montenegro joins the EU!
Great news! Currently, the Montenegro government-approved investment citizenship projects—"Bjelasica 1450 Hotel" and "Blaz Hotel"—are among the shorter investment duration immigration projects in the European investment immigration market, with no holding period restrictions. Investors can freely resell after the transfer, making them highly sought after! Starting from €350,000, investors can not only acquire properties with permanent ownership but also apply for the Montenegro passport, an EU candidate country, for the whole family, achieving a win-win in overseas property and overseas identity!
WorldWay Group, ranked among Asia's top 500 brands, actively promotes European investment immigration and maintains friendly interactions and long-term cooperation with the Montenegro government, making it an excellent choice for you to obtain a Montenegro passport!
2020 is the year of health planning; health planning, identity first! Choose the Montenegro investment citizenship program. For details, please consult the WorldWay Group service hotline: Mainland China: 400-138-2929 Hong Kong, China: (852) 2802 8798
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* Property images are provided by the Montenegro project party for reference only. This article is not an invitation to offer and does not contain any promises or offers; please refer to the official project documents provided by the Montenegro project. Investment involves risks; choices should be made cautiously; the above information is for reference only.*