wtseditor, Author at Welcome to Serbia » Page 2 of 6

Serbia may achive an investment – Grade Credit Rating

Serbia may achieve an investment-grade credit rating by 2021, backed by solid economic growth, Erste Group said.

“This could be achieved, given that the fundamentals have improved greatly in the last few years,” Erste Group said in a macroeconomic insights report earlier this week.

The Serbian bond market will remain attractive for international investors if the dovish bias of global central banks remains, Erste Group said.

It can be expected that Serbia will have the same credit rating as Spain and Portugal in the coming period, and better than Italy and Andorra.

 

1.SWI credit ratings are estimated for the time period 2020-2022.

Source: Wikirating

By providing expert knowledge, support and Family Office service along with other forms of support, Welcome to Serbia team can help you every step of the way.

Call us at + 381 60 0622942
Write us at online@welcometoserbia.org
We help you protect your funds.

 

 

What is a Family Office?

Family Office

 

Do I Need a Family Office?
What is a Family Office?
What are the benefits of Family Office?

 

  • Because you always want to have business support!
  • Because you do not have to pay for every additional service!
  • Because you want to be focused on your business only!
  • Because you want to put accounting and bureaucracy aside!
  • Because you want to sleep peacefully!

 

 

Each client is distinct, and so is the tailored combination of services we offer. With decades of expertise and a broad network at our disposal, we are able to share best practices and guide clients toward the most effective solutions for their individual needs.

 

Our Family Office Services are known for providing an objective outlook, along with customized services, innovative solutions, and reliable, ongoing multi-lingual support. We offer our clients peace of mind and security in navigating complex issues across various jurisdictions, including Serbia, Switzerland, Andorra, Russia, Latvia, Cyprus, the UAE, and more. Through our global network of independent advisors, we ensure that our clients not only succeed but thrive.

 

 

Our local experts are dedicated to serving you.

 

In Serbia, we have assembled a team of top-tier professionals to guarantee the best solutions for you and your family:

 

  1. **Legal advice** is provided by licensed lawyers.
  2. **Accounting and Tax services** are handled by our licensed accounting firm.
  3. **Real estate services** are offered through licensed real estate agents.
  4. **Banking, cross-border, and wealth management consultations** are managed by an experienced team of former international bankers and business leaders.

 

 

We are committed to delivering high-level guidance aimed at safeguarding, growing, and managing your wealth.

 

 

We believe this process is a partnership, and as such, you can expect a dynamic, adaptable approach, driven by our direct and active involvement. Our promise is to offer advice that is specifically tailored to meet the unique needs and goals of your family.

 

 

Call us at + 381 64 8755255
Write us at online.en@welcometoserbia.org
We help you protect your funds.

 

 

 

 

Serbia adjusts local laws to become a member of Euroclear!

The Serbian Parliament has adopted amendments to the Law on the Capital Market, which enables the increase of the bases and structures of potential investors who will invest in domestic securities.

Foreign investors and funds will in the future be able to invest in domestic securities and the Serbian capital market in a fast and efficient way.

The Minister of Finance said in the discussion that the amendments were made to harmonize the provisions of the Capital Market Act with the Law on Public Debt.

He emphasized that by increasing the availability and attractiveness of domestic securities to foreign investors, we will reduce financing costs and ensure better diversification of investors investing in domestic securities.

By providing expert knowledge, support and Family Office service along with other forms of support, Welcome to Serbia team can help you every step of the way.

Call us at + 381 60 0622942
Write us at online@welcometoserbia.org
We help you protect your funds.

Do you want to live in Serbia?

You can easily explain Serbia with one word, irresistible.

Europe based country, couple of hours away from main Europe capitals such as Vienna, Rome, etc.…

Climate of Serbia is moderate continental with a diversity on local level, caused by geographic location, relief, terrain exposition, presence of river and lake systems, vegetation, urbanization etc.

Besides outstanding locations, thriving real estate market, Serbia can offer wide range of cultural and tourist attractions, widely available healthcare institutions and world-famous international schools.

