Emigrating from Germany to Montenegro: tax and cost of living

Compared by dimension

On an average Germany income of €50,400 gross per year, you keep €36,504 net in Montenegro: a difference of €4,259 per year compared with Germany.

• Tax: on this income Montenegro lands at an effective rate of about 28%, against 36% in Germany.
• Passport and mobility: from Montenegro you travel visa-free to 125 countries.
• Residency: on our accessibility scale Montenegro scores 87 out of 100 for obtaining residency.
• Living environment: banking, internet, safety and healthcare together give Montenegro a living-environment score of 63 out of 100.

The tax regime in Montenegro

Montenegro taxes residents progressively from 0% to 15% on worldwide income (0% up to €8,400, 9% up to €12,000, 15% above), with a municipal surtax of 13% (15% in Podgorica) on the tax amount; corporate tax runs from 9% to 15%, there is no wealth tax, VAT is 21% and the country uses the euro.

Residency and visas in Montenegro

Residence is easiest through buying property (a temporary residence permit when you own a home) or via a company; permanent residence after five years, naturalisation after about ten years. The citizenship-by-investment programme closed at the end of 2022.

• Tijdelijke verblijfsvergunning via eigendom van vastgoed (woning van elke waarde) of via een eigen vennootschap/werk; jaarlijks verlengbaar · 5 years to permanent residency
• Permanente verblijfsvergunning na vijf jaar legaal verblijf; naturalisatie na doorgaans tien jaar, met afstand van andere nationaliteit (het burgerschap-door-investering programma sloot eind 2022) · 5 years to permanent residency

Frequently asked questions

What is the financial difference between Germany and Montenegro?

On an average Germany income it differs by roughly €4,259 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.

Is this tax advice?

No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.

What sources is this based on?

The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.