More and more foreign residents are deciding to live in Serbia, and many of them are opting to purchase their own apartments, rather than rent one. Because of the strain on funds, some foreign citizens opt to take out a housing loan in Serbia, but are unsure whether they are eligible for one, or the conditions they need to meet. In this article, our credit financial counselors explain the procedures involved in taking out a housing loan for foreign citizens, explain reciprocity, give advice on the easiest way to take out a loan in Serbia and answer the question of what all you need in terms of documentation.
House and apartment hunting is a very exciting period in life. This process is especially exciting if you have a licensed real estate agent working with you. That means that you don't need to worry about gruesome paperwork all by yourself. Getting a house loan and sorting out the finances is not the fun part of the process.
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