According to a recent research carried out by Dr. Gil Feiler, author of \"Investing in Russia, the Ukraine, Latvia, Lithuania and Kazakhstan\", Serbia attracted a total FDI of $18  billion during the period 2000-2007.  The main investor countires were: Austria with  $2.75 billion, Greece invested $2.1 billion, Norway $1.7 billion and Germany $1.6 billion. The main sectors that attracted the foreign investors were the banking sector with  28 percent,  production sector with 15 percent, telecommunications sector with 12 percent, trade with 10 percent and real estate sector with 9 percent.

As of 2008, the Serbian authorities approved 69 new projects with total investments of $555 million. According to Dr. Feiler, those projects are to create aroud 12,900 new job openings. Dr. Feiler noted that most of the countries around Serbia are attracting more foreign investments. Although most Russians are searching for properties close to home, Serbia is not on the top ten list of countries, added Dr. Feiler.