Can Foreigners Buy Property in Bosnia?
Yes. Foreign nationals can purchase real estate in Bosnia and Herzegovina under the principle of reciprocity. Citizens of most European countries, the USA, Turkey, and many others can buy property here with minimal restrictions.
Why Mostar?
Mostar is increasingly popular among foreign buyers for several reasons:
- Price – significantly more affordable than Dubrovnik, Split, or coastal Montenegro
- Climate – Mediterranean microclimate with over 2,700 sunshine hours per year
- Culture – UNESCO-listed Old Town, Stari Most bridge
- Growing tourism – making it attractive for rental investment
- Connectivity – close to Dubrovnik airport (75 km), Split airport (150 km)
Legal Framework
Foreign nationals buying property in Bosnia must go through the same process as domestic buyers, with some additional steps:
- Proof of reciprocity – your country must allow Bosnian citizens to buy property there
- Tax identification number – required for the purchase contract and tax payment
- Bank account – recommended for payment traceability
Step-by-Step Process
1. Find the Property
Use a licensed local agency like Arimes. We can coordinate viewings remotely and in person.
2. Legal Check
We verify ownership, encumbrances, building permits, and energy certificates before you commit.
3. Purchase Agreement
A preliminary agreement (kapara) is signed, with a deposit of ~10% of the purchase price.
4. Notary
The final purchase contract is signed before a certified notary. You can provide power of attorney if you cannot be present in person.
5. Tax Payment
Transfer tax is 5% of the purchase price, paid by the buyer.
6. Land Registration
Your ownership is registered with the Municipal Court. This typically takes 15–30 business days.
Costs to Budget For
- Property transfer tax: 5% of price
- Notary fees: ~200–500 BAM
- Agency commission: 2–3% of price
- Registration fees: ~100–200 BAM
Power of Attorney
If you cannot be present in Bosnia, you can grant power of attorney to a trusted representative to sign documents on your behalf. This requires notarization in your home country and apostille.
How Arimes Helps Foreign Buyers
We specialize in supporting international clients with English-speaking service, remote coordination, and end-to-end support from property search to keys in hand. Send us an enquiry and we will get back to you within 24 hours.