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The Path To A Serbian Passport – International Stars with Serbian Passports

Serbian citizenship has been increasingly obtained through a special procedure designed to attract individuals deemed of interest to the state. In recent years, Russians have been the most successful in utilizing this process.

 

In June 2020, American Charles Cather was granted citizenship through this method. In a YouTube video, he shared that he had been living in Serbia since 2010 and had never applied for citizenship due to the language requirement. However, a government representative approached him and expressed gratitude for his contributions to the country and offered him citizenship.

Charles Cather is one of 358 individuals who have received Serbian citizenship through this special process for “special interest” individuals over the past decade.

 

 

The definition of “interest” is not legally defined in government decisions, but it is clear that Russians have been the biggest beneficiaries of this procedure. Out of the 358 recipients, 101 were Russian, 55 Turkish, 28 Iraqi, 24 American and 14 Palestinian. The number of people granted citizenship through this discretionary process has risen significantly, with 49 out of the 82 recent recipients being Russian.

 

The Serbian government recently granted citizenship to Russian artist Nikolai Mukhin and members of his family in September. Mukhin, known for his work on the mosaics at Saint Sava Temple in Belgrade, had previously expressed his desire for Serbian citizenship.

However, as an artist, Mukhin is not a typical recipient of citizenship through discretionary procedures in Serbia, which are often awarded to individuals in business or sport or those with connections to those deemed of interest to the state.

This includes individuals like Sergey Emdin, CEO of Moscow-based Demetra-Holding, and his family, as well as other Russian business people and senior managers at NIS, a majority Gazprom-owned oil company in Serbia.

 

 

Serbia has a rich history of welcoming and granting citizenship to talented and accomplished individuals from around the world. These individuals have made a significant impact in their respective industries, and their choice to adopt Serbian citizenship showcases the country’s inclusiveness and welcoming nature.

Adriana Lima, the renowned Brazilian model and actress, is one of the most recognizable faces in the fashion industry. She became a Serbian citizen in 2015 and continues to be a significant figure in the modeling and beauty world.

 

 

Cléverson Gabriel Córdova, a football player from Brazil, was the last person to receive Serbian citizenship before Steven Seagal. He arrived in Serbia in 2008 to play for FC Red Star Belgrade, and his citizenship was granted based on the proposition from the Department of Interior Affairs and the Department of Youth and Sports.

British actor and director Ralph Fiennes received Serbian citizenship in 2015 for his contributions to promoting the country and its culture. He is among a string of celebrities, including Hollywood actor Steven Seagal, ballet dancer Sergei Polunin, and several soccer and basketball players, who have been granted Serbian citizenship in recent years.

 

These international stars have made a lasting impact on the world and serve as an inspiration to others. Their choice to call Serbia their home is a testament to the country’s open-mindedness and its commitment to supporting talented individuals.

We invite our customers to the international real estate exhibition called United Property Expo

We invite our customers to the international real estate exhibition called UNITED PROPERTY EXPO 
in Belgrade, which will take place on February 18-19, 2023. 
 
If you are interested in investing in Serbia and abroad,
at the event you can meet 50 companies from all
over the world,
offering services for buying and renting real estate, as well as consult with reliable real
 
estate market experts on mortgages, taxes, investments,
obtaining residence permits and other topics.
 

The exhibition will feature real estate from Turkey, Greece, Georgia, Cyprus, Italy, Spain, Portugal, 
Thailand and many other countries. 
 
We are waiting for you in Metropol Palace Hotel, at the address Bulevar kralja Aleksandra 69 in 
Belgrade. 

India’s Sona Comstar acquires a share in Serbia company Novelic

Sona Comstar has purchased a 54 percent stake in Novelic, a Novi Sad-based company, for 40.5 million euros through a combination of primary and secondary purchases.

 

India’s Sona Comstar has acquired a stake in Novi Sad-based Novelic Company. The acquisition is worth 45 million euros. Sona Comstar is one of the leading global providers of automotive technology solutions. It is a leading supplier to the fast-growing global electric vehicle (EV) market. Novelic, meanwhile, is a leading provider of mmWave radar sensors, perception solutions, and full-stack embedded systems.

 

Novelic, a leader in the $43 billion ADAS sensors market, has completed its acquisition of Sona Comstar. The acquisition will provide Novelic with access to Sona Comstar’s patented mmWave radar technology, which is the best solution for in-cabin sensing due to its high accuracy and lower cost. In-cabin monitoring is expected to see rapid adoption due to legislation and OEM actions in major automotive markets globally.

As Sona Comstar states in its press release, Novelic is one of the few profitable companies in this sector. Since its inception, Novelic has been generating profit. In 2022, Novelic’s revenue was 9.3 million euros; with 120 employees, it is a Serbian technology company.

