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Monthly Archives: August 2018

Want to buy Montenegrin citizenship? It helps if you want to invest

Want to buy Montenegrin citizenship? It helps if you want to invest

Economic programs are allowing foreign nationals to legitimately purchase citizenship or a residency permit – in return for a substantial investment. These programs have been in place in MNE as well and if you want to become a Montenegro citizen, you can do it for a €450,000 investment in already-developed part of the country, and… READ MORE

Montenegro – a challenge to mighty Monaco?

Montenegro – a challenge to mighty Monaco?

Then came the war, old sport…I was promoted to be a major, and every Allied government gave me a decoration—even Montenegro, little Montenegro down on the Adriatic Sea!” Tom Buchanan’s words have been immortalized in F. Scott Fitzgerald’s novel, The Great Gatsby. And as a result, for generations of readers, the sovereign state of Montenegro, or… READ MORE

The Western Balkans may become an alternative location for direct foreign investment

The Western Balkans may become an alternative location for direct foreign investment, the Vienna Institute for International Studies (WIIW) said in a recent report, stating that the principal reasons for this are underutilized workforce and improved infrastructure. In the WIIW’s report on regional business, it is stated that the influx of foreign direct investment in… READ MORE

Podgorica is becoming more and more popular tourist destination

Podgorica is becoming more and more popular tourist destination

Podgorica is becoming more and more attractive tourist destination, the fact that is confirmed by National Statistical Office of Montenegro (MONSTAT) and Tourist Organization. There has been 30% increase in the number of tourists in the first six months of this year. Nina Pajović, representative of Tourist Organization of Podgorica, said that around 71.737 tourists… READ MORE

Montenegro Airlines posts record July figures

Montenegro Airlines posts record July figures

Montenegro Airlines has recorded strong passenger growth in July by handling 98.297 travellers on board its aircraft, representing an increase of 15% compared to last year. It added an extra 12.854 passengers and maintained flights with six operational aircraft, marking a new record for the company. Routes with the highest average cabin load factor in… READ MORE

Serbia and Montenegro to upgrade Belgrade – Bar line by 2021

Serbia and Montenegro to upgrade Belgrade – Bar line by 2021

Serbia’s deputy prime minister and minister of civil engineering, transport and infrastructure, Mrs Zorana Mihajlović, has announced that the Serbian section of the line from Belgrade to the Montenegrin port of Bar will be reconstructed by 2021. Speaking during an official visit to Montenegro, the minister said that Serbia intends to step up work on… READ MORE

Tivat Airport records busiest day

Tivat Airport records busiest day

Tivat Airport has registered its busiest day on record this past Sunday, July 30, by handling 11.233 travellers within 24 hours. A total of 58 flight movements were recorded during the day. The airport anticipates welcoming some 1.250.000 passengers this year, despite its terminal building having an annual capacity of just 400.000 travellers. Strong passenger… READ MORE