Tourism accounts for more than 20% of Montenegro’s GDP and represents one of the pillars of the economy. Every year tourism brings in three times as many visitors as Montenegro’s total population, which initiated the development of luxury tourism along the coast – such as the luxury waterfront residential haven and superyacht marina Porto Montenegro.
The expansion of tourism and luxury real estate followed by low tax rates brings many foreign investors interested in buying a property to Montenegro. Foreign investment per capita was one of the highest in Europe in 2017.
This has been recognized by the government with the launch of The Citizenship by Investment program, allowing foreign citizens to obtain Montenegrin citizenship and passports by investing in the country.
Whether you are new in town, or are interested in investing in Montenegro, you will need some information about the Montenegro banking system to help ease your relocation to this wonderful country!