How to Montenegro
11 Jan 2019, 00:48 AM
January 11, 2019 - Searching for rent-a-car in Montenegro? Here is some help. As always, some tips provided by locals should be helpful for finding sources and making decisions that meet your needs and preferences. So, this article aims to give you general information on car rental companies operating in Montenegro, traffic rules and what you need to know as a foreign driver.
Rent a Car Montenegro: Best Option for Sightseeing
Renting a car in Montenegro makes a lot of sense. Montenegro is a small country with a small population and with not many public transport options. There are local buses that run between the main cities daily, but there are many locations you cannot get without a car. Also, since you can drive from the very south of the country to the very north in just a few hours, renting a car would give you the opportunity to discover every point of interest. And, it is important to note, Montenegro is also primarily recognized for the variety of natural and cultural heritage of different areas, accompanied by a varied offer of tourism products of particular interest. So, by renting a car, you are making the most of your stay, especially if your primary goal is sightseeing.
Here are some critical notes on Traffic Laws and your position as an outsider. Also, here is some general information on car rental agencies in Montenegro that should help you decide who to choose.
Rent a Car Montenegro: What you need?
To rent a car in Montenegro, you do not have to have an international driving license. All you need to provide is your home license, your passport, and your credit card. If you opt for a local car hire agency, they will only ask you for your credit card number, but will not block the security deposit, which could be up to 5000 euros for the luxury categorized cars if you decide on an international rent a car company.
Rent a Car Montenegro: Traffic Rules
The alcohol limit for drivers in Montenegro is 0. It is useful to keep in mind that the Road traffic law of Montenegro is not so kind to you if you're here for just a few days, and the traffic police officer catches you driving after a glass of wine or without your seatbelt. He immediately asks for your passport and your driving license, and you proceed to the judge for violations in the city where you made the traffic offense. This is not the only problem - they will also charge you according to the law, but the judge could invite you to come the day after, interrupting your plans if you're staying in the other part of the country. So follow the road signs, do not drink at all and stay concentrated. Also not so common, but, if you hit a tree or any object in a public area, you will be charged for destroying the public property.
If you end up in an accident in Montenegro, it's essential to follow these basic rules: call the police by dialing 122; do not move your car; contact your rental company to tell them about your accident. Also, keep in mind that without a police report your insurance means nothing, you'll be up for 100% of the damage costs.
Rent a Car Montenegro: Car Rental Agencies
Renting a car in Montenegro starts from around €24 per day and goes up depending on the size of car you need. When looking for car rentals online, take care if the information comes from a car rental provider or a rental car agency, as the data could be different. So, when you get general info on some of the cars at the provider's website, always go to the site to check the variety of prices and other terms and conditions.
Terms and conditions are very different between international car hire agencies operating in Montenegro (Sixt, Avis, Europe Car, Herz, Enterprise, Green Motion, Surprice) and the local ones (Good Choice, Lucky Rent A Car, Meridian, Boston). Local agencies are more flexible than the larger companies because they are fighting for clients. That flexibility means first of all that you will probably be able to pay in cash, and the agency will not put a hold on your credit card. They ask only for your credit card number to have on file. Car rentals are much cheaper at local agencies during the summer months, while off-season prices are much more affordable at international companies.
Rent a car Montenegro: Insurance
The most popular form of insurance for rental cars in Montenegro is the compulsory third-party liability insurance. It would cover all types of rental car damage, if it didn’t happen by the driver’s fault, including all third liabilities in case of an accident. When an accident happens by the lease holder’s mistake, the driver is responsible for the rental car damages only.
Your rental car company will block the deposit amount on your credit card for security. Your money is released when you return your car, so no expenses. Depending on the vehicle category and a car rental agency, the deposit goes up to 5000 euros, so make sure you do not lose your opportunity to fully enjoy Montenegro because a car rental company froze more significant amount than you anticipated.
For more detailed info on car rental insurance, go to auto-travel.me/en/car-insurance/
Rent a car Montenegro: One-Way Car Rental
Last but not least, to drive in Croatia, you will need an international driving license, but the good news is you can hire a car in Croatia and drive it across to Montenegro. You will have to pay insurance coverage for Montenegro, locally known as a "green card." If you forgot, you could buy this insurance at the border. If you do not come back to the airport, you can hire a car in Croatia and leave it in Montenegro. That would cost you around 350 euros, but it is useful to know you have that option. One way rentals are available between Montenegro and all other surrounding countries.
