British ex-pats looking to escape Spain’s 100% tax for non-EU residents by buying a property are heading to this “up and coming” European country with white sandy beaches and rolling green hills. Those with a dream to buy property in Spain may have their plans shattered if a new law is introduced. There are currently over half a million Brits living in Spain but those with plans to buy a property in future may want to consider the stunning mountain ranges and Adriatic coast of Montenegro.
One travel and finance expert said that with relocating to Spain “becoming very hard for Brits”, Montenegro is a tempting alternative. Laura Evans-Fisk, at eurochange commented: “Montenegro is an up and coming destination with a stunning coastline, boasting bright blue waters, white sandy beaches and breathtaking mountain ranges on the Adriatic coast. “With a very similar climate to southern Spain, it’s a great option for expats looking for a more secluded but equally beautiful place to live.
” If dreams of Spain’s cheap evenings on a beachfront with a Temperanillo linger, Montenegro offers a similar deal. Laura continued: “Montenegro offers a very affordable cost of living , with total bills equating to around €107.00 for a city centre apartment.
“For those who might even consider starting up a business as an expat, there are plenty of investment opportunities due to its growing tourism sector too.” Spain’s latest move is one of many laws and financial regulatio.