If you consider visiting Serbia in order to stay for a while, it is good to be informed about procedures which need to be done in order to live, work or study normally.

From our experience in working with international clients, we realized growing need for finding new jurisdictions with possibilities for personal and business developments.

The quality of life is favorable and more than satisfactory with a highly qualified labor force, low cost of living and low operating costs.

As a country in development it is open to all investors and business on an international level, and it is very common for clients to seek opportunities for business investment.

Taxes contribute to the development and prosperity of small and medium businesses.

Also, Serbia has unilateral foreign tax relief policy by granting tax credit and double tax avoidance treaties agreements with more than 60 countries.

Historical ties of Serbia with different countries are clearly visible even today – holders of the Serbian passport have visa free or visa on arrival access to 131 countries. The Serbian passport is one of 5 passports with the greatest improvement.

Since 2014, Serbia has been negotiating its EU accession with the perspective of joining the EU by 2025.This will be excellent opportunity to travel and work Visa free inside EU.

One important moment is that Serbia did not sign CRS and it means that this is one of the few places where privacy still exists.

 

Foreign citizen can apply for Serbian residency:

 

 

Association Welcome to Serbia is your future partner, because we are not only interested in short term but long-distance cooperation but full support.

If you are looking for a country and people that would quickly accept you and welcome you whoever you are and wherever you are coming from, then it is definitely Serbia!

 

Why Serbia?

Because of simple process for getting Residency!
Because of crazy affordable costs of living!  Monthly rent can be less than 300 EUR!
Because of affordable prices in restaurants! You can have a meal in restaurant for 5 EUR!
Because we have the best coffee and it is only 2 EUR!
Because of the most affordable Schools and Universities!

 

 

What we believe inspires us who we are and what we do!
By providing expert knowledge, support and Family Office service along with other forms of support, Welcome to Serbia team can help you every step of the way.

Call us at + 381 60 0622942
Write us at online@welcometoserbia.org
We have a solution.

 

 

Serbia – top performing country globally

The Republic of Serbia is number 1 globally for the third year in a row, as the country that creates most FDI jobs per million inhabitants, according to “IBM Global Location Trends 2019“, which is considered
the most important measure of FDI performance.
Furthermore, based on job creation Serbia ranks and 5th in Europe and 12th globally in the overall ranking.

According to “IBM Global Location Trends 2019” report, Serbia also stands in the first position in the world as a country with the highest percentage of the export-oriented investment projects (91,2%), along with the number one rank for the number of newly created jobs through FDI projects initiated in 2018 in the electrical equipment sector. 

Global trends, in general, show a decrease in the number of created jobs by 10% and, also 5% decrease when it comes to the number of investment projects.
The share Europe has in the global statistics of newly created jobs in 2018 is just 34%.

„IBM Global Business Services“ for years now does a detailed analysis of the investment climate and projects all over the world, and also country by country reports, with a special focus on the number of newly created job criteria.

By providing expert knowledge, support and Family Office service along with other forms of support, Welcome to Serbia team can help you every step of the way.

Call us at + 381 60 0622942

Write us at online@welcometoserbia.org

We help you protect your funds.

More than 50 offers and 44 global companies have shown that they know what will happen to Serbia in 2040!

Yesterday, requests for the purchase of 20-year Serbian bonds arrived from 56 countries around the world!
Demand was three times higher than the 10-year bond offer and of course the record 20-year debt!

The government accepted 44 offers, and the Serbian bonds, which were to be trusted, given the longest maturity, eventually bought 44 investors – five banks and individuals each, 18 custodian clients and 16 other legal entities.

As lightning from the clear sky, information echoed that Serbia was selling bonds for 20 years.

Does this mean that investors around the world from the most powerful financial circles, believe that our country will be able to repay their invested money in 2040 is a question that arose when the Ministry of Finance announced the issue of Eurobonds worth 150 million euros.

International investors have confidence in Serbian bonds, that is, Serbia’s economy, which is why there is a lot of interest in Eurobond issues.

