Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, October 19 2021 - 20:00
AsiaNet
US Tech Innovators Choose Montenegro Citizenship by Investment Program for Domicile Diversification
LONDON, October 19, 2021, /PRNewswire-AsiaNet/--

   Henley & Partners [https://www.henleyglobal.com/ ] is reporting a sharp rise 
in interest in the Montenegro Citizenship by Investment Program 
[https://www.henleyglobal.com/citizenship-investment/montenegro ], with a flood 
of applications from dynamic, successful US citizens, most of whom are 
high-powered Generation Xers. The leading international residence and 
citizenship advisory firm is one of only three government appointed marketing 
agents for Montenegro's highly sought-after citizenship program, which is due 
to close at the end of this year. 

   Rade Ljumovic [ https://www.henleyglobal.com/about/key-people/rade-ljumovic 
], Managing Partner at Henley & Partners in Montenegro, says high-net-worth 
investors are drawn to Montenegro for multiple reasons. "Over and above the 
mild Mediterranean climate and abundant beauty, investors see significant 
opportunities in Montenegro — one of the fastest-growing Balkan economies. We 
are receiving applications from leading US innovators in the tech sphere, whose 
real estate investment is just the start — all are fully aware that Montenegro 
is focused on boosting digital innovation. There are no restrictions on foreign 
ownership and Montenegro offers one of Europe's most favorable tax regimes. In 
addition to all the usual benefits of an additional citizenship, the property 
boom means that investors are likely to see excellent returns on their real 
estate investment."

   US citizens are aware of growing need for diversifying their citizenship 
portfolios, says Mehdi Kadiri 
[https://www.henleyglobal.com/about/key-people/mehdi-kadiri ], Managing Partner 
and Head of North America at Henley & Partners. "The shock waves of 
Covid-19-driven volatility throughout 2021 have seen more entrepreneurs 
building diversified domicile portfolios through investing in residence 
[https://www.henleyglobal.com/residence-investment ] and citizenship by 
investment [https://www.henleyglobal.com/citizenship-investment ] programs, 
such as Montenegro's attractive offering. The primary aim is to overcome the 
limitations and associated risks of being restricted to a single jurisdiction. 
With its ease of access to major EU metropolises, investors see Montenegro as 
an ideal, well-priced gateway to Europe and the associated networking and 
business opportunities throughout the region." 

   Applicants to the Montenegro Citizenship-by-Investment Program 
[https://www.henleyglobal.com/citizenship-investment/montenegro] need to make a 
minimum financial contribution of EUR 350,000 (investment of EUR 250,000 and a 
donation of EUR 100,000 to the country), and in exchange, and subject to a 
stringent vetting and due diligence process including thorough background 
checks, they and their families are granted Montenegrin citizenship within 
three to five months. 

   Montenegro's passport consistently ranks in the top 50 worldwide. Currently 
it sits in 48th position on the Henley Passport Index 
[https://www.henleyglobal.com/passport-index ], with its holders enjoying 
visa-free or visa-on-arrival access to 123 destinations worldwide, including 
the countries in Europe's Schengen Area as well as Hong Kong, Russia, 
Singapore, Turkey, and the UAE. In addition to being a NATO member, Montenegro 
is a recognized candidate for future membership of the EU, with the 
government's chief negotiator, Zorka Kordic, recently giving 2024 as the target 
timeline for Montenegrin accession.

   Read the Full Media Statement 
[https://www.henleyglobal.com/newsroom/press-releases/tech-innovators-choose-mon
tenegro-citizenship ]

   SOURCE: Henley & Partners

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