Montenegro

Montenegro, a well-liked vacation spot with an Adriatic shoreline and gorgeous beachside resorts, is beginning to catch the attention of expats and retirees. It is a desirable area to retire due to its lovely surroundings, European location, friendly residents, and affordable cost of living. Rents are around 75% cheaper than in the United States, while the average cost of living is 48% lower. The cost of living is 64% less expensive in Podgorica, the largest and capital city, than it is in New York, while housing costs are around 90% less expensive.

The government of Montenegro offers a variety of visa options, and there are rules for establishing permanent residency. Foreigners are permitted to purchase real estate, and Montenegro offers a number of incentives to promote investment. Montenegro is a NATO member and is anticipated to join the EU in the near future.

In Montenegro, there are both private and state healthcare options. Retirees and expats typically acquire private insurance, which may include medical evacuation, giving them the option of seeking treatment abroad if necessary.