Factor scores

How Montenegro performs

Tax

88.7

Very strong

Light taxes. Montenegro has one of the lightest tax burdens in the index, 25th of 123. You keep more of what you earn here than in most countries we cover. Personal income tax 0-15%, corporate tax 9-15%, VAT 21%.

Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)

Safety

66.6

Strong

Safe. Montenegro is safer and more stable than most countries we cover (28th of 117).

Source: Institute for Economics and Peace, Global Peace Index

Cost of Living

79.0

Very strong

Average cost. Everyday costs are mid-table: Montenegro is 63rd of 118.

Source: Numbeo Cost of Living Index

Education

43.0

Weak

Average education. Education is mid-table: Montenegro is 50th of 120.

Source: UNDP & MBRF, Global Knowledge Index

Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.

Tax and citizenship

The detail behind the scores

Taxation

Corporate income tax	9-15% Applicable tax rate varies based on the amount of income
Personal income tax	0-15% Applicable tax rate varies based on the amount of income
Standard VAT	21%

Rates change without notice. Confirm with the relevant tax authority before acting.

Naturalization Requirements and Immigration Pathway

Residence for naturalization: 10 years
Language requirement: Yes
Proficiency in Montenegrin language
Investment Immigration Pathway: Montenegro Temporary Residence for the Exercising of the Right to Dispose of Real Estate
Official language: Montenegrin
Dual citizenship: Allows with conditions

Compare

Elsewhere in Europe

#2 baseline

North Macedonia

Baseline score 72.3

#3 baseline

Bulgaria

Baseline score 71.8

#9 baseline

Romania

Baseline score 70.7

#11 baseline

Bosnia and Herzegovina

Baseline score 70.2