Blog: What are the advantages of obtaining a residence permit for Serbia?

What are the advantages of obtaining a residence permit for Serbia?

29.11.2023

Obtaining a residence permit (LPR) in Serbia can have a number of advantages for foreign nationals. However, it is important to remember that the specific benefits may vary depending on the purpose of your stay and your situation. Here are some general benefits:

1. Legal residence and employment.

A residence permit allows you to reside legally in Serbia, as well as to work without the need for an additional work permit. This is especially important for foreigners seeking to work, run a business or study in Serbia.

2. Access to Serbian education and health care.

Holders of a residence permit have access to the education and health care system on an equal basis with Serbian citizens, which includes free or subsidized education in public schools and universities, as well as medical care.

3. Simplification of visa regime.

Although Serbia is not a member of the European Union, having a residence permit can make it easier to obtain visas for travel to Schengen countries.

4. Prospect of permanent residence permit and citizenship.

After a certain period of residence in Serbia on the basis of the residence permit, it is possible to apply for a permanent residence permit (after five years of residence permit status) and then for citizenship (after three years of permanent residence permit).

5. Opportunity for reunification with family.

Holders of a residence permit can apply for family reunification, which allows spouses, children and other close relatives to join them in Serbia.

6. Business Opportunities.

For entrepreneurs, the residence permit provides an opportunity to develop their own business in Serbia, access to local resources, markets and bank loans.

7. Purchase of real estate.

Holders of a residence permit have the right to purchase real estate in Serbia, which can be a profitable investment decision.

8. Financial Services.

Access to local banking services, including opening accounts, obtaining loans, and being able to take advantage of mortgage lending.

9. Social and cultural integration.

The residence permit allows for deeper integration into Serbian society, participation in cultural life and the creation of social ties.

10. Extensive Russian-speaking community.

These advantages make residence permit in Serbia attractive for many foreign nationals seeking stability, new opportunities and quality life in Europe. It is important to note that the benefits may vary depending on the type of residence permit (e.g. working residence permit, investment residence permit) and individual circumstances.