Recently, the Statistical Office of Montenegro released the Consumer Price Index (CPI) for November 2019, which saw an average increase of 0.1% compared to October 2019. Compared to November 2018, consumer prices in November 2019 rose by 0.5%, primarily driven by the following factors: solid fuels, vegetables, clothing, milk, cheese and eggs, footwear and other shoes, and dental services. Compared to the same period last year, consumer prices from January to November 2019 rose by an average of 0.3%.
Observed by the purpose of consumption, compared to October 2019, prices in November 2019 increased monthly in the following categories: housing, water, electricity, gas and other fuels (0.6%); clothing and footwear (0.5%); food and non-alcoholic beverages (0.3%); alcoholic beverages and tobacco (0.1%); health (0.1%); and education (0.1%), while prices decreased in the following categories: transport (-0.1%); and communication (-0.1%). Prices for other products and services remained largely unchanged.
Data Source: Statistical Office of Montenegro
Montenegro's Consumer Price Index has remained at a low level
The Consumer Price Index is a macroeconomic indicator that reflects changes in the price level of consumer goods and services purchased by households. It is a relative number that measures the change in the price level of a representative group of consumer goods and services over time, reflecting the changes in the cost of living for households. In recent years, Montenegro's Consumer Price Index has remained at a low level. According to data released by the Statistical Office of Montenegro, the average annual consumer price index for the five years since 2014 has been approximately 1.1%.
Stable currency and prices provide significant security for investment in Montenegro
For investors, investment involves using existing assets to invest in the future to obtain future returns, and currency devaluation or inflation are significant risks. With stable prices, one can make optimal investment decisions based on the urgency of actual needs, reducing the capital tied up in hoarding goods and the associated risks. Montenegro's relatively low Consumer Price Index in recent years reflects its relatively stable prices. At the same time, the legal currency of Montenegro is the Euro, and the Euro's stable monetary policy and robust financial system provide significant security for investors in Montenegro.
Montenegro is a great place for living and investment
As a country planning to join the European Union, potentially by 2025, Montenegro offers numerous advantages, such as the Euro as its legal currency and Euro-denominated investment assets. Its Citizenship by Investment program has been highly sought after by investors since its launch. At the same time, Montenegro enjoys social stability, an orderly market, and stable prices, making it an excellent place for investors to live and conduct business.
A great choice for investment in Montenegro — The Westin Resort
As Montenegro considers tourism a pillar of its national economy, investments related to the tourism industry have attracted significant attention. As a traditional and mature tourist area in Montenegro, Kolasin is where most foreign capital invested in Montenegro began. Currently, the first Citizenship by Investment project approved by the Montenegrin government, The Westin Resort, is located right next to the well-known tourist attraction, the Kolasin 1450 Ski Center. The Westin Resort boasts a unique location, currently has no competitors of the same level in the vicinity, offers permanent property rights, and allows for sale or transfer after 5 years, making it a highly coveted asset in the eyes of global investors. The Westin Resort is limited to 240 spots, with only 130 remaining globally! Opportunities like this do not wait; interested investors should seize the chance!
Big news! The highly anticipated Montenegro Citizenship by Investment program has grandly arrived in China, and global investors are being actively recruited! In November 2019, WorldWay, in collaboration with the Montenegro Immigration Office and the Embassy of Montenegro in China, held the "Montenegro Citizenship by Investment Program Grand Launch in China" simultaneously in Beijing, Shanghai, Guangzhou, Shenzhen, Qingdao, and Hong Kong, officially introducing the Montenegro Citizenship by Investment program to China.
The Montenegro Citizenship by Investment program launch event in China was far more popular than expected, with huge crowds.
Currently, among countries with open Citizenship by Investment programs, Montenegro is an EU candidate country from the EU's eastern expansion region that uses the Euro as its legal currency. With an investment starting from 350,000 Euros, you not only obtain a passport from the EU candidate country of Montenegro, but your investment assets are also in Euros, allowing for Euro asset allocation—a win-win choice! More importantly, choosing the Montenegro Citizenship by Investment program now can save you approximately 450,000 RMB. Spots are limited, and good projects do not wait! For details, please consult: 400-138-2929
As a top 500 Asian brand, WorldWay Group, as an active promoter of European investment immigration, maintains friendly exchanges and long-term interaction and cooperation with the Montenegrin government, making it your best choice for obtaining a Montenegrin passport!
Great news! To thank new and old clients for their continued trust and support, at the end of 2019, WorldWay is launching a "Year-End Mega Sale, Giving Back to Clients" promotion across all lines. From December 1, 2019, to December 31, 2019, WorldWay will provide detailed introductions to several popular projects favored by the market, with 19 immigration programs to choose from and investment amounts as low as 80,000 USD. Sign up during the event to enjoy significant discounts. Please seize this special opportunity!
