When choosing a country for living, working, or doing business in the Balkans, one often wonders: where is it easier and more beneficial to obtain a temporary residence permit (RP)?
Today, we will review the specifics of RP programs in North Macedonia, Serbia, and Albania. We’ll compare taxes, application timelines, and other key factors to help you make an informed decision.
Residence Permit in North Macedonia
Taxes:
RP processing times:
Cost of living:
Advantages:
✅ Fast company registration
✅ Low taxes for both businesses and individuals
✅ Eligibility for permanent residence after 5 years
✅ Affordable cost of living and high-quality services
Residence Permit in Serbia
Taxes:
RP processing times:
Cost of living:
Advantages:
✅ Strategic location for doing business in Europe
✅ Relatively low operating costs for companies
✅ Opportunity for the entire family to obtain RP together
✅ High level of infrastructure and services
Residence Permit in Albania
Taxes:
RP processing times:
Cost of living:
Advantages:
✅ Low taxes for small and medium-sized businesses
✅ Growing economy with investment potential
✅ Affordable cost of living and business operations
✅ Simplified procedures for tourism and real estate investors
RP Comparison Table: North Macedonia, Serbia, and Albania
|
Criteria |
North Macedonia 🇲🇰 |
Serbia 🇷🇸 |
Albania 🇦🇱 |
|
Corporate Tax |
10% |
15% |
0–15% |
|
VAT |
18% / 5% |
20% / 10% |
20% |
|
Company Registration Time |
7–10 days |
5–7 days |
7–10 days |
|
RP Application Processing Time |
30–45 days |
30–45 days |
45–60 days |
|
Cost of Living (2 persons) |
€800–€1,000 |
€1,000–€1,200 |
€700–€900 |
|
Grocery Basket |
€300–€400 |
€400–€500 |
€250–€350 |
How to Choose the Right Country for RP?
✅ North Macedonia is ideal for those who value low taxes, fast business registration, and affordable living. A great choice for families and entrepreneurs who want to minimize bureaucracy and focus on growth.
✅ Serbia is perfect for those seeking developed infrastructure and access to the European market. The country is well-suited for businesses with international connections.
✅ Albania is an excellent option for investors in tourism and real estate. Thanks to low taxes and a low cost of living, the country offers great opportunities for new projects.
Urban Consult — Your Trusted Partner in the Balkans
We assist with legalizing your stay and opening businesses in North Macedonia, Serbia, and Albania. Our experts:
