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15.11.2024

Real Estate Purchase Tax in Montenegro: What You Need to Know

When buying property in Montenegro, it's important to consider the tax obligations. The main provisions of the real estate purchase tax are regulated by the Law on Real Estate Turnover Tax, with amendments effective from January 2024. 1. Obligation and Calculation Methods of the Tax The real estate turnover tax is payable upon each acquisition of ownership rights to real estate in...