Serbia: Lifestyle and National Character

While living in Western European nations may offer comfort, it comes at a premium. Serbia provides a comparable level of comfort at a fraction of the cost, making it an appealing destination for immigrants. Moreover, Serbia extends enticing incentives to entrepreneurs, both domestic and foreign. With a straightforward business setup process and a corporate income tax rate of just 15%, Serbia stands out as an attractive option, particularly when compared to Western European counterparts.

For those contemplating a move to Serbia, understanding the local way of life and Serbian national character is essential. Below, we delve into some key aspects to anticipate upon relocating to Serbia.

With a population of approximately 6.8 million people, Serbia is a small European country, with over a million Serbians residing in the capital city of Belgrade. Another industrial hub is Novi Sad, often chosen by foreigners for settlement. Despite its name, which translates to "New Garden" in Serbian, Novi Sad offers bustling urban life rather than melancholy.

Serbian municipalities wield considerable regulatory authority, empowering them to establish Free Trade Zones, develop techno parks, and provide social assistance to residents. Notably, Novi Sad's municipal authorities have been offering subsidies to all schoolchildren since 2022, irrespective of nationality, a policy not yet adopted in Belgrade.

In terms of national character, Serbians share similarities with Italians, particularly in their approach to work—methodically and without haste. The Serbian term "polako," meaning "slowly," encapsulates this characteristic. The business day typically spans from 8 a.m. to 3 p.m., with state agencies closing thereafter. Serbians prioritize work-life balance, rarely working beyond eight hours a day and dedicating ample time to family and leisure activities.

In Serbia, personal relationships hold great significance, facilitating business operations and societal interactions. While adherence to written agreements may vary, verbal agreements sealed with a handshake are revered.

Expectations of punctuality may differ in Serbia, where standing patiently in lines is customary. Service availability operates within defined hours, reflecting a relaxed attitude toward time.

English proficiency is widespread among Serbians, making communication accessible for expatriates. Additionally, Serbia's central location in Europe facilitates travel to neighboring countries, with the Serbian language understood across several bordering nations.

The cost of living in Serbia offers affordability without compromising quality. Rent for a studio apartment in Belgrade averages €500 per month, while a 50-square-meter apartment in the city center costs approximately €750, excluding utilities. A monthly food budget of €70 suffices for grocery expenses.

Serbia prioritizes high-quality, organic food products, with governmental measures discouraging the use of antibiotics and pesticides. Private kindergartens and schools are available, with state schools offering commendable education standards, including language support for foreign children.

Medical insurance in Serbia starts at €8 per month, ensuring access to satisfactory healthcare services for expatriates.

Consider Serbia as a viable relocation destination, offering a comfortable lifestyle at affordable rates. Few European countries rival Serbia's blend of comfort, affordability, and accessibility.

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