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Montenegro tops golden visa hotspot list

sharePosted date: 05 Mar 2021
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Many wealthy individuals are turning to citizenship-by-investment (CBI) and residency-by-investment schemes to secure a second passport as the effects of Brexit become a reality. According to investment immigration and relocator provider Astons, Montenegro, Switzerland and Portugal are currently top of the list when investors look to apply for a golden visa. This is due to the close link between CBIs and the property market, especially considering that many programmes require investments in their country’s real estate sector.

Astons explained that Montenegro’s citizenship-by-property scheme requires a contribution of at least €250,000 in the north of the country and €450,000 (£400,000, $546,000) in the southern region. According to the firm’s analysis, many countries offering golden visas with property investment requirements have stepped up the construction of residential homes. Montenegro tops the ranking so far with 36% of new builds put up for sale, followed by Switzerland (21%); Portugal (19%); Spain (17%) and Turkey (16%).

 

Reference Link: https://international-adviser.com/montenegro-tops-golden-visa-hotspot-list/

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