Taxes in Montenegro
Taxes in Montenegro are relatively low.
Transaction and registration taxes
There is a single tax on real estate purchases of 3%. This and the notary fees are paid by the buyer.
of real estate
|*Excluding VAT (19%)|
Real estate tax varies from 0.1% to 1.0% of the property’s cadastral value and depends on the type of property, location, age and quality.
In Montenegro, there is a unified capital gains tax, income tax (incl. property rental) and corporate tax of 9%.
Inheritance and gift tax is 3%. Property transferred between children, parents or spouses is exempt.
Disclaimer: the information in the above article is for reference and may be subject to change over time. Persons interested in exact calculations should contact a certified tax specialist in this country before purchasing property.