Invest in Real Estates in Bosnia and Herzegovina
Here are some reasons why to choose Bosnia and Herzegovina for your investments as explained on Foreign Investment Promotion Agency of Bosnia and Herzegovina website :
- Strategic location
- Available natural resources and beauties
- Long tradition in different industry branches
- Abundance of industrial zone, attractive sites and available production facilities
- Favorable legal environment
- Low tax rates
- Highly educated and price competitive labor force
- Stable domestic currency BAM pegged to EURO
- Regional and bilateral Free Trade Agreements
- EU perspective
Before coming to the main point it is important to explain more about Bosnia and Herzegovina and advantages of investing there.
Bosnia and Herzegovina lies in the heart of southeast Europe. Bosnia and Herzegovina has the most stable currency in the South East Europe, which is directly linked to the Euro. Central Bank of Bosnia and Herzegovina maintains monetary stability by issuing domestic currency according to the Currency Board arrangement with full coverage in freely convertible foreign exchange funds under fixed exchange rate 1 BAM: 0,51129 EUR.
So you should not be feared of getting your real estates loosing the value since it is pegged with the EUR.
Taxation System in Bosnia and Herzegovina
Tax for property (sale) is 5%
Best location to invest in your real estates is the Sarajevo capital city of the Bosnia and Herzegovina. Real estates in Bosnia and Herzegovina are relatively cheap and Sarajevo is the most profitable for renting or selling your real estates.
Prices of Real Estates in Sarajevo, Bosnia and Herzegovina
Prices of real estates vary according to the specific location but mostly price range is from 25,000 EUR to 100,000 EUR. In the downtown at city center you can find a real estate for the 1,500 EUR/meter2 more or less depending how lucky you are. When you take in consideration that Sarajevo is a capital city of a Bosnia and it is a city center it is relatively cheap.
A little bit far away from the city center you can buy a real estates for the 750 EUR/meter2. Buying process is not hard at all and easily you can get the ownership.
Why I should buy real estates in Sarajevo or Bosnia and Herzegovina?
Because Sarajevo tends to be main student city in region. In Sarajevo you will see students studying in Bosnia from everywhere. Biggest number of students comes from Turkey, Egypt, United States, Austria, India, from all nations and right now Sarajevo is fully under construction. On each corner you will see new buildings or even new blocks consisting of 20 buildings only for living. Students are the main source of good profit but also families which came to work in Sarajevo as well.
I am interested in buying real estates in Bosnia and Herzegovina but don’t know how.