{"id":46631,"date":"2022-10-17T16:45:34","date_gmt":"2022-10-17T21:45:34","guid":{"rendered":"https:\/\/www.escapeartist.com\/?page_id=46631"},"modified":"2022-10-18T06:14:25","modified_gmt":"2022-10-18T11:14:25","slug":"46631-2","status":"publish","type":"page","link":"https:\/\/www.escapeartist.com\/46631-2\/","title":{"rendered":"Montenegro An Interesting Place To Be!"},"content":{"rendered":"
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If these times have taught us anything it is that having a backup plan is crucial. The most common backup residencies that are marketed online are typically Panama, Nicaragua, Thailand, Malaysia, Georgia, and, for Americans, Puerto Rico. They are all great in their respective ways.<\/p>\n
A small country on the Adriatic coast is flying under the radar. It isn\u2019t quite as advantageous from a fiscal point of view but has a lot to offer.<\/p>\n
Montenegro, an ex-Yugoslav country, is nestled between Croatia, Serbia, and Albania on the Adriatic coast. It is a small jewel of a nation. Think Croatia, but more affordable, less bureaucratic, and with more to offer relative to its small size.<\/p>\n
It is a young nation of 600,000 souls, which attained independence from Serbia in 2006. For all Westerners reading Escape Artist Insiders, do note that NATO bombed the country in 1999 (when it was still part of Serbia) and killed a number of civilians. It isn\u2019t too much of a topic these days, and you won\u2019t feel the ramifications as a citizen of the aggressors.<\/p>\n
WHY IS MONTENEGRO INTERESTING AS A PLAN B?<\/strong><\/p>\n On the Montenegrin coast, you will find old towns like Budva and Kotor, great fishing, cute pebbled beaches, quaint villages, as well as luxury yacht marinas and developments.<\/p>\n Inland, you will encounter endless mountains (the name Montenegro means black mountain) and stunning national parks that offer great hiking and rafting.<\/p>\n You can go skiing in Winter – there are multiple ski resorts. Granted, it\u2019s not the Alps, but for less than $30 a day, you get a ski pass and ski equipment rental.<\/p>\n Three hours later, you can be downing beers or wine in a shirt on the Adriatic Coast.<\/p>\n Budva, a \u201cbig\u201d, slightly tacky, resort town has two Russian schools, which are a more affordable option, and typically offer better quality STEM classes.<\/p>\n If you want your children to learn Russian, this could be a good opportunity. If you\u2019re on a budget, merely being a resident of Montenegro entitles your children to near-free state education in Montenegrin. The schools are good – certainly no worse than the indoctrination camps back in North America. You\u2019ll probably just need to hire a tutor to help your children with the language.<\/p>\n The capital, Podgorica, has a good international airport with direct flights to all over Europe on a regular basis. As much as I like to say positive things about Montenegro, I must say that Podgorica is potentially the least interesting capital city in Europe. In my mind, it\u2019s just an airport.<\/p>\n This is one of Montenegro\u2019s key competitive advantages. Unlike Georgia, which is a 4-hour flight away from Central Europe and 6-7 hours away from Paris and London, Montenegro is a short 1h flight away from Vienna and a 2h flight away from Paris. Many low-cost airlines fly to Montenegro, thus rendering traveling around the continent good value.<\/p>\n Montenegro also launched a citizenship by investment program. You need to invest 450,000 euros in some specific coastal real estate developments, or 250,000 euros in some specific inland real estate developments, AND make a donation of 100,000 euros.<\/p>\n Honestly, it\u2019s a bit overpriced, but it nevertheless speaks to the open-mindedness of the authorities to foreign capital.<\/p>\n If you need a lawyer to help you with your real estate purchase in Montenegro, to obtain a residence permit, or to create a local company, feel free to get in touch with me. I work with a good lawyer who is fluent in English.<\/p>\n I PERSONALLY OWN REAL ESTATE IN MONTENEGRO FOR THREE REASONS<\/strong><\/p>\n IS THERE ANY RISK IN MONTENEGRO?<\/strong><\/p>\n Montenegro is a very safe country. You can let your children run around and nothing will happen to them. There was some political turbulence recently but a new government has been democratically elected, and the recent lockdown has left the economy in a dire state. Nowhere is perfect nowadays. All you can do is stay diversified and never be all-in on anything.<\/p>\n A GREAT EUROPEAN PLAN B FOR NORTH AMERICANS<\/p>\n Living in Europe is a dream for many North Americans. I understand \u2013 the lifestyle is fantastic if you have the means for it. But visas are often an issue, especially in the European Union, not to mention taxes.<\/p>\n Montenegro is therefore the perfect solution. You can live in Montenegro, use it as a base, and still get to spend two to three months in the EU every year.<\/p>\n","protected":false},"excerpt":{"rendered":" Montenegro as a Plan B by Ladislas Maurice If these times have taught us anything it is that having a backup plan is crucial. The most common backup residencies that are marketed online are typically Panama, Nicaragua, Thailand, Malaysia, Georgia, and, for Americans, Puerto Rico. They are all great in their respective ways. A […]<\/p>\n","protected":false},"author":702,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false,"footnotes":""},"yst_prominent_words":[37421,37424,37417,37422,2937,22357,37419,3041,4324,37416,37413,37423,37414,37425,37418,37420,5802,1878,25061,37415],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/pages\/46631"}],"collection":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/users\/702"}],"replies":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/comments?post=46631"}],"version-history":[{"count":4,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/pages\/46631\/revisions"}],"predecessor-version":[{"id":46636,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/pages\/46631\/revisions\/46636"}],"wp:attachment":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media?parent=46631"}],"wp:term":[{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/yst_prominent_words?post=46631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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