05 Dec 2018, 12:54 PM
December 5, 2018 - Do you want to open a bank account and are not a Montenegrin citizen? Here is some necessary information that should be helpful if you need a bank account as a private person or have founded a company, so your bank account is one of the prerequisites for your business.
As a foreign citizen, you can open an account with your name. As a bank account holder, you can freely raise or pay in their account cash in EUR or foreign currency that is convertible into Montenegro in unlimited amounts. Also, you can receive payments to your account and perform non-cash payments and transfers, following foreign exchange regulations.
There are more bank account options for private persons: current account (to receive payments), current account (general purpose - for personal payments), savings account and foreign currency account. A current bank account is required for a customer to pay transactions in Montenegro, while a foreign currency account is used for international operations (inflow and outflow from abroad).
As a non-resident, you must come to the bank's branch and provide your passport for the opening of all these types of accounts. A worker will ask you for some extra information that is not available on your passports, such as the exact address of your home or contact information. This is how the procedure is completed, and you have opened an account in only a few minutes.
Account maintenance fees vary from bank to bank and range from 0.5 EUR.
Most of the banks now include a whole range of products under a single tariff. Within the package offer, SMS service is available to the client on cash flow and withdrawal from the bank account, but also permanent orders, e-banking, and mobile banking, VISA and MASTER debit cards, credit cards.
With the help of e-banking and mobile banking (a phone application that is easily downloaded from the Apple Store or Play Store), you are able to pay for services, transfer funds within your accounts and other accounts within Montenegro. Also, this helps you convert currency, blocks debit and credit cards in the event of a loss, draws account traffic reports and in situations when abroad.
For time deposits Montenegro offers competitive interest rates compared to other countries of Europe and in the region. In this case, the profit tax is smaller for non-residents than for the local population and is 9%. Montenegro's Deposit Protection Fund guarantees the amount of up to EUR 50,000.
If you come here, for example, with a Russian ruble, you will not be able to convert it into euros. Convertible currencies in Montenegro are:
USD - American Dollar
CAD - Canadian Dollar
AUD - Australian dollar
CHF- Swiss Francs
DKK- Danish Krona
NOK- Norwegian Crown
GBP- British Pound
BAM- Bosnian Convertible Mark
RSD- Serbian Dinar
SEK- Swedish Crown
HRK- Croatian Kuna
You can check the exchange rate at any time on the websites of local banks or on the site of the Central Bank of Montenegro.
To open a bank account on behalf of a company, you must provide the company's status documentation and the passport of the owner of the company and/or the executive director. Together with the Bank's Officer, you will complete the Request for Opening Account and the Card of Dismissed Signatures, after which all conditions for opening the account are met.
And for companies, there is e-banking and product palette (SMS notification, e-mail, business card-debit, and credit). For a business in Montenegro, you initiate an account in the domestic payment system, and for foreign operations with a foreign currency bank account. Foreign currency accounts, as well as for private persons, may be in currencies for which the bank is doing the exchange deals.
02 Jun 2018, 21:55 PM
Summer is coming, and one of the hottest topics in local media will be Montenegrin taxi drivers and them cheating foreign tourists, non-registered taxi drivers, and more. .For these reasons, TMN decided to present a short guide to taxi transport in Montenegro.
24 May 2018, 14:32 PM
The Mediterranean climate is characterized by wet, mild winters and long, warm, and dry summers. In Montenegro, most of the yearly rainfall occurs during the winter, and there can be a couple of dry months, except for summer storms. At the same time, located in the eastern region of the Mediterranean basin, the climate of the Montenegrin coast is a bit closer to the continental area, and sudden frost could happen in January. Our expert tips will help you save time and grow a beautiful southern garden without a loss of plants and money.
22 May 2018, 08:44 AM
May 22, 2018 - Summer is coming, and the gorgeous coastal road from Croatia to Montenegro is getting busier. There is another way.
27 Apr 2018, 15:36 PM
Whether you're buying a small studio apartment for a peaceful sea escape or a vacation house with large garden for your big family, you’re buying the dream. To wake up in front of sea view windows is on everyone's wish list. However, the harsh realities of seaside living could turn your dream vacation into a nightmare if you don’t take the necessary precautions. Here is what you should keep in mind before you become a happy owner of a coastal home.
04 Apr 2018, 09:44 AM
April 4, 2018 - My first battle with the famous Montenegrin bureaucracy.
28 Mar 2018, 12:33 PM
For some time, the only way to find a job in Montenegro was through personal connections, and yet, the chances were slim. Did this situation change over time? What are the current career opportunities in the country?
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