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Henley & Partners - Delivering excellence for you and your family’s future
ABOUT HENLEY & PARTNERS
Henley & Partners is the global leader in residence and citizenship by investment. Each year, hundreds of wealthy individuals and their advisors rely on our expertise and experience in this area. The firm’s highly qualified professionals work together as one team in over 35 offices worldwide. The concept of residence and citizenship by investment was created by Henley & Partners in the 1990s. As globalization has expanded, residence and citizenship have become topics of significant interest among the increasing number of internationally mobile entrepreneurs and investors whom we proudly serve every day.
Henley & Partners established its office in Montenegro in 2018, with the aim of providing dedicated support to processing offices in Montreal, Cape Town, Dubai, Hong Kong (SAR China), London, Singapore, and Zurich, and to applicants interested in investing in Montenegro. The Montenegro office has grown to 10 employees, who have throughout the implementation of the Montenegrin Citizenship by Investment program, consistently and committedly worked on preparing and submitting applications to Montenegrin authorities alongside the support of Henley & Partners processing offices. Henley & Partners Montenegro is an official member of the Montenegrin Foreign Investors Council (MFIC) and AmCham Montenegro.
MONTENEGRIN CITIZENSHIP BY INVESTMENT PROGRAM
The Montenegro Citizenship by Investment Program was the most popular citizenship program among the Henley & Partners clientele in 2022. The potential contribution of the total 1,112 applications submitted over the three years of the program’s active implementation to the Montenegrin economy is approximately EUR 500 million. Approximately half of these applications were submitted by Henley & Partners Thanks to the program, intense construction of hotels and development of various projects is underway, particularly in the north of the country. Such projects would not have been realized without the program, and certainly not at the speed and dynamic now being witnessed.
A key marker of the program’s success is the caliber of its applicants: renowned names in the IT and tech sectors, finance, beauty and fashion industry, and medical professionals practicing at prestigious international clinics either are or will soon become Montenegrin citizens.
One of the program’s greatest strengths lies in its comprehensive due diligence. Before applications are submitted, potential applicants are subject to preliminary checks — first by intermediary agents such as Henley & Partners and then by local and international banks that are facilitating the investment procedure. After submission, as part of the government’s internal process, worldrenowned companies, specialized in this field, conduct the official procedure for checking the eligibility of candidates. Unique processes and rigorous evaluations such as these had never been implemented in Montenegro before at any level, and truly serve as a testament to the program’s strength and exclusivity.
2023 AND BEYOND
The program’s significant impact on Montenegro, both in terms of the country’s economy and the development it brought in several areas, has allowed the Henley & Partners to establish itself as an important feature in the Montenegrin and regional business landscape. In terms of Henley & Partners presence in the region, over and above its primary purpose, the firm’s Montenegro office also serves as a hub focused on promoting residence and citizenship investment programs across the globe, as well as investment migration-linked real estate, education, and concierge services to the many high-net-worth investors who visit the region. One such investor has already visited Montenegro and shared his impressions on the country, its investment climate and the program: ’During my visit to Montenegro this summer, I had the opportunity to personally see not only the natural beauty of your country but also the investment potential. I had the opportunity to meet with top Government officials, as well as decision-makers not only from the public sector but also from the investment and ICT industries. In direct and frank conversations with all of them, I saw that Montenegro presents exceptional investment opportunities. I am also familiar with Montenegro's Economic Citizenship Program, which is certainly in line with all of the above. The economic citizenship program not only contributes to the country's economy and financial stability, but it also makes Montenegro position itself on the global map making it visible to the world elite’.
LIFESTYLE REAL ESTATE
Over the past 15 years, local real estate practitioners have enjoyed watching Montenegro emerge as a key second home and property-investor market in the Mediterranean. The Montenegrin real estate market is still an emerging market with a great deal of potential for capital growth, and has a number of favorable benefits. Montenegro has low real estate tax rates, and it boasted a successful citizenship by investment program centered around new hotel developments, which were all helpful in the development and advancement of the real estate market in the country.
The Henley & Partners Montenegro office has built upon existing relationships with a variety of real estate developers to provide interested clients with a highly selective and carefully curated selection of properties in Montenegro. The options range from modern villas and quaint stone houses in Boka Bay, to chalets or penthouses in recently constructed luxury hotel resorts at the ski slopes in the northern mountainous region.
Ownership of a property in Montenegro also makes a client eligible for residence in Montenegro, which enables successful applicants to live, work and study in a safe and stable country that is moving towards a free-market economy. In addition to being a popular luxury tourism destination, Montenegro also has dynamic investment potential and it is growing to become an economic hub for modern, world-renowned resorts and businesses.
HENLEY & PARTNERS EDUCATION SERVICES
One of the many benefits of investment migration is enhanced access to premium global education. In unpredictable times, most of our clients are looking to secure world-class education for their children in top schools and universities that provide a stable, safe and nurturing environment. Many countries that host residence and citizenship by investment programs, such as the UK, the USA, Canada, Australia, New Zealand, and numerous European countries, are home to the world’s best educational institutions. With so many options, we can help you make one of life’s most important and difficult decisions: choosing the right education for your child.
Henley & Partners Education offers expert, impartial advice and support to parents globally who are looking to secure the best education for their children. Our consultants have been heads, principals, directors of admissions, and educators in international schools and universities across the world and, as a result, have extensive and current global networks and insights. We always put your child’s educational and personal needs and interests at the heart of our school placement services, and our deep-rooted knowledge of global education combined with our independent, expert assessment of your child’s unique requirements, will ensure they are placed in the right school or university suited to them.
Within the scope of the Henley & Partners offer, our firm can assist you in a variety of ways. Primarily, our unique assessment, the Henley Academic Profiling Assessment (HAPA) has been created to provide a comprehensive aptitude evaluation of academic skills for children aged between six and sixteen. It is the result of collaboration between experts in assessment, former heads of schools, and educationalists, using the highest quality teacherwritten test questions and adaptive technology. It can offer invaluable insight when determining next steps, whether that is choosing a new school or university, or simply identifying where your child stands in relation to their peers and how best to support them. Once the HAPA is completed as an initial step to understanding the child’s needs and interests, a wide variety of international schools in universities are considered to define the best fit for each child, whether this is in the UK, US, Canada, Europe, or Singapore.
INVESTMENT MIGRATION PROGRAMS FORMING THE HENLEY & PARTNERS OFFER
Following the conclusion of the program in Montenegro, two of our colleagues, Ms. Daria Sholmova and Mr. Filip Radojevic, have stepped into new roles as Client Advisors. Their role is to navigate the Henley & Partners offer of residence and citizenship by investment programs and advise clients on the best option for them, considering their circumstances and aspirations. Countries that offer investment migration programs include Austria, Greece, Grenada, Malta, Monaco, Netherlands, Singapore, Switzerland, Thailand, the UK and the US.
For further information on any element of business listed here, kindly contact us via email on montenegro@henleyglobal.com
