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Countries & Territories

12 pages | English and Arabic | 1.2 mb

  • Montenegro Country profile
  • Benefits of the program
  • Investment requirements
  • Visa-free and visa-on-arrival country list
About Montenegro

Capital:

Total Area:

Population

Language(s):

Podgorica

13,812 km²

622,781

Montenegrin

Currency:

Exchange Rate:

GDP – Per Capita (2016):

GDP – Total (2016):

Euro

1 USD = 0.85 EUR

USD 6,701

USD 4.173 billion

Montenegro is the smallest ex-Yugoslav Republic country but one of the most beautiful and promising, having a wide range of investment possibilities with outstanding geographical diversities and landscapes. Its beautiful beaches spread on more than 290 km of coastline which includes the amazing Bay – Bay of Boka Kotorska together with many lakes, canyons, rivers and high mountains of Inner Montenegro make the perfect assembly for a very attractive destination and desirable site to live in. The vast influence of different cultures such as Venetian, Byzantine, Turkish, French and the stability of political environment complete the whole attraction package of this country. The climate is also very friendly, typical for southern Europe with warm summers and mild winters.

Country Background:

  • Montenegro (meaning “Black Mountain”) is a sovereign state in Southeastern Europe. It has a coast on the Adriatic Sea to the southwest and is bordered by Croatia to the west, Bosnia and Herzegovina to the northwest, Serbia to the northeast, Kosovo to the east, and Albania to the southeast.
  • Its capital and largest city is Podgorica, while Cetinje is designated as the Old Royal Capital.
  • It was officially named the Republic of Montenegro on 22 October 2007.
  • Montenegro is a member of the UN, NATO, the World Trade Organization, the Organization for Security and Co-operation in Europe, the Council of Europe, the Central European Free Trade Agreement and a founding member of the Union for the Mediterranean.
  • With a total of 1.6 million visitors, the nation is the 36th (out of 47 countries) most visited country in Europe.
  • The Montenegrin legal system is part of the civil law legal system.
  • The Montenegrin currency is the euro (€).
Where is Montenegro?

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