Montenegro Citizenship By Investment In 2021
Email The Real Estate Agent
There residences are mostly water-front and offer an exquisite view of the surroundings. The officers of the Ministry do not disclose the information about the passport holders in accordance with the law of Montenegro ‘On Protection of Personal Information’. The procedure of acquiring citizenship of Montenegro by investment is totally confidential.
The country’s impending EU candidacy demonstrates government commitment to both internal and international security and stability, resulting in a tangible return on investment for buyers. Brennon Nicholas, Montenegro resident and director at Porto Montenegro, says it’s a beautiful place to live, and the locals are welcoming to ex-pats. Other benefits driving investors include “the low personal and corporate tax rates capped at just 9%, the central European location, the safety of the euro currency and the natural beauty”. Montenegro Citizenship by Investment Program was established to attract foreign direct investment and encourage high-net-worth investors to settle and conduct business in Montenegro, thereby boosting the nation’s economy.
Second Passport For Your Future
It borders Bosnia and Herzegovina to the north; Serbia and the disputed territory of Kosovo to the east; Albania to the south and Croatia to the west. Montenegro has an area of 13,812 square kilometers and a population of 640,000,. Its capital Podgorica is one of the twenty-three municipalities in the country. Enjoy visa free travel to more than 70 countries with a Montenegro passport and numerous other benefits. Get your Montenegro Citizenship with us today and unlock the business opportunities awaiting you.
Montenegro is a member of NATO and is an official candidate country for EU membership. It is the fastest growing Balkan country with a powerful passport that gives visa-free or visa-on-arrival access to 122 countries worldwide including EU Schengen Area. Agency works with professional advisors who pay attention to your individual needs.
Your Family Can Also Get Citizenship
IMMIGRATION, RESIDENCY & CITIZENSHIP INVEST empowers you and your family to choose a second home legally in 17 countries. Legally obtain a reputable & irrevocable second citizenship in months. Antigua and Barbuda is part of the Commonwealth since 1981 and its official business language is English. The law of the Citizenship-by-Investment and Second Program of Antigua and Barbuda was established in 2013. Representatives of the Secretariat point out that only application of proven credibility in a professional and personal context and inflow of investment funds with the proven legal origin and great transparency will be acceptable. They did not reveal the names of the investors who had applied for a Montenegrin citizenship.
They can structure a manufacturing business in southeast Asia and visit as often as they’d like. For example, someone from the US would benefit from a European passport that gives them unfettered access to the European continent . In China, for example, increasing political crackdowns and strict capital controls are spurring individuals to seek second passport solutions in Europe, Canada, the US and the Caribbean. There are many other fantastic, legal tax reduction strategies you can use– especially if you own a business. Chapter 2 allows individuals living in Puerto Rico to generate unlimited investment income, subject to a few simple rules, and pay zero tax on it.
Among all the European citizenship programs, it is one of the cheapest, which makes it very appealing. However, it is important to keep in mind that Montenegro is not a member of the European Union, but a candidate for EU membership. According to predictions, it is expected to join the EU in 2025 and has already adopted the Euro as its currency. Depending on which basis you are applying for Montenegrin citizenship, you will either apply through the local branch of the Ministry of Interior or through other appropriate channels.
Then there’s the business investment option, which requires $1.5M before fees (or $400,000 per person if the investment is made as a group). But the government now offers inexpensive “COVID-19 Relief Bonds” as part of its citizenship-by-investment program. The traditional government bond option requires investors to keep bonds for at least five years.
How To Retire In Montenegro
Movement for Changes leader Nebojša Medojević as well as Vanja Ćalović of NGO MANS were quoted as warning that the programme would attract gangsters and increase corruption. Budimir Aleksić of the Poslanik Nove for his part complained that the government would “sell citizenship” while leaving 60,000 residents of Montenegro stateless. Stephan Meyer of Germany’s Christian Social Union also spoke out against it, and said it might threaten the recent moves to grant Montenegrin passport-holders visa-free travel within the Schengen Area. However others offered public praise to the programme, including Canadian ambassador to Serbia, Montenegro, and Macedonia John Morrison, who compared it to Canada’s own visa policy, which has provisions for granting visas to investors.
Located in the Balkan peninsula in Southeastern Europe, Montenegro is a country of unique beauty, filled with pristine lakes, and stunning mountains. Montenegro also has the fastest economic Turkish citizenship 250.000 USD development in the region, due to its booming tourism, energy, and agricultural sectors. Porto Montenegro is an eligible and credible development for your real estate investment.
A non-citizen is eligible for a residence permit through the acquisition of a qualifying property in a government approved scheme at a minimum investment of USD 375,000. Enjoy the exclusive privileges that dual citizenship and international investment can provide, such as visa-free travel, reduced tax burdens, and the ability to expand your business internationally. Our consultants can help you choose the right programme and be with you every step of the way. Austria does not have a straight forward citizenship by investment program. Instead, the government looks into each investor and studies each application individually.
- In 2018, the Montenegrin government announced the launch of a new program for obtaining citizenship of the country through investment.
- In introducing their Citizenship-by-Investment Programme, the Montenegrin government is expected to generate investment to fast-track a number of luxury property developments.
- But it allows fewer visa-free countries than a U.S. passport, so curb your enthusiasm unless you have a specific need for a second passport.
- On that way, you will protect your assets, and you make a legal right to live and work in another country as a rightful citizen.
- In a more advantageous position are those whose immigration to the country is associated with a joyful event – marriage with a citizen of Montenegro.
The prospective Montis Hotel & Resort is going to be a luxury five-star hotel with 238 suites including 25 luxury suites. According to the business plan, the construction work should be started by October 15, 2020 and completed by December 31, 2022. “Investing in Montenegro is a great opportunity that has just got even more desirable,” said Armand Arton, founder and president of Arton Capital. “We fell in love with the country, the breathtaking topography and the welcoming people. During the Global Citizen Forum hosted in Sveti Stefan last year, our guests were simply amazed,” added Mr. Arton. With Montenegro’s prominent natural beauty and sophistication, tourism in the north has also begun to play a vital role for the nation.
How To Get Permanent Residency In Montenegro?
Regent Pool Club Residences comprises 129 luxury, ready homes across two wings – Aqua and Baia. The development features studios and one-, two- and three-bedroom apartments and penthouses with rooftop terraces and views. The complex offers an infinity/lap and children’s pool and poolside café, and offers direct access to the onsite Regent hotel’s services, amenities and rental programme.
Foreign nationals are also welcome to apply for Albanian citizenship without having to renounce their original citizenship. There are today, more and more countries that allow dual citizenship. However, there are many countries where acquiring a second citizenship is strictly forbidden.
Montenegro has both a picturesque coast and a mountainous northern region and is visited by tourists around the world during their long summer period. Montenegro has two international airports, Podgorica Airport and Tivat Airport. Launched in 2012, Portugal’s Golden Visa Program offers non-European Union investors a fast track to obtaining a valid residency permit. The experience of Apex Capital Partners with the real estate market allows us to find reliable developers around the world whose projects allow you to obtain citizenship for real estate. The Montenegrin government is actively diversifying economic drivers in the country.