Montenegro

Benefits of living in Montenegro

Montenegro is a country on the Adriatic coast with incredibly beautiful natural landscapes. Rocky mountains, medieval architecture and pristine beaches attract hundreds of thousands of tourists every year. Tourism is one of the main drivers of the economy in the country. The capital is the city of Podgorica. The official language is Montenegrin, but English is fluent in all tourist places. The climate is suitable for year-round recreation. In summer, the temperature rises to + 30 ° C, in winter on the coast it is not lower than + 12 ° C.

Where and what property to buy?

1. For a holiday at sea. Ideal locations: Budva is the tourist center of Montenegro. The Bar Riviera is a luxurious resort area between the shores of the Adriatic Sea and Lake Skadar.
2. For investment. It is profitable to invest in new lines of popular complexes in the early stages of construction. The projects of international developers guarantee the quality of development, advanced infrastructure and transparency of the transaction.
3. For year-round use. Suitable cities: Tivat, Podgorica, Budva, Bar. In October, most tourist infrastructure facilities are closed, and active construction is underway.

Is it possible for Russians to buy real estate?
Foreigners can freely purchase property in Montenegro. Both individuals and legal entities can buy objects, however, a number of specific land plots are not available for purchase.

Property taxes
Here is a loyal taxation system. The real estate purchase rate is 3%. Important: The Montenegrin government announced a tax increase from January 1, 2024.

Residence permit
There are several ways to get a residence permit in Montenegro: work in the country, start a business, marriage, education at local universities, purchase of a yacht or real estate worth from 220 thousand euros.