Buying Property in Slovenia: A Simple Ticket to the European Union

Slovenia has practically no competitors among other fears that have similar conditions - precisely in the context of a high standard of living and liberal attitude of state bodies when obtaining a residence permit, but it is important to understand that paperwork will not work if a foreigner submits documents as an individual. The main requirement is the creation of a company in Slovenia and an investment in its core business of at least 50,000 euros. It is also considering the option of confirming monthly turnover in the amount of 10,000 euros during the 6 months preceding the application.

When opening a legal entity in Slovenia, the director of the company has the right to apply for a residence permit in order to work in his company. The procedure for obtaining a working residence permit itself takes a period of 4 months, although there are also cases when the process is faster within two months. The simplest form of legal education for a foreigner in Slovenia is a limited liability company.

Proceed with registration, perhaps on your own or seek qualified assistance from the relevant specialists. At the legislative level, a number of measures are provided for registering a company, including entering data on a legal entity into a single corresponding register. As a rule, registration of a legal entity in Slovenia takes from 5 to 15 days. After passing this procedure, you can submit documents for approval of labor activity and obtaining a residence permit.

Conditions for obtaining a residence permit

When opening a company, the authorized capital must be deposited into the company's account in a minimum amount of 7,500 euros, and then the previously mentioned 50,000 euros must be invested. At the same time, an enterprise can consist of only one employee, but it is imperative that the company demonstrates its turnover - this factor is the most important condition for the subsequent extension of documents.

The first submission of documents takes place through the embassy in Russia, further extension is carried out directly in Slovenia itself. To maintain legal status, there is no need to be present on the territory of Slovenia for more than 180 calendar days, therefore, work can be carried out while in Russia, but it is important to understand that in this case a foreigner does not have the right to work while in another country where there are no immigration documents.

From residence permit to citizenship

First, a residence permit is issued to a foreign citizen for a period of 1 year, then this period is subject to extension for five years. If during this period a foreigner has not violated anything, he can count on and submit an application for permanent residence (there is no need to take an exam in language proficiency), and after 8-10 years, obtain Slovenian citizenship. That is, in total, one must have a legal and continuous status of residence in Slovenia for 10 years, not have any debts to the state, as well as gross violations of the law, confirmed by a court decision. Therefore, a prerequisite for adult citizens to carry out the procedure is the presence of a certificate of no criminal record.

Family reunification

Any foreigner with a residence permit has the right to issue a residence permit for his family members, whom, according to the law of the country from which he came, he is obliged to support (children, parents, legal spouses). Family reunification can be issued only after a year of having a residence permit or later. Family members can receive permanent residence after 2 years, provided that the family member for which they receive a residence permit already has permanent residence or citizenship. Family members are also eligible for insurance and benefits for a working family member.

Costs

The cost of services for obtaining a working residence permit depends on the prices of a particular agency and the status of a law office, but the amount usually varies from 1,500 to 2,000 euros per person. For family reunification, the usual payment for 1 person is about 500-1000 euros. It is also possible to calculate upon the provision of the service by the amount of time spent on the basis of the provided report.

For the stable operation of the company, a good investment can be the purchase of a commercial facility with an anchor tenant. This will allow you to receive a stable income for five years or more, while maintaining the passive activity of the company, which can also be trading, manufacturing, consulting, etc. The amount that is required to cover the minimum monthly minimum is about 1,500 euros, of which about 700 euros is returned to the director of the company (that is, the owner) to the account in the form of wages. This amount also includes the costs of accounting services and legal address.

Maintenance costs will be small: 19% will be tax from the company's turnover, accounting - about 100-200 euros, maintaining a legal address - 80 euros, registration at the place of residence - 120 euros (1200 euros per year) and expenses for maintaining a bank account at a rate of 20 euros per month.

Slovenia: European Center for Business Immigration

Thus, obtaining a residence permit in Slovenia today is the most common business immigration option in the European Union. It is also important to understand that the required minimum limit of 50,000 euros can also become an investment, thanks to which the owner of the company can purchase equipment, property for doing business or real estate. Of course, it is almost impossible to buy real estate in Slovenia for 50,000 euros, however, our compatriots see advantages for themselves when investing in real estate amounts higher than necessary, as a result of which they get the opportunity to stay in the country 365 days a year and, which is very important, the right to work in Slovenia.

Many experts point out that the cost of real estate in Slovenia is higher than, for example, in Spain, Portugal or Croatia, but the standard of living, ecology, safety both on the streets and in the legal field, and simply the beauty of this country, covers all the disadvantages of the high cost real estate in the country. In addition, at present in Slovenia there are practically no problems with the issuance of permanent residence status or citizenship, if all the conditions stipulated by the law are met by the applicant for the status.

Thank you for your help in preparing the material:

Olga Sluchanko, lawyer and licensed realtor at Roni nepremi nine

Natalia Zavalishina, director of Distant Property

Victoria Savchenko, expert at Future Real Estate

Tatiana Mkrtychyan, Director of Galinvest