Any changes in buying property?

Member since 04 July 2013

marydollNew member30 November 2015 06:17:19

Has there been any changes in the laws for people from other EU countries buying properties in Croatia?
Do they STILL have to go through the whole precession of setting up a company, that doesn't do anything except generate paper work.
Does any one know if there will be changes?

Jessi007 Active member

Member since 21 October 2015

Jessi007Active member30 November 2015 07:08:23

"Anyone from the EU has recently been given the right to buy property in the same way that citizens of Croatia have (from February 2009).

For individuals who are not EU citizens but are from a country with reciprocal property purchasing agreements, they need an approval from the Croatian Ministry of Justice. (Such countries are where Croatians are allowed to buy Property). This takes time (possibly 6 months or longer) but in the meantime you will be allowed possession of the property. When you have the approval, your contract is authorised by the court and you receive the title deeds. There is a real estate purchase tax of 5%, and this is due when the property is registered.

Anyone who buys their property as a private person and keeps the property for longer than 3 years is not liable to any capital gains tax." -CPS

Hope this helps?聽