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Finance and Banking

Currency exchange locations and tips16 ATM withdrawal fees and usage13 Card versus cash payment usage11 Opening a local bank account10 Foreign bank card functionality9 Acceptance of large banknotes8 Managing daily travel budgets7 Dining and food cost estimates6 Cryptocurrency exchange and payments5 Parking and transport payment methods4
In Montenegro, the tourist tax is not required after 31 consecutive days of residence
In Montenegro, the tourist tax is not required after 31 consecutive days of residence. Residents with a long-term lease agreement are generally exempt from daily tourist fees.
To obtain car insurance for travel to Serbia from Montenegro, the website beinsurance
To obtain car insurance for travel to Serbia from Montenegro, the website beinsurance.me is recommended for online purchase. The cost is approximately 220 euros for a two-week period (around 0.28 euros per day).
Albania is experiencing significant growth in tourism and real estate, with prices rising considerably
Albania is experiencing significant growth in tourism and real estate, with prices rising considerably. For instance, property prices per square meter have increased from €1800-€2000 in 2022 to €3500 in 2024, with some premium properties reaching €6000. This growth may be fueled by foreign investment, including from Arab investors, and potentially credit-driven. Montenegro is also implementing controls on foreign capital, requiring government approval for investments exceeding 10% in key sectors. Both countries are seeing increased interest and investment, attracting tourists and developers.