MONTENEGRO – THE MOST PEACEFUL COUNTRY IN THE WORLD
Montenegro is currently a European country chosen by many investors as an ideal immigration destination. In addition to the appealing scenery, life in Montenegro is extremely peaceful and fascinating.
Where is Montenegro?
The Republic of Montenegro is a country in southeastern Europe. It is bordered by the Adriatic Sea to the southwest, sharing borders with Croatia to the west. And Bosnia and Herzegovina to the northwest, Serbia to the northeast. Kosovo to the east and Albania to the southeast.
Because of the geographical advantages of Montenegro, this country can be considered the most convenient gateway to enter the European Union.
Montenegro country with majestic natural scenery, people here are so friendly and hospitable.
– Area: 13,812 km²
– Population: more than 620,000 people
– Currency: Euro
Nature and climate in Montenegro
Located on the Balkan Peninsula in Southeast Europe, it is known for its spectacular natural beauty, including mountains and long coastlines. Indeed, the majestic Mount Lovćen and the beautiful Adriatic coast stretching for 273 km and the fine white sands make up the stunning scenery for this country.
The country of Montenegro is always blessed with warm sunshine and cool weather all year round.
The average summer climate is 27 degrees Celsius (in July-August) in the sea, while the mountain climate is cooler, only about 12 degrees Celsius. In winter, the average temperature is 7 degrees Celsius in the coastal area and in the mountains, it’s 0 degrees Celsius with snowfall. As a result, Montenegro is extremely attractive to tourists and investors.
Montenegrin culture
The culture of Montenegro is diverse and influenced mainly by Ancient Rome, Christianity, Islam, the Byzantine Empire, the Ottoman Empire, the Republic of Venice, Austria-Hungary and Yugoslavia. It has a number of important historical and cultural sites, including heritage sites from the pre-Romanesque, Gothic and Baroque periods.
It is particularly famous for its religious monuments, mainly related to Venetian architecture, including the Church of Saint Tryphon, the Basilica of Saint Luke (more than 800 years old).
Economy
Montenegro is one of the fastest-growing economies in the Balkans with a GDP of 5.42 billion USD (2019 according to the IMF), per capita income of 8,900 USD and quickly becoming a center economy with some important industries in the world thanks to its strategic location such as tourism, agriculture and aluminum. In addition, the tourism industry is considered a key industry in this country (accounting for more than 20% of GDP).
Montenegro is in the process of joining the European Union in 2025 and already using the Euro as its official currency and is also in the process of integrating EU legislation into national legislation.
The country of Montenegro promises to be a potential country for investors who want to find a safe, flexible, and opportunity immigration program as well as a European standard of life.
Tourism is a key contributor to the Montenegrin economy. About one million tourists visit Montenegro each year, bringing in 480 million Euros. Tourism is considered the backbone of future economic growth.
Benefits of becoming a citizen of Montenegro
The Montenegro passport is currently ranked 37th in the world according to The Passport Index. Which allows citizens to travel visa-free to 124 countries including the European Schengen Area, Russia, Turkey. And it is expected to expand further according to the EU accession roadmap.
Investors are entitled to apply for an E-2 visa to work and live in the US because it is a country with a bilateral maritime trade treaty (Treaty countries) with the US similar to Grenada, Turkey, and Bulgaria.
It will be a candidate to join the EU in 2025. At that time, investors who possess a Montenegro passport will become European citizens with full rights. In addition, investors have citizenship in a member state of the European Monetary Union, NATO Union, OSCE and WTO.
Enjoy life in Montenegro with a reasonable cost of living in the heart of Europe with gorgeous scenery. And fresh environment, convenient location to move around the world.
Montenegro Investment Immigration Program
To qualify for the Investment Program for the Nationality of Montenegro, the main applicant must be over 18 years old. Meet the eligibility requirements for application and contribution to the Government of Montenegro. There are two alternative pathways to program eligibility:
– 450,000 EUR investment in real estate projects in the capital of Podgorica or in the coastal regions.
– 250,000 EUR investment in real estate projects in northern or central Montenegro, excluding Podgorica.
In addition, there is a government fee of 100,000 EUR per application. This contribution will go to a special fund for the development of underdeveloped areas.
The Montenegrin Investment Immigration Program is part of the government’s development strategy to attract FDI to support public projects and develop the domestic tourism industry.
Conclusion
The country of Montenegro is one of the appealing immigration destinations for investors, because of not only the conditions and but also the attractive preferential policies. Moreover, this country offers an ideal and wonderful life, stunning scenery and rich cultural history. Especially, Montenegro is increasingly attracted by its fertile real estate sector.
Portico & Bridge is a leading European immigration consultant, with more than 35 years of experience and a team of more than 50 professionals worldwide.
For more information on immigration to Montenegro program or other investment immigration opportunities, please contact Portico & Bridge for detailed support.
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