A home under the Adriatic sun

Montenegro is a haven for those looking to relocate to its spectacular shores. The country provides a safe, child- and family-friendly environment, an inclusive community and a wealth of natural and cultural treasures. Coupled with its spectacular scenery, Montenegro perfectly accommodates healthy and active lifestyles.

Alongside its lifestyle perks, Montenegro is a trending destination for new businesses and entrepreneurs, allowing them to benefit from low taxation, simple regulations and the stability of the EURO currency.

From its strategic location, advantageous climate and ecology, to its friendly locals, Montenegro offers safe living, favourable working conditions as well as low consumer price index, generous taxation policy and ease of doing business – this small European nation really packs a punch.

Montenegro highlights

  • An on-the-rise European destination
  • One of the fastest growing economies in the Balkans
  • Increased tourist arrivals - predicted pre-COVID increase of 5.5% per annum
  • Favourable visa regime & attractive taxation
  • Proximity to three international airports
  • Excellent air links with European destinations and beyond
  • EU Candidate country

 

Montenegro Citizenship Programme

  • Montenegro’s Citizenship by Investment programme offers a fast-track to citizenship for qualified investors and a wealth of associated benefits to successful applicants.
  • 3 weeks to residency
  • 3 months avg. processing time
  • 6 months to citizenship
  • Visa-free travel to 124 countries
  • Limited-time opportunity, open until December 31st 2021

 

Porto Montenegro

Owned and developed by the Investment Corporation of Dubai, Porto Montenegro stands out as one of the most exclusive luxury residential villages in Montenegro, alongside its award-winning superyacht marina and continuously evolving investment and destination benefits.

The development’s newest residential neighbourhood, Boka Place, presents a next-level investment opportunity in the Porto Montenegro repertoire. Within Boka Place is a selection of private and hotel-managed residences available for purchase, with the latter qualifying under the country’s Citizenship by Investment programme to buyers who meet the investment threshold of 450,000 EUR. The construction of Boka Place is underway, with completion due by 2023.

  • UNESCO-protected Bay of Kotor location
  • Flagship development and lifestyle destination
  • World-class, full-service 450-berth marina and luxury residential village
  • Thriving international community
  • Premium real estate for sale and rental
  • New development offering Citizenship by Investment - Boka Place
  • Access to Mediterranean cruising grounds, the Croatian archipelago and Greek islands
  • Owned by the Investment Corporation of Dubai (ICD) whose portfolio includes Emirates, One&Only Resorts and Emaar Properties
  • Year-round calendar of international events

 

Investment Requirements

In order to qualify for Montenegrin Citizenship by Investment, applicants must be able to meet the following financial and investment criteria:

  1. Costs of the procedure and obligations towards the intermediary agent
  2. A non-refundable contribution of 100,000 EUR to a Government fund, deposited to an Escrow account
  3. An Escrow account deposit of at least 450,000 EUR towards the investment of qualifying real estate at Boka Place at Porto Montenegro, the country’s first eligible project in the coastal region;
  4. Compulsory background checks and due diligence processes

 

Why Invest in Montenegro

Montenegro’s favourable economic and political climate provides a solid investment opportunity, grounded by economic stability, with the Euro as the official currency. The country’s recent accession to NATO and impending EU candidacy demonstrates the ongoing government commitment to both internal and international security and stability. Investing in Montenegro promises:

  • Ownership - Tangible investment in a real estate project ensuring property ownership and ROI
  • Transparency - A non-refundable financial contribution to the Government of Montenegro intended to boost country’s economy and develop infrastructure
  • Stable partnerships - Montenegro is a member of the NATO Alliance, European Monetary Union, OSCE and the WTO
  • EU candidacy -  An official candidate, Montenegro is on the path to EU membership by 2025
  • Strategic location - Visa-free and visa-on-arrival access to 124 destinations, including Europe’s Schengen Area, Russia, Turkey and UAE
  • Favourable tax and business climate - One of the most attractive tax policies in Europe and flexible approach to international investors, with ease of business and access to Russian markets
  • Simple process - A quick and hassle-free 6-months to citizenship process that accommodates remote applications
  • Reasonable requirements - No relocation and language requirements, obligatory interviews or requirements to renounce existing nationality
  • Minimal risk - Investment is made only upon approval of citizenship
  • Stability for the family - A single application for the main applicant can be extended to all qualifying family members, including parents and dependents.

 

Further info

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About Montenegro

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Citizenship

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Explore Montenegro

Nature

Nature

Montenegro’s natural beauty is both impressive and inspiring. The entire city of Kotor is listed as a UNESCO World Heritage Site and has been cited as one big open-air museum. The National Park, Skadar Lake, with an area of 475 km², is known for its unique flora and fauna, with over 282 species of birds and 38 species of fish. In addition, it is home to the "curly pelican" - the only species of surviving pelicans in the whole of Europe.

Outdoor Activities

Outdoor Activities

Montenegro offers outdoor enthusiast plenty of options. From relaxed beach days to the ultimate adrenaline boosting activities, all set in the most exquisite surrounds. During summer outdoor enthusiasts enjoy rafting, biking, kitesurfing, kayaking and canyoning, while the colder winter months are ideal for skiing.

Cuisine

Cuisine

Montenegro’s rich and diverse history has created some of the best traditional food.  All kinds of meat and fish are popular and most of the traditional food comes from organic farms. The average Montenegrin table consists of variations of meat – smoked and roasted, fresh cheese, milk infused delicacies, homemade bread, and pies, as well as the freshest vegetables and salads.

Entertainment

Entertainment

Montenegro enjoys entertaining, playing host to several events, ranging from big-name music concerts to the more traditional folkloric dance performances, as well as festivals and exhibitions. In summer, many beaches are used as open-air venues, while towns stage displays in and around old fortresses.

Living in Montenegro

Lifestyle

Spanning less than 1 4000km and with a little less than 690,000 inhabitants, Montenegro is one of the newest countries in the world having declared its independence from Serbia on 3rd June 2006. The picturesque coastline and striking scenery make Montenegro one of the most idyllic countries to call home, with an exceptional quality of life on offer. There is unique modern culture in play and is fast emerging as a luxury destination, being hailed as "the next French Riviera."

Climate

Montenegro's southern coastal belt enjoys a wonderful Mediterranean climate, with 280 sunny days a year. Temperatures vary between 5°C in the winter and a balmy 28°C during the summer. The central and northern regions have a continental climate, where the temperature varies depending on the altitude of the region.

Travel

Montenegro Airlines flies regularly from several European destinations throughout the year, with the added advantage of being a short flying time from most major capitals. Montenegro is also easily reached overland by rail, bus, or car. However, it has been said that the most romantic way to arrive in this breathtakingly beautiful state is by ferry from Italy.

Ownership of Real Estate

There are no restrictions on foreign ownership of real estate in Montenegro. A 21% VAT is applicable to the purchase of new real estate. Other fees include a notary charge for the Sale and Purchase Agreement, 0.44% annual property tax and 3% resale tax.

National & International Projects

Telephone: +27 21 762 2617

Adddress: Monterey, 12-14 Klaassens Rd, Bishopscourt, Southern Suburbs, 7708, Western Cape

Email: projects@pamgolding.co.za

For example Camps Bay or Mauritius