How to Get Montenegro Residency: The Ultimate Guide 2024
This article looks at Montenegro residency, the different ways to obtain residency in Montenegro and some of the benefits it offers. Montenegro is a country we at Nomad Capitalist have…
Nomad Rank
Total Score
Country
Montenegro
Capital City
Podgorica
Language
Montenegrin
Currency
Euro
Region
Europe
Landlocked
No
Budva, Montenegro beach is currently ranked as 9 with a total score of 41.00. Budva, Montenegro beach ranking relative to other popular beaches is calculated by relying on data from over thirty unique sources to create the perfect ranking system. The Nomad Beach Index ranks beaches by aggregating beach beauty, services, taxation, immigration, and safety as most aspiring global citizens are not looking for a place where they can take the best photos to upload to Instagram for everyone to see. Instead, they work and live overseas and are considering how the place they are going to call “home” will affect their lives.
40 | 40 | 40 | 40 | 50 |
Beauty | Services | Taxes | Immigration | Safety |
While it is not the whole equation, people obviously want to go to a place that is gleaming with natural beauty. We have not left this out of our formula! We have considered every single thing that a globally mobile entrepreneur might need when choosing the perfect beach location. We have combed through the most popular beach rankings like Condé Nast Traveler, Travel and Leisure, Global Traveler, and more to compile their rankings into one overall rating that would reflect the beauty and the essence of Budva, Montenegro. We assigned Budva, Montenegro a Beauty score of 40, meaning that Budva, Montenegro beach can be considered as beautiful.
Another vital factor that you should consider is the type and variety of services that you can expect to receive in Budva, Montenegro. This ranking looks at the diversity of the options provided by Budva, Montenegro while checking the more critical aspects like airport size and capabilities. Some of the most basic services are also touched upon, like dry cleaning, cell phone reception, ATMs, and so much more! We assigned Budva, Montenegro a Beauty score of 40, meaning that services in Budva, Montenegro beach can be considered as diverse.
You do not have to live in the United States, Canada, Australia, the United Kingdom, or the other legacy brand countries, but are you sure that Montenegro is the best option for you? If you are a seven or eight-figure entrepreneur or investor, or if you simply consider yourselves a “Nomad Capitalist”, then you should take advantage of your possibilities and let our experienced team create and implement a bespoke, holistic strategy for you to legally reduce your tax rate offshore, protect your assets, invest overseas, and obtain a second citizenship.
BECOME A CLIENTA country’s taxation policies can be one of the most important factors that a globally mobile entrepreneur must consider. In this ranking, we have looked at the taxation policies in Budva, Montenegro, where successful entrepreneurs and investors travel and how the duration of their stay could impact their taxation. A country like the United States that has worldwide citizenship-based taxation received the lowest score of 10 while countries with zero-tax systems received the highest score of 50. It is essential to dissect a country’s taxation policies before choosing the perfect location to move to, even temporarily. We assigned Budva, Montenegro a Taxes score of 40, meaning that taxes in Budva, Montenegro don’t tax foreign incomes of resident citizens.
For most people who consider themselves Nomad Capitalists, choosing the perfect beach location is one of the critical elements to their second passport portfolio strategy. You might be looking for a location for a temporary base, or you might be looking for a country to get your second passport – either way, a country’s immigration laws are crucial elements to consider. Countries that offer citizenship by investment rank the highest for this factor. Meanwhile, the countries that give out residencies via investment have a score of 40 and the countries that are the most difficult for immigration are ranked at the bottom. We assigned Budva, Montenegro an Immigration score of 40, meaning that immigration in Budva, Montenegro is allowed via residence by investment.
Obviously, safety is not to be forgotten. It is best to consider each beach location’s safety since it can affect your freedom and personal well-being. There could be countries in the world with some of the best beaches, but if the location is unsafe, then there will not be any globally mobile entrepreneurs to visit them. In this factor, we look at all safety-related issues, like how safe it is to travel alone, and how secure it is for families and any common crime incidents that involve tourists in Budva, Montenegro. We assigned Budva, Montenegro a Safety score of 50, meaning that Budva, Montenegro is very safe.