According to Serbian Economist, Montenegro recorded 2.73 million tourist arrivals and 15.37 million overnight stays in 2025, according to published statistics.
Tourists from Serbia (23.4%) and Russia (16.4%) lead the way in terms of overnight stays. They are followed by Bosnia and Herzegovina (8.1%) and Germany (4.6%). Ukraine ranked fifth, with Ukrainian tourists accounting for 4.3% of all overnight stays, the same as tourists from Turkey. Next in the statistics is the United Kingdom (4.1%).
https://t.me/relocationrs/2390
According to Serbian Economist, Montenegro has extended temporary protection for people from Ukraine until March 4, 2027, according to a decision published in Službeni list Crne Gore No. 27/26.
The Ministry of Internal Affairs of Montenegro has called on Ukrainian citizens whose foreigner’s certificate with temporary protection status is valid until March 4, 2026, to contact the territorial division of the Ministry of Internal Affairs at their place of residence to exchange the document and extend their status. For those applying for the first time after the decision comes into force, temporary protection will also be granted until March 4, 2027.
According to the Montenegrin Ministry of Internal Affairs, since the decision on temporary protection came into force (March 14, 2022) until March 2, 2026, 15,820 applications have been submitted, of which 14,893 have been approved.
Temporary protection in Montenegro entitles beneficiaries to legal residence and access to basic rights, including employment, medical care, and education, in accordance with national legislation. The decision was taken in light of the extension of temporary protection for persons from Ukraine at the EU level until March 4, 2027.
https://t.me/relocationrs/2383
According to Serbian Economist, Azerbaijan has expressed its readiness to assist Montenegro in connecting to the Trans Adriatic Pipeline (TAP), said Dino Tutundzic, State Secretary of the Ministry of Energy and Mining of Montenegro, in an interview with Report.az. According to him, Podgorica considers the Ionian-Adriatic Pipeline (IAP) to be a strategic regional project that should connect Montenegro to TAP and, through it, to the Southern Gas Corridor and Caspian supplies.
Tutundzic said that Montenegro plans to intensify negotiations with neighboring countries – Croatia and Albania – and focus on preparing the infrastructure base, after which it will be possible to talk about gas delivery to end consumers. He also noted Azerbaijan’s interest in participating in Montenegro’s energy projects, including in the renewable energy segment.
The issue of connecting Montenegro to TAP has its own specific features: the country still makes virtually no use of natural gas, as it has no gas market or gas distribution network. This is evident from the report of the Energy Community Secretariat, which explicitly states that “there is no gas market in Montenegro” and “there is no gas network.”
TAP is part of the Southern Gas Corridor, connecting supplies from the Caspian region to European markets via Greece, Albania, and the Adriatic Sea, with access to Italy.
https://t.me/relocationrs/2379
According to Serbian Economist, Iberostar has opened sales for its new Iberostar Selection Montenegro property on the Bar Riviera coast. The promotional offer is tied to the period of stay from May 1 to October 31, 2026, which indicates a launch at the beginning of the summer season.
Iberostar is located on the seafront and has direct access to a private bay/beach; The property is approximately 9 km from the old town of Bar, and the distance to Podgorica and Tivat airports is 45 km and 57 km, respectively. The hotel is located in the coastal area of Ratac, between Bar and Sutomore, and is advertised as “new for 2026.”
The key focus of the project is on leisure and wellness infrastructure. There will be indoor and outdoor swimming pools, a 3,700 sq m spa complex (saunas, hammam, steam room, cold room, massages and treatments), and a gym with sea views. In terms of accommodation, Iberostar is promoting rooms and suites with views of the Adriatic, as well as options with private amenities, such as terraces with jacuzzis and categories with private or swim-up pools.
Dining will include several formats, from the main restaurant to à la carte, cafes, and beach bars. An all-inclusive option and the Star Camp children’s program are also announced.
Iberostar is expanding its presence in the Adriatic through existing hotels in Montenegro, including Iberostar Waves Slavija and Iberostar Waves Bellevue in the Budva area.
https://t.me/relocationrs/2367
Montenegrin authorities issued 679 temporary residence and work permits to Ukrainian citizens in 2025, which is 1.67% of the total number of 40,567 permits, according to the annual report of the Employment Plant of Montenegro (ZZZCG), citing data from the Ministry of Interior.
A total of 40,567 permits were issued to foreigners in Montenegro in 2025 – 2,548 (6.7%) more than in 2024. Of these, 27,689 came under the quota, while 12,878 were issued outside the quota.
Foreign workers came from 107 countries.
Permits for temporary stay and work in Montenegro in 2025, by nationality (from higher to lower)
Turkey – 10,346 (25.50%)
Serbia – 8,148 (20.09%)
Russia – 7,429 (18.31%)
Azerbaijan – 2,513 (6.19%)
Albania – 2,098 (5.17%)
Bosnia and Herzegovina – 1,902 (4.69%)
Kosovo – 1,543 (3.80%)
North Macedonia – 766 (1.89%)
Ukraine – 679 (1.67%)
Belarus – 469 (1.16%)
India – 364 (0.90%)
Mexico – 257 (0.63%).
Serbian Economist notes that the 6 largest labor source countries provided 79.96% of all permits issued.
https://t.me/relocationrs/2327
As reported by Serbian Economist, the average price of 1 square meter of housing in new buildings in Montenegro in the IV quarter of 2025 amounted to 2 206 euros, which is 14% higher than the level of the IV quarter of 2024 (1 936 euros), according to data from MONSTAT.
The growth was uneven by region. On the coast, the average price reached EUR 2,570 per sqm (approximately +24% y/y), in Podgorica – EUR 2,141 (+10%), in the central region – EUR 1,363 (growth from a low base, approximately +46%), while the northern region did not record new building sales in Q4 2025.
The dynamics during 2025 were in waves: the national average price was €2,158 in Q1, €2,201 in Q2, €2,228 in Q3 and €2,206 in Q4, meaning that after peaking in the summer, the figure fell slightly towards the end of the year.
MONSTAT separately emphasizes that the average price is strongly influenced by the share of so-called solidarity housing (housing sold under the preferential model). In the fourth quarter of 2025, in the category “enterprises” (market sales), the average price in the country was 2,415 euros per square meter, while in solidarity housing – 705 euros.
From the point of view of “Serbian Economist”, the key conclusion for 2025 is as follows: the market of new buildings in Montenegro remains “two-speed” – the coast continues to rise in price faster due to tourist demand and limited supply in prime locations, while the capital and inland regions are more dependent on the structure of transactions and availability of credit. The Financial Stability Board at the Central Bank of Montenegro also warned about the risks of overheating amid active lending and rising prices at the end of 2025.
In 2026, the pressure on prices is likely to continue, but the pace may become more “selective” in terms of locations and quality of projects: the priority will be objects with clear documents, ready infrastructure and rental potential, while the mass segment is more sensitive to household incomes and financing conditions.
https://t.me/relocationrs/2311
