Life in Serbia – Housing Costs and Expenses to Expect
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Loading... - Nikola Budalic
- 28 Mar 2023
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Over the last year, immigrant numbers have multiplied in Serbia. Yet, not all newcomers foresee and realize the difficulties they may face in a foreign country. Living expenses in Serbia is also an unknown territory to them.
Most immigrate with no definite plans hoping to learn important things about the country when they arrive which is hardly the right attitude. Only some foreign nationals demonstrate a conscious approach to immigration and learn everything they can about life in Serbia and future expenses therein in advance.
Reasons why Serbia has turned into a popular immigration destination
In 2023, reasons to choose Serbia as your immigration destination are numerous and quite obvious: In most cases, you may enter Serbia for 30 to 90 days without a visa. Serbia comes with affordable and participant-friendly residence, employment, and study programs. You can marry a Serbian citizen or purchase real estate of any value, incorporate a company in Serbia, etc. to be eligible for residency in Serbia.
Secure and stable banking sector, with an opportunity to set up a card account in Serbia to use your bank card in the jurisdiction you come from
Low crime rate providing for a safe and trouble-free life in Serbia
Affordable housing and food prices.
NB: amid the major global economic crisis and with foreigners interested in moving to Serbia, food, transport, and property prices in the country are on the rise. To plan your budget accordingly, be sure to check the actual prices in messenger groups and forums you belong to.
How much money do you need to live in Serbia?
At International Wealth, we receive lots of questions on the subject. To plan your budget accordingly, you should learn how high the living expenses are in Serbia and have the simplest yet important questions answered. How much money do you need to pay your expenses in Serbia each month? What are the rents in Belgrade? What income is enough to immigrate to Serbia and live comfortably therein? These are all vital aspects for would-be immigrants.
FYI: with a relatively low income, you can start small by renting an apartment in the suburbs or countryside and launching a business in Serbia to gradually grow your income.
Living in Serbia – what to expect
Life in Serbia is not much different from the way people live elsewhere in the world. This means, they plan their income and expenses and rely on their social status when trying to reach the set goals. In Serbia, foreigners feel safe and are not afraid to leave their apartments or speak their native language. Depending on your income and profession, you may either enjoy a luxury or a modest lifestyle in Serbia. With multiple expat groups online and offline, language barriers aren’t an issue. Read More…
