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Nomad Score: 62%

Essentials

πŸ™οΈ City Budva is a coastal town located on the Adriatic Sea, known for its medieval architecture and vibrant nightlife.
πŸ‘₯ Population Approximately 20,000 residents.
πŸ’» Internet Speed Average internet speed is around 50 Mbps.
πŸ’Έ Currency & Banking Currency is the Euro (1 EUR β‰ˆ 1.07 USD). ATMs are widely available.
🚰 Tap Water Tap water is generally considered potable.
πŸ”Œ Power Electricity is 230V, 50Hz, with Type C/E sockets.
πŸ“Ά SIM Card Providers include Telenor and mts, offering packages starting at €10.
πŸ’³ Banking for Expats Revolut and local banks like Crnogorska Komercijalna Banka are commonly used.
πŸ›Œ Accommodation Options include hotels, hostels, and private rentals on platforms like Airbnb.
πŸ’³ Cashless Friendly Yes, cards are accepted widely at most establishments.
🏠 Short Term Rentals Airbnb and Booking.com are popular choices for short-term stays.
πŸ›οΈ Budget Accommodation Hostel Budva and The Wandering are affordable options.
πŸ™οΈ Best Area to Stay for Tourists The Old Town (Stari Grad) offers historical charm and proximity to attractions.
πŸ™οΈ Best Area to Stay for Digital Nomads Becici or the area near the marina provide a quieter environment with coworking spaces.

Working and Networking

🏒 Best Coworking Space COWO Budva offers a vibrant community and good facilities.
β˜• Best Cafe for Work Cafe Niko is a popular spot with reliable Wi-Fi and a warm atmosphere.
πŸ’Ό Networking Events Check local Facebook groups for upcoming meetups and events.
πŸ₯‚ Social Events for Expats Events are organized through Budva Expat Community on Facebook.

Transportation

πŸš• Best Taxi/Ride App Moj Taxi is the recommended ride-hailing app.
🚲 Bike/Scooter Rental Locals offer bike rentals near the beachfront for about €10 per day.
πŸ–οΈ Best Beach Nearby Mogren Beach is within walking distance and well-maintained.
✈️ Top Regional Airline Montenegro Airlines offers regional routes to other countries.
✈️ Top International Airline Air Serbia provides international connections.
πŸ›£οΈ Highway Access Budva is well-connected via E65 and E80 highways.
πŸš‰ Main Train/Transit Hub Podgorica is the closest major transit hub, approximately 65 km away.
🚍 Public Transport Passes Local buses run regularly; fares are around €1 per ride.
✈️ Regional Travel Buses to nearby cities like Kotor and Tivat are frequent and inexpensive.

Health and Wellness

πŸ₯ Best Hospital General Hospital Budva provides a range of medical services.
🧘 Yoga & Wellness Centers Yoga Budva offers classes for different skill levels.
πŸ‹οΈ Gyms & Fitness Centers Fitness Club Budva has modern equipment and diverse classes.
🧺 Laundry Services Laundry service is available at Clean & Green in the city center.

Food and Drink

πŸ“± Best Food Delivery App Wolt and Glovo cover food delivery in the area.
🍽️ Best Local Dish to Try Buzara, a local seafood dish, is a must-try at local restaurants.
🍱 Vegan/Vegetarian Options Restaurant Jadran offers a variety of vegetarian dishes.
🍫 Best Dessert Spots Café Duh is recognized for its delicious pastries and desserts.
πŸ›’ Affordable Shopping Spots Local markets near the Old Town provide fresh produce at good prices.
πŸ›’ E-commerce/Online Store Local sites like Tehnomax offer various consumer goods.
πŸ›’ Grocery Delivery Supermarket delivery is offered by Idea and Voli.
🍸 Bar/Nightlife Area Popular nightlife is found at Top Hill and Trocadero.
🍻 Local Brewery Montenegrin craft beers can be found at nearby breweries like Vujacic.
🍷 Wine Bars Wine Bar Nika offers a great selection of local wines.
🍲 Street Food Stalls Kebab kiosks are prevalent, offering tasty street food.
πŸ• Popular International Cuisine Mali Pub is a top-rated pub serving a variety of international dishes.

