Engage in your own unique combination of opportunities while traveling through and settling into Montenegro.
BUSINESS & REAL ESTATE
A former socialist country, Montenegro is nearing the end of a successful transition to a market economy. A major target for foreign direct investment with a service-based economy, this beautiful country has relaxed almost all restrictions on the purchase and sale of commercial and residential real estate by foreign nationals. These friendly policies combined with the country’s use of the euro as its de facto currency make it a popular and convenient destination for international real estate investors.
Learn about the dynamic state of Montenegro’s real estate market while chatting with representatives of a major commercial real estate development firm to understand the intricacies of Montenegro’s related zoning laws, explore a construction site, or gain first-hand insight into current real estate market trends during a company visit to a major property management firm that works with investors from all over the world.
HISTORY & CULTURE
Throughout Montenegro’s long and complex history, parts of this small Baltic country have regularly been subsumed by larger neighbors including the Roman Empire, the Republic of Venice, the Ottoman Empire and Yugoslavia, among others. Periods of subservience to larger powers have historically alternated with periods of independence, the most recent of which began in 2006.
Montenegro’s cultural traditions are the product of the diverse array of cultural influences that it has experienced as a result of its tumultuous history. A conservative society where ancient tribes still carry on the centuries-old tradition of vendettas, Montenegro’s rugged landscape is dotted with ancient Serbian Orthodox churches and tiny medieval villages.
A long history of armed struggle for independence has led to strong chivalric traditions and a wealth of traditional epic poetry still performed by much-respected storytellers known as guslars.
Montenegro’s coastline is dotted with picturesque, red-roofed medieval towns, fortresses and monasteries, making it a mecca for aficionados of historic architecture.
Transport yourself back in time as you wander through the castle and the old town of Ulcinj, an ancient seaport founded in the 5th century BC that was once famous as the pirate capital of the Adriatic, or admire the Roman mosaics at Petrovac or marvel at the Venetian walls of the medieval city of Budva.
ENVIRONMENT & NATURE
Montenegro, which means “black mountain,” takes its name from Mount Lovćen, an imposing mountain in the southwest.
Perhaps the most notable features of Montenegro’s beautiful natural landscape are its rugged mountains, distinctive karst peaks and its dramatic beaches, many of which feature stunningly blue water framed by steep mountains and cliffs. Thanks to its varied geography and prime location along the Adriatic coast, Montenegro benefits from a high degree of biodiversity.
Explore one of Montenegro’s five national parks, home to a wide variety of species of wildlife including brown bears, wolves, and mouflon sheep or chat with environmental consultants at an NGO dedicated to improving the country’s waste management system. Then, discover the enchanting natural beauty of Montenegro while exploring the stunning Bay of Kotor, a spectacular submerged river canyon which is also a UNESCO World Heritage Site.