Wealth Solutions & Wealth Planning
Montenegro offers an array of Investment Opportunities in bid to become Business Hub of South-East Europe
The Montenegro Citizenship-by-Investment Program has opened for business, offering high-net-worth investors significant opportunities in a booming regional market, a powerful passport, and visa-free access to the whole of Europe’s Schengen Area, with global investment migration firm Henley & Partners one of only three government-appointed marketing agents for the program.
By adding Montenegro’s exclusive citizenship program to the already impressive list of investment options for HNWIs, Henley & Partners has further cemented its reputation as the industry leader when it comes to residence and citizenship planning.
Dominic Volek, Henley & Partners’ Managing Partner and Head of Southeast Asia, commented in a press release that “The Montenegro Citizenship-by-Investment Program signifies an extraordinary opportunity not just for high-net-worth investors around the world, but also the Montenegrin people. Montenegro is one of Europe’s best kept secrets, with unparalleled natural beauty, a flourishing tourism industry, an array of exciting investment opportunities, a rich cultural heritage, and is well-known for the hospitality of its citizens.”
Volek added that “(Henley & Partners’) extensive and unmatched government advisory practice, real estate, and marketing experience makes us confident that Montenegro’s exciting new citizenship-by-investment program will exceed all expectations. When properly implemented and managed, investment migration programs offer countries a means of tapping into a revenue stream that almost guarantees resilience and growth.”
In addition to being a NATO member, Montenegro is a recognized candidate for future membership of the European Union and is currently aligning its policies with those of the EU as part of the standard accession process.
The country is currently ranked 46th on the Henley Passport Index with a visa-free/visa-on arrival score of 122 and has an admirable safety record and a strong commitment to the rule of law. The World Bank classifies Montenegro as one of the fastest growing Balkan economies, and the nation is quickly establishing itself as a key strategic destination for some of the world’s most important industries (tourism, energy, infrastructure and agriculture), as it strives to become the business hub of South-East Europe.
Details on the Montenegro Citizenship-by-Investment can be found HERE.
Rade Ljumović, Director at Henley & Partners in Montenegro, offered further comment, saying that “The program has already attracted a great deal of attention ahead of its launch, and we expect demand to be high. Henley & Partners applauds the careful consideration with which the Montenegrin Government has chosen due diligence providers and looks forward to supporting Montenegro in the coming months and years as the country reaps the many benefits that well-managed investment migration programs can provide.
“Our extensive experience has shown us that apart from the economic gains, successful applicants bring intangible benefits to receiving countries, such as scarce skills and rich global networks. They add diversity, and they uplift host nations through improved and innovative services, which create new employment and entrepreneurial opportunities,” Ljumović added.
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