Montenegro’s Banking System

Montenegro's Banking System

Montenegro has a relatively mature banking system that is dominated by under 20 banks. These are divided almost evenly between corporations based in Montenegro and ones from other countries.

Obviously, having a bank account is an essential part of life. If you plan to live in Montenegro, it will definitely help to have a local bank account.

From opening an account to knowing about deposit insurance, this guide will help you make sense of Montenegro’s banking system. Continue reading “Montenegro’s Banking System”

Montenegro Schools

Montenegro Schools

If local schools are a top reason for choosing a home then surely a school system is an essential part of choosing a home country.

Montenegro’s schools are modern and progressive and complemented by a number of private school options. There are also English and international school choices in Montenegro.

This guide will introduce you to the Montenegro school system and help you understand what to expect before enrolling your child in one. Continue reading “Montenegro Schools”

Montenegro Tax Guide

Montenegro Tax Guide

Death and taxes are the two certainties of life. We’re still working on a solution to the former, but easy immigration means that you can have an effect on the latter.

Montenegro’s favorable tax regime is definitely one of the pros of living here. Choosing this small Balkan country doesn’t mean a total holiday from taxes but it does usually mean a reduced tax load compared to the rest of Europe.

Generally, the answer to the question “how much tax does Montenegro charge on X?”, is 9%. It goes without saying that that’s less than almost anywhere else in the developing or developed world.

There are some nuances to the Montenegrin tax system — from real estate taxes to VAT. This guide will walk you through all of the important points and help prepare you to keep your tax bill as favorable as possible.

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Buying Property in Montenegro? Read This First

Stability and open borders means that buying property in Montenegro has become an attractive investment for many Europeans.

Buying a property is a huge investment and a big step. Doubly so if it’s located in a country you’re unfamiliar with.

There can be unusual legal procedures, different terminology and the ever-important idea that location matters most. Montenegro is a great place to live with a fairly straightforward real estate system.

A property may be the home where you live or at least be a significant piece of your portfolio, so don’t make a purchase without doing your research.

Use this guide to get set with the information you need before buying real estate in Montenegro. Continue reading “Buying Property in Montenegro? Read This First”

Trustworthy Property Management in Montenegro

Trustworthy Property Management in Montenegro

Montenegro is very much a part of the European and wider international community.

Many of us who own a home here don’t live in it full time while we live or travel elsewhere. Others have added an investment property to the portfolio and want someone else to manage it.

Property managers exist for these reasons.

If you are in either of the above positions, or planning to be, finding good property management for your Montenegro real estate is critical. This guide will help you answer the important questions.

Continue reading “Trustworthy Property Management in Montenegro”

Montenegro’s Property Market: Prices & Trends in 2019

Montenegro's property market is on a fifteen year hot streak.

The Montenegro property market is an interesting one for those looking to relocate. It has the potential of offering that ideal combination of discounted prices now and appreciating value in the future.

There are a few complementary factors driving Montenegro property prices upwards. Generally, they are all related to drawing foreign capital and people into Montenegro’s real estate market.

This article delivers a snapshot view of the Montenegro real estate market in 2019 with a look at where it’s going in the future.

Continue reading “Montenegro’s Property Market: Prices & Trends in 2019”