1. The World Travel and Tourism Council released its 2007 Top Ten List of Travel & Tourism economies, for the third year in a row Montenegro is expected to grow their Travel & Tourism demand the fastest in the world between 2008-2117. It forecasts that Montenegro will experience an annualized real growth rate of 10.1% each year, higher than any other country. On that basis alone property prices are expected to triple during the same period. The WTCC has also named Montenegro as one of their top ten countries expected to grow their Travel & Tourism Economy and Industry GDP the fastest over the next ten years.
2. Montenegro Airlines Growth from 16.000 passengers in 1997 to 500.000 passengers estimated for 2007 (that’s 3125% growth in passengers).
3. TIVAT international Airport EXPANDED new wing of 10.500 sq ft added and now the capacity expanded to 1,380 PASSENGERS PER HOUR.
4. Budva New International sea port to be opened in Budva. Customs lines to open to Italy.
5. Montenegro uses EURO as official currency since 2003, making banking and financial systems much, much easier and more adapted to European business than the majority of its neighbouring nations.
6. Montenegro is being hotly tipped to join the EU soon after Croatia.
7. Neighbouring Croatia (Dubrovnik - a 15min drive along coast) is priced at € 4,000+/sqm, and Montenegro is currently two thirds of that price. So still at least 33% growth before prices start to catch up.
8. There is no capital gains tax and no inheritance tax.
9. Named "The Jewel of the Adriatic" , Montenegro is one of the most untouched regions of natural beauty in Europe. In 1991 UNESCO declared Montenegro « The First Ecological State in The World » effectively putting restrictions on building and construction, and protecting the country from the kind of low grade over development that has created problems in neighbouring Eastern European emerging markets.
10. World Bank has already invested in the region of €600 million in Montenegro.
11. Montenegro government has committed to invest in the region €200 million into roads and tourism expansion of the coastal region alone.
12. Stamp duty is a minimal 2% (in comparison to Croatia which is 5%) and legal Fee approximately 0,5-1%.
