In a recent roundtable discussion held in Podgorica, representatives from Montenegro’s Chamber of Commerce emphasized the need for the updated Law on Foreigners to serve as a catalyst for economic growth rather than an impediment to business operations. Business leaders and government officials concurred that the law’s implementation will significantly influence investment levels, employment rates, and overall economic competitiveness in Montenegro.
Dragan Kujović, Vice President of the Chamber, highlighted that the legislation should be crafted to alleviate structural labor shortages across various sectors, particularly tourism, manufacturing, and services. He noted that Montenegro’s economy must adapt to global trends in labor and capital mobility, necessitating a regulatory framework that is both flexible and efficient to attract foreign investment and skilled workers. Kujović stressed the importance of conveying that Montenegro safeguards domestic interests while actively competing for global investment opportunities.
Government representatives outlined that a primary objective of the revised law is to align Montenegro’s immigration policies with European Union directives concerning the rule of law, migration, and freedom of movement. They also mentioned that the new legislation incorporates strengthened measures aimed at preventing abuses related to residence and work permit practices observed under previous regulations.
During the transitional phase of implementation, certain adjustments have been made to assist businesses in adapting to the new rules, including delaying some provisions until after the peak tourist season. Officials indicated that so far, there have been no rejections of valid applications under the new framework, and they are fostering a more flexible communication approach with the private sector.
The law introduces specific provisions regarding temporary residence for seasonal workers, where previously stringent requirements for educational qualifications have been relaxed. Additionally, it includes criteria for residence based on property ownership, which now specifies minimum values for qualifying real estate. These modifications reflect ongoing efforts to balance regulatory oversight with economic incentives, aligning with national objectives to maintain a competitive business environment while addressing labor market demands.
The Chamber’s leadership underscored the necessity for ongoing dialogue between government entities and business stakeholders to ensure that the law effectively promotes job creation, bolsters investor confidence, and facilitates Montenegro’s integration into broader regional economic frameworks.
