Serbia to grant residence, work permits to foreigners working remotely for employers based abroad

"Our idea is to be the first country in Europe that will introduce the possibility for those working for foreign companies who are not our citizens, to continue doing their job, living in Serbia," Djordjevic said in a press release on Wednesday.

Foreign citizens who can prove that they receive a gross monthly salary of more than 3,500 euro ($4,100) from an employer based abroad and want to live in Serbia will be able to obtain a one-year residence and work permit, Djordjevic said.

In this way, Serbia will be able to increase its value-added tax (VAT) revenue, Djordjevic added.

($ = 0.859156 euro)