Culture and Attractions

🎟️ Must-See Landmarks The Citadel and St. John Church are iconic historical sites.
πŸ›οΈ Museums & Art Venues The Budva City Museum showcases local history and culture.
🏰 Historical Sites The Old Town is a UNESCO site with rich history.
πŸ• Religious Sites The Church of St. Mary in Punta is a notable religious site.
πŸŽ‰ Annual Events The Budva Carnival and Music Festival occur annually in summer.
🎨 Cultural Districts The Old Town serves as the cultural heart of Budva.
🎭 Theater Venues Theatre City hosts numerous performances and festivals.
πŸ›οΈ Local Markets The Budva market offers souvenirs, crafts, and local produce.
🎼 Music Scene Live music can be enjoyed at bars throughout the Old Town.
🎨 Street Art Urban art can be spotted in various alleys of Budva.
πŸ§‘β€πŸ³ Cooking Classes Cooking classes are available at local culinary schools.
πŸ‘©β€πŸŽ¨ Art Galleries Gallery A begins hosting various local artists exhibits.
πŸ•°οΈ Historic Buildings The buildings within the Old Town showcase Venetian architecture from the 15th century.
🏴 Local Heritage Budva's heritage is influenced by its historical connections with Greece and Italy.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes Sveti Nikola Island provides hiking and snorkeling opportunities.
🏞️ National Parks Nearby Durmitor National Park is about a 2-hour drive, known for stunning nature.
🚲 Cycling/Walking Paths Budva has coastal promenades ideal for walking and cycling.
πŸŒ„ Scenic Viewpoints The viewpoint near Mogren Beach offers incredible views of the coastline.
πŸ¦‰ Birdwatching Locations Various spots along the coast provide great birdwatching opportunities.
πŸ”₯ Bonfire-Friendly Spots Designated areas on beaches are available for bonfires.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service DHL and local postal services provide reliable parcel delivery.
πŸ› οΈ Tech Repair Services IT services can be found at several local shops around the Old Town.
πŸ“ Table Tennis Spots Public tables are available in some parks.
πŸ§‘β€πŸ« Language Classes Local language schools provide courses in Montenegrin and English.
πŸ“š Libraries & Study Spots The local library offers study spaces and internet access.
🏘️ Community Centers Cultural center Puőka offers community events and classes.
πŸ•ΉοΈ Gaming Lounges Local gaming cafe is available for community and eSports.
🎰 Casino & Gaming Halls Casino Royale is a popular destination for gaming in Budva.

Business

🏒 Studio Purchase Price (City Center) Approx. €2,500 per mΒ² (e.g., 40 mΒ² = €100,000).
🏒 Studio Purchase Price (Outside City) Approx. €1,800 per mΒ² (e.g., 40 mΒ² = €72,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. €2,800 per mΒ² (e.g., 60 mΒ² = €168,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,200 per mΒ² (e.g., 60 mΒ² = €132,000).
🏑 2-Bedroom Purchase Price (City Center) Approx. €3,200 per mΒ² (e.g., 80 mΒ² = €256,000).
🏑 2-Bedroom Purchase Price (Outside City) Approx. €2,600 per mΒ² (e.g., 80 mΒ² = €208,000).
πŸ’Ό Corporate Tax 9% corporate tax rate.
πŸ’΅ Dividend Withholding Tax 9% tax applied to dividend distributions.
🏦 Tax System Residents are taxed on worldwide income.
πŸ“ˆ Highest Income Tax Bracket Personal income tax rate can go up to 15%.
🧾 VAT The standard VAT rate is 21%.
🌐 Controlled Foreign Company (CFC) Rules Montenegro does not impose strict CFC rules.
🏠 Property Tax Annual property tax is based on a percentage of the property's value.
🏠 Property Transaction Tax The property transaction tax is 3%.
πŸ’» Attractive Tax System for Digital Nomads There are favorable conditions for digital nomads, including residency options.

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