Serbia Golden Visa (Investor Visa)

Nadia Dardón

Immigration Content Writer

Last update 15 December, 2025

Community

Join thouthands of remoters!

Join the community

Serbia Rating from Citizen Remote

Overall 3.4

Internet Infrastructure 4.0

Country Stability 4.0

Cost of Living 3.0

Ease of Obtaining Visa 3.0

Taxes 3.0

Quick Visa Facts

Visa length Up to 1 year.

Possible to extend? Yes, as long as the investment remains active.

Who can apply? Non-Serbian citizens with a qualifying investment.

Minimum Income Requirements Around €500–€1,000 per month.

Time for visa applications 4–8 weeks, depending on documentation and route.

Want to know if you can apply?

Complete a visa quiz and see if you qualify!

Start Visa Quiz

Serbia has quietly become one of Europe’s most attractive destinations for foreign investors looking for residency, business opportunities, and a strategic base in Southeast Europe. With its growing economy, favorable business environment, and relatively straightforward immigration rules, it’s no surprise that more international investors are searching for what’s often referred to as the Serbian Golden Visa.

While Serbia does not officially use the term “Golden Visa,” the country offers a well-defined investment-based residence option known as the Viza za investitore, or Investor Visa. This visa allows foreign nationals to obtain legal residence in Serbia by making a qualifying investment, most commonly through a Serbian business or by holding sufficient funds within the country. In practice, this Investor Visa serves the same purpose as a Golden Visa in many other countries: granting residence rights in exchange for a meaningful economic contribution.

In this guide, we’ll explain everything you need to know about Serbia’s Golden Visa (Investor Visa), how it works, who qualifies, how to apply, and what benefits it offers.

Serbia Golden Visa Overview

The Serbian Golden Visa, officially known as the Viza za investitore (Investor Visa), is a legal residence option designed for foreign nationals who wish to live in Serbia based on a qualifying investment. This visa is regulated under Serbia’s immigration framework and investment laws, which allow investment to be recognized as a valid purpose of stay for both long-term visas and temporary residence permits.

The Investor Visa has been in effect for several years as part of Serbia’s broader strategy to attract foreign capital, entrepreneurs, and business owners. While Serbia does not brand this program as a “Golden Visa” in official legislation, the Investor Visa functions similarly to Golden Visa programs in other countries by granting lawful residence in exchange for a genuine economic contribution.

At its core, the Serbian Golden Visa is intended to support foreign investors who are actively contributing to the Serbian economy, most commonly through company formation, business investment, or holding qualifying funds in Serbia. It provides a legal pathway to reside in the country and can be renewed as long as the investment conditions continue to be met.

Who Is It For?

The Serbian Investor Visa is designed for non-Serbian citizens who want to obtain residence in Serbia through investment. It is particularly suitable for:

Foreign entrepreneurs looking to establish or invest in a Serbian company.
Business owners are expanding operations into Southeast Europe.
Investors seeking residence in a stable, business-friendly jurisdiction.
Individuals who want a long-term legal stay in Serbia without employment sponsorship.

Applicants must be able to demonstrate a real and lawful investment connection to Serbia, in line with official immigration requirements.

What Does It Allow You to Do?

Holding the Serbian Investor Visa allows you to:

Legally reside in Serbia for the duration of the approved permit.
Establish and manage a business or maintain a qualifying investment.
Enter and exit Serbia freely while the residence permit is valid.
Apply for extensions as long as investment conditions are maintained.
Build eligibility toward permanent residence over time, subject to Serbian law.

It is important to note that the Investor Visa does not grant automatic citizenship, nor does it provide direct access to the Schengen Area. However, it does offer a stable and renewable residence option for investors committed to Serbia.

Serbia Golden Visa (Investor Visa) Requirements

To apply for the Serbian Investor Visa, applicants must submit a set of standard immigration documents along with specific evidence related to their investment and ability to support themselves during their stay. All documents must be valid, complete, and, where required, translated into Serbian by a certified translator.

Below is an overview of the core documentation and the key special requirements applicants should be prepared to meet.

Most applicants for the Serbian Golden Visa will need to provide the following:

Completed visa or temporary residence application form
Valid passport (with sufficient remaining validity)
Recent passport-sized photographs meeting official specifications
Proof of legal entry into Serbia (if applying from within the country)
Proof of address in Serbia (rental agreement, property ownership, or host confirmation)
Criminal record certificate from the country of residence or citizenship (where required)
Proof of payment of administrative and processing fees

Additional documents may be requested depending on the applicant’s nationality and the specific investment structure.

