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Kotor, Montenegro 🇲🇪
#1076 ,

Nomad Score: 64%

Essentials

🏙️ City Kotor is a historic coastal town located in the Bay of Kotor, known for its well-preserved medieval architecture and stunning natural scenery.
👥 Population Approximately 13,500 inhabitants.
💻 Internet Speed Average internet speed is around 30 Mbps, sufficient for remote work.
💸 Currency & Banking Currency is Euro (EUR); 1 EUR ≈ 1.07 USD.
🚰 Tap Water Tap water is drinkable and safe.
🔌 Power Electricity is 230V, 50Hz, with Type C/E sockets.
📶 SIM Card Mobile providers include Telenor and M:tel, offering prepaid SIM cards.
💳 Banking for Expats International banking services are available; popular options include Raiffeisen Bank and OTP Bank.
🛌 Accommodation Various options available from hostels to private apartments on platforms like Airbnb and Booking.com.
💳 Cashless Friendly Yes, cards are accepted widely; however, some places may only take cash.
🏠 Short Term Rentals Airbnb and local rental agencies provide short-term options.
🛏️ Budget Accommodation Hostel Kotor is a popular choice for budget travelers.
🏙️ Best Area to Stay for Tourists Kotor Old Town is highly recommended for its historical significance and attractions.
🏙️ Best Area to Stay for Digital Nomads Areas near the waterfront and Old Town are ideal for digital nomads due to their quiet environment and accessibility.

Working and Networking

🏢 Best Coworking Space COWO Kotor is a prominent coworking space with a vibrant community.
Best Cafe for Work Cafe Nauta offers reliable Wi-Fi and a great ambiance for working.
💼 Networking Events Regular events are held at local cafes and coworking spaces; check Meetup.com for updates.
🥂 Social Events for Expats The Kotor Expat Community on Facebook frequently organizes meetups and events.

Transportation

🚕 Best Taxi/Ride App Taxi Kotor is a reliable taxi service; Uber is not available.
🚲 Bike/Scooter Rental Bike rental is available at several local shops; Scooter rentals can be found through local agencies.
🏖️ Best Beach Nearby The nearest beach, Plaza Dobrota, is about 10 minutes away.
✈️ Top Regional Airline Montenegro Airlines operates flights from Tivat Airport, about 10 km away.
✈️ Top International Airline Air Serbia and easyJet provide international connections.
🛣️ Highway Access The E65 highway connects Kotor to other major cities in Montenegro.
🚉 Main Train/Transit Hub Kotor does not have a train station; buses are the primary transit method.
🚍 Public Transport Passes Monthly passes for local buses are available but not commonly used due to limited routes.
✈️ Regional Travel Buses connect Kotor with major cities like Podgorica, Budva, and Herceg Novi.

Health and Wellness

🏥 Best Hospital The Kotor General Hospital provides medical services to residents and tourists.
🧘 Yoga & Wellness Centers Yoga Studio Kotor offers classes in a serene environment.
🏋️ Gyms & Fitness Centers Fitness Center Kotor has good facilities and membership options.
🧺 Laundry Services Laundromats are available, and some hotels offer laundry services.

Food and Drink

📱 Best Food Delivery App Wolt and Glovo deliver food in Kotor.
🍽️ Best Local Dish to Try Try the seafood risotto and black risotto, local specialties in Kotor.
🍱 Vegan/Vegetarian Options Restoran Astoria offers vegetarian-friendly options.
🍫 Best Dessert Spots Café Pizzeria Pronto is famous for its desserts and pastries.
🛒 Affordable Shopping Spots Local markets offer fresh produce and affordable goods, especially during the summer season.
🛒 E-commerce/Online Store Shopify and local e-commerce platforms are available for various needs.
🛒 Grocery Delivery Online grocery shopping is limited; local supermarkets provide good in-store options.
🍸 Bar/Nightlife Area Old Town Kotor has several bars and restaurants that come alive at night.
🍻 Local Brewery Kotor Brewery offers local craft beer tours.
🍷 Wine Bars Wine Bar Le Diligence offers a selection of Montenegrin wines.
🍲 Street Food Stalls Street vendors near the Old Town serve local snacks and fast food.
🍕 Popular International Cuisine Various restaurants offer Italian and Mediterranean cuisine along the waterfront.

