Russian-speaking buyers of overseas real estate – 2023
As of the beginning of 2023, the activity of Russian-speaking property buyers in various foreign countries has more than doubled compared to activity levels at the beginning of 2022.
Statistics: In 2022, Russians bought up thousands of apartments in Turkey, Georgia, and Dubai
The authorities of Turkey and Georgia reported a record number of real estate deals concluded by Russians in these countries during the 12 and 9 months of 2022, respectively. The high activity of buyers from Russia was noted by official sources from Thailand and Spain based on the data on registration of ownership rights in 2022.
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Where Russians want to live, work and retire: popular countries in 2021
For Russians, Canada and the US are the top destinations to immigrate to in 2021. At the same time, Russian citizens would prefer to own real estate in Turkey or Spain and to retire in Germany
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Getting citizenship of Montenegro by investment
In 2019, the government of Montenegro launched a citizenship by investment programme in order to increase the economic activity of foreign investors. The programme was intended to last 3 years and already closes this year. Foreigners have time to apply until December 31 but we advise you to do it as soon as you can.
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How Brokers From the Backwoods of Russia Sold Apartments in Miami during the Pandemic
Closed borders and lockdowns have made it nearly impossible to buy and sell international real estate as before the coronavirus pandemic. Nevertheless, the sales team of real estate brokerage Tranio found a way to fulfil their plan and carry out cross-border real estate transactions remotely.
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Visas, residence permits and citizenship in Montenegro
Tranio reviews residence permit in Montenegro, the ways to get it and all of the requirements.
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Taxes in Montenegro
Taxes in Montenegro are relatively low. Individuals pay income tax at 11% if their monthly income is above average (about €750 a month) and at 9% if it falls below. Such rates apply to both residents and non-residents.
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Property maintenance costs in Montenegro
Real estate maintenance costs in Montenegro are rather low for Europe. For example, the owner of a two-bedroom apartment in a modern residential complex who lives there from May to October would only pay about €1,500 per year to maintain the property.
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Buying and registering property in Montenegro
Montenegro, the little explored ‘gem of the Adriatic’, has ancient cities and bays nestled in the coastal folds of its majestic mountains. With reasonable prices and many locations to choose from, there’s property in Montenegro for everyone.
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Mortgages in Montenegro
It is relatively difficult for foreign nationals to obtain real estate loans in Montenegro. Erste Bank is the only bank that works with foreign buyers; however, it only grants loans to foreigners who have residence permits.
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Property prices in Montenegro in 2024
Montenegro is popular among tourists for its natural beauty, historic sites and ancient cities of Kotor, Herceg Novi and Tivat. Tranio reviews real estate prices and sought after destinations.
European limitations on foreign property purchases
In Europe, no law prohibits foreign citizens from buying property but certain countries have put limitations on this right.
Montenegro to launch a citizenship by investment programme
To obtain a Montenegrin passport, investors must buy local property for €250,000 in the north of the country or €450,000 in the south and put €100,000 into a special fund for national development.
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Education in Montenegro
Studying in Montenegro has the advantage of low tuition fees, low competition to get in along with diplomas recognised in Europe.
Safe havens: purchasing overseas property in a world rattled by security threats
For overseas property investors that have been shaken by recent terrorist attacks and other security threats, Tranio weighs in on some of the world’s most tranquil property markets.
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