Why move to Montenegro: Montenegro, located in Southeast Europe, has been catching the attention with its serene beauty, attractive tax benefits, and rapidly growing real estate market. A small country with a population of just over 600,000, Montenegro is a perfect location for people who want to enjoy a low-tax environment with a calm lifestyle. In this article, we will explore why moving to Montenegro and investing in real estate could be an ideal choice for those looking for a peaceful lifestyle.
First and foremost, the tax benefits in Montenegro are incredibly attractive for investors. The country offers a flat tax rate of 9% for individuals and businesses alike. This is one of the lowest personal income tax rates among the European Union and surrounding nations. As a result, many people are drawn to Montenegro as a tax-efficient location to run their business or live their life. Additionally, companies benefit from a low corporate tax rate of 9%, leading to more significant profits and reinvestment in the Montenegrin economy.
Another significant factor in the decision to move to Montenegro, and invest in real estate, is the simplicity of buying a property in the country. The process is relatively straightforward, with no restrictions on buying property for non-residents, nor any specific regulations favoring Montenegrin nationals. This means foreigners can easily purchase property in Montenegro and use it as a second home, summer house, or a permanent residence. Property prices in Montenegro are still relatively low compared to nearby countries, and with its booming tourism industry, the value of property is likely to increase significantly in the coming years.
Furthermore, the calm and relaxed lifestyle in Montenegro is perhaps one of the most appealing factors for those seeking a change of pace. The country boasts a warm climate and picturesque landscapes, with an abundance of natural beauty, ranging from mountains to beaches. Not confined to natural beauty, Montenegro has also begun investing in world-class infrastructure, including highways, luxury marinas, and golf resorts. It is an ideal location for those who want to escape the hustle and bustle of big cities and enjoy the peace, tranquility, and safety of a Mediterranean lifestyle.
In summary, by moving to Montenegro, investors can enjoy an exceptional tax environment alongside a relaxed lifestyle. The country offers an array of opportunities to entrepreneurs, investors, and those seeking a change of pace. Individuals can easily invest in the booming real estate market in Montenegro, where the potential for growth is high due to the country’s thriving economy. Montenegro’s tax benefits and serene lifestyle make it an ideal location for anyone looking for a calm and attractive getaway destination.