Culture and Attractions

🎟️ Must-See Landmarks Visit Kotor Fortress and St. Tryphon Cathedral for breathtaking views and rich history.
🏛️ Museums & Art Venues The Maritime Museum of Kotor showcases the city's seafaring history.
🏰 Historical Sites The Kotor Old Town is a UNESCO World Heritage site filled with historic architecture.
🕍 Religious Sites Visit the Church of St. Nicholas and the Cathedral of Saint Tryphon.
🎉 Annual Events Kotor Carnival in February and Boka Night in July are popular local festivals.
🎨 Cultural Districts The Old Town is rich with cultural heritage, featuring numerous art galleries and artisan shops.
🎭 Theater Venues Kotor has a small theater that hosts cultural performances throughout the year.
🛍️ Local Markets The daily market near the Old Town offers local produce and handmade crafts.
🎼 Music Scene Music events frequently occur during the summer months, especially in the Old Town square.
🎨 Street Art Various street art pieces can be found along the walls of Old Town.
🧑‍🍳 Cooking Classes Local culinary schools offer classes in traditional Montenegro cuisine.
👩‍🎨 Art Galleries Gallery 11 is a contemporary art space featuring local and international artists.
🕰️ Historic Buildings Explore the rich architecture in Kotor's Old Town, including the Clock Tower and numerous palaces.
🏴 Local Heritage Kotor's heritage is linked to seafaring and trade history; the coastal culture is very prominent.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Explore the Bay of Kotor and surrounding mountains; the nature is stunning and ideal for hiking.
🏞️ National Parks Nearby Lovćen National Park is accessible within an hour's drive.
🚲 Cycling/Walking Paths Walking paths along the waterfront and cycling routes in the surrounding hills.
🌄 Scenic Viewpoints The viewpoint from the Kotor Fortress gives panoramic views of the bay.
🦉 Birdwatching Locations Birdwatching is popular around the wetlands near the bay.
🔥 Bonfire-Friendly Spots Some beach areas along the bay are designated for bonfires; check local regulations.

Other Services and Amenities

📦 Parcel Delivery Service DHL and local Montenegrin services provide delivery options.
🛠️ Tech Repair Services Local businesses offer tech support and repair services.
🏓 Table Tennis Spots Table tennis is available in several local parks.
🧑‍🏫 Language Classes Local language schools offer classes in Serbian.
📚 Libraries & Study Spots The Kotor Library provides a quiet place for reading and study.
🏘️ Community Centers Cultural center in Kotor hosts various community events and workshops.
🕹️ Gaming Lounges A few cafes offer gaming options; however, dedicated gaming lounges are limited.
🎰 Casino & Gaming Halls There are a couple of casinos in the vicinity, including Casino Royale.

Business

🏢 Studio Purchase Price (City Center) Approx. €2,200 per m² (e.g., 40 m² = €88,000).
🏢 Studio Purchase Price (Outside City) Approx. €1,800 per m² (e.g., 40 m² = €72,000).
🏠 1-Bedroom Purchase Price (City Center) Approx. €2,500 per m² (e.g., 60 m² = €150,000).
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,300 per m² (e.g., 60 m² = €138,000).
🏡 2-Bedroom Purchase Price (City Center) Approx. €2,800 per m² (e.g., 80 m² = €224,000).
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,600 per m² (e.g., 80 m² = €208,000).
💼 Corporate Tax 9% corporate tax rate.
💵 Dividend Withholding Tax 9% withholding tax on dividends.
🏦 Tax System Montenegro has a flat tax system; personal income tax is also 9%.
📈 Highest Income Tax Bracket 9% for all income.
🧾 VAT 21% standard VAT rate.
🌐 Controlled Foreign Company (CFC) Rules No specific CFC rules are currently enforced.
🏠 Property Tax Property tax is levied at varying rates, typically around 0.25%.
🏠 Property Transaction Tax 3% property transaction tax applicable.
💻 Attractive Tax System for Digital Nomads Digital nomads benefit from a low tax rate environment, making it appealing for long-term stays.

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