The EU-candidate nation introduces a structured property-based residence pathway and a minimum tax threshold for foreign business owners.
The EU Commission also revealed that North Macedonia has received five economic citizenship applications but is yet to process any.
Following the European AG’s thumbs-up for Malta, Bojan Bugarin says Montenegro should process another 1,000 CBI applications.
The program raised more than EUR 400 million from some 1,100 applicants in its short-lived life. Only 484 have been approved so far.
With Montenegro’s CIP slated to close at the end of the year and 92 % of CBI-qualifying units in Boka Place sold, now is the time to take action.
Invest in a burgeoning European destination, live in a state-of-the-art home, and become a citizen of a business-friendly, mild-climate country?
As it did in 2021, Montengro’s government says it will end the CIP on new year’s eve. This time, an 11th-hour change of heart is less likely.
40 years have passed since countries first began selling citizenships. See our timeline of the history of citizenship by investment programs.
Nuri Katz calls CBI vetting “the best due diligence known to man.” He also takes part of the blame for the industry’s failure to effectively lobby Brussels.
John Hanafin also says North Macedonia and Albania “are about five years ahead of Montenegro” in terms of becoming EU members.
In a surprise move on the eve of expiry, the Montenegrin government gives the citizenship by investment program a new lease on life.
2022 no doubt holds a long list of surprises in store for the investment migration market. Here are seven changes we already know are coming.
The famous serial entrepreneur and philanthropist highlights low taxes, a first-class lifestyle and climate, and a growing economy as reasons he’s doubling down on Montenegro.
Investors from 45 different countries have acquired citizenship and beautiful homes in Porto Montenegro. Americans are the top investor group.
Live by the Mediterranean, get European citizenship, enjoy very low taxes and costs of living, an ideal climate, and a healthy, safe lifestyle.
As Montenegro welcomes more and more international travellers, Porto Montenegro stands out as the most attractive and dynamic destination in the region
Real Estate prices in South Montenegro grew 21% between 2017 and 2019, while property resale prices have increased by 25%. Sound tempting?
Units start from EUR 190,000 and qualify the investor for citizenship in what’s widely considered the next-in-line EU member country.
Stephane Tajick laments that Montenegro’s government never gave the country’s CIP a chance to prove its mettle before settling its fate.
The government indicated the program’s economic benefits so far did not justify jeopardizing EU accession talks.