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|, Get Maltese Investment Residency with a discount now, Russian Golden visa program in the making, Investment Immigration passports under pandemic travel bans, IMF forecast: Malta and Hungary among strongest EU economies after pandemic, Montenegrin Citizenship by Investment program open for applications. 19 of the Serbian Citizenship Act states that the government can reward foreign persons with citizenship in the event of extraordinary merit. Please contact us for a precise quote for your specific situation. Serbian old age and disability benefits. Cheap cost of living and a first class healthcare system. The population, especially younger generations, is extremely cosmopolitan, and has English skills that surpass those of other Eastern European countries by far. If you marry a Chinese, you won't be able to become Chinese afterward. Serbian passports are issued to Serbian citizens at any age, and it is the primary document of international travel issued by Serbia.. No liberation from an external citizenship is needed for access to citizenship of Serbia, which indicates that you can hold dual citizenship(you don’t need to live in Serbia and you are not required to be a indissoluble resident in the nation). These historic ties with a variety of countries are evident today in the fact that you can travel visa-free from Spain to Siberia with a Serbian passport, and Serbia holds beneficial trade agreements with both the EU and Russia. No, no, no. Being able to travel so easily throughout Europe is definitely a huge advantage You get more say: You are entitled to vote not only in the town where you live, but also at the Land and national levels, and even at the European level. People that hold a dual citizenship have the privileges and benefits which come with citizenship from two different countries. If you want to become a German citizen, plan to move there, pay taxes, and speak German. Look over these benefits and the first question is answered. As a dual citizen of both the US and Serbia I can say that I haven't experienced any disadvantages to having both, honestly. Passports are issued by the Ministry of Internal Affairs or, if the citizen resides abroad, at the embassy. For some time, I had heard about a scammy second citizenship program whereby one could donate 100,000 euros or invest as much as 500,000 euros in a business to become a Serbian citizen. This may take various forms, including econom - ic ones, and can include capital contribution or other economic benefit brought to Serbia. 5 years ago. Set to conclude the negotiations to become a full member of the European Union, Serbia has become extremely attractive for foreign investors in the last few years. In addition, you will need to pay due diligence fees of EUR 7,500 and government fees of EUR 25,000 (EUR 50,000 in case of the business investment option). How you get a Citizenship; Procedure to get a Citizenship; Benefits. You can extend the benefits of your Serbian passport to dependent family members including children up to age 25 and parents over the age of 65. This site’s feed is stale or rarely updated (or it might be broken for a reason), but you may check related news or Serbiancitizenship.com popular pages instead. Moreover, you can stand for parliament yourself and actively represent your interests politically. The law also allows dual citizenship, allowing an individual the right to retain his or her current citizenship and receive Serbian citizenship. In contrast to obtaining a Temporary or Permanent residence, a foreigner can stay up to 90 days with or without the Serbian visa, if not provisioned differently by the law or an internationally binding contract.For this type of stay, a special approval from the competent authority is not necessary. The financial benefits are also important. President Aleksandar Vucic has supported the government decision to give a Serbian passport to the fugitive former prime minister of Thailand, … What benefits are available. Located just south of Hungary, Serbia has a unique position between the East and the West of Europe. Click here for similar options in Europe. To foreign investors, Serbia can offer both favorable tax regime and visa-free travel, since its income tax on capital rate amounts to 15% and Serbia maintains visa-free regime with 138 countries. 1. If you are the widow, widower, child or eligible individual of a person who contributed to the pension programs of both countries, this agreement may help you qualify for: Canadian survivor benefits; Serbian survivor benefits. My mother was born in Kraljevo in 1964. A Among those travel regimes, the ones especially worth mentioning are with the EU Schengen States, China and Russia. … Benefits for companies in serbia; Benefits for serbian citizenship; Financial Benefits and Incentives; Why Serbia. It offers individuals an extend level of privileges and benefits. No minimum level of English requirement. Acquiring a Serbian legal residence permit is a chance to easily obtain service from the local banks, protect your assets, and become a citizen of the country with time. A Serbian passport gives you visa-free access to over 110 countries including the Schengen zone in Europe and Russia. Life in a ‘business haven’ with numerous incentives for business and investment. Here are the pros and cons of dual citizenship to consider if you’re thinking about maintaining this status. There are no requirements to demonstrate previous business or management experience, and you do not have to pass a language test. You are joining other people who are seeking an improved lifestyle and doing so in a nation that embraces you. A Serbian passport holder has access to 97 visa-free countries . After looking at Brad Ferry’s answer I examined into the law of citizenship of Serbia. So here goes. A record number of Americans have researched dual citizenship since the start of the coronavirus pandemic. Completion of economic reforms, higher growth rates and the finalization of EU accession talks will represent the final and formal certification of Serbian success in economic, social and political transitions. In fact, if you ever wanted to become Chinese, you'd have to formally renounce your U.S. citizenship in which case Uncle Sam would not allow you to ever set foot on U.S. soil again as long as you live. Fast processing time and transparent requirements. They vary according to the number and age of dependent family members included in your application. The cost of living and labor costs in Serbia are well below the Western European level. Obtaining Serbian citizenship, Obtaining a release from Serbian citizenship, Opening a non-resident bank account, Purchase of real estate, Inheritance of real estate. 5 years ago. The Illustrated Stories of Monks’ Lives in the Narthex of the Hilandar Katholikon – Symposium “Huit siècles du monastère de Chilandar. Search 6 social services programs to assist you. You want to change your life for the better; you know, at some level, that life as you know it has become, in some manner, a burden. If you are more business minded, you might also want to consider company formation in Serbia, which can also grant residency for yourself and your family members. There are three options for obtaining Serbian citizenship by investment. 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