QUICK FACTS | |
LOCATION | A landlocked country in the central part of the Balkan Peninsula in Southeastern Europe. It is bordered by four of the six former Yugoslavian socialist republics, Bosnia and Herzegovina, Croatia, Republic of Macedonia, and Montenegro |
POLITICAL STATUS | a parliamentary democracy |
CAPITAL | Belgrade |
POPULATION | 7,100,000 |
SIZE | 29,913 sq. mi. |
LANGUAGE | Serbia has only one nationwide official language, which is Serbian. Other languages spoken in Serbia include Hungarian, Romanian, Slovak, Rusyn, Croatian, Bosnian, Romani, Albanian, Vlach, Bulgarian, Macedonian, Montenegrin, Bunjevac, etc. |
CURRENCY | The Serbian Dinar ( RSD) |
TIME | (GMT+1) |
DATE OF INDEPENDENCE | August 16, 1960 |
RELIGION | The main religion of Serbia is Christian Orthodox. Beside, there are also other religious communities in Serbia: Islamic, Roman Catholic, Protestant, Jewish and others. |
GOVERNMENT TYPE | The Government of Serbia operates in the context of a parliamentary democracy, with the government divided into three branches; executive, legislative, and judiciary. The functions and working relations of the three arms of government are defined in the Constitution of Serbia |
LEGAL SYSTEM | Parliament is the supreme legislator. Some bodies with executive powers, such as the government and ministries, have the power to issue decrees and domestic laws in specific areas, although they must comply with parliamentary legislation. These instruments become effective only after they are published in the Official Gazette of Serbia. |
INTRODUCTION:
Serbia is one of the largest European cities in the Balkans area. It has one of the largest cities in south-eastern Europe; Belgrade is the capital of the city.
Serbia is a candidate for the European Union. Its opportunities are encouraged due to the high human development index, a comprehensive health system, and the increasing proportion of educated. The economically recorded high rates of development with the services sector dominating the economic activity, followed by the industrial sector and agriculture.
The Kingdom of Serbs, Croats, and Slovenes was formed in 1918. Its name was changed to Yugoslavia in 1929. Yugoslavia joined the United Nations (UN) as an original member in 1945. By 1992, it had been effectively dissolved into five independent states (Bosnia and Herzegovina, Croatia, Slovenia, Macedonia, and the Federal Republic of Yugoslavia), which were all subsequently admitted to the United Nations.
The Federal Republic of Yugoslavia, whose name later changed to the State Union of Serbia and Montenegro, was admitted to the United Nations on 1 November 2000. The state union effectively came to an end after Montenegro’s formal declaration of independence on 3 June 2006.
The IMF projects that Serbia’s real gross domestic product (GDP) will grow by 3.5% in 2018.
Investment criteria:
Applicants under Serbian Residency Programme must choose one of the potential routes :
Application criteria
Benefits of Serbia Residency Program:
Economy Investment
To qualify for acquiring the Serbia residency through real estate option (flat, house, country) in Serbian starting price from 10,000 EUR. The price of the real estate in which a client invests is not limited in any way and there is no minimum amount of investment.
By forming a company, you do not need to invest in Serbia in order to get a residence permit. It is allowed to form a company with yourself as the only employee. Client’s signs the working contract with his company, which proves that the source of his livelihood is in Serbia.
As a resident of Serbia, you will get different treating for banks or others processing because you will be treated as a Serbian national. Of course, Non-residents have more difficulties in dealing with banks as well as government agencies. Obtaining residence is a fast and straightforward.