Global spotlight: Exotic European gems – Montenegro
In the January edition of RIS media REAL ESTATE magazine and portal, with the theme: GLOBAL SPOTLIGHT: EXOTIC EUROPEAN GEMS, our colleague Jelena Damjanović Vidaković discusses the trends shaping the markets across the pond.
As a member of Leading Real Estate Companies of the World, we use this opportunity to present Montenegro and some of the most important trends in our market. Looking back over the last ten years, our real estate sector has experienced impressive growth. Montenegro is a reliable and secure investment destination for well-known companies that have built major residential and hotel projects here. These investments contributed to Montenegro’s recognition as a modern country and an attractive destination for investors.
Low-income tax rates, preferential access to the European Union market, national treatment of investors, relatively low custom rates, simplified procedures, and reduction of costs to register economic entities and obtain building permits, together with using the Euro as a national currency, are just some of the incentives that make Montenegro attractive.
The full article read HERE.