Why are investors interested in becoming citizens of Montenegro?

A residence permit or citizenship of another country for real estate investments is an interesting idea to everyone. But not every country is ready to provide such an opportunity. In Montenegro, a program that allows one to obtain a passport for the purchase of housing or a commercial real estate is valid until the end of this year. In this regard, many foreign investors have become more and more interested in the program.

Benefits of citizenship in Montenegro

Investors may want to obtain citizenship in Montenegro for various reasons:

• Favorable climate and friendly atmosphere. The local population is quite loyal to immigrants.
• Low taxes. The income tax in the country is only 9%.
• Good medical care.
• High quality of food, as well as its low cost.

As for the profitability of commercial properties, it is quite high here. In Montenegro, the resort period lasts almost 12 months - in winter one can ski in the mountains and swim in the sea in summer. This means that with the right approach, the investor can provide himself with passive income throughout the year. It is worth noting that the housing itself in the country is quite inexpensive. Considering that in 4 years Montenegro will become a member of the European Union, the prospect of obtaining its passport is very interesting.