Wednesday 08th of February 2012
Mimosa Park, Kumbor

Investing in Montenegro
- In World Travel & Tourism Council top 10 growth areas for next decade
- Land costs among lowest in Europe
- Labour costs among lowest in Europe
- Material costs among lowest in Europe
- Foreign investment is welcome
- Strong capital growth and income potential in Montenegro
- There is an efficient and accurate land registry in Montenegro, property law is compliant with international standards and property transactions are court registered.
- Investor risk probably among lowest in Europe
- Corporate Tax is 9% and Personal Tax 12%
- Foreign profits can be repatriated, including to offshore vehicles
- Income/Capital taxation does not apply to repatriated foreign earnings
- Foreigners can take up residency
- Foreigners can own freehold if object (building) on land
- Foreigners can own companies and businesses including those holding bare land
- English is the main second language and most business people speak English however the majority of tradesmen do not. The young are being taught English
Amathist Developments Ltd registered company 5798758