Proof of Investment

The core requirement for the Serbian Investor Visa is demonstrating a real and qualifying investment in Serbia. In practice, Serbian authorities generally recognize an investment of approximately €50,000 or more as sufficient when it is tied to a Serbian-registered company, business activity, or qualifying assets.

This investment may take the form of capital contributions, tangible or intangible business assets, or maintained funds directly connected to a Serbian legal entity. Applicants must be able to clearly document the origin, legality, and current status of the investment, typically through company registration documents, bank statements, and financial records. The investment must be genuine and active, not merely symbolic or temporary.

Proof of Financial Self-Sufficiency

In addition to the investment itself, applicants must show that they have sufficient personal financial means to support themselves while living in Serbia. While Serbian law does not publish a fixed official threshold, in practice, applicants should expect to demonstrate access to approximately €500 to €1,000 per month, either through personal savings, regular income, or business-related earnings.

This requirement is assessed holistically, taking into account the applicant’s overall financial situation, cost of living in Serbia, and the nature of the investment. Bank statements, income documentation, or financial guarantees are commonly used to meet this requirement.

Private Health Insurance

Applicants must hold valid private health insurance covering their stay in Serbia. The insurance must be active for the full duration of the requested residence permit and provide coverage for basic medical care, emergencies, and hospitalization. Serbian authorities typically require proof that the insurance policy is issued by a recognized provider and explicitly valid within Serbia.

Health insurance is a mandatory requirement and is reviewed both at the initial application stage and during renewals.

Proof of Purpose of Stay

Applicants must clearly demonstrate that the primary purpose of their stay is investment-related. This is usually done through a written explanation supported by official documents that establish a clear link between the applicant and the Serbian investment or business activity.

Immigration authorities may request additional clarification to confirm that the stay aligns with the objectives of the Serbian Investor Visa framework.

How to Apply for the Serbia Golden Visa (Investor Visa) – Step-by-Step Instructions

Applying for the Serbian Golden Visa is a structured process that requires careful preparation and compliance with Serbia’s immigration and investment regulations. While individual circumstances may vary, the steps below outline the standard and most commonly followed application process.

Step 1: Set Up or Confirm Your Investment in Serbia

Before submitting any visa or residence application, you must establish a qualifying investment connection to Serbia. This usually involves incorporating or investing in a Serbian-registered company or placing qualifying funds connected to business activity within Serbia. The investment must be lawful, verifiable, and clearly documented, as it forms the legal basis for your residence.

At this stage, many applicants work with local legal or business professionals to ensure the investment structure complies with Serbian regulations.

Step 2: Gather and Prepare Your Documentation

Once your investment is in place, you should begin preparing all required documentation for the Serbian Golden Visa. This includes standard immigration documents such as your passport, application forms, photographs, proof of accommodation, and health insurance, as well as all documentation proving your investment and financial self-sufficiency.

Documents issued outside Serbia may need to be officially translated into Serbian and, in some cases, legalized or apostilled. Submitting complete and well-organized documentation is essential to avoid delays.

Step 3: Apply for a Long-Stay Visa (Visa D) or Temporary Residence

Depending on your location and nationality, you will apply through one of two routes. Applicants applying from abroad typically submit an application for a long-stay Visa D at a Serbian embassy or consulate. Applicants who are already legally present in Serbia may apply directly for temporary residence based on investment through the Ministry of Internal Affairs.

Both application routes recognize investment as a valid purpose of stay under Serbian law.

Step 4: Attend In-Person Appointments if Required

During the application process, you may be required to appear in person to verify your identity, submit biometric data, or provide additional clarification regarding your investment or purpose of stay. The exact requirements depend on your nationality and the specific authority processing your application.

Step 5: Wait for Processing and Respond to Requests

After submission, your application will undergo official review. Processing times vary and depend on the completeness of your application and the workload of the authorities. During this period, you may be contacted to provide additional documents or explanations, particularly relating to your investment or source of funds.

Promptly responding to any requests can help prevent unnecessary delays.

Step 6: Register Your Address and Collect Your Residence Permit

Once your Serbian Investor Visa application is approved, you must register your residential address in Serbia within the legally required timeframe. After registration, you can collect your temporary residence permit, which formally grants you the right to live in Serbia under the Investor Visa framework.

