Invest in Europe’s Emerging Destination – Kotor Montenegro
The opportunity to invest overseas has many benefits, but what if there was an option to strategically contribute to a burgeoning European destination, purchase a state-of-the-art home and become a citizen of a business-friendly, entrepreneurial country? An Adriatic hidden gem, Montenegro is a flourishing European hotspot for tourists and businesses alike, and its Citizenship by Investment programme provides individuals the attractive opportunity to attain resident status. The Montenegrin Citizenship by Investment programme was designed to stimulate the economy, encourage development in the region and support residential developments such as Kotor bay real estate – Porto Montenegro.
First launched in December 2018, the Montenegrin government announced in December 2021 it would extend the programme for another year with the increments of Government contribution costs. This additional time allow for savvy investors to take action and invest in this opportunity. To be eligible for the citizenship programme, individuals are required to invest a minimum of 450,000 euros into real estate in the country and donate 200,000 euros to Montenegrin government initiatives that contribute to improving the local economy and infrastructure. With an average processing time from six months, the Citizenship by Investment programme accommodates remote applications, with no relocation or language requirements, obligatory interviews or renunciation of existing citizenship. The programme will close at the end of this year, which means there are just six months remaining to apply for the programme. Montenegro is one of the fastest growing tourism economies in the world and investors from across Europe are seeing why it is a lucrative business proposition. As a member of the NATO alliance and with impending EU candidacy, the Montenegrin government is committed to fostering international relations, trade, and security for its citizens. Together with its strategic European location and burgeoning appeal as a luxury tourist hotspot, the time to invest in the country has never been better. The guarantee of Montenegrin citizenship offers a safe and secure investment with global access opportunities from the heart of the Mediterranean.