Real Estate Purchase

The real estate market can be a labyrinth of complex rules and regulations, especially for foreign citizens looking to invest outside their home country. Serbia, as an attractive destination with a growing real estate market, is attracting an increasing number of foreign citizens. However, before embarking on this process, it is essential to understand the legal aspects of purchasing real estate in Serbia.

During real-estate sale, the selling parties should pay attention to the capital gains tax. Oftentimes the sellers will disregard this tax obligation, usually out of ignorance of its existence. However, the Tax Administration will account for these taxes and the taxpayer will then risk having misdemeanor proceedings filed against them due to tax evasion.