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About Montenegro

Montenegro is situated along the central Mediterranean and within Southern Europe. It is swiftly gaining prominence as a fabulous place to visit and enjoy scenic views. Mountainous areas nestle deep canyons, gushing rivers, glacial lakes, and ancient forests, famous for adventure activity. It is impossible to describe how perfect Durmitor National Park in this country is. However, it's renowned as a stunning summer destination. Because of its sun-soaked beaches, Montenegro is named for its mountains. With its origins in Italian, 'monte' means mountain, and 'negro' means black. Montenegro has 117 beaches along 293 kilometres of coastline with fewer visitors comparatively. A true and pure reflection of natural beauty. There are rocky ones, sandy ones, little sheltered ones, and exquisite pink pebble ones. There is a vast circle of opportunities for travel, education, accommodation, etc.
You can get citizenship within 8 to 10 months through Citizenship by Investment as it is expected to join the EU by 2025.

About Montenegro

Key Facts

POPULATION
POPULATION

628,232 (2022 estimate)

CAPITAL CITY
CAPITAL CITY

Podgorica

MAIN LANGUAGE
MAIN LANGUAGE

The official language in Montenegro (since 2007), Serbian, Bosnian, Albanian, and Croatian are also in official use.

TIME ZONE
TIME ZONE

Time Zone: Central European Time Initials: CET UTC offset: UTC+01:00 Time notation: 24-hour clock

CURRENCY
CURRENCY

Euro

INTERNATIONAL DIALING CODE
INTERNATIONAL DIALING CODE

+382

DRIVING SIDE
DRIVING SIDE

Right

MAJOR RELIGIONS
MAJOR RELIGIONS

72.07% Eastern Orthodoxy 19.11% Islam 3.44% Catholicism 1.31% Atheist/Agnosticism 0.43% Other Christian

Geographical Location

Geographical Location

Montenegro is a country situated in the west-central Balkans at the southern end of the Dinaric Alps.

Top Cities

Podgorica

Being the capital city of Montenegro, it is also the nation\'s administrative centre for all the economic, political, administrative, educational, and cultural focuses. It is home to 30% of the country\'s population. Podgorica is a multinational, multireligious, and multicultural community. The average yearly temperature in Podgorica is 16.4°C, with a maximum of 40.7°C and a minimum - of 4.6°C.

It has a well-preserved city wall built on it. The volute wall around the entire mountainside (St. John\'s Hill) and climbing to a high point provide an incredible venture. The city is near winter skiing centres towards the north and seaside hideaways on the Adriatic Sea. It\'s the hub of all economic, cultural, and educational focuses.

  • Vladimir Vysotsky Monument
  • Clock Tower
  • Osmanagic Mosque
  • Duklja Ruins

Kotor

The ancient coastal city of Kotor is located at the end of the Kotor Fjord, with a population of 13,510 ( estimated 2022). It is one of the well-preserved medieval old towns on the Adriatic Sea, surrounded by the Lovchen Mountains, National Park, and the sea. The City of Kotor is located beside the Bay of Kotor. It is also well-known as a tourist lodge in Montenegro. It is full of large and small cruise ships for tourists.

One of the most adventurous and fascinating specialities to do in Kotor is getting lost in its maze of curving and spiralling streets. The atmosphere of this town is warm and peaceful, with cafes and restaurants everywhere. The nearby buildings have a medieval feel, reflecting the past time. There is a long list of places to be visited. A few of them are

  • Hike to Kotor Fortress.
  • The Old City Walls and Bastions.
  • Kotor Cats Museum.
  • Kotor Bazaar.
  • Kotor Farmer\'s Market.

Nikšić

Nikšić, the second largest city in Montenegro, with a total population of 58212 (estimated 2022), is spotted in the west of the country, at the foot of Trebjesa Hill. It is constituted 15% of the total country\'s area.

