By opening savings account in SERBIAN banks you will get highest interest rates in EUROPE!!
HOW BIG IS THE INTEREST ON US DOLLARS?
interest on savings account could go as high as 4% per year for US DOLLARS/EUROS/CANADIAN DOLLAR ETC
usually for short term deposits interest could be around 2.70-4% per year
IS THERE A TAX ON THE INTEREST GAINED FROM SAVING DEPOSITS ?
there is a tax on interest gained from foreign currency deposit
IS THERE EVEN HIGHER INTEREST AND HOW IS CALCULATED ??
on deposits made in respective domestic currency investors might get as much as 18% interest and taxes are not levied
ARE THE DEPOSITS INSURED LIKE THEY ARE IN THE US??
all bank deposits are insured in the same way as in USA/EU etc.-all banking laws common in those countries apply to bank operating in SOUTH EAST EUROPE
WHAT KIND OF THE BANKS ARE THOSE …ARE THEY SAFE ??
Banks offering this kinds of interest and services (such as wire transfers/check issuance/cc service and issuance )are very well known German,Austrian,Italian etc banks with international ratings
ARE THEY ANY DOMESTIC BANKS ?AND WHAT KIND OF DEAL THEY OFFER??
also there is a number of domestic banks in respective countries which might offer even more generous interest to foreign investors and depositors willing to bank with them
CAN US/EU/CANADIAN/ etc CITIZENS OPEN SAVINGS ACCOUNT IN SERBIA ?
Yes, citizens from any country in the world can open savings account in Serbia
IS THERE A WIRE TRANSFER SERVICE BETWEEN US BANKS AND BANKS IN SERBIA ?
Yes
DOES BANKS IN SERBIA REPORT TO IRS OR OTHER TAX OFFICES OUTSIDE SERBIA ACCOUNT DETAILS OF FOREIGN CLIENTS ?
No -reporting foreign earnings and foreign bank accounts to respective tax services in ones clients native country is sole responsibility of the client ,in Serbia there is no legal provision to release bank account details of foreign investors to anyone outside Serbia
IS THERE A DEPOSIT LIMIT ?
No ,you can open savings account with as much as 100 dollars
Banks don’t question source of the money from foreign clients/depositors
HOW COMMON IS FOR FOREIGN CITIZENS TO OPEN BANK ACCOUNTS IN SERBIA ?
Very common
Usually at any bank in Serbia bank staff on average speaks at least 1 or even up to 3 different languages just for that reason alone (ENGLISH/FRENCH/ITALIAN language are widely used and spoken by bank staff across Serbia )
DISCLAIMER:ALL COMMENTS ABOVE AND BUSINESS IDEAS ARE MY INTELLECTUAL PROPERTY AND SHOULD NOT BE USED WITHOUT PERMISSION OR IN THE CASE OF REALIZATION OF THE SAME OR SIMILAR BUSINESS IDEAS IN SERBIA/CROATIA/MONTENEGRO WITHOUT PRIOR CONTACT WITH ME
DISCLAIMER:ALL COMMENTS ABOVE AND BUSINESS IDEAS ARE MY INTELLECTUAL PROPERTY AND SHOULD NOT BE USED WITHOUT PERMISSION OR IN THE CASE OF REALIZATION OF THE SAME OR SIMILAR BUSINESS IDEAS IN SERBIA/CROATIA/MONTENEGRO WITHOUT PRIOR CONTACTS WITH ME
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