The Serbian Euro bond is denominated in Euros, which means that it is protected against any possible acceleration of inflation and does not depend on any changes in the exchange rate. It would be completely different if the bonds were in dinars, because then the risks would be higher, so it would probably be significantly more difficult to issue long-term bonds in dinars.

Serbia has previously issued bonds for a period of 10 and 15 years. The most recent example is the bond issue on the London Stock Exchange, with a ten-year maturity of 1.6 percent. The transaction of June last year involved 300 investors and demand was six times higher than supply.

New information is that the state will soon offer dinar bonds for a period of 12 years in the international securities market.

By providing expert knowledge, support and Family Office service along with other forms of support, Welcome to Serbia team can help you every step of the way.

Call us at + 381 60 0622942

Write us at online@welcometoserbia.org

We help you protect your funds.

How to open bank account in Serbia?

You can do it in 3 easy steps!

– Prepare your passport
– Prepare proof of address
– We will prepare documentation, you only have to sign it

You will get premium package!

1. Account available in USD, EUR, CHF, TRY, RUB, GBP, CAD, DKK, JPY, SEK
2. Premium services like Letter of Credit, Bank Guarantee nonstandard SWIFT payments
3. E banking (support available in English), M banking, Debit cards
4. Back to back (cash deposit) loans
5. Easy sale with Serbian banks E commerce service
6. Cash handling
7. Anonymous credit cards
8. In only 1 day

Using our experience and expert knowledge, our team will help you plan and optimize your business and save money using advantages of tax laws and regulations.

Call us at + 381 60 0622942
Write us at online@welcometoserbia.org

 

You are all welcome here!

Serbia can boast of many successful women, not only in the present, but if we look into the past, we will see how many reasons we have to be proud of our women.

Today, situation is pretty much same. We still have strong and successful women who have accomplished many things through their work.

Serbia is a country that gives importance to education and personal development. One of the things that really amazes tourists is that foreign languages ​​are spoken well in Serbia.

Parents direct their children to go to college, whether in Serbia or abroad. They do their best to make an entrepreneurial spirit in their children. This type of parenting cannot surprise us today when we look around and realize that Serbia has a large number of women entrepreneurs.

Although it is very popular today to talk about gender equality, women in Serbia do not look back on these topics. They are moving forward, and they are focused on entrepreneurial things. Not only do we want to emphasize how much our women do not spend energy on mentioned things, but we must also acknowledge our men who absolutely do not pay attention to the gender of their colleague.

Unfortunately, this kind of thing is not talked about publicly, but Serbia is indeed a country where women rarely face unpleasant scenes in business. The situation is far better when it comes to the entrepreneurial story.

The state supports all women entrepreneurs. Many banks provide loans to encourage the growth and development of businesses! Also, very important thing is that it is absolutely irrelevant at what age you are, you will always come across an open door here.

Serbia has its own Association of Businesswomen through which anyone can get informed and get guidance on their business. It is also interesting that, according to a regional survey conducted, it is precisely Serbian entrepreneurs who are most willing to share their knowledge through mentoring, and that they do not expect any compensation for this.

This means that you will have opportunity to learn from the best for free!

Another Association that will assist in your every business purpose is Welcome to Serbia. If you are interested in starting a business, come to us. We will give you the strength to accomplish your goals. We are here for you from the smallest details to all the tedious bureaucracy, paperwork and accounting.

Believe us when we say that you are always welcome.

Trust in our expert team.

Finally, here’s a fun fact – Our team has more female members. If that does not convince you, contact us and schedule a 1 on 1 consultation.

Take advantage of all the positive sides of Serbia with our assistance. Whether you are starting a business or you need a solution, here we are!

 

Welcome to Serbia!

 

 

By increasing the number of investors, we develop the capital market

Belgrade – “Foreign investors and funds will be able to invest in domestic securities and the Serbian capital market in a fast and efficient manner,” the finance minister said.

