Can I own a free-hold property in Bosnia and Herzegovina?
Yes, you can own a free-hold property either directly in your personal name or through a company that you own at 100% depending on your present nationality.
What is the difference?
Bosnia and Herzegovina is applying the principle of reciprocity. If Bosnians can own directly in their name in your country of origin then you can also own directly in your name. In the opposite case you will have to establish the company and own through it.
How can I establish a company?
Park Consultancy under Park Group Dubai offers a full service of registering a company in Bosnia and Herzegovina as well as the annual maintenance service.
Park Consultancy can assist you in obtaining the residency and work permit as well.
How much fees would cost me to buy and register a property?
One-time payment of 5% of the value of the property as registration fee. The land purchase is exempted from VAT. The constructed property purchase (appartment or villa) is subject to 17% VAT.
Can I obtain, one day, the citizenship of the country?
Yes, you can. After a period of 3 to 5 years, you will be eligible to apply for it.