Residence permit Serbia – Immigration Services

In the last two years, the number of people from other countries applying for a residence card in Serbia has gone up a lot. More and more people are moving to Serbia for work and to live. Serbia has gotten the attention of people looking for new opportunities and a good quality of life because of its useful location, its reasonable taxes, its low cost of living, its expanding economy, and its adaptable banking system.

If you want to start a business or grow your business, Serbia's important location between the East and the West is very helpful. The country connects Western and Eastern Europe and gives people access to a huge market. Serbia has a lot of room for growth, and more and more foreign companies see this and choose to set up their businesses there.

The following is how a person from another country can become a resident of Serbia:

Serbia status through starting a business
Serbian residency through branch creation
Serbia's residency by investment program
Serbian Student Residency

1) Residency by starting a business

One of the easiest ways to get short-term housing in Serbia is to start a business there. If a person starts a business in Serbia, they can legally live there and work for their business.

Important perks: At just 15%, Serbia has one of the lowest business taxes in Europe.
Serbia does not have double taxes. More than 65 agreements exist to escape double taxation.
Costs of doing business that are in line with the competition
Serbia has free trade and no-tariff deals with the EU and Russia, and with Turkey and China soon will as well.

2) Residency through buying property

Buying property is another easy and reliable way to get home in Serbia. People from other countries who buy property in Serbia can get a temporary residence pass, which lets them live in Serbia in exchange for not having to make a big financial commitment. Serbia's real estate market has a lot of reasonably priced options. This makes it a good choice for people looking for a stable investment and a house.

Key perks:
No tax on wealth
The property tax rate can be as low as 0.2–0.4%.
The law doesn't set a minimum amount for investments. In Belgrade, the lowest average price is €80,000, and it's €50,000 in other places.
There is no strict rule about how long you have to stay.

3) Residency through business investment

Also, Serbia is open to foreign investors through its Serbian residency by investment scheme. People can get a temporary residence permit by putting 50,000 euros in a personal bank account in Serbia and spending 5,000 euros in a Serbian company that already exists. This method gives people the right to live in Serbia and lets them help the country's growth and economic progress.

Key perks:
Required payment of €50,000.00; investment of only €5,000.00.
The IT business is getting bigger.
A flexible banking system that supports businesses
The easiest way to set up a legal base without debt or long-term commitments

It's important to keep in mind that getting temporary residency in Serbia might require certain things to be done or paperwork to be filled out. Insurance, a current passport, proof that you can support yourself, a long-term rent agreement, and other things may be required. People who want to get a temporary home in Serbia need to get help from a lawyer so that their application goes through.