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Festive Season
February 15, 2024

Why Retirement in Montenegro Can Be a Blessing in Your Golden Years

Retirement is one of those things that are best when planned ahead. They call that time of life the golden years for a reason: that's when your lifelong hard work should pay off. And there's no better choice than relocating to one of the most beautiful countries in the world – Montenegro. This country features gorgeous nature and sea and has excellent living conditions perfect for everyone considering retirement.

Here is our list of reasons why Montenegro will be your retirement haven:

Favorable Geographical Position

Living in a country with sea access is a dream, and it's just time to make your dreams come true. Additionally, Montenegro is easily accessible by sea and land, with two international airports in the country - which makes it easy to go wherever you want whenever you want to.  

Beautiful Nature and Rich Cultural Heritage

You can choose how to spend your time in Montenegro. There are options for all dreams to come true. If you are the active type, rest assured that out-of-this-world wild nature has lots of excitement in store, and you'll never be let down once you start exploring the rich cultural heritage of this country. If you, on the other hand, prefer to rest and relax, there is a special kind of serenity you'll find here.

Affordable Cost of Living

The cost of living in Montenegro is affordable. It varies throughout the country – being lower in the northern/continental part and somewhat more expensive as you move towards the south to tourist centers on the coast – but it is still affordable.

Low Crime Rate

Montenegro is a safe place with a low crime rate. However, as retirement is the time when you should lead a worry-free and laid-back life, the best option is to choose a village-style resort with a closed community and 24-hour security, such as Portonovi Resort in Herceg Novi.

Potential EU Membership

Montenegro has begun the process of accession negotiation to the European Union. The changes being made as part of that process include adopting the euro as currency, which makes transactions easier.

Low Tax Rates

Montenegro is one of the European countries with the most favorable tax systems. This may be subject to change, but currently, personal and corporate taxes go from nine to 15 percent, and the income is taxed progressively, whereas the property tax ranges from 0.25 to one percent of the market value of the real estate, with exceptions that can be up to five percent. And what you’ll find most significant is that the pension tax is 0%!

Did we spark an interest in Montenegro for your retirement relocation option? There's more. We have mentioned Portonovi in one example, but if you look at the bigger picture, choosing Portonovi properties, you will find the best of Montenegro in one place. Surrounded by imposing mountains and an emerald sea, the resort is a perfect combination of Montenegro and state-of-the-art amenities, including a world-class spa, gym, private and communal pools, a rich calendar of events to choose from, and so much more.

Have a look at Portonovi's real estate offer, and you’ll start making your retirement plan today.

Register your interest

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