Arton Capital (https://www.artoncapital.com/ ), one of the world's leading 
citizenship and residency advisory firms, has been appointed Authorized Partner 
for Montenegro's new Citizenship by Investment Program (CIP) 
(https://www.artoncapital.com/global-citizen-programs/montenegro/ ). 

After a thorough and transparent tender process, which saw applications by 22 
different entities, the government today has announced the final 3 winners.

"We are honored to have been appointed as one of the Authorized Partners in 
Montenegro's Citizenship by Investment Program," said Armand Arton, Founder and 
President of Arton Capital. 

"Montenegro has raised the industry standard through the transparency of their 
process in line with the latest recommendations of the European Union, which 
suggested greater regulation of industry stakeholders. The CIP will stimulate 
the construction of a number of luxury developments within Montenegro, 
particularly in the north of the country, a region with a higher than average 
unemployment rate."

Montenegro's CIP, which launched at the beginning of this year, is one of the 
most sought after in the industry, available for up to 2,000 applicants from 
non-EU countries, for an initial period of three years.

The investment requirements for Montenegro's CIP are as follows:

    -- EUR 100,000 in the form of a Government Fund Donation, and 
    -- EUR 250,000 investment in approved real estate in an undeveloped region 
       (north of the country), or 
    -- EUR 450,000 investment in approved real estate in a developed region 
       (south of the country).

With a starting investment of EUR 350,000, Montenegro's program will prove to 
be one of the most competitive in Europe. What makes the program even more 
attractive is its application efficiency, which allows permanent residence 
status first, and then citizenship granted within a period of six months as 
permanent residents.

The Montenegrin passport is currently ranked 36th in the world by The Passport 
Index (https://www.passportindex.org/?country=me ), allowing citizens visa-free 
travel to 118 countries, and is expected to grow significantly following EU 
accession.

A NATO member, Montenegro is on the agenda for future enlargement of the 
European Union by 2025. It already uses the euro as its currency and is in the 
process of integrating EU legislation into national law.

According to the World Bank, Montenegro is one of the fastest growing economies 
in Europe and is quickly becoming a key destination for some of the most 
important industries around the world due to its strategic position. As a young 
state, it truly offers a unique potential for investors seeking mobility, 
safety, security, opportunity, and increased quality of life.

With this mandate from Montenegro Arton Capital becomes the most trusted 
partner in the industry to 11 governments, including Canada, Bulgaria, Hungary, 
Cyprus, Antigua and Barbuda, Dominica, Grenada, Saint Lucia, Saint Kitts and 
Nevis, Anguilla, Armenia, and the Solomon Islands.

About Arton Capital

Arton Capital empowers individuals and families to become Global Citizens by 
investing in a second residency or citizenship around the world. 

As a global financial advisory firm, specializing in investor programs for 
residence and citizenship Arton plays a critical role in helping governments, 
industry professionals and investors meet their goals quickly, efficiently and 
more effectively. 

Arton's global operations are spread in over 15 offices around the world and 
have helped attract over US $4 billion in foreign direct investment to 
countries. Arton Capital is a member of The Arton Group, which comprises of 
fully licensed international banking, financial advisory and investment 
consulting companies tailored to the needs of Global Citizens.

For further information: Media Contacts, Mr. Rupert Wright, Chairman, 
Ashbright, T +44 7557 371908, rw@ashbright.com

SOURCE Arton Capital