PR92330

LONDON, October 19, 2021, /PRNewswire=KYODO JBN/--

   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