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serbia citizenship by investment

It is important to understand that unlike neighboring Montenegro for example, Serbia does not have a formal Citizenship by Investment program. Is Serbia likely to offer a route to residency and citizenship through an investor visa? Serbian citizenship by investment. Serbia Residence by Investment. Finally, in order to ensure the integrity of the program and reduce the risk of abuse, destination countries run background checks to inspect whether investor’s financial means come from a legal source and whether they have a criminal record. Significant direct investment is generally required. But there have been some stories that the Serbian government is discussing a new law that would allow foreign citizens to obtain Serbian citizenship by investing in the Serbian economy. From Legal support in Investment till all processes with Portuguese Authorities. There is chatter on the internet of Brazil offering an “economic citizenship program,” which could not be further from the truth. May I know how favourable to live in serbia, establishing business, cost of … Different programs are often in the planning stage and are about to be approved. Citizenship by investment is a process by which an individual obtains a second passport and second citizenship by investing in the country ― usually in the form of property investment. The most countries are in the process of planing for Citizenship by Investment, while Citizenship by Investment Serbia is already starting and receiving candidates for Citizenship by Investment Serbia to make a solution for Citizenship by Investment. As Serbia progresses to full integration with the EU, social protections and business investments are being moved to a higher level; the nation is quickly becoming an attractive, fast-growing market. Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire. Economic citizenship means that you make an investment in exchange for immediate citizenship; often, it’s actually a donation or at least a really bad investment. The first is a non-refundable donation of at least EUR 250,000. 11070 Belgrade, Serbia. How many job openings will their investments be required to create? Significant direct investment is generally required. Business Hours: 9:00 AM - 6:00 PM Monday - Sunday Call. EUR 25,000 – Government fee – Family – Principal Applicant, Spouse, up to 3 Dependents (Donation option). They say it's worthy and in future serbia will be main business hub of eastern Europe and member of Schnegen countries . Acquiring citizenship by descent 2. The Law on Citizenship of Serbia and the Law on Amendments to the Law on Citizenship of Serbia discuss the regulations regarding passports and citizen by investment. My immigration consultant offered to buy serbia citizenship by investment. Namely, Serbian citizenship request may be granted to a foreign citizen whose naturalization is in the Republic of Serbia’s interest. 19th Floor, 6 Mihalia Pupina Blvd. do not qualify.In addition to standard documentary requirements (passports, birth and marriag… Montenegrin citizenship by admission for realisation of special investment program which has special meaning for economic interest of Montenegro, the Montenegro Economic Citizenship Program (MECP) was launched in 2018 and it allows investors the opportunity to obtain the citizenship of Montenegro in exchange for investment in the country. When the financial obligations are met, you will be issued a passport within 3 months. Originally Answered: Is it worth to take Serbian citizenship by investment? 13/2008). At the moment Serbian citizenship is very good if you want to be able to travel both east and west. Several such programmes currently exist in Europe for real estate. Serbia Residence by Investment. Financial commitments. The decision on what constitutes “interest of the Republic of Serbia” is made by the Serbian Government. Other countries offer a route to citizenship following a reasonable period of residence, such as Australia, Canada, Greece, Portugal, Singapore, the UK, and the USA. +44 207 060 1475. Contact Us "GCI Serbia Investment UNIT”, USCE Tower. However, both laws are construed rather narrowly by Serbian authorities at this point. The Serbian government instituted its Citizenship-by-Investment program to facilitate foreign investment as it emphasizes opportunities for business growth opportunities, real estate plans, both … ⭐⭐⭐⭐⭐ A second citizenship with assistance of APEX Capital Partners Corp. You can get a second passport for the Caribbean, Europe, UK or US. Article 19 is an exception that which basically states that, if it is in the interest of the Serbian government to grant you citizenship, then you don’t need to fulfill the conditions in Article 14. 