Stay Requirements for the Serbia Golden Visa (Investor Visa)

Holders of the Investor Visa are required to comply with Serbia’s general residence regulations throughout the validity of their permit. While Serbia does not impose a strict minimum number of days that Investor Visa holders must spend in the country each year, applicants are expected to maintain a genuine and ongoing connection to Serbia through their investment and registered address.

Residence permits are issued on the basis that the investment remains active and the purpose of stay continues to exist. This means that the underlying business activity, company ownership, or qualifying investment must be maintained for the entire duration of the permit. Authorities may review the status of the investment at renewal and may request updated documentation to confirm continued compliance.

Investor Visa holders must also ensure that their registered address in Serbia remains valid and up to date. Any change of residence must be reported to the competent authorities within the legally prescribed timeframe. Failure to maintain proper address registration can affect both renewals and future residence applications.

Absences from Serbia are generally permitted, provided that they do not indicate abandonment of residence or investment activity. However, prolonged or repeated absences may be taken into account during renewal or when assessing eligibility for long-term or permanent residence.

By maintaining an active investment, valid registration, and overall compliance with Serbian immigration rules, Investor Visa holders can continue to lawfully reside in Serbia and renew their Golden Visa without interruption.

How Much Does the Serbia Investor Visa Cost?

The total cost of the Serbian Investor Visa varies depending on your investment, application route, and any professional assistance you use. While Serbia does not charge a fixed “golden visa fee,” applicants should consider both government and personal costs.

Key expenses include:

Government and administrative fees: These cover visa applications and residence permit issuance and typically amount to several hundred euros, depending on the permit type and duration.
Minimum qualifying investment: Applicants must make an economic contribution of approximately €50,000 or more in a Serbian-registered company, business activity, or other qualifying assets. This is the core requirement of the Investor Visa.
Document preparation costs: Translation, notarization, and legalization or apostille services for official documents.
Professional services (optional): Legal, immigration, or business consultants may assist with applications, with fees varying by service scope.
Ongoing expenses: Business maintenance, accounting, tax compliance, private health insurance, and personal living costs in Serbia.

Overall, the Serbian Golden Visa remains one of the more cost-accessible residence-by-investment options in Europe, offering a flexible pathway for investors who want residence rights tied to real economic activity rather than high real estate thresholds.

Taxes for People With a Serbia Investor Visa

Holding a Serbian Golden Visa gives you the legal right to reside in Serbia, but it does not automatically change your tax residency. Understanding Serbia’s tax rules is essential to ensure compliance and to plan your investment and personal finances effectively.

In Serbia, tax residency is generally determined by physical presence or the center of vital interests:

Individuals are considered tax residents if they spend more than 183 days in a 12-month period in Serbia or if their center of vital interests, such as business or family, is located in the country.
Tax residents are subject to Serbian taxation on worldwide income, including income from employment, business activities, dividends, rental income, and capital gains.
Non-residents are taxed only on income generated within Serbia, such as business profits, rental income from Serbian property, or income from local employment.

For Investor Visa holders, taxes may include:

Corporate taxes if you operate a Serbian-registered company; the standard corporate tax rate is 15%.
Personal income tax, with progressive rates typically ranging from 10% to 15%, depending on income type.
Social security contributions are required if employed in Serbia.
Value-added tax (VAT) at a standard rate of 20% on goods and services provided in Serbia.

It’s important to note that simply holding the Investor Visa does not obligate you to become a tax resident, but maintaining business activity, residing for extended periods, or establishing a permanent home may trigger residency and tax obligations.

Many Golden Visa holders work with local accountants or tax advisors to structure investments efficiently, comply with local laws, and ensure proper reporting of income generated both in Serbia and abroad.

Living in Serbia with the Golden Visa

Living in Serbia with a Golden Visa (Investor Visa) offers a unique opportunity to experience the country’s rich culture, dynamic economy, and central location in Southeast Europe. Visa holders enjoy the legal right to reside in Serbia, allowing them to manage their investments, run businesses, and establish a stable base in the region. From bustling urban centers like Belgrade and Novi Sad to quieter towns with scenic surroundings, Serbia offers a diverse range of living options to suit different lifestyles and preferences.