 

“We started as a team of five, and today we have over 160 employees, including 130 engineers and 10 PhDs, developing product platforms in various European locations. We have done this by providing value to our customers and by generating and increasing revenues and profits year after year. To move into the next phase of our growth, we are delighted to have a strategic partner, Sona Comstar, who shares the same commitment to innovation and technology and who will support us in expanding our business,” said Novelic co-founder and CTO Veljko Mihajlović.

 

 

Source/ https://biznis.rs/novac/investicije/indijska-kompanija-sona-comstar-preuzima-vecinski-deo-srpskog-novelica-za-405-miliona-evra/

An increasing number of direct flights from Serbia

As years go by, the number of passengers coming through the Belgrade Airport has been consistently increasing. Just this year’s third quarter saw 2,035,000 passengers, which is 34% more than the same period in the last year. This is why Wizz Air announced that it will be expanding its operations in Belgrade and it was joined by Air Serbia.

 

Wizz Air, the fastest growing airline in Europe and the world’s most environmentally
sustainable airline, announced that its Belgrade base will be enriched with an Airbus A321ceo. With its fourth airplane in Belgrade, Wizz Air will increase the number of flights and open five new routes to Lisbon, Berlin, Copenhagen, Milan and Zakynthos.

 

The Wizz Air base in Belgrade will have a total of four airplanes, thus providing the passengers from Serbia an opportunity to travel to 13 countries with 23 routes and an additional 5 routes in the country. In addition, an additional capacity will allow Wizz Air to increase the number of flights from its bases in Barcelona, Dortmund, Eindhoven, Beauvais airport in Paris and Fiumicino airport in Rome.

 

Although the flights are scheduled to begin in July, seats for new routes have gone on sale and can be booked via the company’s website or mobile app. The price of a one-way ticket to Berlin or Copenhagen ranges from EUR 34.99, to Lisbon from EUR 49.99, to Zakynthos from EUR 34.99 and Bergamo (near Milan) from EUR 24.99.

 

Serbia’s national airline – Air Serbia, also announced the introduction of new flights to Hamburg, Goteborg, Köln and Marseille sometime in May 2023. The flights will be operated by Airbus A31 airplanes and one-way tickets are on sale from EUR 49 in economy class for Köln, Hamburg and Goteborg, and from EUR 69 for Marseille.

 

In addition, since December this year, Air Serbia established a new flight to China or Tianjin, thus becoming one of the few airlines in Europe with a direct flight to this Asian country. By establishing a direct line to China, Air Serbia provided its passengers with the opportunity to travel from China via Belgrade to Amsterdam, Barcelona, Oslo, Paris, Stockholm, Frankfurt, Ljubljana, Prague, Venice, Valencia, Zagreb and other destinations in its growing network.

 

 

 

 

 

 

Serbia has issued the first crypto license

The National bank of Serbia has issued the first two Decisions on issuing permits for providing services related to cryptocurrencies.

 

 

Two companies in Serbia have been registered for:

• receipt, transfer and execution of orders related to the purchase and sale of cryptocurrencies for the account of third parties.

•crypto currency purchase and sale services for cash and/or account funds and/or electronic money

• cryptocurrency exchange services for cryptocurrencies or other digital assets

• storage and administration of cryptocurrencies for the account of users of cryptocurrencies and related services

 

If you are interested in starting your own crypto business in Serbia and get a license for trading cryptocurrencies, Welcome to Serbia team can provide you with the practical know-how to start your Serbian Cryptocurrency business.

 

Please contact us for more information
email: nb@welcometoserbia.org
Mob: + 381 60 1849 443 (WhatsApp, Viber, Telegram)
www.welcometoserbia.org

Yandex is opening a development center in Serbia and hiring more than 800 IT experts

The Prime Minister of Serbia, Ana Brnabich, spoke with the delegation of Yandex, one of the largest IT companies in Russia, led by the head of the department for international policy Maksim Kozlov.
Representatives of the Yandex company announced the opening of a development center in Serbia, while the Government of Serbia announced the hiring of more than 800 IT experts who will work within this company. Given that the company Yandex, in addition to creating software, also works in the field of IT education, it was agreed to continue the conversation and improve cooperation in that area.

 

The President of the Government of Serbia pointed out in the conversation that the Government of Serbia is ready to provide help and support to global IT companies that open research centers in Serbia and employ IT experts from all over the world.
Brnabich also added: “After the opening of the development center and representative office of the global company Luxoft, the announcement of the opening of the Yandex development center and the employment of international IT experts is a strong support for our economic growth and the creation of additional value.”