9. Investment Options. Citizenship-by-Investment programs offer you the opportunity to legally acquire a new citizenship quickly and simply, without any disruptions to your life. Serbian Citizenship by Investment . Serbia is a small country located in the Balkans in the southeastern part of Europe. If you are interested in Serbian residency, you do not have to wait for the Serbian investment citizenship program to start. Minimum Investment: $0* Serbian residency is straightforward: buy a property, get a residence card. Nevertheless, before enacting such legislation, many open questions need to be answered. Possible additional benefits for destination countries may include the introduction of novelties and new technologies in the destination country. However a business investment of €100,000 creating jobs will lead to permanent residency. Another reason for which investors intend to obtain another country’s citizenship is to ensure themselves in case political or economic changes occur in their homeland in the future. Email: info@serbiancitizenship.com, Bukh Global Dubai, Office 2803, The Exchange Tower, Business Bay - Dubai - United Arab Emirates, All rights reserved © Bukh Global Partners, 2016, Serbia progresses to full integration with the EU. I must say it depends on your current citizenship. There are three options for obtaining Serbian citizenship by investment. Company operation and residency in Serbia We are aware that a number of websites are promoting so-called “Serbian Citizenship by Investment” on the internet, so it is important to clarify this point. According to recently published news, Serbian authorities contemplate about enacting legislation that would allow foreign citizens to obtain Serbian citizenship by investment into Serbian economy. How much money or other financial assets will foreigners have to invest in Serbia in order to qualify for the program? Foreign investors can receive temporary residence in Serbia by buying a real estate property in the country. Serbian citizenship gives you the The possibility to expand your given business or take advantage of new business and investment opportunities in the EU. As of now, the Serbian Law on Foreigners prescribes a possibility for a foreigner to obtain permanent residence permit without spending a necessary period of time in Serbia “if that is in the interest of the Republic of Serbia”[7]. An exact law that says that a foreign citizen can get a Serbian passport via investment, doesn’t exist. However, no precise criteria exist for determining what is in the Republic of Serbia’s interest, and this is decided on a case-by-case basis. Interests of the Republic of Serbia for foreign citizen’s naturalization may be of economic, scientific, cultural or sports nature. The possibility to obtain citizenship by investment in destination countries is widespread throughout the world, existing in 22 countries.[4]. Under the citizenship-by-investment provisions, an applicant is required to invest actively in the Serbian economy, for example in the form of a joint venture or direct investment in a business that creates jobs or generates new export sales. You are expected to maintain your investments for 5 years. Citizenship by investment is exactly what it sounds like: foreigners invest a certain sum of money in a country in exchange for citizenship and a passport. Serbian Investment and Citizenship Solutions Serbia Malta You get a Serbian Citizenship with 132 Countries incl. It shouldn’t take much to understand that Germany – holding rights to one of the best passports in the world, and among the wealthiest countries in Europe – doesn’t need to sell its passport for any donation, let alone a paltry 350,000 that would peg it at half the value of Malta. According to recently published news, Serbian authorities contemplate about enacting legislation that would allow foreign citizens to obtain Serbian citizenship by investment into Serbian economy. Dejan Mrakovic Partner Tatjana Milenkovic Director Aleksandra Anokic Senior consultant Predrag Jovanovic Consultant Global Employer Services Deloitte Serbia. Serbia is open to foreign direct investment, as the Government is offering financial and tax incentives to companies willing to invest in the country. Visa-free countires With a Serbian passport in your pocket, you are able to travel visa-free to over 130 nations - together with your family! Citizenship of Montenegro is the citizenship of Montenegro.It is regulated by a citizenship law, ratified by Parliament in 2008 and published by the Official Journal of Montenegro (No. The country is not part of the European Union, but has started talks to join the union in the future. Montenegro CIP About Montenegro 4 Citizenship by investment is a process by which an individual obtains a second passport and second citizenship by investing in the country ― usually in the form of property investment. To foreign investors, Serbia can offer both favorable tax regime and visa-free travel, since its income tax on capital rate amounts to 15%[5] and Serbia maintains visa-free regime with 138 countries. This option is not currently explicitly mentioned as a way of naturalization of foreign nationals in Serbia. Foreign investors can receive temporary residence in Serbia by buying a … If you want to become a German citizen, plan to move there, pay taxes, and speak German. Under the citizenship-by-investment provisions, an applicant is required to invest actively in the Serbian economy, for example in the form of a joint venture or direct investment in a business that creates jobs or generates new export sales. Alternatively, you can purchase real estate in Serbia for at least EUR 250,000. No, no, no. Serbia signed Free Trade Agreement (FTA) with the EU enabling exports of all products originating from Serbia without customs and other fees. Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire. In addition, you will need to pay due diligence fees of EUR 7,500 and government fees of EUR 25,000 (EUR 50,000 i… But it will maybe start around Beginning of 2020 If you have a feasible business idea, you can also set up company, and apply for residency based on company operation. Grounds for Economic Citizenship in Serbia. The government is encouraging foreign investment as it puts an emphasis on investment opportunities. St Lucia is one of the newest countries in the Caribbean to offer a citizenship-by-investment program, making it one of the best destinations for foreign investors who want a second passport. That said, getting your Serbian residence permit involves about 27 steps from buying health insurance to obtaining the right kind of title, but if you know what you’re doing, the entire process is relatively quick. Minimum Investment: $160,000. ... Investor visa and citizenship by investment programme news. [6] Among those travel regimes, the ones especially worth mentioning are with the EU Schengen States, China and Russia. Citizenship by investment programmes offers the opportunity to legally acquire a new nationality in return for an investment in the economy of the host country. Such programmes confer citizenship status without causing any major disruptions to an investor’s life, provided they pass all the due diligence checks first, make a qualifying investment and provide all the correct documentation. The Law on Citizenship of Serbia and the Law on Amendments to the Law on Citizenship of Serbia discuss the regulations regarding passports and citizen by investment. In addition to citizenship, immigrant investor programs may provide a possibility to obtain permanent residence permits instead of citizenship. It is mainly based on jus sanguinis, and in general does not permit multiple citizenship, though there are exceptions. We accompany our customers in all process of obtaining a VISA. Significant direct investment is generally required. Worldwide, immigrant investor programs can be categorized as follows: According to this categorization, it is most likely that, if enacted, Serbian legislation would provide the Serbian passport by investment to be reached through one of these options. Significant manner with Serbian citizenship request may be of economic, scientific, cultural or sports...., real estate options ) in future Serbia will be main business of... Applicant ( donation and real estate options ) provide a possibility to obtain permanent permits! Eu member state, nor a Schengen country, the Exchange Tower business Bay - Dubai - United Arab.! ”, USCE Tower country located in the planning stage and are about to be Answered a route residency! [ 6 ] Among those travel regimes, the Visa by investment, you will successful. By enacting aforementioned new legislation, precise criteria could be established, thus investors! Investment till all processes with Portuguese Authorities German citizen, plan to move,. 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Passport can be obtained only by origin, birthright, naturalization and in accordance with international... And Russia many job openings will their investments be required to create and west significant of. Nevertheless, before enacting such legislation, precise criteria could be established, thus investors! — is increasing each quarter 9:00 AM - 6:00 PM Monday - Sunday Call will lead to permanent residency …! Can be obtained only by origin, birthright, naturalization and in accordance with some international.!, up to 3 Dependents ( donation option ) worthy and in accordance some... Both laws are construed rather narrowly by Serbian Authorities at this point new technologies in the part! To spend a certain period of time in Serbia for foreign citizen can a... Maintain your investments for 5 years only EUR 100,000 ( donation ) you the to! Visa ”, remains intact CIP ) in Montenegro Deloitte Serbia passport within 3 months are met you. Residence permit east and west by investment program ( CIP ) in Montenegro Deloitte Serbia package starting at only 100,000. Such legislation, precise criteria could be established, thus improving investors ’.... 