Montenegro income tax

Montenegro tax calculator

Enter your income to estimate what you would pay in Montenegro, as an employee or running your own company, and see the best-value cities. Get the full breakdown plus a vetted advisor by email.

How much is income tax in Montenegro?

Montenegro taxes personal income at rates up to 15%. Residents are taxed on worldwide income (bands of 0/9/15%); the first EUR 8,400 is exempt.

Compiled by MyNomadWorld for Montenegro and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.

Montenegro digital nomad visa

Temporary residence permit for digital nomads (Article 60a, Law on Foreigners)

• Income requirement: Proof of monthly income for the preceding year of not less than three minimum wages. Minimum wage is €600 (lower/medium education) or €800 (university graduate), so the floor is roughly €1,800-2,400
• Initial length: 24 months · renewable
• Max stay: Issued for up to 2 years, extendable for up to 2 more (max ~4 years); new permit only after a 6-month gap. Jan 2026 amendments require proof of the foreign company's registration abroad
• Tax on nomad income: Digital nomads (D visa / TRP holders) are exempt from Montenegrin personal income tax on foreign remote income
• Family / dependents: Yes

Official source: Temporary residence permit for digital nomads (Article 60a, Law on Foreigners) · as of 2026

Capital gains, wealth & property tax

• Capital gains: 15%
• Wealth tax: No wealth tax (an annual property tax applies)

Inheritance & gift tax in Montenegro

Around 3% on inheritances and gifts; first degree heirs, meaning a spouse and children, are exempt Exempt

Corporate tax & VAT

The standard corporate profits tax is 15%.

How to become a tax resident of Montenegro

Domicilio o centro de negocios/intereses vitales en Montenegro, o presencia >183 dias en el ano fiscal.

Cost of living & lifestyle

Cost of living is about 42% of the US level, with average purchasing power near $36k (PPP). Pick a city below to see its monthly climate and cost.

Banking in Montenegro

You will want a local or multi-currency account for rent, bills and getting paid.

For receiving income and moving money the day you arrive, Wise lets you hold and convert 40+ currencies and get paid like a local. Open a free Wise account →

Wise link is an affiliate link; we may earn a commission at no cost to you.

Climate & cost by city

Average monthly temperature (°C) and rainfall. Climate: Open-Meteo ERA5; cost of living: World Bank PPP (same-year pairing), omitted where unavailable.

Montenegro tax treaties

Montenegro maintains around 45 double taxation treaties in force. They generally follow the OECD Model Convention and reduce withholding tax on cross-border dividends, interest and royalties, so the same income is not taxed twice when you move, invest or earn across borders. That is a broad network, useful for internationally mobile earners and investors.

Major treaty partners

Chips with a link open the full withholding-tax detail for that treaty pair.

Approximate size of the DTA network; confirm the specific treaty and its terms before relying on it.

Montenegro tax treaty guides

Detailed double-tax-treaty guides (withholding rates on dividends, interest and royalties) are available for 11 of Montenegro's partners:

Albania · Azerbaijan · Bosnia and Herzegovina · China · Egypt · India · Iran · Moldova · North Macedonia · Sri Lanka · Ukraine