Bojana Minic September 2018

Transcription

1 An International Company taking care of your business in Montenegro since the year of independence Bojana Minic September 2018

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3 COUNTRY PROFILE POPULATION 642,550 GDP (per capital) 17,400USD VISA FREE COUNTRIES 117 TIME ZONE CEST UTC/GMT +2 hours LOCATION: South Eastern Europe CAPITAL: Podgorica TOTAL AREA: 13,812sq.km CURRENCY: Euro GOVERNMENT TYPE: Parliamentary Republic RELIGIONS Orthodox 72.1%, Muslim 19.1%, Catholic 3.4%, atheist 1.2% LANGUAGE Serbian 42.9%, Montenegrin (official) 37%, Bosnian 5.3%, Albanian 5.3%, Serbo-Croat 2%

4 PASSPORT RANK 36 ACCORDING TO

5 POLITICAL ASPECTS STABILITY Independent since 2006, its political class is organized and forward looking, with a deep openness to religious respect and harmony. GROWTH Major global investors have been present since 2006 enabling steady and cautious growth. SECURITY Montenegrins consider themselves more of a family than a nation, ensuring one another's safety, civility and respect. LEGACY Illyrian tribes originally settled this hidden gem surrounded by dark mountains and luscious green vegetation over 2000 years ago. QUALITY Focused on creating a state-of-the-art destination, designed and built according to the highest quality standards to cater to families and friends EXPERIENCE Local Montenegrins and a team of international professionals continue to work side by side to welcome guests, catering to their every need..

6 FOREIGN DIRECT INVESTMENTS ECONOMIC OUTLOOK

7 CORPORATE TAX 9% PERSONAL INCOME TAX 9% TAX REGIME VAT 21% PROPERTY TAX 0,1 1% REAL ESTATE TRANSFER TAX 3% 40+ DOUBLE TAXATION TREATIES

8 ONGOING KEY INVESTMENT PROJECTS

9 PORTO MONTENEGRO 400 million LUSTICA BAY 1.1billion PORTO NOVI 500million

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13 DEVELOPMENT & INFRASTRUCTURE

14 MOTORWAY 1.1 billion THERMAL POWER PLANT IN PLJEVLJA 380 million SUBMARINE POWER CABLE BETWEEN MONTENEGRO AND ITALY

15 MONTENEGRO AS A KEY DESTINATION FOR INVESTORS

16 AND A NEW HOME FOR GLOBAL CITIZENS

17 A ROAD TO ECONOMIC CITIZENSHIP PROGRAM OCTOBER 2018 Program officially starts NOVEMBER 2017 Montenegro announced tender for implementation of special Investor program SEPTEMBER 2018 The official program announcement published and procedural things finalized

18 STARTING DATE 1 st OCTOBER 2018 ABOUT THE PROGRAM DURATION 3 YEARS APPLICANTS QUOTA 2000 APPLICANTS

19 ENERGY PRIORITY SECTORS TOURISM AGRICULTURE

20 ECONOMIC GROWTH Predicted growth in % FAVORABLE INVESTMENT CLIMATE Real estate market in Montenegro is at early stage which makes it attractive to investors. Development projects such as super-yacht marina Porto Montenegro influence the other Investors to start various multi-million investment projects, BENEFITS FOR YOU MOBILITY RIGHTS Montenegrin passport means visa-free travel, or visa on arrival, to 117 countries, the Schengen Area included. FAVORABLE TAX RATES The corporate income tax is only 9%, and personal income tax 9% incl. world-wide income COMFORTABLE LIFE A enjoyable climate, affordable prices, healthy environment and road to EU membership are beneficial for families and set Montenegro on the European map as a second-home to many. SAFETY Becoming a NATO member means for the investor and his family social and political stability at his second-home

21 NEW FUNDS WILL BENEFIT EXISTING ECONOMY A UNIQUE HUMAN CAPITAL WILL BE ATTRACTED NEW BUSINESSES WILL DEVELOP BENEFITS FOR THE COUNTRY DEVELOPMENT OF NORTH REGION

22 FAST PROCEDURE FOR VISA WITHIN 3 WEEKS APPROVAL OF CITIZENSHIP WITHIN 6 MONTHS BENEFITS OF THE PROGRAM NO LANGUAGE REQUIREMENTS NO MILITARY SERVICE REQUIRED NO OBLIGATION TO GIVE UP ON CURRENT NATIONALITY NATO MEMBER CANDIDATE COUNTRY EU 2025 VISA FREE ACCESS TO 117 NATIONS

23 INVESTMENT QUALIFICATIONS INVESTMENT IN STRATEGIC DEVELOPMENT PROJECTS, PREVIOUSLY APPROVED BY THE GOVERNMENT, IN THE UNDEREDEVELOPED REGIONS OR INVESTMENT IN STRATEGIC DEVELOPMENT PROJECTS, PREVIOUSLY APPROVED BY THE GOVERNMENT, IN THE DEVELOPED REGIONS

24 ADDITIONALLY GOVERNMENTAL FEE FOR EVERY SUBMITTED APPLICATION

25 BE A NON-EU CITIZEN ADDITIONAL CRITERIA POSSESS A VALID PASSPORT PROVIDE DOCUMENTS SUPPORTING THE SOURCE AND ORIGIN OF INVESTED FUNDS HOLD NO CRIMINAL RECORD ATTEST THE POWER OF ATTORNEYS AND THE INVESTMENT AGREEMENT

26 POTENTIAL PRE-APPROVED INVESTMENT OPPORTUNITIES

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28 PORTO MONTENEGRO LUSTICA BAY PORTO NOVI SOHO CITY PLAVI HORIZONTI QATARI DIAR KOLASIN 1600 PORTO SKADAR LAKE PUNTA MIMOSA

29 THANK YOU!

30 FOLLOW US

31 MONTENEGRO AN INTERNATIONAL COMPANY TAKING CARE OF YOUR BUSINESS IN MONTENEGRO SINCE THE YEAR OF INDEPENDENCE SUPERB CUSTOMER SERVICE DEEP KNOWLEDGE OF THE MARKET EXPERTS IN MARKET ENTRY IMMIGRATION LAW EXPERTS ONE-STOP SHOP FULL RANGE OF SERVICES GET IN TOUCH

32 EUROFAST GLOBAL ABOUT Eurofast is a regional business advisory organisation employing local advisors in over 21 cities in South East Europe & Middle East (SEEME). The Organization is uniquely positioned as one stop shop for investors and companies looking professional services in South East Europe & Middle East., Erbil, Moscow, Kiev and Tehran. Our team of advisors are capable of efficiently addressing all client needs in one single meeting, using one single language for all the countries in the Region. EUROFAST MONTENEGRO Eurofast is a member of Eurofast Global Group and is present in Montenegro since the year of its independence Eurofast is recognized on Montenegrin market as a leading consulting company with a deep knowledge of the market and quality services provider. It is as well recognized as an expert in investment and immigration procedures.

33 LOCATIONS: WHERE CAN YOU FIND US? Lefkosia Athens Thessaloniki Sofia Bucharest Belgrade Tirana Skopje Pristina Banja Luka/ Sarajevo Zagreb Cairo/ Alexandria Podgorica Kiev Moscow Tbilisi Beirut Erbil

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