"Buy" Montenegrin passport will be easier?
This is an automatic translation.
Click here to read the publication in the original language.
"Buy" Montenegrin passport will be easier?
The project of "economic citizenship" was adopted by the Government of Montenegro. Official confirmation of the information has not yet been received, but some media cite separate statements by representatives of various departments on the benefits of attracting foreign capital to improve the economic status of the regions (in particular, it concerns the north of Montenegro).
The Council of Foreign Investors of the Chamber of Commerce and Industry of Montenegro considers this initiative to be useful, but insists on maximum concretization and thorough elaboration of all the criteria for the idea before the project is launched.
The Ministry of Tourism of Montenegro also spoke positively about such support of foreign investors. The representative of the Ministry believes that this will open new prospects for Montenegro in the tourism industry and create a large volume of high-level jobs, but it is necessary to approach the development of the concept objectively and, following the European experience, to announce a tender for a better strategy for appropriating economic citizenship.
Officially, this information can be considered only as a rumor, because the data on the start of the project are not made public.
Recall that the actual implementation of the concept of economic citizenship has already begun in 2010. The program extends to individuals who invested more than half a million euros in the economy of Montenegro, but the details did not come to detail - many inaccuracies and discrepancies create difficulties for candidates and weed out a significant percentage of potential investors.
By creating a clearer and more transparent scheme for economic citizenship, the Government of Montenegro hopes to stimulate the flow of foreign capital into the country's economy. However, all politicians and experts say about the necessity of thorough checks of candidates without exception. It is possible that even this process will require the creation of special control commissions, because there are already "new Montenegrins" who have very bad fame in their countries.
Members of the Chamber of Commerce also noted that there are a number of countries, candidates from which you can assign citizenship almost automatically, without such intermediate procedures as residence permits, etc .. This is the United States, Britain, Austria, Spain, Singapore and others.
Another benefit of economic citizenship The Government of Montenegro considers the possibility of reducing the state debt of the country, whose size is now close to critical.
This is an automatic translation.
Click here to read the publication in the original language.