Beyond business opportunities, life in Serbia is known for its relatively low cost of living compared to Western Europe, reliable infrastructure, and growing expat community. Investor Visa holders can enjoy access to private health care, modern amenities, and vibrant cultural and recreational activities. The country’s strategic location also makes travel to neighboring EU and Balkan countries convenient, providing both professional and personal flexibility for residents who want to combine investment with an enriching lifestyle.

Best Cities to Live in Serbia with the Golden Visa

Serbia offers a variety of cities that are attractive for investors and residents alike. From vibrant urban centers to quieter towns with a strong quality of life, each city provides unique advantages for those living in Serbia with a Golden Visa.

Belgrade

Belgrade, Serbia’s capital, is the country’s economic and cultural hub. It offers a dynamic business environment, modern infrastructure, and a lively lifestyle with abundant dining, entertainment, and cultural opportunities. The city is home to many multinational companies, coworking spaces, and networking events, making it ideal for Investor Visa holders who want to combine professional activities with city living.

Novi Sad

Novi Sad, located along the Danube River, is Serbia’s second-largest city and is known for its relaxed pace and high quality of life. Famous for its cultural events like the EXIT music festival, Novi Sad combines vibrant community life with affordable living costs. Its growing economy and welcoming environment make it an excellent option for foreign investors seeking a balance between business opportunities and a more relaxed lifestyle.

Niš

Niš, in southern Serbia, is one of the country’s oldest cities and a growing center for technology and innovation. With lower living costs compared to Belgrade and Novi Sad, Niš attracts investors looking for a strategic location with emerging business opportunities. The city offers modern amenities, educational institutions, and strong connectivity to both regional markets and other parts of Serbia, making it a practical choice for long-term residence under the Investor Visa.

Cost of Living

The official currency of Serbia is the Serbian dinar (RSD). 1 USD is approximately equal to 100.82 RSD.

The average net monthly salary in Serbia is around 105,590 RSD, which equates to approximately $1,050 USD.

Here’s a rundown of what you should expect to pay in different cities:

Belgrade

Rent (1 bedroom in city center): Approximately $500–$700 USD per month.
Rent (3 bedrooms outside city center): Around $400–$600 USD per month.
Basic Utilities: Between $100–$150 USD per month.
Wi-Fi: Approximately $20–$30 USD per month.
Public Transport: Public transport in Belgrade is free.
Groceries (2 people): Around $300–$400 USD per month.

Novi Sad

Rent (1 bedroom in city center): Approximately $245 USD per month.
Rent (3 bedrooms outside city center): Around $176 USD per month.
Basic Utilities: Approximately $143 USD per month.
Wi-Fi: Around $23 USD per month.
Public Transport: Public transport in Novi Sad is free.
Groceries (2 people): Approximately $300–$400 USD per month.

Niš

Rent (1 bedroom in city center): Approximately $185 USD per month.
Rent (3 bedrooms outside city center): Around $130 USD per month.
Basic Utilities: Approximately $100 USD per month.
Wi-Fi: Around $18 USD per month.
Public Transport: Public transport in Niš is free.
Groceries (2 people): Approximately $250–$350 USD per month.

FAQs

What is the Serbia Golden Visa?

The Serbia Golden Visa, officially known as the Viza za investitore (Investor Visa), is a residence permit available to foreign nationals who make a qualifying investment in Serbia. It allows holders to legally reside in Serbia while maintaining their investment in the country.

How much do I need to invest to qualify for the Golden Visa?

While Serbia does not have a fixed “Golden Visa fee,” applicants typically need to make a minimum investment of approximately €50,000 in a Serbian-registered company, business activity, or qualifying assets to meet the requirements for the Investor Visa.

Does the Serbia Golden Visa grant citizenship or EU access?

No, the Serbia Golden Visa allows residence in Serbia only. It does not automatically grant citizenship, and Serbia is not part of the Schengen Area, so the visa does not provide direct access to EU countries.

Can I include my family on my Investor Visa?

Yes, the Serbia Golden Visa permits dependent family members (spouses and children) to apply for residence permits based on the primary investor’s status, subject to fulfilling standard documentation and eligibility requirements.

How long is the Serbia Golden Visa valid, and can it be renewed?

The Golden Visa is issued for a limited period and can be renewed as long as the investment remains active and the applicant continues to meet all legal and residency requirements. Renewal applications must be submitted before the current permit expires.

Author