Recent content by stefpdt

European countries with Germanic influence means you get disciplined workers with a good work ethic for reasonable rates. Like the posters above said, Hungary and Germany would be good options. And like you said, talent is more important than tax in the early days. Your talent produces revenue...

Like countryfree said I think Hungary is a good bet if you want to attract quality employees to work from a physical location. Budapest has a low cost of living plus legitimately good lifestyle, pubs, clubs, world class bath houses and health services. The tax situation isn't ideal but I'm at a...

People who incorporate in Montenegro are usually involved in the tourist industry in one way or another. Like owning vacation rentals or taxi companies. There aren’t many other reasons why people would incorporate there. If you still think otherwise I’d love to see some examples of companies...

I would consider buying beachside property in Budva or Kotor during the next downturn. The Adriatic Sea is incredible and properties are in high demand during the vacation months (right now). Montenegro is like a poor man's Croatia so working class people from the Balkans or Russia will...

When I was renting a place in the heart of Budva, it was a very nice condo with modern amenities, but the place didn’t even have an actual address. I assume that property was unregistered because the local government there is incompetent, corrupt or both. That’s a small scale example of...

Montenegro is a beautiful hidden gem from a touristic perspective, great place to own property or run some other type of physical business on the ground over there. The kicker is that you’ll probably want to be in the country to do business over there. The country is severely underdeveloped...