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Serbia

Passport rank
37
Visa-free countries
137
Residency
No
Citizenship
Yes

Acquisition: -

Capital required: -

Acquisition: 60 months

Capital required: €250,000

About Serbia Citizenship and Residency

Serbia offers an excellent scheme for obtaining citizenship for foreigners who want to live in the country. Serbia citizenship by investment is a great program for foreigners. Applicants can also apply for family members, children up to 25 years old, or parents over 65 years old. Applicants are not required to have experience in the field to open a business or make investments in Serbia to gain citizenship and there is no obligation to know the language.

 

Investment Options

  • Non-reimbursable donation of at least EUR 250,000
  • Acquisition of property worth at least EUR 250,000
  • A business investment of at least EUR 500,000 and the employment of at least 4 Serbian worker

 

In addition to the minimum investment amount, applicants must also consider a government fee of EUR 25,000 or EUR 50,000 for investments of at least EUR 500,000 and a fee of EUR 7,500 for due diligence. This type of fee applies to each applicant, and other taxes will be paid to family members.

 

Serbia is a very attractive investment destination, not only for people who want to move there. It’s a growing economy that has close ties and trade agreements with many countries in Europe, and there is a favorable tax system that benefits companies and individuals. Other reasons to consider investing in Serbia are the following:

 

  • The population is generally young and well educated, so it’s easy to stuff a business
  • It’s affordable not only in Serbia but also to set up a company
  • Around 70% of FDI in Serbia is from EU countries, and there are very strong ties between Serbia and many other European countries
  • The rest of the investors in Serbia include Switzerland and Hongkong
  • In 2019, about 44 billion US dollars were invested in Serbia by foreigners
  • Serbia has equal business and investment opportunities for foreigners and locals

 

 

Benefits Of Serbia Citizenship By Investment Program

 

  • It’s open to EU and non-EU residents
  • There are several options to support your application, including starting a business, buying property, or making a financial investment.
  • Your family can accompany you
  • It only takes about three months to complete the process
  • A Serbian passport will get you visa-free travel to over 140 countries
  • Serbia is a stable country with a strong, growing economy

 

Serbia Citizenship Requirements And Qualifications

When you apply for citizenship by investment in Serbia, you need to meet general immigration requirements, which means you can’t be a security threat, you can’t have a criminal record, and you need to have enough funds (besides your investment) to be able to support your self and your accompanying family in the country.

 

Specific requirements

  • You need to be 18 years or older
  • You need to invest 250,000 Euros or more in purchasing property in Serbia
  • You need to make a 250,000 Euro donation to the government ( not refundable)
  • You need to spend at least 500,000 Euros on a business in Serbia, and you need to employ at least four local people in the business.

 

 

Steps And Timeline

 

Step 1: Decide which investment option you want to use to support your application and make the investment.

Step 2: You need to complete your application and the application for anyone who is accompanying you, including all the required documents.

Step 3: Submit your application with the documents to the Serbian government.

Step 4: You will pay for the application fees, which are 25,000 euros for property or donations and 50,000 euros for the business investment option. And 7,500 euros due diligence fee for your application. Additional fees will apply for any accompanying family members but are lower than the primary applicant.

Step 5: The Serbian government will review your application to make sure you are eligible for citizenship in Serbia, and if you are, they will issue the paperwork that will allow you to get a Serbian passport and move to the country.

 

 

Our Services

Privacy World offers its services to anyone, not only looking to obtain residency and/or citizenship processes but our experts figure out legal ways to:

  • Find the best solution for your needs.
  • Identify and deploy a strategy to help you accomplish your goals.
  • Activate our network of people in the country where you need help without having you search for the best solution or lawyer. We only work with licensed people in every country whom we carefully vet and pass the guidelines and principles of privacy we stand for.
  • Focus on cutting through the red tape and expedite your process.
  • Provide proper communication with you about your case.
    …. and above all: Offer you legal strategies to provide additional layers of privacy for your identity, while obtaining your residency or citizenship!

Privacy World can also help you with incorporating your company in Serbia, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.

Want Privacy World to handle your case? Have any questions? Contact us!

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FAQ’s

Serbian law allows dual citizenship. Therefore, the applicant does not have to renounce his/her original citizenship.

A foreign national shall be eligible to submit an application for permanent residence after five years of having been continuously approved for temporary residence in the Republic of Serbia.

Yes, you can include your dependents.

No, qualified citizens of any recognized country can apply.

Yes, an interview is required.

Yes, proficiency in the  Serbian language.

The naturalization process into Serbian citizenship takes a total of 8 years. It requires at least 3 years of permanent residence, which itself takes 5 years before you can obtain permanent residence status.

Residents of Serbia are liable to personal income tax on their worldwide income.

Non-residents of Serbia are liable to pay tax only on income earned in Serbia.

There is no net worth/wealth tax in Serbia.

Individuals inheriting property in Serbia are liable to pay inheritance tax. The taxable base is the market value of the inheritance fewer debts and expenses related to the inherited property.

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