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Nicolas Marquier, Regional Manager for the Western Balkans at the IFC

Financing the Future

IFC, the largest global development institution, has provided almost $1 billion in financing to Serbia’s private sector over the past six years IFC, as a...

Iosif Vangelatos, General Manager, Inos Balkan

Proud of Tripling Trade Volume

Inos Balkan already possessed extensive expertise in the recycling sector, with its collection and processing centres, while it has today transformed itself successfully to...

Aris Karousos, CEO of Eko Serbia

Drivers Know Why They Choose Eko

Two decades ago, when this company launched its operations in Serbia, the desire was for the EKO brand to become synonymous with reliability, quality...

Danilo Đurović, General Manager, Autotechnica Serbia – Hertz

Introducing Flex Drive

As part of the Autohellas Group, which has been the absolute leader of Greece’s automotive sector since 1974, Hertz is more than just a...

Nikos Veropoulos, Owner, Veropoulos

Super Vero, Super Successful

For two decades already, company Veropoulos has been known on our market for its unique offer and high-quality products at promotional prices, but also...

Srećko Stamenković, Director Of The Chamber Of Human Resources Managers Of Serbia

Potential Not To Be Rejected

Telemigration should be viewed primarily as an opportunity for development through the prism of increasing exports of (intellectual) services and should be ordered to the mutual satisfaction of the host country and the provider of those digital services

Telemigration is a by-product of globalisation, the pandemic and the calculation of operational costs among business owners.

It represents nothing more than the sale of services and is in direct correlation with the possibility of securing employment in one’s country of residence and average salary level. Telemigration should be viewed primarily as an opportunity for development through the prism of increasing exports of (intellectual) services and should be ordered to the mutual satisfaction of the host country and the provider of those digital services.

A service provider, i.e., a potential telemigrant, pays tax (VAT) to the host country (Serbia) every time they grab their wallet to pay for something, whether that’s water, electricity, fuel, food, an apartment, or any product they buy or service they want or need to use. If filling that same wallet becomes difficult or impossible, for various reasons, then the service provider will easily “teleport” themselves to the first neighbouring country and do the same thing that has been made impossible in their own country, because all they need for that is a computer, a chair, time and goodwill.

With a little understanding and work, a win-win solution would be reached that would satisfy and realise the interests of all participants and interested parties: the state, potential telemigrants and foreign employers

In order to have the right attitude towards these people, and to assume the proper stance, they shouldn’t be viewed as people who make good money and should be “plucked” in every possible way. Consideration should be given to the direction of the labour market in the period of ten years and more, to the way technology developments will move in that period, which impacts on human life at an unimaginable speed, and first and foremost artificial intelligence. We then need to observe birth rate trends, the age structure of the population, how education will move and in which direction, but also healthcare protection and all those aspects that comprise and influence a person’s life through work, working conditions and private life.

It’s easy to lose such people and difficult and expensive to acquire them. A completely new approach needs to be enabled and created, one that would be understandable and acceptable for them (digital) and that would yield good results. For example, create a platform through which everything would unfold and through which the state could have control over employers, employees and mutual money flows. It is also necessary to start “imposing” the obligation that employers first access the platform through “informative” marketing and the providing of various benefits, starting from access to information about the labour market, and then extend it to job seekers, i.e., service providers.

With a little understanding and work, a win-win solution would be reached that would satisfy and realise the interests of all participants and interested parties: the state, potential telemigrants and foreign employers.

It is important to know that they are an inevitable part of the present and the future when it comes to the organisation of work, because costs for the employer are thereby reduced, and reduced costs is an imperative of every business owner, and bringing order to digital business should be approached as soon as possible, in order to shift from being exporters of telemigrants to recipients.

Comment

Census Results Cause Concern

The Ministry of Education claims to be exerting ongoing efforts to reform education, but census results indicate the need for more work. The “Platform...

By Iva Draškić Vićanović Ph.D., Dean of the University of Belgrade Faculty of Philology

Restore Teachers’ Dignity

The proposals presented in our Platform are viable over the short term, require no large and lasting reforms and could lead to major visible...

Comment by Prof. dr Slobodan Zečević

The Mirage of the European Oasis

Serbia officially began EU accession negotiations in January 2014. Over the subsequent decade, 22 of the 35 accession negotiation chapters have been opened and...

Plamena Halacheva, Deputy Head of the Delegation of the European Union to Serbia

Easier Access to the Western Balkans’ Single Market

The EU aims to involve Western Balkans partners with its Member States on equal terms, fostering a reform partnership that’s oriented towards the future...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Serbia Advances in Renewable Energy with Pupin Wind Park Financing

In a significant stride towards renewable energy adoption, Serbia has finalized the financial arrangements for the Pupin Wind Park,...

Đedović Handanović: Nuclear Energy in Serbia by 2039 at the Earliest

Nuclear energy in Serbia could become a reality by 2039 at the earliest, should work on the project commence...

Belgrade’s Hotel Jugoslavija Sold, Sparks Redevelopment Controversy

Belgrade's iconic Hotel Jugoslavija, located in Serbia's capital, has been sold for approximately €27 million to MV Investment, affiliated...

Bosnia and Herzegovina Kickstarts EU Membership Talks

Bosnia and Herzegovina has initiated accession negotiations with the European Union, a development hailed as a pivotal advancement for...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Belgrade University Partners with CERN on Future Circular Collider Project

The University of Belgrade has officially become part of CERN's largest scientific endeavor, the Future Circular Collider (FCC) project,...

Kushner Eyes Balkan Luxury Developments in Serbia and Albania

Jared Kushner, closely related to former U.S. President Donald Trump as his son-in-law, is turning his attention to the...

European Parliament Passes Groundbreaking AI Law

The European Parliament has adopted the Artificial Intelligence (AI) Act, aiming to safeguard fundamental rights, democracy, the rule of...

European Parliament Members Endorse Western Balkan Reform and Growth Instrument

Members of the European Parliament's committees on foreign affairs and budget have officially adopted a stance on the Western...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Belgrade University Partners with CERN on Future Circular Collider Project

The University of Belgrade has officially become part of CERN's largest scientific endeavor, the Future Circular Collider (FCC) project,...

Kushner Eyes Balkan Luxury Developments in Serbia and Albania

Jared Kushner, closely related to former U.S. President Donald Trump as his son-in-law, is turning his attention to the...

European Parliament Passes Groundbreaking AI Law

The European Parliament has adopted the Artificial Intelligence (AI) Act, aiming to safeguard fundamental rights, democracy, the rule of...

European Parliament Members Endorse Western Balkan Reform and Growth Instrument

Members of the European Parliament's committees on foreign affairs and budget have officially adopted a stance on the Western...
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