News
Change of Employer in Serbia: a Guide for Foreign Workers and Employers
Among the many benefits introduced by the amendments to the Law on Foreigners and the Law on the Employment of Foreigners, effective from February 1, 2024, one significant change stands out: foreign nationals holding a Single Permit will no longer be required to obtain a new permit if they choose to change their employer or take on additional employment in Serbia.
Where to Travel in November? Top 5 Beach Destinations
As autumn comes to an end and colder months approach, many may consider a getaway to warmer destinations. November is a favorable time for travel; popular locations are less crowded, and accommodation and flight prices tend to be more reasonable.
Croatia Introduces New Property Tax Law
The Croatian government has announced a new property tax initiative set to take effect on January 1, 2025. This legislation will replace the existing vacation home tax and will apply to all residential properties, with certain exemptions.
Hungary: New Restrictions on Hiring Foreigners
Hungary has implemented new regulations aimed at prioritizing local employment and limiting the hiring of foreign nationals. Employers now face increased reporting obligations and restrictions if they have recent labor violations.
Serbia: Real Estate Focus
Serbia’s residential market sees a shift toward buildings exclusively for lease, highlighted by AFI’s new 147-unit project in Belgrade. This trend, driven by Millennials and Gen Z, offers promising opportunities for investors.
Delays Continue for EU's Entry/Exit System Rollout
The European Union's initiative to modernize border checks is facing further setbacks, with the Entry/Exit System (EES) now postponed indefinitely. Originally slated to launch on November 10, 2024, the project will not proceed as planned, leaving many questions unanswered.
Serbian Coordination Directorate Passports Entered EU Visa-Free Regime
Effective 13th October, 2024, Serbian nationals who reside in Kosovo and hold passports issued by Serbia's Coordination Directorate (Koordinaciona uprava) no longer need a visa to EU for stays up to 90 cumulative days within a 180-day rolling period.
Finland raises income thresholds for Residence permit applicants
Starting November 1, the financial threshold for a Finnish Residence permit will be 14,520 EUR per year for sinle applicants and 800 EUR per month for students. The increase will only affect new applicants.