In the last decade or so, Pakistan has experienced a high increase in-demand from high net worth individuals to look for greater freedom of mobility, secure investment opportunities and access to healthcare facilities for them and their families, outside Pakistan.
Quite recently, Porto Montenegro, one of the largest international developers in Montenegro introduced the people of Pakistan an exciting opportunity to invest in the real estate and benefit from opportunity to gain Montenegro’s Citizenship by Investment (via CBI).
Here are our top 5 reasons why a Montenegrin passport should be every Pakistani’s first choice looking to invest in a second passport:
1. Having your own dream home in a breathtaking holiday destination
Encircled by mountains, Montenegro offers a safe haven, with protected harbours, sheltered towns and sights of unspoilt natural beauty. Its distinctive, rocky coastline hides away the UNESCO protected Boka Bay, home to Porto Montenegro, and many of the Adriatic's secret coves, secluded beaches and friendly, welcoming locals.
Montenegro is indeed breathtakingly beautiful. This holiday destination is becoming exceptionally popular as it provides jaw-dropping landscapes and immense beauty and diversity across its entire territory combining an enriching cultural and lifestyle experience.
2. Great investment opportunity in one of the fastest growing tourism economies
As one of the fastest-growing tourism economies in the world and member of the NATO alliance, the guarantee of Montenegrin citizenship offers a safe and secure investment, with global access opportunities from the heart of the Mediterranean.
Joining the number one luxury destination in the Adriatic, Porto Montenegro’s newest neighbourhood, Boka Place, became the country’s first coastal development to qualify for the Citizenship by Investment Programme, offering a fast-track to citizenship for qualified investors and a wealth of associated benefits from just 450 thousand Euros.
Montenegro’s favourable economic and political climate provides a solid investment opportunity, grounded by economic stability. The country’s impending EU candidacy demonstrates on-going government commitment to both internal and international security and stability, resulting in tangible ROI for buyers.
3. Holding a Montenegrin Passport means Visa Free Travel to over 124 Countries
As a limited-time opportunity, the programme provides a priceless investment for the entire family and a host of additional benefits in the pipeline, with the country’s planned EU accession by 2025 making Montenegro a strategically located gem in the heart of the Mediterranean and one of the best-connected luxury communities in the world.
Alongside a qualifying real estate purchase, investors are required to make a government fund contribution of 100 thousand Euros, alongside processing, application and due diligence fees. In return, ranked 34th in the world for mobility, a Montenegrin passport allows visa-free travel to 124 countries including the Schengen area, no restrictions on foreign ownership and access to one of the most favourable tax economies in Europe, with ease of business and access to international markets.
4. The Ultimate Urban Living Concept
The Boka Place development is designed to offer the best in urban living, with light, airy and open-plan homes in a hotel operated by Kerzner International. Buyers may secure single or multiple investments, choosing from one of 144 studios, 1-, 2- and 3-bedroom designer properties and a comprehensive rental management programme. With hassle-free ownership at a starting price of 190 thousand Euros, Boka Place provides a convenient and affordable opportunity for property ownership on the Adriatic.
5. Fast processing of applications and a citizenship for the entire family
With a total processing time of 6 months from enrolment and an average processing time of 3 months, the Citizenship by Investment Programme accommodates remote applications, with no relocation or language requirements, obligatory interviews or renunciation of existing citizenship.
For those relocating with the entire family, Montenegro promises a safe, child- and family-friendly environment and inclusive community, with a wealth of natural and cultural treasures. Coupled with its spectacular scenery, Montenegro perfectly accommodates healthy and active lifestyles, whilst preserving its reputation as a trending destination for new businesses and entrepreneurs.
In the beginning of this year, the first homebuyers have received their Montenegrin passports and official citizenship certificates. This marked an important milestone of an exciting journey through Montenegrin Citizenship by Investment and the developer has seen interest from worldwide investors increase. With programme set to expire at the end of 2022, there is a limited-time opportunity to gain citizenship in one of the most spectacular countries in Europe. Apart from being an eligible and credible developer for the real estate purchase, Porto Montenegro works with trusted and government-approved law firms to help support citizenship applications. To learn more and enquire visit www.bokaplace.com or www.montenegrocbi.com and contact bokaplace@portomontenegro.com.
Message from the team at Porto Montenegro
“Living and working in this stunning country, the benefits are obvious to me” – states South African native Brennon Nicholas, Sales and Marketing Director at Porto Montenegro. “I’m always interested to hear from our clients and investors about what motivated them to choose Montenegro. Several factors are almost always highlighted; the extremely low personal and corporate tax rates, capped at just 9%, the central-Europe location, the safety of the Euro currency and the outstanding natural beauty of this magnificent destination."