The Golden Visa Hotspot – Montenegro is the Number One Choice

According to a specialist immigration and relocation provider, Montenegro tops the list for those looking to invest abroad via the Golden Visa Scheme, closely followed by Switzerland and Portugal. The golden visa scheme, introduced more recently in Montenegro than other countries encourages foreign investment through property ownership, and gives the individual access to certain benefits such as visa free travel & favourable tax rates. Fuelled by the complications and realisations of Brexit, demand has increased dramatically from British Buyers, who now qualify under the scheme given the UK left the EU at the end of 2020, and whereas the cost of investment in other countries starts around €400,000, in some areas of Montenegro it’s as little as €250,000. Applying for the scheme in Montenegro is extremely beneficial whether it’s for residential purposes or for Business purposes, as it will give you a passport to a potential future EU member (they are hoping to join in 2025), plus visa free travel to 124 countries including the Schengen area, Russia & Turkey, plus, there are very favourable tax rates including 9% capital gains tax, 9% corporate income tax and 0% inheritance & pension tax. There is also a very low property purchase tax rate which is 3% for a re-sale or 0% for a government approved new build development. Given that Montenegro is one of the world’s most beautiful countries, that it’s now widely considered as the upcoming destination of 2021, and that property prices here are still relatively low it comes as little surprise that more and more people are turning to Montenegro, and long may that continue! If you are looking to apply for a Golden Visa via the Citizenship By Investment program then you can visit our page here for further information: https://cmm-montenegro.com/montenegro-citizenship-by-investment/ or you can contact one of the team directly, and we’d be more than happy to discuss the situation with you. Thanks to Cristian Angeloni for the original article: https://international-adviser.com/montenegro-tops-golden-visa-hotspot-list/

11.02.2021