 

Source: https://www.netokracija.rs/yandex-razvojni-centar-u-srbiji-201896

Warner Music bought a stake in the Serbian record company Mascom

Warner Music bought a stake in the Serbian record company Mascom

Warner Music invests in the publishing house Mascom, which is the first big investment in the 

domestic record industry.   The two companies plan to work together to form a local network of 
artists who have the potential to break into the global market and thereby become part of the WMG 
family.
The new arrangement is a continuation of the partnership between WMG and Mascom, which has 
been representing Warner Music in Serbia and Montenegro for more than twenty years. Domestic 
performers now have the opportunity to follow the path of world stars such as Ed Sheeran, Bruno 
Mars, Gorillaz, Pink Floyd, Led Zeppelin, Red Hot Chili Peppers, Linkin Park, Deep Purple, David 
Bowie, Iron Maiden, Prince and many others, writes in the statement. 
 
 
The investment of a large international company in a domestic legal entity is the first direct 
investment of this type in Serbia and the region, and represents a kind of precedent, the beginning 
of the introduction of world standards in the recording industry, as well as opening the door to 
world markets for local talents. As Ciszek-Podziemska (Warner Music South East Europe Director) announced this will give local artists the 
opportunity to become global superstars. 
 
Тhis is a significant progress in the musical development of the South East Europe region, and the 
great chances for Serbian artists to achieve world success.

China’s UnionPay expanding card acceptance across Serbia

Chinese payment services provider UnionPay International (UPI) has entered into a partnership with Serbia’s Banka Postanska Stedionica and OTP Bank to expand UnionPay card acceptance across Serbia.

The partnership with Banka Postanska Stedionica will enable about 1,000 local merchants in Serbia to accept UnionPay cards.


In addition, UPI is collaborating with OTP Bank for acceptance of UnionPay cards on hundreds of Serbian ATMs, it said.
UPI will also cooperate with lenders UniCredit Bank Serbia, Komercijalna banka, and Raiffeisen Bank to enable over 10,000 Serbian merchants to accept UnionPay cards within this year, the Chinese company added.

Welcome to Serbia also accepts payment for its services through UPI. 

Export From Serbia to Russia is moving forward

Export From Serbia to Russia

 

 

The total rate of the export of goods from the Republic of Serbia is on the rise in comparison to the previous year. If we look at the data for the first six months of this year, we will notice that the total export from Serbia is thirty percent higher than the export in the same period of the last year. Under normal circumstances, it would be completely normal if the export of goods to Russia was also on the rise. However, if we take into consideration the current situation, this data can be carefully analyzed.

 

In March and April of this year, the export of goods to Russia was slow, given that the transport route that earlier included Ukraine had to be changed in order to include other countries. This led to the increase in the transport price and the extension of time needed for the transport to be completed but the impact on the export itself was not so noticeable. Very soon, the export rate reached the standard that was set last year, while in June of this year it increased by thirty percent in comparison to the June of the last year.

 

Experts point out that Russia is looking for alternative trading partners, given the increasingly severe sanctions of the European Union, as well as the fact that Serbia has a special place among them as it signed a free trade agreement with the Eurasian Union, where Russia is one of the most important partners.

 

Therefore, the export from our country to Russia is moving forward and the only sphere, in terms of export, where we can sense the military action impact is the price of the transport of goods to the Russian Federation, which is currently three times higher than the pre-war price. Apart from the fact that the route has become significantly longer, the price growth is also affected by the increased risk, as well as the increase in the fuel price.

Serbia and Egypt develop cooperation

Serbia and Egypt have signed numerous agreements on cooperation in various fields. The most important document, which was signed during the visit of the Egyptian president to Belgrade last week, is the Declaration on Strategic Partnership. This declaration implies cooperation between the two countries in such areas as trade, safety and security, agriculture, as well as in the political coordination of bilateral and international issues. Some of the most interesting items announced are the following:

 

  1. Signing a free trade agreement
  2. The sale of cereals to Egypt
  3. Re-opening of the Belgrade-Cairo direct air route

 

The documents that were signed during the meeting are the following:

 

1. the Act on the abolition of visas for service, diplomatic and social passport holders
2. Memorandum of Understanding in the field of agriculture
3. Memorandum of Understanding between the Serbian Institute for Standardization and the Egyptian Organization for Standardization and Quality
4. Cooperation agreement between the Serbian Development Agency and the SEZ
5. Cooperation agreement in the field of higher education
6. Program of cooperation in the fields of culture and art
7. Cooperation agreement between the National Museum of Egyptian Civilization and the Museum of African Art
8. Memorandum of Understanding between the Film Center of Serbia and the Egyptian Film Center
9. Memorandum of Cooperation between the National Media Authority in Egypt and Radio and Television of Serbia
10. Memorandum of Understanding and Cooperation in the Field of Environmental Protection

The cooperation announced and realized so far does not refer only to these areas, although they are quite varied and broad. The presidents also discussed the further improvement of economic cooperation, the opening of new joint ventures and the expansion of the range of products to be sold in Egypt from Serbia. As representatives of the states, they also exchanged views and attitudes regarding developments in the world, as well as common interests on a broader, global level.