The process of buying property in Slovenia

Opening a company registered in Slovenia gives you the right to receive a residence permit in the country for a total period of five years, and then permanent residence. The Slovenian real estate market is dominated by the supply of secondary real estate; in Ljubljana and on the coast, this difference is less than in other regions of Slovenia. Construction in the country was carried out in limited volumes, so there are few new buildings here. In this case, transactions are usually made through real estate agencies. In the case of buying real estate through an agency, the commission will be about 4%, which, as a rule, is paid by the buyer. Buying process The process of buying real estate in Slovenia usually takes one to two months, and if you buy a house with a land plot, it will take more time. The procedure for purchasing housing in Slovenia is quite simple and consists of several stages. After choosing the property you like, it is necessary to conduct an additional check for legal purity and the presence of encumbrances. When buying through a real estate agency, as a rule, objects that have already passed the check are offered. After the buyer has agreed with the seller about the price, you can start registering a legal entity. Foreigners can register a legal entity in Slovenia in their own name. The legal entity registration procedure usually does not take more than two weeks. Opening a company will cost about 3900 euros excluding the authorized capital, and obtaining a residence permit - about 2500 euros for each applicant. The amount of the authorized capital of the company must be at least 7000 euros. You can register a company without personal presence by issuing a power of attorney. After registering a legal entity, the founders need to obtain a work permit in the country. At the same time as the registration of the company, you need to open a company account in a bank in Slovenia. Also, to buy real estate, you need to get an individual tax number. When concluding a sales contract, a deposit (or ara) is made, which will be taken into account when the entire amount is paid. The size of the deposit is usually around 10% of the purchase price. At the stage of discussing the sale and purchase agreement, the timing of the payment of the entire amount, the date of transfer of ownership to the new owner are determined. If the terms of the contract are violated by the buyer, the seller keeps the deposit for himself, if the seller violates the conditions, he pays the deposit to the buyer in double amount. The sales contract is signed by the seller and the founder of the legal entity. At the conclusion of the contract, a deposit is paid, the rest of the amount is paid after the transaction. Registration of the property in the land registry and all real estate inspections must be completed prior to the conclusion of the contract. Registration in the cadastre takes about one month from the date of application. The purchase is paid by transferring the entire amount from the account of the legal entity to the account of the seller. Then you can apply for a residence permit in Slovenia, which will also take about one month. After five years of legal stay in the country on the basis of a residence permit, it is possible to obtain permanent residence, and without passing an exam on proficiency in the Slovenian language. Having received a permit for permanent residence in Slovenia, real estate can be re-registered from a legal entity to an individual. HomesOverseas.ru