Investment opportunities

Tourism is the most dynamic sector in Montenegro with investment opportunities in the construction and operation of high-end hotels, congress centers, resorts, golf courses, upscale shopping centers, entertainment facilities, etc. Montenegro is among the fastest growing tourist destinations in the world and the only Mediterranean destination with a constant turnover growing trend. It holds the leading position in the region when it comes to the amount of foreign investment “per capita”. According to World Travel and Tourism Council (WTTC) long-term forecast, an average annual growth rate in tourism revenues of 6% is expected in the following 10 years.

Benefits for investors in the Tourism sector in Montenegro
To enhance utilization of major resources and bring in the new investments, the tax reform policy introduced fiscal incentives for the investments in the following sectors: high-end tourism – hotels with 5 or more stars. The Law on VAT stipulates zero VAT rate on the delivery of products and services for the construction and furnishing of any hospitality establishment with 5 or more stars, construction of energygeneration facilities with more than 10 MW installed capacity or of food production plants categorized within sector C group 10 under the Law on Business Activity Classification, if the investment exceeds €500,000.
With the aim to eliminate business barriers and incentivize high-end tourism, the Law Amending the Law on Real Estate Tax allows local governments to lower the tax rate for the hospitality establishments that operate throughout the year by up to 30% for the 4-star ones and up to 70% for those with more than 4 stars.

Connectivity

• Port of Bar: 9.6 km
• Aeroport Tivat: 67.5 km
• Aeroport Podgorica: 57.5 km
• Railway station Bar: 9.4 km
• Bus station Bar: 9.4 km
• Bus station Ulcinj: 19 km

Tourist destination

Veliki pijesak beach:  900 m

Old Bar: 7.1 km

Velika plaža:  21.4 km

Solana: 25 km

Virpazar: 32.7 km

Ada Bojana: 33.4 km

Skadar lake: 36.7 km

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