Montenegro’s Citizenship by Investment (CBI) program is ranked as the 9th best program of its kind by citizenship planning platform, Best Citizenships. In addition, its passport is ranked as the 58th most powerful in the world.
Based on these two facts alone, it’s clear to see that the Balkan country has a lot to offer foreign nationals seeking second citizenship. To acquire Montenegrin citizenship and passport, you need to make a one-time government contribution and invest in real estate in the country.
The Montenegro Citizenship by Investment program only began accepting applications in late 2019. In the short time since its launch, the program has become a popular route to a second passport for high-net-worth individuals all around the world.
Like many of its counterparts, this program was created by the government of Montenegro to attract direct foreign investment and increase economic activity in the country. In exchange for a defined economic contribution to the nation, individuals are granted citizenship status and gain the right to live, work and study in Montenegro.
In addition to a one-time donation, investors looking to apply for the Montenegro CBI program will need to invest in government-approved projects in the country.
The Balkan country is home to the most affordable real estate prices in the whole of Europe, with a range of properties, such as upscale hotels and resorts, set in beautiful locations with unique environments.
If the property is located in the North of Montenegro, the minimum investment amount is set at EUR 250,000. And if located in the more prestigious South, including the Adriatic coast, the minimum investment amount increases to EUR 450,000.
Budva is the center of tourism in Montenegro and the main vacation destination for summer holidays on the Adriatic coast, in the Mediterranean.
However, you can expect high returns on your real estate investment.
Montenegro has one of the fastest-growing economies in the region and the continent. This is primarily due to the nation’s thriving tourism industry, which saw 3 million visitors in 2019 before the global pandemic hit – making it a lucrative investment with high returns.
When investing in the North, you’ll have the choice of putting your money in freehold apartments or hotel units located in premium ski resorts. In comparison, the South has many luxury apartments and homes that will yield average rental returns of 4-6% per annum.
The best part is that the real estate investment can be sold after five years – leaving investors with a considerable profit margin due to the growth in property value.
Montenegro has a wide range of investment possibilities with outstanding geographical diversities and landscapes.
Once a modest town, Tivat went through a major remodelling of its marina and surroundings, and nowadays, it is a place where many celebrities reside and rest in the summertime.
Many people have a false belief that obtaining European citizenship is a difficult and time-consuming process – but it doesn’t have to be when applying for the Montenegro CBI program.
Always remember, when applying for any Citizenship by Investment program, be sure to render the services of an accredited and recognised advisor, like Savory & Partners.
When choosing us as your partner on this journey, you can be assured that you are in safe and capable hands. Savory & Partners is a long-standing and well-respected authorized agent that specializes in helping high-net-worth individuals secure citizenship through investment for themselves and their dependents.
The Savory & Partners team is made up of a diverse group of industry experts who span over 15 nationalities, speak over 25 languages collectively, and come with decades of accumulated CBI and RBI industry experience. Our level of expertise and competence combined with our commitment to serving our clients with the highest level of professionalism and transparency has led us to aid over 1,100 families obtain a second passport with a 100% success rate. There is no one better positioned and more trustworthy than Savory & Partners when seeking the best results on your quest to secure a better future for yourself and your family.
If you would like to apply for the Montenegro Citizenship by Investment Program or learn more, contact us today for a free online consultation. One of our skilled agents will happily aid you in your enquiry.
We are available on every channel convenient for you.
ETIAS and dual citizenship have become increasingly relevant topics for travelers worldwide. Starting in 2025, many travellers will need to…
Pros and cons of dual citizenship must be understood before embarking on this journey. But first, let's clarify what dual…
Malta runs the only EU citizenship by investment program, making it a unique investment migration venture that is extremely beneficial,…
Greece real estate new regulations options have been updated as the Greek government has recently announced new real estate investment…
The Caribbean countries offering Citizenship by Investment (CBI) Programs are swiftly implementing the Memorandum of Agreement (MOA) signed by Antigua…
Business investment opportunities in Hungary have gained prominence as the country defies global economic headwinds, emerging as one of the…