Recently, the World Bank's January 2021 Global Economic Prospects report pointed out that with the large-scale rollout of global vaccination programs, economic growth in the Eurozone and the Western Balkans will rebound strongly, with the global economy projected to grow by 4% in 2021! Notably, the report states that Montenegro is more likely to see a stronger rebound than other Western Balkan countries, with its economy expected to grow by 6.1% in 2021, leading all countries in the Europe and Central Asia region!
Located on the Balkan Peninsula in Southeast Europe, Montenegro is known as the European "Monaco." A Mediterranean coastal nation facing Italy across the sea, it attracts numerous wealthy individuals from Europe and America to vacation there for its peerless natural beauty. In the post-pandemic era, with the continuous rollout of Montenegro's vaccination program, the gradual recovery of the tourism industry, and the strengthening of consumer and business confidence, Montenegro will usher in brand-new investment opportunities in 2021!
Robust momentum for Montenegro's economic growth and great investment potential
In recent years, Montenegro's economy has grown rapidly, making it one of the fastest-growing economies in the Western Balkan region! Compared with other former Yugoslav republics and Balkan nations such as Serbia, North Macedonia, and Bosnia and Herzegovina, Montenegro's economic performance is outstanding. According to data released by the Statistical Office of Montenegro, the average annual GDP growth rate has been approximately 4% since 2015. Meanwhile, as the two pillars of the national economy, tourism and real estate are thriving; tourism real estate, in particular, is benefiting from the high-speed development of the tourism industry and continuously attracting international capital!
Montenegro's per capita GDP is nearing EU levels and actively aligning with EU standards
World Bank data shows that Montenegro's per capita GDP was $8,760 in 2018 and $8,832 in 2019! Romania, which joined the EU in 2007, had a per capita GDP of $12,301.186 in 2018; Bulgaria, which joined the EU in 2008, had a per capita GDP of $9,272.629 in 2018. Based on these figures, compared to some EU member states that have been in the Union for over a decade, the gap in per capita GDP is minimal, indicating that Montenegro has already reached levels comparable to some EU countries!
As an EU candidate country, Montenegro is currently at a historically favorable juncture. It may complete its EU accession integration process by 2024, marking a significant leap forward! Montenegro represents an investment opportunity reminiscent of the periods preceding the accession of the Czech Republic, Slovakia, and Romania into the EU, and the potential of its real estate market should not be underestimated! Furthermore, Montenegro uses the Euro as its sole legal tender, having already achieved monetary alignment with the EU. Investing in real estate in Montenegro is also an investment in Euro-denominated assets, acting as an excellent option for you to enter the European market!
The limited time and quota Montenegro Citizenship-by-Investment Program is a convenient path to quickly obtaining an EU passport—invest early
Among countries offering citizenship-by-investment programs, Montenegro is a top-tier EU candidate country targeted for the EU's eighth enlargement plan—the Eastern Enlargement. Montenegro's forthcoming EU accession is explicitly documented in the European Commission's new strategic decision—the Western Balkans Strategy. The launch of the Montenegro Citizenship-by-Investment Program has paved a path for investors to obtain future EU citizenship, at which point their Montenegro passports will be upgraded to EU passports! Following the formal closure of the Cyprus Investment Programme (CIP) on November 1, 2020, through which investors lost the most direct and convenient way to obtain an EU passport, the Montenegro Citizenship-by-Investment Program stands as a convenient method to quickly secure a future EU passport. Act early to reap the benefits!
To date, all quotas for real estate investment citizenship programs approved by the Montenegrin government have exceeded 1,000, representing more than half of the total quota! Furthermore, there are only about 9 months remaining until the legal deadline for the Montenegro Citizenship-by-Investment Program! Currently, a trend has emerged in the immigration market to catch the last train of this program. For interested investors, one should act early to invest in the time-limited and quantity-limited Montenegro Citizenship-by-Investment Program before the country joins the EU!
Great News! Recently, Worldway Group has grandly introduced to our investors the government-approved investment citizenship project, "Cruiser Hotel," located at a tourist resort on Montenegro's southern coast, adjacent to the Adriatic Sea. It features a beautiful environment and stunning views. The project is a five-star hotel with independent, permanent property rights, no holding period restrictions, and the ability to be freely resold after transfer. The global quota is limited to 252 spots, available on a first-come, first-served basis! By purchasing this hotel, investors can not only apply for the Montenegro passport as a family for an EU candidate country but also realize a win-win for both overseas property and overseas identity!
In addition, besides the grandly introduced "Cruiser Hotel" project, Worldway Group also offers other government-approved investment citizenship projects— The Westin Hotel, Elite Hotel, Brijacka Hotel, and Bjelasica 1450 Hotel, which are also highly popular projects currently in the immigration market, offering excellent locations and a variety of high-quality room types that are highly sought after!
As a proactive advocate for European investment immigration, Worldway Group, the immigration agency that was among the first to promote the Montenegro Citizenship-by-Investment Program, maintains excellent interaction and cooperation with the government of Montenegro! In November 2019, Worldway Group, in conjunction with the Montenegrin immigration authorities and the Embassy of Montenegro in China, simultaneously held the "Montenegro Citizenship-by-Investment Program Grand Launch Conference and Startup Ceremony" in Beijing, Shanghai, Guangzhou, Shenzhen, Qingdao, and Hong Kong. This introduced the Montenegro Citizenship-by-Investment Program, which has garnered global attention from investors, to China, causing a sensation in the immigration industry! This momentous event marks the establishment and promotion of the Montenegro Citizenship-by-Investment Program in China; it is a date that will be etched in history!
Worldway senior executives and high-ranking Montenegrin government officials jointly initiate the "Montenegro Citizenship-by-Investment Program Launch in China" ceremony
For immigration to Montenegro, choosing Worldway Group, the company that officially introduced the Montenegro Citizenship-by-Investment Program to China and maintains excellent interaction with the Montenegrin government, is a worry-free and reassuring choice! For more details, please consult, China Mainland: 400-138-2929 China Hong Kong: (852) 2802 8798
The copyright of this article belongs to Worldway Group. If you need to reproduce or publish this article by means of forwarding, linking, re-posting, or any other means, please be sure to specify that the article copyright originates from Worldway Group. Violators will be held legally liable.
* Property images are provided by the Montenegro project developer and are for reference only. This article is not an offer, does not contain any promises or offers, and official project documents provided by the Montenegro project should be taken as the standard. Investment involves risks; please choose carefully. The above information is provided for reference only. *