Nestled between the blue-watered Adriatic Sea and the towering Dinaric Alps , Montenegro has experienced a 124% increase in the number of millionaires within its borders over the last decade, according to the Henley Private Wealth Migration Report 2025. In fact, it’s now the world’s fastest-growing millionaire hub.

Its Prime Minister, Milojko Spajić says the shift isn’t just a happy accident—or down to the good weather. “We are very keen to bring the smartest and brightest of the world to Montenegro,” the 37-year-old leader said on stage at Fortune’s Global Forum in Riyadh, adding that low taxes are to thank for the influx in ultra-wealthy residents.

“Our tax policy is very simple. We think the people that tie their investing into Montenegro, be it investors, employees, workers,

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