{"id":1988,"date":"2024-08-31T15:28:03","date_gmt":"2024-08-31T13:28:03","guid":{"rendered":"https:\/\/advokatskakancelarijajecmenica.com\/?p=1988"},"modified":"2024-08-31T15:28:03","modified_gmt":"2024-08-31T13:28:03","slug":"residence-of-foreigners-in-serbia-based-on-property-purchase","status":"publish","type":"post","link":"https:\/\/advokatskakancelarijajecmenica.com\/en\/residence-of-foreigners-in-serbia-based-on-property-purchase\/","title":{"rendered":"RESIDENCE OF FOREIGNERS IN SERBIA BASED ON PROPERTY PURCHASE"},"content":{"rendered":"

Ownership of real estate in the territory of another country generally provides foreign citizens with a wide range of rights. These rights can vary depending on local legislative solutions, ranging from a golden visa, through temporary residence, to citizenship.<\/span><\/em><\/p>\n

The Republic of Serbia is not an exception in this regard, as it allows foreigners who own property<\/strong> to obtain temporary residence<\/span><\/em><\/strong><\/a>, and under certain conditions, permanent residency and citizenship. Foreign citizens can acquire<\/strong> ownership rights over real estate (apartments and houses) in Serbia, under certain conditions<\/strong>.<\/span><\/p>\n

THE RIGHT OF FOREIGNERS TO ACQUIRE PROPERTY OWNERSHIP IN SERBIA<\/span><\/strong><\/p>\n

Foreign citizens can acquire ownership rights over apartments and houses in the Republic of Serbia, provided that there is reciprocity<\/strong>. This means that only foreign citizens from countries that allow Serbian citizens<\/strong> to acquire property on their territory can purchase real estate in the Republic of Serbia. Additionally, foreign citizens can acquire property ownership<\/span><\/strong><\/em><\/a> in Serbia through inheritance<\/strong>, also under the condition of reciprocity.<\/span><\/p>\n

The Law on Foreigners does not impose any restrictions<\/strong> regarding the location, price, or size of the real estate. Real estate is defined exclusively as apartments<\/strong> and family buildings or houses<\/strong>. This implies that owning land in the territory of Serbia does not entitle<\/strong> a foreigner to apply for temporary residence.<\/span><\/p>\n

Since there are no restrictions on the value<\/strong> of the property, foreigners can purchase houses or apartments in the interior of Serbia, where the prices are not exorbitant and often do not exceed 30,000 euros<\/strong>. When buying a house in Serbia, foreigners acquire the right to purchase the land<\/strong> on which the house is built. In this way, foreign citizens not only gain ownership of a family house but also have the opportunity to own their yard<\/strong>, which greatly enhances the attractiveness of such transactions.<\/span><\/p>\n

TEMPORARY RESIDENCE OF FOREIGNERS IN SERBIA BASED ON PROPERTY PURCHASE<\/strong><\/span><\/p>\n

The purchase agreement for real estate is notarized by a public notary<\/strong>. A foreigner can purchase the property in person<\/strong> by appearing before a public notary or through an attorney<\/strong> as a proxy. If the foreigner buys the property through an attorney, they must grant the attorney a power of attorney<\/strong>, which must be notarized abroad and duly legalized for use in Serbia. A foreigner acquires ownership rights to the property only after it is registered in the Real Estate Cadastre<\/strong>.<\/span><\/p>\n

After concluding the property purchase agreement, a foreigner gains the right to apply for temporary residence of foreigners<\/strong>\u00a0in Serbia. This does not apply to citizens of countries that require a visa to enter Serbia, as they must first obtain a long-term visa for Serbia (Visa D)<\/strong>.<\/span><\/p>\n

The request for temporary residence of foreigners approval is decided by the competent police administration for foreigners<\/strong> according to the location of the property. As a rule, a foreigner applying for temporary residence on this basis is granted a permit for a period of 3 years<\/strong>, with the possibility of extension.<\/span><\/p>\n

A special benefit for foreigners who obtain temporary residence in Serbia based on property ownership is that they can work in Serbia<\/strong> without needing to acquire a separate work permit<\/span><\/strong><\/em><\/a>. The legislator recognized that this category of foreigners has such a close connection with Serbia that they are allowed to work in the country without undergoing additional procedures.<\/span><\/p>\n

For more information on this and other matters related to foreign law, it is best to contact<\/span><\/em><\/strong><\/a> an attorney.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Ownership of real estate in the territory of another country generally provides foreign citizens with a wide range of rights. These rights can vary depending on local legislative solutions, ranging from a golden visa, through temporary residence, to citizenship. The Republic of Serbia is not an exception in this regard, as it allows foreigners who […]<\/p>\n","protected":false},"author":3,"featured_media":1989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79],"tags":[187],"class_list":["post-1988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-residence-of-foreigners-in-serbia"],"_links":{"self":[{"href":"https:\/\/advokatskakancelarijajecmenica.com\/en\/wp-json\/wp\/v2\/posts\/1988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advokatskakancelarijajecmenica.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advokatskakancelarijajecmenica.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advokatskakancelarijajecmenica.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/advokatskakancelarijajecmenica.com\/en\/wp-json\/wp\/v2\/comments?post=1988"}],"version-history":[{"count":0,"href":"https:\/\/advokatskakancelarijajecmenica.com\/en\/wp-json\/wp\/v2\/posts\/1988\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advokatskakancelarijajecmenica.com\/en\/wp-json\/wp\/v2\/media\/1989"}],"wp:attachment":[{"href":"https:\/\/advokatskakancelarijajecmenica.com\/en\/wp-json\/wp\/v2\/media?parent=1988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advokatskakancelarijajecmenica.com\/en\/wp-json\/wp\/v2\/categories?post=1988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advokatskakancelarijajecmenica.com\/en\/wp-json\/wp\/v2\/tags?post=1988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}