Montenegro – Europe’s Best Kept Secret!
Montenegro is located on the eastern side of the Adriatic facing towards Italy. It enjoys a lovely climate, especially in the coastal resorts like Bar, Tivat and Budva. We have carefully selected the best 4 resort developments in the country with prices from as little as €70,000.
And here’s the big news – ownership of property means you can apply for a residency permit. Ideal if you want somewhere to move to away from Brexit and Jeremy Corbyn…
Elite Investor Club is a global network of investors who are looking for ways to build long term wealth for themselves and their families. We have assembled a team of English speaking lawyers and accountants who can guide you through the whole process including:
- Setting up a company through which you can rent your property
- Reclaiming 21% VAT on your property
- Applying for residence permits
- Handling the purchase of your dream holiday home
Bar – Great Value and Great Potential
These two futuristic buildings set new standards for the Adriatic resort of Bar, one of the least developed resorts and with arguably the most potential for capital growth. For the budget conscious, prices start at around €70,000 and range up to a 240 square metre luxury penthouse that nets down to just €490,000 after the VAT refund.
Tivat – The ‘Monaco of the Adriatic’
This delightful resort on the coast is just a few minutes from Tivat airport. The Marina Village is already completed, with a choice of apartments or a hotel condominium as your Adriatic holiday home. Prices range from €245,000 for a 44 square metre studio to just over €1 million for a 187 square metre 3 bed property with private pool. If you prefer a year-round residence the next phase of the development, Centrale, offers 2 bed apartments for around €220,000.
Budva – Luxury Riviera Lifestyle
You just have to walk around this development to know that no expense has been spared on the quality of materials. Sitting on its own peninsula, this project is now fully built up externally and waiting for you to specify how you want the interior to look and feel. Apartments are available from €715,000 for a generously proportioned 136 square metre property with a wide choice of kitchen and bathroom fittings to personalize your Adriatic holiday home.
Herceg Novi – Exclusive Homes and Marina
This high end development is unusual in that the whole project has been fully funded before any properties are sold. Elite Investor Club has the ‘inside track’ on this launch and is one of the first organisations to break cover and make this delightful new community available to investors. Prices start at around €600,000 before the VAT is reclaimed.
Residency in Montenegro
Owning a property means that you should qualify for a temporary residence permit for 12 months which is extendable for up to 5 years, at which point you can apply for permanent residence.
You will need your passport, a diploma or relevant certificate confirming your education and a clean criminal record check from the UK police.
We can introduce you to our team of English speaking lawyers and accountants who can handle both your property transaction and residency application.
Tax in Montenegro
Have you considered relocating to a more favourable tax regime? In Montenegro you can remember the tax rates as an emergency number – 999. That’s 9% income tax, 9% corporation tax and 9% dividend tax. Think how much that would save you on your current UK tax bill! And, just to be clear, this is the tax on income arising in Montenegro. If you live in the country but your income arises outside Montenegro, the tax rate is an even more appealing round number – 0%.
Business in Montenegro
In his best-selling book, Nomad Capitalist, Andrew Henderson names Montenegro as one of the most business-friendly countries he has come across on his global travels. At a time when business is often seen as the enemy in the UK, it’s a breath of fresh air to find a country that welcomes entrepreneurs with open arms. How relocatable is your business? Any digitally based business could be based in Montenegro, and if you invest in some of the properties on this site you can frm a company to handle your rental income.