montenegro to benefiit most from visa free travel extension
News Posted On: 01 December 2009
The EU has agreed that residents of Montenegro, Serbia and Macedonia should be permitted to travel visa-free throughout the EU, after the European Commission suggested it last month. Visa-restrictions for the three will be lifted on December 19th.
The EU has kept visa-restrictions in place for Albania and Bosnia-Herzegovina, but it is hoped that visa-free travel can be extended to them in due course, when they have met the necessary requirements as part of the EC roadmap.
All three nations will undoubtedly see economic benefits from the move, through increased tourism and easier trade with EU nations. However, Montenegro is likely to see the biggest benefit.
Serbia and Macedonia are both landlocked, and now that it is not a visa job, residents from both countries, will undoubtedly make trips to the gorgeous Montenegrin coast. The same goes for residents of all EU countries.
Montenegro is known as one of the most beautiful places in the world, and with some of the best beaches in Europe. So much so that it attracted the likes of Prince Charles and singer Lulu in its heyday during the 80s. EU members being allowed to holiday in Montenegro visa-free will undoubtedly boost tourism significantly.
It will also boost foreign property investment in the country. Montenegro had grown into a highly popular destination among foreign property buyers in 2006 and 2007, but demand has plummeted during the downturn. Now that things are beginning to recover, the fact that people can travel to Montenegro for an inspection trip without having to go to the hassle of obtaining the correct visa, will undoubtedly assist in increased activity in the property market.
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