Why Montenegro?
Montenegro is a tiny Balkan country in Eastern Europe, sandwiched between Serbia, Bosnia and Herzegovina, Kosovo, Albania, and Croatia. It’s...
Read moreKathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.
For starters, property owners are required to pay an annual tax to the Argentine government regardless of whether the owner resides in the country or has a visa.
The bonus is on the owner to pay this tax each year, as reminders are not sent out.
Argentine residents are subject to income and wealth taxes as well as social security contributions.
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Permanent residents pay taxes on all income both within and outside Argentina. Others who are required to pay income tax are those earning income in Argentina with a local salary, or through dividends, interest, royalties, or rentals.
However, if you are employed by an Argentine company, you do not have to file a tax return in the country, as your employer does that automatically. Income tax for rental properties is a flat 21%.
Income tax rates are 9% to 35% for residents and 24.5% for nonresidents.
Most importantly, there is no inheritance tax in Argentina with the exception of two provinces that levy one. Capital gains tax rates are 0% to 15%, and VAT is 21%.
Montenegro is a tiny Balkan country in Eastern Europe, sandwiched between Serbia, Bosnia and Herzegovina, Kosovo, Albania, and Croatia. It’s...
Read moreRetire To The World's Most Passionate City "Buenos Aires is one of the world's most beguiling places, best known worldwide...
Read moreMontenegro is a tiny Balkan country in Eastern Europe, sandwiched between Serbia, Bosnia and Herzegovina, Kosovo, Albania, and Croatia. It’s...
Read moreWe live in a great big beautiful world that is bursting with opportunity around every corner if you decide to live overseas.Please believe me: The life you want is waiting for you out here...You just need to get up, get moving, and seize it for yourself.Where in the world might be best for you?After more than 36 years covering this beat, I have thousands of miles of boots-on-the-ground reconnaissance, decades of experience, and countless feedback from retirees to draw from...
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