Chinese investments involved investments in companies in Montenegro or their purchase, the purchase of real estate and so-called inter-company debt – companies from Montenegro borrowed money from companies from China. People’s Republic of China has become the largest investor in Montenegro with 70 million euros in direct investments from the beginning of this year to… READ MORE
Coronavirus has seriously affected tourist season in Montenegro and projects in that sector. For 14 years of independence, renowned investors have been choosing Montenegro as prestigious destination that’s worth it. The situation hasn’t changed. On the contrary. On the coast almost €1,7 billion has been invested so far, mostly in the Municipality of Tivat. PORTO MONTENEGRO… READ MORE
Prime Minister, Mr Duško Marković, expressed his satisfaction with the construction of Portonovi, one of the largest tourism projects in the Mediterranean. Today Government released a video showing how far the construction has advanced. Portonovi is going to be one of the greatest and most prestigious tourism resorts in the Mediterranean. “I’m impressed with… READ MORE
Real estate market in Montenegro has revived. Latest preliminary data published by Statistical Office of Montenegro (MONSTAT) shows that the apartment price has increased by 11,6%. Some real estate agencies believe that NATO membership had an impact on real estate growth. However, they conclude that most of foreigners usually decide to buy an apartment in… READ MORE
The company “Design & CO” which is building a residential complex of five buildings in Kavac with Turkish funds has gained approval for the preliminary design for two additional residential buildings. Other buildings are under construction, while all five structures will together have 119 residential units. Chief State Architect Dusan Vuksanovic gave the approval and… READ MORE
Prime Minister Duško Marković will attend the official opening of the Hotel Chedi on Luštica on Friday, August 17th, which received the first guests this season. Hotel Chedi is the first in a row of hotels in the Luštica Bay project worth more than EUR 1.1 billion. The lease and construction contract referring to Luštica… READ MORE
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
One of the most famous real estate agency present in over 100 countries started working in Montenegro. Kevin Buttigieg, CEO of RE / MAX Malta and founder od RE / MAX Montenegro recognized the potential of Montenegro and decided to bring Montenegro one of the most recognizable brands in the world. The opening ceremony of… READ MORE
After he had been travelling in the Balkans for a while, Australia citizen of Lebanese origin, Romi Havat, 4 years ago decided to invest in Montenegro. So far, he has invested 22 million euro in our state and that’s why now he’s also holding Montenegrin citizenship. In an interview for Pobjeda daily, he said he… READ MORE
Vujanovic congratulated Putin “I congratulate you on the re-election of the President of the Russian Federation. I am convinced that your term of office will be dedicated to the prosperity of all citizens of Russia. Respecting the tradition of good relations between our countries and nations, I am expressing my desire to improve our political… READ MORE
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