Russians are currently the most active foreign buyers of property in Montenegro

The flat individual income tax rate was reduced from 15 percent to 12 percent as of January 2009 and will be further reduced to 9 percent in 2010.

The use of Euro as a legal currency

Not member of the EU yet

The global economic crisis has affected the two largest exporters in the country, KAP (Aluminum smelter, Russian-owned KAP, is the country’s largest exporter, with 40% of industrial production)

The average salary in Montenegro is only 470 euros.