News

Agreement Initialed on the Deployment of EU Border Guards in Bosnia and Herzegovina
On December 18, 2024, Bosnia and Herzegovina (BiH) and the European Union (EU) initialed an agreement in Sarajevo to enable the deployment of officers from the European Border and Coast Guard Agency (Frontex). This initiative aims to strengthen border management and address security challenges, particularly irregular migration along the Western Balkans route.

China eases visa-free transit rules
China has announced simplification of the visa-free transit rules for foreign citizens. The new changes have come into effect from December 17, 2024.

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.

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.

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.

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.

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.