Why I Love Serbia and the Serbian Passport

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Transcript of this video:

Wealthy Expat:
Why I love Serbia and the Serbian passport so much. I think Serbia is one of those countries where you as a wealthy expat should be looking at for more freedom for a plan B, especially if you are from the European Union, because Serbia is obviously right next to the European Union, but not part of the EU, and it's probably not going to be part in the next decade. The Serbian passport also gives you access to both east and west of the world, having access to the Schengen Area, while also having access to Russia and China and good countries in Latin America, as well as some countries in Asia. Overall, a very underrated country. People think it's this very poor communist place, but it's actually a very capitalistic place. You have low taxes, you have ways of reducing your tax rate significantly. You have great people, great English-speaking, some of the best people that you can hire.

My team is full of Serbians. The first person that you talk to, Jovana, she's Serbian. So definitely somewhere where we benefited in hiring people has been Serbia, Belgrade specifically. If you want to invest in Serbia, we have many different events coming up like the Expo Serbia in 2027. Many different events coming to Belgrade specifically, and a lot of foreign investment. A lot of US citizens, a lot of Americans, Canadians, Europeans, are investing in Serbia, specifically in areas like Belgrade Waterfront where a lot of Arabs are investing, and overall it's growing the economy, the country, and specifically the capital.

The passport, I see it getting better and better with time. Serbia keeps a balance between their neighbors and other regions of the world, and also their regional disputes, because when the United States told the president to push troops away from Kosovo, he pushed them away from Kosovo just to appease the United States, to appease Europe, to appease the west, because he knows he has to keep that balance. And that's overall the Serbian culture. Balance, tradition. You'll find some of the best women you'll ever see, extremely beautiful women, and they want a traditional life. People buy land, they build a family. They have that culture of building a big family that we're losing in the West.

Yes, there is a certain European aspect to Serbia, but it still maintains its traditional values. And not just Belgrade, but Serbia in general is one of the best investment opportunities in the world. For example, this home that we stayed in the countryside, you can buy a home like this for around 50 to €60,000 euros, and then you could rent it out on Airbnb or on the local websites for around €300 per night. Essentially, you're making eight to €9,000 per month on a property that costs you €60,000 to build, including the land and everything that you have to put into the property. You have countryside that is absolutely stunning, beautiful. You don't have the beach, but you also have Montenegro, which has amazing relationships with Serbia. You can enter Montenegro with a Serbian ID. They don't really care how much time you go and spend in Montenegro. You're probably not going to become a Montenegran citizen, but you can spend as much time as you want in the beautiful beach towns of Montenegro.

Overall, one of those countries that people don't look at, that people don't think about on their portfolio. They always look at the headline programs, the golden visas, the citizenship by investment. But in my personal experience, I personally, my company, my team overall, my life in general has benefited from Serbia immensely. Adding to all of that, obviously Serbia is still a developing economy, a developing country. So for example, when you order a taxi, don't expect a Lexus or Mercedes like you would get in Dubai. Expect a very old Toyota or a car that's almost breaking down. That's unfortunate in Serbia, but it is improving. It is getting better. It's getting a lot of investments, and it's growing the economy over time. So in five to 10 years, I'm not surprised if we see Serbia as one of the top places to live in the world, top places to invest, they roll out a golden visa, they roll out some permanent residency program or something to attract even more wealthy investors. Because now they're trying to attract people, they're trying to attract investors, but on the down low.

DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research.

[naskutak]

Love Serbia, we moved from USA 3 years ago, best desicion ever we have made

[nodaklojack]

Non EU and non NATO. A true sovereignty. My dream to retire there.

[Alvaroization]

I'm from Spain and Serbia is definately a country I have on my mind to be visiting!

[imilanfit]

Greetings From Novi Sad, glad to have you here!! 🇷🇸

[giovanacavalcante]

Beautiful country with a splendid culture. 🤩 I love Serbia. One of the countries I really want to visit, like Poland. Respect from Brazil 🇧🇷

[Intreductor]

Actual people from the balkans: kekw no

[Frenches]

I was in Belgrade and it´s a wonderful city. And very cheap city. Very logical decision

[tomislavciganovic]

Svaka čast! Drago mi je što sviđaš Srbiju i Srpski pasoš.

[bradbeckett]

Nobody ain't gonna pay 300 euros per night for a village house.

[antonizlatanovski]

We love you Wealthy Expat. Proud to be a Serb 🇷🇸❤️☦️

[robs]

Living Ironically in Europe brought me here 😂

[markomarjanovic]

So happy you are finding your way here in Serbia :)

[hankmoody]

The smart move is to leave the US. This country is on fire

[bilic]

No surprise nato and the collective west has always black balled Serbia as the bad guy.

[bendynikola]

Thanks for loving Serbia🇷🇸, my country❤️.

[milanjovic]

If you think Serbia is cheap you are in for the train ride and its not all butterflys and rainbows here considering the tensions rising with our Northern occupied province I wouldnt consoder moving here if I was in your place..

[tsle]

Living ironically in Europe brought me here, and all I could say is: If you think that living in the US is bad, then try being in Serbia for atleast a year, and then you would definitely realize that Serbia is far worse than living in USA. Most of the serbs want to live in your so called "bad" country of Murica.

[sirrodneyffing]

What's it like dealing with Govt regulation? Building permits, paying taxes, starting/running a business, employment regs.etc..?

[babysq]

As a wealthy expat...most important phrase in this video

[GA_ME]

Ha, nice way to say that you have a smoking hot secretary.

Serbia rocks btw! 💪