The city rests 630 m above sea level in north-central Montenegro. Excellent transportation linkages with neighbouring countries and proximity to the most fantastic tourist destinations in Montenegro play a vital role in its development.

The town has a diversified tradition and culture. Throughout history, the City of Nikšić has repeatedly been demolished, rebuilt, and reconstructed, with repeated changes in names and appearances. The town square in Montenegro occupies the beautiful town centre. It was built in 1885 with broad streets, boulevards, arranged allies, and green areas.

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Transportation

Updated and authentic information on transportation in advance is ideal regardless of whether your visit is for tourism or shifting of the residence. You can choose the transport alternatives that you deem suitable per the criteria of physical proximity and the available finances. Mostly taxis, car rentals, trains, and water taxis provide transportation services in Montenegro. Airports are also available for international access.

Private companies operate an efficient and reliable system of transportation that caters to the commute needs of the city's residents and tourists. The service is deemed very well-organized, clean, cheap, and reliable. Most local transport companies are listed online, with some providing services that meet international standards. You can easily compare their rates or service quality online to book your ride in advance.

Transportation

You can obtain a driving license after fulfilling requirements as it takes time to complete the formalities in issuing a driving license. Please visit the municipal government office and show your valid passport and certificate of completion of mandatory driving training. It takes three days to a week to process an application for issuance of a driving license. For Example, if you submit all required things on Monday, then by Friday, you can expect a permit to be issued. Name, date of birth, nationality, and other relevant information must be furnished before processing your application.UK license holders can drive in the country for up to 3 months without an International Driving Permit.

Basic Montenegro Driving Rules
AGE OF DRIVING
AGE OF DRIVING

The lowest driving age is 18 years old, and the minimum rental period is 21.

DRIVING SIDE
DRIVING SIDE

Right

SPEED LIMIT
SPEED LIMIT

Rural Areas - 50 km/hr

Urban areas - 80 km/hr

Highways - 100 km/hr

Public Transport
Public Transport

Taxis are readily available in Montenegro. They are a comfortable means of transportation, and it works everywhere. The taxis can be called by phone. These are available for a one-time trip and to rent a car with a driver for the entire day. Montenegro is not too expanded so you can order a taxi from one city to another. However, sometimes it is considered expensive as the drivers are in the habit of overcharging the customers.

It is a fact that the country has a small area and mostly mountainous landscape. So the main types of public transport here are buses. Buses are not found to be packed, and in most of the buses, an air-conditioning system is installed, which makes the buses the best option for public transportation.

There are only two railway components in Montenegro. The first comes from Albania, the second from Serbia, intersecting in the capital city of Podgorica. The trains themselves are in good condition. Online and in-person tickets are available. During the holiday time, it is better to purchase them in advance.

In addition to yachts and ferries, you have various boat options and other water transport. You can go fishing, on sea trips, or diving. There is a chance to go on a pleasure boat for a sea expedition. You can avail of tickets through travel companies or on unique layouts.

Montenegro is not a big country to travel to by plane. You won't find places for an airport in the hilly areas with ups and down. Therefore, there are only two entrances in the capital Podgorica and the second largest city of Tivat. All flights are international only.

Personal Finances In Antigua and Barbuda

Opening a Bank Account

The official currency of Montenegro is Euro. It has a relatively advanced banking system dominated by under 20 banks. These are divided almost evenly between Montenegro corporations and those from other countries.

Having a local bank account is essential if you plan to live here. Compared to multiple developed countries, it is effortless to open a bank account at a Montenegrin bank. A valid passport is the only document required to obtain a Montenegro bank account.

