Montenegro is an anomaly in the European real estate market. The investment returns for those who invest in Montenegrin real estate are among the highest in the entire continent. The trend is rising thanks to the tourism boom that this Balkan country has been experiencing for the last few years. In addition to the growing...
The Montenegro tax system is among the best of the best for investors. The primary taxes in Montenegro are: Income tax: 9-11 % Corporate tax: 9 % VAT: 21 %, and 7 %, and 0 % for tourism and some basic products Withholding tax: 9 % on dividends, capital gains, rental income, royalties, and such...
Montenegro has a modern and mature banking system with almost 20 banks. Here we will walk you through the main particularities of the banking sector in Montenegro. First, you must know that it is incredibly easy to open a bank account in Montenegro. All you need is a valid passport. You may say that that’s...
Montenegro has a modern legal system with robust business laws. The business regulations have evolved to represent the dynamic business environment of the country. Opening and operating a business in Montenegro is cheap and straightforward. Registration fees are low, and minimum capital requirements are almost non-existent. That’s why it’s the 50th easiest country to do...
The two best-known CBI programs are Cyprus and Malta. But what if we told you the Montenegrin program has better tax optimization benefits than Cyprus and entails a smaller investment than both Cyprus and Malta? As Montenegro will likely join the EU in 2025, the passport will also have the benefit of allowing you to...
States seek to reduce individual freedoms by inventing new taxes and regulations almost every day. Add to that the global recession that may come soon, and you’ll understand why having a second passport is practically a must for high-net-worth individuals. Some CBIs are well-known, such as St. Kitts and Nevis, which was the first. However,...
Montenegro is a beautiful place to live in. It has gorgeous coasts, where most seasonal foreigners go, and Podgorica, its capital, has all the comforts of any other developed city, but on a smaller scale. Montenegro is known as one of the most affordable countries in Europe. That is especially true when considering the excellent...
The country has created a reputation for itself as a pro-business hub that has attracted serious, reputable investors. Before the European debt crisis of 2010, Montenegro had an incredible 9 % growth rate per year and still sustains yearly levels around 5 %, which are almost unbelievable for European standards. The country has attracted increasing...
Montenegro’s economy is mostly service-based, with tourism being one of its most significant contributors. With its hilly landscape and lack of raw materials, the country doesn’t have many industrial developments. However, this hasn’t been all negative, as it turned the country into an ecotourism hot spot. After its independence, the country quickly saw a ton...
