Beautiful and inexpensive, Montenegro has been increasingly “discovered” by Europeans and citizens of the rest of the world.
In 2019, right before COVID hit, the number of tourists there doubled when compared to six years prior -- an astounding increase by international standards.
And while an occasional visit to the UNESCO-designated Bay of Kotor can indeed be very rewarding, we think planting more flags in the country can make a lot of sense too.
Retirees, location-independent employees and business owners should all put Montenegro on their shortlist of countries to consider for relocation.
Montenegro ticks several important boxes:
It is exceptionally tax-friendly (flat 9% tax on most types of income).
It boasts a low cost of living -- about a third cheaper than neighboring Croatia.
It features beautiful scenery that impressed Lord Byron himself 200 years ago.
It offers a mild Mediterranean climate.
It is quickly developing its tourism amenities and infrastructure.
And the country is well on its way to join the European Union, potentially by as early as 2025.
And most importantly, Montenegro allows you to become a citizen near-instantly through its Citizenship by Investment (CBI) program.
You can lock in all these benefits by becoming a citizen there.
But you need to hurry: The government recently confirmed that the program will be shut down at the end of 2022. So if you’re considering applying, there is no time left to procrastinate.
If you think you might be interested in becoming a Montenegrin citizen, review this report to learn more about the program’s details and how you and your family can benefit.
We have mentioned Montenegro on the pages of Sovereign Man quite a few times before, because it ticks several important Plan B boxes:It is exceptionally tax-friendly (flat 9% tax on most types of income).It boasts a low cost of living – about a third cheaper than neighboring Croatia.It features beautiful scenery that impressed Lord Byron…