Often referred to as the Pearl of the Mediterranean, Montenegro is truly a “hotspot” for investment. Country’s breath-taking natural beauty, including its ancient walled towns, UNESCO-protected national park, Europe’s deepest canyon, and stunning fjord, captivate all who visit.
We, at the Montenegrin Investment Agency, offer comprehensive, one-stop investment consultancy services, free of charge, which are always tailored to meet potential and existing investors’ precise needs. We help save time by providing general and industry- related information, connect investors to relevant stakeholders and arrange necessary business meetings required to make informed decision on best location for investment. Our mission is to help investors grow their businesses in Montenegro and improve their competitiveness. Hence providing comfort and necessary tools for companies to continue their growth and implement new project. As a catalyst for new business opportunities in Montenegro our strategy is simple. Foremost, we advise. Next, we plan. Thereafter, we implement and enjoy our final results. We are here for investors from the start, throughout, and after the investment is completed, ready to offer consulting services on many different aspects of business in Montenegro. We are a reliable, long-term and preferred partner for investors in Montenegro.
If you are looking to expand your business, we assure you investing in Montenegro is a safe place to start.
Why Montenegro
Investing in Montenegro can be a strategic decision due to its growing economy, favourable business environment, and potential for development in various sectors such as tourism, real estate, and renewable energy. Montenegro offers a competitive tax system, political stability, and access to the European market through its EU candidate status. Additionally, the country’s beautiful landscapes and increasing tourism industry make it an attractive destination for investors looking for opportunities in a growing market.
The business environment in Montenegro is favourable, with competitive tax rates and incentives for investors. The government has implemented reforms to improve the ease of doing business, further enhancing the investment climate. An investor can easily start his business in Montenegro. Foreign investors are subject to the same conditions as domestic investors when it comes to establishing a company and making an investment. A foreign investor in Montenegro may be a foreign natural or legal person. The currency in Montenegro is the euro. Montenegro’s tax system has become one of the most competitive in Europe. With a 9% and 15% personal income tax rate, companies operating in Montenegro enjoy not only a business-friendly environment but also a low tax burden, thus maximizing their operational profit. When presenting the opportunities for doing business in Montenegro, one should start with what is immediately evident – the strategic geographic location of Montenegro as a Mediterranean country Montenegro is located in Southeast Europe and borders: Serbia, Croatia, Albania, Bosnia and Herzegovina, and Kosovo. The total land area of Montenegro is 13,812 km2. Also, it consists of 7,835 km of roads and 250 km of railways. One of the key priorities was to protect natural resources and preserve the identity of its unique space. After Montenegro adopted the Declaration on the Ecological State (August 20, 1991), it became the first country in the world to be declared an ecological state. The main industrial port is Bar and 2 international airports: Podgorica and Tivat. The tourism sector in Montenegro is thriving, thanks to its stunning landscapes, historic sites, and growing reputation as a luxury travel destination. This presents opportunities for investment in hospitality, leisure, and real estate development. The real estate market in Montenegro is also on the rise, offering potential for property investment and development projects. Furthermore, Montenegro has untapped potential in renewable energy, with opportunities for investors in green energy projects. The country is investing in infrastructure development, creating further opportunities in sectors such as construction and transportation.
Overall, investing in Montenegro can provide diversification benefits to an investment portfolio, as well as the potential for attractive returns in a growing economy with a range of investment opportunities across various sectors. According to “Monstat” estimates, in the middle of 2022, 617,213 inhabitants lived in Montenegro. One of the most important characteristics of the Montenegrin population is the diverse ethnic structure. The main ethnic groups living in Montenegro are: Montenegrins, Serbs, Bosnia’s, Albanians, Muslims and Croats.
INVEST IN MNE
Public-private partnership
Pursuant to this Law, public-private partnership is based on the principles of protection of public interest, free management which ensures a high degree of quality, safety and affordability, transparency, protection of competition and protection of the environment. more
Economic citizenship
Economic citizenship has long been recognized in many countries around the world as an important instrument for attracting investment. more
Register of Incentive Measures for Investments
With the intention of ensuring long-term benefits of using the data available in the register, the Ministry of Economic Development of Montenegro will fully plan, and in coordination with the relevant ministries, public institutions, national funds and the World Bank Group, will carry out the regular annual update of the inventory in order for potential investors, stakeholders and the public to have accurate and complete information about the Inventory in real time, which would further encourage investment activity in Montenegro. Presentation available here.
Program for Improving the Competitiveness of the Economy