Nestled in the heart of the Balkans, Serbia is a captivating European nation with a rich tapestry of history and culture. Known for its warm hospitality and breathtaking landscapes, Serbia has emerged as a destination that beautifully blends tradition with modernity. From its vibrant cities to its scenic countryside, Serbia offers a glimpse into a land where diverse influences have shaped a unique and resilient identity. This introduction merely scratches the surface of a country filled with historical treasures, natural wonders, and a people with a deep sense of pride in their heritage.
Program Overview
The Serbia Citizenship by Investment Program, launched in 2016, provides a pathway to Serbian citizenship through strategic investment. With three distinctive routes to choose from, including non-refundable donations, property acquisition, and business investments, this program aims to attract foreign investors and stimulate the Serbian economy. Applicants, typically aged 18 and above, undergo a comprehensive screening process to ensure eligibility. The streamlined process, which usually takes about three months, makes this program an appealing option for those seeking Serbian citizenship while contributing to the country’s economic growth.
Program Benefits
The Serbia Golden Visa program offers various advantages, which include:
- Accessibility for EU and non-EU residents.
- Diverse options to bolster your application, such as launching a business, real estate investment, or a financial commitment.
- The opportunity for your family to accompany you in the process.
- A relatively swift processing time of around three months.
- Owning a Serbian passport grants you visa-free access to more than 130 countries.
- Serbia’s stability and robust, expanding economy enhance the program’s appeal.
Furthermore, the investment requirement for the Serbian program, set at 250,000 Euros, stands as one of the more affordable options when compared to other countries with Golden Visa programs.
Program Qualifications
- In the Republic of Serbia, there are two primary pathways to attain permanent residency:
- Acquiring Residency through Real Estate Investment.
- Gaining Residency by Establishing a Business.
To become a tax resident in Serbia, one can do so precisely one year after receiving approval for Serbian residency. The Serbian Tax Authority will inform you of your tax residency status, and as a tax resident, you are subject to the minimum 183-day stay requirement in the country.
Successfully transitioning from a temporary vacation stay to a legal residence hinges on providing all the requisite documents for obtaining a temporary residence permit in Serbia. These documents encompass:
- Proof of valid health insurance coverage.
- A medical certificate issued by the Serbian Medical Society.
- A passport with the required stamps.
- A temporary visa.
- A birth certificate.
- Documentation confirming a source of income.
Alternatively, proof of real estate ownership.
Having these documents in order significantly increases the likelihood of a favorable decision by the Serbian immigration agency.
Permanent residency becomes a possibility after five years. To secure a permanent residence permit, a foreign individual must remain continuously in Serbia for at least two and a half years within this five-year period.
Types of Investments and Fees
Introduced in 2016, the Serbia Citizenship by Investment Program was established to attract foreign investors, bolster economic growth, and invigorate the Serbian economy. This program provides three distinct avenues to attain citizenship:
A non-refundable donation of at least €250,000.
The acquisition of property valued at a minimum of €250,000.
A business investment of at least €500,000, involving the employment of a minimum of four Serbian workers.
Regardless of the chosen route, applicants must be above the age of 18 and typically undergo a comprehensive background and criminal record examination to ensure they present no risk to the country. The process usually takes approximately three months, offering an excellent opportunity for those interested in obtaining Serbian citizenship.
Fees:
| Visa Type | Fee | Additional Fees |
| Non-refundable donation | €250,000 | Government fees, legal fees, and translation fees |
| Acquisition of property | €250,000 | Government fees, legal fees, and translation fees |
| Business investment | €500,000 | Government fees, legal fees, and translation fees |
Please note that the additional fees will vary depending on the individual applicant’s circumstances. It is always best to check with the Serbian government for the most up-to-date information on visa fees and requirements.
Here are some examples of additional fees that may apply:
Government fees: These fees can vary depending on the visa type and the applicant’s nationality.
Legal fees: Lawyers can help applicants with the visa application process and other legal matters.
Translation fees: Applicants may need to have their documents translated into Serbian.
FAQs
Is Serbia a member of the EU?
No, Serbia is not a member of the European Union (EU). However, it is a candidate country, meaning that it is working to meet the requirements to join the EU.
What is the tax rate in Serbia?
The main income tax rate in Serbia is 10%. The standard corporate tax rate is 15%. The capital gains tax rate is 15-20%.
How do I get a residence permit in Serbia?
There are several ways to get a residence permit in Serbia, including through real estate investment, business investment, or marital status. Visas and other temporary residencies are also available for business, study, and visiting purposes.
Does Serbia allow for dual citizenship?
Yes, Serbia does allow for dual citizenship under certain circumstances. This decision is largely based on ancestry and the country where you hold citizenship.
If you are interested in obtaining a residence permit in Serbia, I recommend that you contact a qualified immigration consultant. They can help you to determine the best path forward based on your individual circumstances.
Make Serbia your second home
Visa-Free Countries
Population:
6,647,003 (2023 est.)
GDP (per capita):
US$4,860 (nominal, 2023 est.)
GDP (purchasing power parity):
US$12,000 (2023 est.)
Capital city: Belgrade
Time zone: Central European Time (UTC+1)
Total area: 88,361 km2
Languages: Serbian (official), Hungarian, Albanian, Bosnian, Slovak, Romanian, Croatian, Ruthenian, Bulgarian, Vlach
Currency: Serbian dinar (RSD)
Main industry: Agriculture, manufacturing, tourism
Schengen/EU: Serbia is not a member of the Schengen Area or the European Union, but it is a candidate country.
KEY ADVANTAGES
- Affordability: Serbia offers a cost-effective lifestyle, with affordable housing, food, and entertainment options, allowing residents to enjoy a high quality of life without straining their budget.
- Cultural Richness: Serbia’s rich cultural heritage, vibrant music, and artistic traditions, coupled with its historical sites and festivals, offer continuous opportunities for cultural enrichment.
- Strategic Location: Serbia’s central Balkan location provides easy access to Europe’s diverse destinations, making it an ideal hub for travel and business ventures across the continent.
PROGRAM MATCH
Compare the different programs in a nutshell and discover their features
PROGRAM COST
Check the cost estimates for each offered program
PROGRAM MAP
Explore the power of global mobility for every passport in the world
Disclaimer
The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.