pearl of balcans
Montenegro is neighbors with Serbia in the north, the Adriatic Sea in the south and Croatia in the west. The official languages spoken are Montenegrin and Serbian. The Montenegro government has declared its independence as they left The Serbia and Montenegro Federation in 2006 by holding a referendum. In 2008 the country initiated the Europen Union membership process and is expected to result in positive making Montenegro a full European Union member by 2021.
The central location of Montenegro enables the country to be reached within 1-2 hours flight from most European cities, it also accesses the perfect sea routes to get connected with the rest of the world. Besides the accessibility comfort, the location also allows the country to have a very appealing landscape full of stunning views such as the sea, mountains, lakes, islands and canyons.
Montenegro has been using the Euro currency since 2001 and the economic growth declared to be an average of 3.4% since 2004. With many investment opportunities, Montenegro has an income tax rate of 9% and offers low rate advantages for new investing companies. Also, the same rights and terms are applied for companies held by Montenegro citizens and for foreign-held companies. Tourism and real estate are in the top industries and have indicated a large development drawing around 3.5 billion Euros to the economy in recent years.
KOTOR -TIVAT REGION
The Tivat area has become one of the most popular destinations for high-profile tourists and celebrities with its world-famous Marina Porto Montenegro. On the other hand, the extension of the Tivat International Airport, which is the second international airport of Montenegro, will lead to a significant increase in flight quantity from many Europian cities. Pegasus Airlines is also planning to start direct flights from Istanbul to Tivat by June 2018. There are multi-billion Euros infrastructure and hospitality investments in the region. Our Project is also only 1 hour away from International Dubrovnik airport.
In Schengen countries, there are minimum investment amounts in real estate in order to get a residence permit. The most affordable investment amount to get a residence permit in one of the Schengen countries is currently €250,000. As the closest candidate to the EU, Montenegro provides the opportunity of getting a residence permit without a minimum investment limit. A Residence permit also covers the applicants’ spouses and their children under 18 years of age.
LIVING IN EUROPE
Montenegro is a politically stable country that is already a member of the EN, NATO, WTO, OECD, Council of Europe and Mediterranean Union and soon-to-be EU. Besides its well-functioning health system overall, the country has fully-fledged public and private hospitals in every city. There are many public and private schools that have a global reputation and opportunity. Montenegro has also been providing pre-university education for children of immigrant families for twelve years.