Why Invest?
European investors have ranked Serbia among the top 25 investment opportunities globally. Lowest corporate profits tax rate in Europe. Skilled labor at a reasonable cost.
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Market Report
Our forecast is that the interest rates will fall which will open up the property market for the domestic buyers as well as for foreign investors.
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Economic Overview
Serbia has an economy based mostly on various services, industry and agriculture. In the late 1980s, at the beginning of the process of economic transition, its position was favourable, but it was gravely impacted by UN economic sanctions 1992-1995, the damage to infrastructure and industry during the NATO airstrikes in 1999, as well as having problems from losing the markets of ex Yugoslavia and the SEV.
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Visa/Residency Issues
Serbian visa is not required for the United States citizens for a stay up to 90 days.
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Getting to Belgrade
Belgrade is 2 hours 40 minutes flying time from London. You can reach Serbia by road, rail, air and water. On foot or riding a bicycle, by car, bus, plane, train, ship
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Fees & Taxes
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Serbia's Corporate Tax rates have been reduced from 14% to 10% which is one of the lowest tax rates in Europe. This tax ranges from 15 – 35% throughout Eastern Europe.
- VAT tax of 18% was introduced in Serbia on January 1, 2005. The first transfer of title over newly established building structures or economically measurable within these structures is entitled to VAT tax. The renting of flats and buildings if used for housing/living purposes is excluded from VAT tax.
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There is property tax and is paid annually based on 0.15% of the property value.
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Serbia
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Basic Information
| Population |
841,000 (2007) |
| Languages |
Arabic |
| Area |
11,437 sq. km (4,416 sq. miles) |
| Currency |
Riyal (QAR)
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| Dialing Code |
+974 |
| Emergency Services |
999 |
Serbia Overview
Serbia, officially the Republic of Serbia is a landlocked country in Central and Southeastern Europe, covering the central part of the Balkan Peninsula and the southern part of the Pannonian Plain. It is bordered by Hungary to the north; Romania and Bulgaria to the east; Albania and the Republic of Macedonia to the south; and Montenegro, Croatia and Bosnia and Herzegovina to the west. The capital is Belgrade.
Average Property Prices
Coming soon.
Buying Process
- The purchase of property is said to be the best hedge against inflation; the right to buy and sell land freely is one of the cornerstones of any democratic society; and the collateralization of assets through the legal transfer of property titles is where capitalism trickles down to the population at large on a mass scale. Real estate, boiled down to its essential elements, is nothing more than the transformation of assets into capital.
- We have made it possible for foreign investors to take advantage of this extremely profitable investment. At the initial "opening price" of a new off-plan development prices are at their lowest. Investors can reserve as many properties as they wish - paying only the initial deposit (usually up to 30% of the total price). Before the completion (usually 2 years) the property can be re-offered for sale.
- As building work progresses, the builder's price will escalate - as will the value of the investor's purchases. Price increases of up to 50% have been seen from initial "off plan" stage to completion.
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