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.
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:
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.
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.
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:
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!
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.