Feeds Topics Living Abroad Living abroad: Things to know while living in specific countries

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    Accommodation for Expats in Montenegro

    Montenegro is generally seen as one of the most affordable countries in Europe. You should expect your monthly costs to break down as follows: If you choose to rent in Montenegro this expense will vary widely depending on where you find a place and how many bedrooms it has.

    Montenegro is a good place to live because of its desirable tax rates, high quality of living, and great natural surroundings. It’s well situated in Europe and many destinations are within easy reach.

    Both Tivat and Kotor are quite popular with expats, especially those looking for luxury. Kotor is quieter and has a more authentic aesthetic with fewer nightclubs.

    If you are planning on living modestly in Montenegro, you will need somewhere around 700$ per month, if you’re living in the city. However, people living in villages are used to a more modest life and spend less money.

    Buying properties e.g house is not limited to locals alone; expats, foreign individuals and legal entities can equally purchase a property in Montenegro. Houses and apartments are easy to acquire by foreigners, but they have to register a company in Montenegro if they want to purchase land in this country. However, property tax is paid on land and buildings. The property tax base is the market value of the property. In general, property tax rates range from 0.25% to 1.0%.

    Some of the best locations expats in Montenegro can reside in include: Kotor, Budva, Podgorica, Tivat, etc.

    Click here to find out more about some of the desirable places expats can reside in, in Montenegro.

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