Buy a Holiday Home in Montenegro by December 31 To Get Citizenship (And A Second Passport)
With its fjord-like bays, luxury marinas, and a growing reputation as “the next French Riviera”, Montenegro is a top destination for real estate investment.
Nestled in southeast Europe, Montenegro offers a luxury lifestyle with a low cost of living and it’s unique citizenship-by-investment program is still available for a limited time.
Considered an up-and-comer on the Euro scene, a Montenegrin passport provides visa-free travel to over 124 destinations worldwide (including Schengen areas, China, Turkey, Russia, and the Middle East) in addition to an attractive 9% corporate and personal tax rate.
First in line to become a EU member in 2025, Montenegrin citizenship will carry a larger premium in the market because of the settlement rights allowing citizens of any EU country to live anywhere within the EU.
Obtaining citizenship in a foreign country is a notoriously difficult process, usually dependent on a number of restricting factors and typically requiring years of residence to qualify, in addition to the red tape and a significant cost of entry (on the lower end, the $1.1M cost for citizen-by-investment programs in Malta, for example).
In addition, lengthy holding periods require new citizens to wait years before being able to legally sell their property.
“With the Montenegro citizenship-by-investment program, there is no holding period for the property you purchase. As soon as you receive the title deed in your name you can sell it, or keep it as a rental investment property,” says Niko Lakovic of Montenegro Sotheby’s Realty.
This limited-time government initiative provides foreigners with the opportunity to receive residency within weeks when they invest anywhere from €250,000 to €450,000 on an approved project, plus a €100,000 government donation.
Whether it’s an apartment in a 5 star ski resort on Mt Bjelasica or a condo at Boka Place, set within the world-class marina, Porto Montenegro, these investment properties are freehold and turn-key, giving investors the ability to generate rental income with onsite property management, and project property value returns of 10-15%*.
We’re living in a time when the demand for the freedoms and the opportunities available for expats and dual passport holders has never been more strongly felt around the world.
Through the Montenegro Citzenship by Investment program, residency and a passport can be ready within 3 months, without the need for a language test or an interview. In addition, this opportunity provides citizenship for an entire family of 4 upon application.