There are two classes of bank accounts at Montenegro's banks, which depend on the type of transaction:

  • National accounts, which are for assembling payments within Montenegro.
  • International funds for moving money into or out of the country.
Choosing a Bank in Montenegro

Montenegro's central bank has licensed about 15 banks to operate branches, issue loans, and take deposits. The most prominent of these are:

  • As a large native-to-Montenegro bank with a history of 118 years, Prva Banka Crne Gore (First Bank of Montenegro) faces some controversy.
  • Erste Bank AD Podgorica is part of the Austrian-based Erste group. It has been operating in Montenegro since 2009.
  • Societe Generale Bank Montenegro has 20 branches across the country. It is one of the dynamic players in Montenegro's commercial lending sector.
Opening a Bank Account

Most people will only require a few simple pieces of documentation to open a bank account in Montenegro. However, few banks can request supplementary information if they think it's necessary. Many banks will ask you to make a small deposit when you open your account.

Required Documents:
  • A valid ID, in the state of a passport or any other sort of Government, issued photo ID.
  • Proof of job in Montenegro if you are working locally
  • Evidence of business actions in Montenegro if you are running a business
  • Evidence of address, like a lease or the deed possessions you own

Availing An Accommodation

Going somewhere to stay temporarily or permanently is no small feat. Booking a place to stay beforehand can ease your mind after arrival in Dominica. You should not blindly book someplace but should compare the available options thoroughly. So many authentic online websites are available that provide a variety of reliable and comfortable accommodations. One Example can be Trip Advisor.

Temporary Residence or Stay

A visa is not in demand for this destination for a stay of up to 90 days. You can enter Montenegro for short-term stays of up to 3 months without a visa. On entering Montenegro, make sure the border police put an entry stamp on your passport. You should hold a passport valid for at least six months. Hold proof of onward and return flights.

A foreign citizen can acquire a residency permit in Montenegro based on a property purchase or work visa. There are other modes, such as studying in Montenegro, but the above two are the most common. A temporary residence permit is issued for 12 months and can be renewed yearly.

Permanent Residence / Citizenship by Investment

A permanent residence permit may be authorized for a foreigner who lawfully resided in Montenegro for five consecutive years. After completion of that period, they can submit the application for a permit based on a temporary residence permit or approved additional protection following the law governing asylum.

For economic success, it is an excellent need in Montenegro that further financial success will be fueled by immigration. So attaining residence is achievable. Montenegro Residence by Investment is relatively easy to avail, but there is a need to follow some critical steps precisely.

Montenegro's Citizenship by Investment

You can acquire Citizenship by Investment.

By contributing €100,000 to the government fund

Investment in pre-approved real estate projects is divided into two categories.

  • €250,000 in the northern region
  • €450,000 at the bustling southern region

Health Service

The health system of Montenegro is based on a social health insurance fund. Payroll donations of 10.5% fund it. More than 95% of the population is covered by social health insurance. Additional funds come from the state budget and substantial out-of-pocket payments. According to the Health Consumer Powerhouse, the country has "the most backward health system in Europe."

Education

Education and upbringing services are provided in preschool institutions, educational centres, and resource centres. Adult education is provided at universities, faculties, art academies, and higher vocational schools.

In schools in Montenegro, students study for 12 to13 years to receive secondary education in this country. The steps in the Montenegrin school are as follows: 9 years, the central part of the secondary school (primary and secondary classes) + 3-4 years of gymnasium or college. Studying with children from 5-6 years begins.

Pre-university finances are obtained from the Ministry of Education and Science of the Government of Montenegro, while local governments also contribute. While financing public institutions of higher education, the Government determines the number of funding funds for these institutions. Education commences in either preschools or elementary schools. Kids enrol in elementary schools (Montenegrin: Osnovna škola) at 6, and elementary education lasts for nine years.

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Yes, you can include qualified members of your family in the application or add them after you have obtained your citizenship for an additional fee. A qualified family member can be a spouse, children under the age of 18, children and parents over the age of 18 who are fully dependent on the main applicant.

You are not required to visit Antigua & Barbuda before applying for your citizenship, you are, however, required to visit in order to complete your application.

Yes, the passport of Montenegro is now a biometric passport, also known as an ePassport.

The new biometric passport of Montenegro has 48 pages.

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