Cost of Living in Montenegro
Planning your move to Montenegro? Here is everything you need to know about cost of living for digital nomads and expats in 2026.
Opening a bank account as a non-resident has become increasingly difficult due to strict AML compliance.
- Account Opening: Residents (including those with company-based residency) can open accounts relatively easily, though initial deposits and extensive paperwork are required.
- Currency: Montenegro unilaterally adopted the Euro (EUR), providing stability without the risk of local currency devaluation.
- International Transfers: SEPA transfers are not yet fully integrated, making international wires somewhat slower and costlier than in the EU.
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