2) I had just assumed we would buy a vehicle when we get there as there is little public transportation. But now this is sounding tricky. We will most likely be setting up a business in Montenegro for residency purposes. Can the business own and register a vehicle? If we have to register and buy a vehicle in another country is this an option for an ExPat from the US or only EU? We were considering purchasing a car in Germany and driving it into Montenegro. Any advice on that?
Hi Kim,
Not too sure about the other points but I can confirm to you that if you set a company in Montenegro, you can buy a car in the name of the company. Many expats buy cars abroad and even leave the foreign registration plates on (that's my case for ex.) as in this case you don't have to renew the plates each year. The biggest downside of this is that you can only get "third party" insurance, and if you travel out of Montenegro you have to buy insurance in the countries you visit which can be very expensive. Some expats buy a car in Montenegro, and get a special car plate for "temporary residents". You can also buy the car abroad and "import" it (meaning that you will then change the licence plates to local plates) in which case you have to pay some taxes on import, and then you have to renew each year your registration plates at the same time as you renew your residence permit.
I hope someone else can answer your other questions.
Cheers!
