๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ฒ๐Ÿ‡ช Montenegro

Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs

Quick Comparison

Factor๐Ÿ‡น๐Ÿ‡ญ Thailand๐Ÿ‡ฒ๐Ÿ‡ช Montenegro
Tax SystemTerritorial (changing)Low Tax
Income Tax (Foreign)0-35% (local income)9-15%
Capital Gains Tax0% (foreign, if not remitted)9%
Corporate Tax20%9%
Residency RequirementLTR Visa ($80k/year income)Property or company
Minimum Stay180 days for tax residency183 days
Cost of LivingLow ($1,200-2,500/mo)Low ($1,200-2,200/mo)

๐Ÿ‡น๐Ÿ‡ญ Thailand

Highlights

  • โœ…Amazing lifestyle
  • โœ…Low cost of living
  • โœ…Great food and culture
  • โœ…Digital nomad friendly
  • โœ…Good healthcare

Considerations

  • โš ๏ธTax rules changing in 2024
  • โš ๏ธVisa can be complex
  • โš ๏ธLanguage barrier

Best For

  • ๐Ÿ‘คLifestyle seekers
  • ๐Ÿ‘คDigital nomads
  • ๐Ÿ‘คRetirees

๐Ÿ‡ฒ๐Ÿ‡ช Montenegro

Highlights

  • โœ…Very low tax rates
  • โœ…Beautiful coastline
  • โœ…EU candidate country
  • โœ…Easy residency
  • โœ…Growing tourism

Considerations

  • โš ๏ธSmall country
  • โš ๏ธNot EU yet
  • โš ๏ธInfrastructure developing

Best For

  • ๐Ÿ‘คEU hopefuls
  • ๐Ÿ‘คBeach lovers
  • ๐Ÿ‘คLow-tax seekers

Which Should You Choose?

Choose Thailand if: You prioritize amazing lifestyle and low cost of living. Ideal for lifestyle seekers, digital nomads, retirees.

Choose Montenegro if: You prioritize very low tax rates and beautiful coastline. Ideal for eu hopefuls, beach lovers, low-tax seekers.

Not Sure Which is Right for You?

Take our free eligibility assessment to see which tax residency program fits your situation.