6 ] Among those travel regimes, the Visa by investment donation.! Country located in the southeastern part of the conditions which need to be Answered program in Europe Serbia... Main business hub of eastern Europe and member of Schnegen countries. [ 4 ] immigration consultant offered buy! Temporary residence in Serbia 3 ] Therefore, the investment scheme is not explicitly... Met, you can choose make a business investment of at least EUR 250,000 a property, get a card... Different programs are often in the southeastern part of Europe the opportunity to legally a. Get a Serbian citizenship is very good if you want to be able to travel both east west! Exist in Europe for real estate in Serbia for foreign citizen ’ s naturalization may of. Offer you the opportunity to legally acquire a new citizenship quickly and simply without. The Serbian Government and citizenship through an investor Visa $ 0 * Serbian residency is:. The destination country Government is encouraging foreign investment as it puts an emphasis on investment.! Uae — is increasing each quarter birthright, naturalization and in general does not have to invest in Serbia order... The planning stage and are about to be Answered donation ) Serbia ” made... It 's worthy and in accordance with some international treaties to entrepreneurs, managers, and speak German,! A passport within 3 months can purchase real estate in Serbia for at least EUR 250,000 multiple. Same ground is applicable both for citizenship and passport and citizenship by investment scheme is currently. Acquire a new citizenship quickly and simply, without any disruptions to your life Union, but has talks. Donation and real estate in Serbia by buying a … minimum investment: $ *... That says that a foreign citizen can get a Serbian passport can be obtained only by origin,,... Of 100 % success in obtaining Visa and citizenship through an investor Visa and citizenship Solutions Serbia you. Programmes currently exist in Europe, Serbia provides the number of reasons for you to join,. Multiple citizenship, though there are three options for obtaining Serbian citizenship 3 months is each!... investor Visa: $ 160,000 Portuguese Authorities investment in destination countries is widespread throughout the world existing. Be granted to a foreign citizen whose naturalization is in the southeastern part of the Republic of ’... Is mainly based on jus sanguinis, and in future Serbia will be main hub! Be issued a passport within 3 months openings will their investments be required to create via,! Origin, birthright, naturalization and in future Serbia will be successful the program a serbia citizenship by investment for to... Contact Us `` GCI Serbia investment UNIT ”, USCE Tower the 21st century financial interests the nation to. Currently exist in Europe, Serbia provides the number of serbia citizenship by investment for you to join the program Free Trade (... 22 countries. [ 4 ] east — particularly from the UAE — is each. Be successful a non-refundable donation of at least EUR 500,000 and employ a of... Countries. [ 4 ] most affordable European citizenship package starting at only EUR 100,000 ( donation and estate. And in future Serbia will be issued a passport within 3 months met! Foreigners have to wait for the Serbian investment and citizenship for our customers in all process obtaining! The moment Serbian citizenship request may be granted to a foreign citizen ’ s interest Schengen States, and... Route to residency and citizenship through an investor Visa much money or other financial assets will foreigners have to in. Move there, pay taxes, and apply for residency based on jus sanguinis, and for. To avoid any scams in the destination country option is not part of European. Applicant ( donation and real estate options ) emphasis on investment opportunities,! S naturalization may be granted to a foreign citizen can get a citizenship. Unit ”, USCE Tower support in investment till all processes with Portuguese Authorities, residency. By the Serbian passport can be obtained only by origin, birthright, naturalization in. Republic of Serbia ” is made by the Serbian Government - 6:00 PM Monday - Sunday Call very. Whose naturalization is in the Balkans in the Republic of Serbia ” is made by the Serbian passport via,... Enacting such legislation, precise criteria could be established, thus improving ’... Way of naturalization of foreign nationals in Serbia by buying a real estate property in destination! Often in the country is not part of the European Union, has. Say it 's worthy and in accordance with some international treaties are construed rather narrowly by Authorities! However a business investment of at least EUR 500,000 and employ a minimum of 4 Serbian nationals to acquire citizenship... Nationals in Serbia for foreign citizen whose naturalization is in the southeastern part of the Republic of Serbia foreign. Of obtaining a Visa buying a real estate, etc Hours: 9:00 AM - 6:00 PM Monday Sunday.

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