Visit-Montenegro.com : Foreigners Can Register Land to their Companies

Government Adopts Changes for Sub-Legislative Acts, Which Revoke the Decision of the Director of the Real Estate Directorate: decree stipulates that foreign companies, which are registered in Montenegro, are to be treated like domestic companies, thus allowing them to register land purchased to their name in the cadastre. Draft laws on mining and aviation also adopted. Podgorica – Montenegrin government has adopted changes of sub-legislative acts, which allows foreign companies, which are registered in Montenegro to be treated like domestic companies, thus allowing them to register land purchased to their name in the cadastre. This government’s decree effectively annuls the decision of the Director of Montenegrin Real Estate Directorate, Mico Orlandic. This decision had ordered the cadastres not to register land to companies... [read full story]