Owing to a bilateral agreement, British state pensioners receive full benefits anywhere in the former Yugoslavia. So far, it does not sound different from Spain or Greece. But here go the additional attractions:- Montenegro is a tax haven.
Foreigners may form Montenegrin companies without participation of Montenegrin nationals and hence can take advantage of the 9% rate of Corporation Tax. Furthermore, there is no capital gains tax in Montenegro at this time. The introduction of such levy is planned for some time in the future, but at a rate of only 7.5%, i. e. of less than a quarter of the EU average. Stamp duty for the acquisition of real estate stands at 2% and there are no restrictions for foreigners to buy houses.
The country has good banking facilities. Funds can be moved unfettered in and out of the country.
source:britishexpats.com
While royalties and capital gains are also subject to the 9% rate, there are no surtaxes or minimum taxes for companies doing business in Montenegro.
There are also no stamp duties.
Montenegro also offers relief from taxes on foreign source income under an extensive network of tax treaties, although the United Kingdom and most countries in Europe dominate the list, along with China, Korea, India, and Malaysia, and some African countries. The United States, Canada, and Australia are not on the list.
source:nomadcapitalist.com