Selling property in Montenegro as a foreigner: a flat rate on the gain, the buyer's transfer tax, a euro exit.
// Short answer
A foreign seller in Montenegro pays tax on the gain, at 15% according to PwC, unless the property was the seller's only and main residence. The transfer tax on the sale is the buyer's, not the seller's. The sale is signed as a notarial deed, and no restriction on taking the euros out was found.
Rules and rates as of September 2026. Montenegro changed its residence rules in January 2026 and is negotiating EU membership, and official sources disagree on the income tax rate, so check the dated items again before you sign. Every figure links to its source.
On this page
How much tax do you pay on selling property in Montenegro?
PwC, reviewed August 2026, gives 15% on the difference between the sale price and the acquisition price, as capital gains in the other-income category. A government explainer page still shows the pre-reform 9%, so confirm the rate with a Montenegrin accountant before the sale.
Where the payer is a withholding agent the tax can be withheld; otherwise it goes through the annual return, due by the end of April for the previous year.
Sources
Which property sales are exempt from gains tax in Montenegro?
Per PwC: the sale of the taxpayer's only and main residence; transfers between spouses on marriage, divorce or inheritance; and gifts to first-degree relatives.
Check with a Montenegrin accountant whether your sale qualifies before you set the price.
Does the seller pay transfer tax in Montenegro?
No. Under the Law on Real Estate Transfer Tax, the acquirer is the taxpayer. The buyer files the return within 15 days of the contract and pays on filing.
The banded rates the buyer pays: Montenegro property buying costs.
Who can a foreigner sell Montenegro property to?
To domestic persons, and to foreigners who are allowed to acquire that property. So a foreign owner of an apartment can sell to another foreign buyer.
The sale must be a notarial deed, and the buyer becomes owner on registration in the cadastre: the list nepokretnosti, explained.
Can a foreigner take the sale money out of Montenegro?
No restriction was found. No currency-control approval or repatriation limit on sale proceeds was identified in the sources read. Montenegro uses the euro and is part of SEPA.
Cash of €10,000 or more carried across the border must be declared. The money-in side: transferring money to Montenegro for a property.
Sources
// Buying in Montenegro?
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See the $499 report, page by pageFrequently Asked Questions
What is capital gains tax on property in Montenegro?
Is selling my home in Montenegro tax-free?
Who pays transfer tax when I sell in Montenegro?
Can I sell my Montenegro apartment to another foreigner?
Header photo: Gzzz, CC BY-SA 4.0, via Wikimedia Commons. All credits: image credits.