Purchasing real estate in Montenegro is accompanied by important tax issues of interest to investors. In this context, we will consider innovations in the tax system of Montenegro in 2024 regarding the acquisition of both primary and secondary housing.

Since the beginning of 2024, changes have been introduced in Montenegro regarding the tax on the purchase of real estate. It is important for buyers to know how these changes will affect their financial obligations.

The amendments provide that the tax on the acquisition of real estate up to 150,000 euros will remain at 3%. However, for objects costing:

- From 150,001 to 500,000 euros, the tax will be 4,500 euros plus 5% of the amount over 150,001 euros.
- Over 500,001 euros, the tax will be 22,000 euros plus 6% of the amount over 500,001 euros.

These steps are aimed at strengthening the economic position of Montenegro and bringing its tax system closer to European standards. Despite tax increases, Montenegro maintains some of the lowest tax rates in Europe.