According to reports from the Balkan Independent News Agency, in 2009, the Montenegrin government granted citizenship and issued a Montenegrin passport to former Thai Prime Minister Thaksin Shinawatra as a reward for his business investments. Milo Djukanovic, then Prime Minister of Montenegro, stated in an interview with the Associated Press that granting Thaksin Montenegrin citizenship was due to the significant impact of his business investments on the development of Montenegro's tourism industry. Afterward, Thaksin frequently appeared in the coastal tourist area of Budva, Montenegro, and when interviewed in the capital Podgorica, he expressed: he has become a citizen of the Republic of Montenegro and is preparing to invest in Montenegro. Currently, his company manages Montenegro's largest island and resort, St Nikola's Island.
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Montenegro is a favorite vacation destination for European nobles and celebrities, offering substantial development opportunities
As a world-renowned tourist destination, thanks to its unique location and beautiful scenery, Montenegro is known as the “Monaco of the Balkans.” It represents European high-end vacation countries, greatly favored by European aristocrats and celebrities. Notable films like “007” and “Bridge” have used Montenegro as a filming location, attracting numerous EU, UK, Russian celebrities, and wealthy individuals to purchase and develop tourist resorts, casinos, and high-end real estate along the Montenegrin coast. Additionally, a report from Business Insider indicates that Montenegro was one of the most popular tourist destinations among billionaires in 2019 and is a country experiencing a continuous increase in ultra-wealthy individuals, presenting considerable development opportunities.
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Rapid growth of the tourism industry positions Montenegro's tourism real estate as an excellent choice for overseas asset allocation
As a pillar industry of Montenegro's national economy, tourism has flourished in recent years, especially tourism real estate, benefiting from the rapidly developing tourism sector and continuously attracting international capital! The World Travel & Tourism Council (WTTC) predicts that Montenegro's tourism industry is expected to grow at a rate of 8.8% over the next 10 years! If calculated at a compound growth rate, the Montenegrin tourism industry is anticipated to have a 50% growth potential in five years!
According to economic data released by CEIC, real estate prices have increased to varying extents in former Eastern European countries after joining the EU! For Montenegro, which is expected to join the EU before 2024, it mirrors the investment opportunities seen in the Czech Republic, Slovakia, and Romania before their EU accession, indicating that the potential of its real estate market should not be underestimated. When selecting properties approved by the Montenegrin government for investment citizenship projects, Montenegrin real estate could upgrade to EU country real estate, and future property appreciation may exceed expectations! Furthermore, Montenegro has adopted the Euro as its sole legal tender, achieving currency unification with the EU. In other words, properties in Montenegro are priced in euros, and investing in Montenegrin real estate also represents euro asset allocation, making it a good choice for entering the European investment market!
Immigrating to Montenegro through its investment citizenship project, which is officially introduced in China, is a choice that ensures peace of mind and confidence, as we have a good interaction with the Montenegrin government, qualifications to promote Montenegrin immigration projects, extensive experience in immigration business, and strong brand strength!
Montenegro is accelerating its EU accession; the limited-time investment citizenship project is a convenient way to quickly obtain an EU passport, and investment should be made as soon as possible
Among the countries currently offering investment citizenship programs, Montenegro is an EU candidate nation with the Euro as its legal currency, particularly in the context of its clear timeline for joining the EU. Recently, Jaroslav Nad, the Minister of Defense of Slovakia, stated during a media interview: “The new European Commission has announced that it hopes at least one country will join the EU during its term, and Montenegro is the candidate nation most likely to join the EU.” It is noteworthy that the new European Commission was established in 2019, serving a five-year term, indicating that Montenegro might join the EU before 2024, accelerating the timeline further!
As a country slated to join the EU, the introduction of Montenegro's investment citizenship project has provided investors with a convenient pathway to obtain EU citizenship in the future, at which point the Montenegrin passport they hold may upgrade to an EU passport! The Montenegrin investment citizenship project began on January 1, 2019, and will end on December 31, 2021, with legislation stipulating that only 2,000 applications will be accepted! As of now, over 1,000 applications have already been approved by the Montenegrin government for all property investment citizenship projects, exceeding half of the total quota, making it urgent to occupy available quotas! Furthermore, only about one year remains to apply before the official investment deadline for the Montenegrin investment citizenship project, meaning investors who are interested should take action as soon as possible before Montenegro joins the EU!
Recently, a significant surprise for the immigration industry and global investors was the announcement that the Cyprus Investment Program (CIP) has officially ceased operations since November 1, 2020! Currently, there is a growing trend in the immigration market to catch the last train of Montenegro's investment citizenship project. If you missed the Cyprus EU passport program, the Montenegrin investment citizenship project will be the most convenient way to obtain an EU passport in the future, and now is the best time to seize the opportunity for an EU passport; act early to benefit early!
Great news! Currently, the investment citizenship projects approved by the Montenegrin government—"Bjelasica 1450 Hotel" and "Blaze Hotel"—are immigrant projects in the European investment immigration market with shorter investment terms and no holding period restrictions, allowing investors to resell freely after transfer, making them highly sought after! Starting at €350,000, not only can investors gain permanently owned properties, but they can also apply for Montenegrin passports for their entire family, achieving a dual win of overseas property and overseas identity!
2020 Healthy Planning Year, where health planning precedes identity! Choose the Montenegro investment citizenship project, for more details please contactWorldWay Hotline, Mainland China: 400-138-2929, Hong Kong, China: (852) 2802 8798
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* Real estate images are provided by the Montenegrin project party and are for reference only. This article is not an invitation to offer and does not contain promises or offers; please refer to the official project documents provided by the Montenegrin project for accurate information. Investment carries risks; choose wisely. The above information is for reference only.*