Friday, May 17, 2024

Montenegro citizenship program available latest by mid-November

The Prime Minister of Montenegro Duško Marković announced today the Montenego citizenship by investment program will be available to investors in october or latest  by mid-november. During his speech he also said Montenegro has ambitions to become the most prestigious tourist destination in the North Mediterranean through economic citizenship program.

The Prime Minister DuÅ¡ko Marković took part in the Concordia Summit in New York today in a panel called “Supporting Economic Resilience of Small Islands and Developing Countries Through Economic Citizenship.” On that occasion, Prime Minister Marković said that he is grateful for the invitation to participate in this prestigious gathering and speak about Montenegro’s development visions and plans to turn them into reality.

As he pointed out, Montenegro has had a state-generated history for more than a thousand years. Due to a number of different political circumstances, it lost its statehood in 1918 and restored it in 2006.

“Today we are a European and a Euro-Atlantic country. We have the ambition to become the most developed country and the most prestigious destination in the North Mediterranean. Last year we became a full member of NATO and we have been negotiating with the European Union on membership for six years now. Therefore, our vision of a European and Euro-Atlantic country is being realised. But we want to make our country rich, make it a more developed country where we live happier and more satisfied lives.”

Speaking about the programme of economic citizenship, the Prime Minister stated that Montenegro has experienced one of the highest growth rates in Europe for the second year in a row, while the share of tourism in GDP is over 22%.

“By introducing the programme of economic citizenship, we want to position Montenegro as the most prestigious tourist destination in the North Mediterranean. We want to transform our resources, with private money, into the potential for the country. We want to focus public money and state funds on strengthening our financial potential and stability. Thus, economic citizenship programme will help invest in projects that have started, develop our infrastructure, thus creating new jobs and making our beautiful country accessible to wealthy citizens from all around the world. They are present in Montenegro at the moment. But we want them to stay in Montenegro and bring some new ones with them,” said Prime Minister Marković, hopeful that the model of economic citizenship will be promoted and available to all who want to start and develop their business and live in Montenegro in October or at the latest by mid-November.

“Also, ten years ago, a few people could think that Montenegro would sit around the same political table with the largest countries of the world on an equal basis,” PM Marković noted.

He concluded by saying that in Montenegro there are prestigious hotels operating such as: Aman, Marriott, Ritz-Carlton, Chedi, Regent, the richest people visit the country and the most famous magazines and portals rank it among the most prestigious destination in the world.

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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