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Beauty in the Heart of the World

17.11.20

Montenegro’s real estate market is ahead of the curve for a country of its size – in addition to its popular Residency by Investment incentive, this small Adriatic gem is now also offering a limited number of passports to individuals that meet the investment threshold for Citizenship by Investment - thus becoming locals in this extraordinary Mediterranean nation.

In the heart of the world

I vividly remember my grandfather's wise words about Montenegro being the epicentre of global interest. He would begin by pointing out the privileges of being blessed with an amazing climate, dramatic and diverse landscape, plentiful biodiversity, fauna and flora, pristine nature, clear water and fresh air. He would then cross his hands over an old Atlas map framed on the wall, sigh with approval and say:

"See, we are in the centre of the world".

Indeed – the country may be small, but its riches are great – and this is one of the reasons why Montenegro draws global attention from travellers, investors and international media alike - so much so, that Forbes claimed Montenegro as "the new magnet for people seeking picturesque villas on the Mediterranean.”

Thriving investment hub

Recently trending are investments in luxury coastal projects and resorts and a number of international waterfront developments, particularly in the Bay of Kotor region, totalling close to 5 billion Euros. Their number is a testament to Montenegro's growing popularity among investors and those looking to make the country their home.

This thriving region was the inspiration for Porto Montenegro's newest development, Boka Place - our new urban-inspired neighbourhood – and with so much going on in this part of the country – it marks only the new chapter of onward expansion in the international real estate market for Montenegro.

Become a citizen

Following the success of its Renewable Residency by Investment incentive, as a part of Government efforts to increase economic activity and attract foreign direct investment, the country has adopted the Citizenship by Investment programme, enabling qualifying investors and their families to obtain Montenegrin citizenship in exchange for investment in the country's infrastructure and real estate.

The programme is limited in its duration and to just 2,000 applicants, offering buyers an exclusive opportunity to invest in a country of endless possibility and gain foothold in Europe.

How to invest

To qualify for the scheme, investors are required to make a €100,000 donation to a Montenegrin Government development fund, established to support infrastructure across the country, alongside a government-approved property purchase in the value of €450,000+ for coastal developments.

Boka Place – Porto Montenegro’s newest neighbourhood

Following the trending interest in Montenegrin residency from its clientele, Porto Montenegro has expanded its offering in 2020 to extend the citizenship opportunity to buyers within its new neighbourhood, Boka Place. As it stands, Serviced Residences within Boka Place will operate under the hotel from Kerzner International portfolio, and are endorsed properties for the Citizenship Programme.

Buying a Serviced Residence at Boka Place provides a rare and an exciting opportunity and legacy investment for entire families, as well as free movement across 123 countries globally. What’s more, with the country’s planned EU accession by 2025, passport holders will become eligible for a host of additional benefits and undoubtedly bright future.

Why choose Montenegro?

  • Strategic location in the heart of Europe
  • Economic stability and Euro currency safety
  • NATO member and a strong EU candidate
  • Thriving tourism and real estate markets
  • Highly competitive property prices
  • Favourable tax economy
  • National treatment of international investors
  • Low barriers to entry for new businesses
  • Quick and easy company registration
  • Bilateral taxation agreements
  • Low living and energy costs

Register your interest here: https://portomontenegro.com/

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