Montenegro (ME)

Jurisdiction Overview

IDQuestionAnswer
418 *Freeports: Are freeports/free trade zones/foreign trade zones/bonded warehouses promoted as places to store valuable assets (e.g. gold bullion, art, precious stones, jewelry, cash, antiquities, wines, cigars, cars)? No
 Data Date: 2019

Notes

 
According to Montenegro's Ministry of Finance, freeports / free trade zones / foreign trade zones / bonded warehouses are available as places to store valuable assets in Montenegro (TJN-Survey 2017). While the Porto Montenegro freeport promotes a variety of luxury yatch services, no private actor was found to expressly promote the storage of high value assets in free ports or bonded warehouses.

Sources

TJN-Survey 2017
 
https://www.portomontenegro.com/
 
http://www.dailymail.co.uk/travel/article-2867217/Move-Monte-Carlo-Porto-Montenegro-new-hotspot-rich-famous.html
 
http://tbncom.com/index/montenegro_delivery_services_freight_forwarding_tbn_company/0-456