Montenegro
About Montenegro
Montenegro, officially the Republic of Montenegro, is a country in Southeast Europe located on the Balkan Peninsula. It borders Croatia to the northwest, Bosnia and Herzegovina to the north, Serbia to the northeast, Kosovo to the east, and Albania to the southeast. Montenegro also has a coastline along the Adriatic Sea.
The country covers an area of approximately 13,812 square kilometres and has a population of around 620,000 people. Montenegro is known for its dramatic mountains, medieval coastal towns, and scenic Adriatic coastline.
Key Country Information
- Capital City: Podgorica
- Head of State (President): Jakov Milatović
- Head of Government (Prime Minister): Milojko Spajić
- Official Language: Montenegrin
- Currency: Euro (EUR)
- International Dialing Code: +382
Population and Economy
As of 2024–2025, Montenegro’s population is estimated at approximately 620,000. Despite its small size, the country has a growing economy supported by tourism, services, and foreign investment.
Key economic sectors include tourism, construction, energy, agriculture, and trade. Tourism plays a major role in the economy, with Montenegro being a popular destination for coastal and mountain tourism.
European Union and Schengen Status
Montenegro is not a member of the European Union but is actively progressing toward EU integration.
- EU Member State since: ❌ Not a member (EU candidate country since 2010)
- Euro Area Member since: ❌ Not a member (uses the euro unilaterally)
- Schengen Area Member since: ❌ Not a member
Living and Working in Montenegro
Montenegro is an attractive destination for foreign nationals due to its Mediterranean climate, affordable cost of living, and growing tourism and real estate sectors.
EU and non-EU citizens generally require a temporary residence permit and work permit to legally work in Montenegro. Work permits are usually issued based on employment with a Montenegrin company or business activity.
Summary
Montenegro is a small but strategically located Balkan country with a tourism-driven economy and EU candidate status. Although it is not part of the EU or Schengen Area, Montenegro uses the euro and continues to strengthen its ties with European institutions, making it an appealing destination for work, business, and long-term residence.