The Minister of Finance of Serbia, explaining the Bill on Amendments to the Law on the Capital Market, said that it would enable the base and structure of potential investors to invest in domestic securities to be increased.
He explained that the proposed amendments bring the provisions of the Capital Market Act into line with the Law on Public Debt.

“Foreign investors and funds will be able to invest in domestic securities and the Serbian capital market in a fast and efficient manner,” the Serbian Finance Minister said.

These activities will be monitored by leading banks in Serbia, such as UniCredit, Intesa, Raiffeisen Bank and OTP Bank.

By increasing the availability and attractiveness of domestic securities to foreign investors, we reduce our financing costs and ensure better diversification of investors investing in domestic securities.

In this way, the capital market is improved and developed.

Last year, we had two very successful Eurobond issues at historically lowest interest rates. At the last issue of bonds in November, we issued EUR 550 million of bonds with a yield of 1.25 percent, and previously in June we issued a bond of EUR 1 billion, for a period of ten years, with a yield rate of 1.619 percent and six times the demand .

The issue of Eurobonds denominated in euro for a term of 20 years will be issued tomorrow, which is the first time since the bonds issued so far have been denominated in euro for a maximum of 15 years, but mostly less.

Serbian bonds were included in the list for potential inclusion in JP Morgan’s index of sovereign bonds of developing countries.

Also, on the agenda of the Assembly is the Bill on Ratification of the Loan Agreement between the Republic of Serbia and the International Bank for Reconstruction and Development, which aims to increase productivity and strengthen the market links of small and medium-sized agricultural food producers.

By providing expert knowledge, support and Family Office service along with other forms of support, Welcome to Serbia team can help you every step of the way.

Call us at + 381 60 0622942

Write us at online@welcometoserbia.org

We help you protect your funds.

Serbian dinar bonds near inclusion in the J.P. Morgan bank index📈

The National Bank of Serbia has announced that the US investment bank and financial institution “J.P. Morgan” has announced that it is “considering the positive outlook” to include the dinar bonds of the Republic of Serbia in its developing market bond index “J.P. Morgan GBI-EM Index”.

 

The NBS interprets this as a recognition of Serbia for its economic and financial market development results, as well as for the creation of a favorable domestic investment environment.

Just a few years ago, this was unthinkable.

In the event of a positive decision, the effects on the domestic financial market will be numerous: the base of investors investing in our country will be further expanded, and Serbia will be open to access the widest group of eminent investors in the world.

In the report, J.P. Morgan noted an increase in foreign investors’ demand for Serbia’s securities and a rise in liquidity in the secondary market over the past two years.

 

Just putting Serbia on the “Index Watch Positive” is a clear signal, Serbia has fulfilled all the prerequisites to be in a reputable group of developing countries that international investors consider safe to invest.

 

Consideration will be given to the inclusion of RSD bonds of the Republic of Serbia in the “GBI-EM Global Diversified” index of the same bank, which is a “benchmark” index of bonds of developing countries in local currency.

This is another confirmation of the quality of Serbia’s bonds on the world market.

The approach of the Ministry of Finance is to develop the domestic capital market and to keep Serbia in the foreign market, with good financial instruments that it can offer to world investors.

Amendments to the Capital Market Law have been announced for the coming week, which will enable them to increase the base and structure of potential investors who will invest in domestic securities.

Serbia’s negotiations with the European Union recently opened “Chapter 4 – Free Movement of Capital”, which is an acknowledgment that Serbia has conditions for future integration with European markets, and that Serbia’s accession to Euroclear Bank is being negotiated until the end of this year.

All this, together with the increased credit rating granted by Serbia’s leading ratings agencies Standard and Poor’s and Fitch last year, allows one to successfully plan economic growth and carry out investments under the recently announced Serbia 2025 plan.

 

By providing expert knowledge, support and Family Office service along with other forms of support, Welcome to Serbia team can help you every step of the way.

 

Call us at + 381 60 0622942

Write us at online@welcometoserbia.org

We help you protect your funds.