Author Topic: Property Ownership Status  (Read 10165 times)

vancourt

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Property Ownership Status
« on: February 13, 2004, 02:04:46 pm »
Does anyone know if one may own a property in Croatia through a Limited Liability Company registered in the UK?

Thanks,

Vancourt Lyon.

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Property Ownership Status
« on: February 13, 2004, 02:04:46 pm »

Offline Orsat Munitic

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Property Ownership Status
« Reply #1 on: February 13, 2004, 05:26:47 pm »
Here is the information from the Ministry of Foreign Affairs of the Republic of Croatia:[/b]

Quote
According to Croatian Law on Property Ownership and other Real Rights (Art. 356 para 2; Official Gazette of the Republic of Croatia Nos. 91/96, 68/98, 13 7/99, 22/00, 73/00, and 114/01), foreign citizens and enterprises who want to become owners of real estate in the Republic of Croatia other than by inheritance need to obtain consent from the Minister of Foreign Affairs of the Republic of Croatia issued on the basis of a prior opinion of the Minister of Justice of the Republic of Croatia.

The consent of the Minister of Foreign Affairs is issued in the form of an administrative act, following a special administrative procedure conducted at the Ministry of Foreign Affairs of the Republic of Croatia; the procedure may be initiated by the applicant or through an attorney by sending a request in writing to the following address: Ministry of Foreign Affairs, Consular Department, Medulićeva 34, 10000 Zagreb. The request (in the form of a brief letter) must contain the following enclosures:

    * Legal basis for the acquisition of the property (purchase agreement, gift agreement, support agreement etc.), in the original or a duly legalised copy;
    * Seller’s proof of title i.e. land registry certificate, in the original or a duly legalised copy, not older than six months;
    * Original certificate (not older than six months) issued by the authorities of the local administration responsible for urban planning (county departments), confirming that the property is within the construction zone envisaged by the zoning plan;
    * Proof of citizenship for the Buyer (legalised copy of a passport), or proof of the status of a foreign legal entity (certificate from the register of companies);
    * Proof of citizenship for the Seller (a copy of his ID or passport will do);
    * If an attorney is involved, it is necessary to submit the Power of Attorney, in the original or a duly legalised copy; and
    * Non-legalised copies of all the enclosed documents


In addition to these documents, it is also necessary to enclose the proof of payment for the administrative fee. Pursuant to Art. 21 of the Law on the Amendments to the Administrative Charges Act (NN No. 163/03), or more precisely, Rate 74a, the following amounts are charged:

    * HRK 50.00 for the application;
    * HRK 100.00 for deciding on property acquisition, and
    * HRK 20.00 for any subsequent supplement to the application (in case of missing documents).

Note: Administrative fees up to HRK 100.00 are paid in the form of appropriate stamp duty, while the amounts exceeding HRK 100.00 must be paid by means of a general payment order to the account of the National Budget of the Republic of Croatia No. 1001005-1863000160, reference No. 24 entered in the first adjacent field, and 5002 in the second; when the payment is effected by a Croatian citizen, the JMBG identification number should be added in the second field, and when the payment is effected by a foreign national number 721 should be added in the second field. The applicant or his/her attorney must enclose the payment order filled out in this manner (or stamp duty) with all other documents required.

In the administrative procedure conducted before the Ministry of Foreign Affairs to decide on the application it shall be determined whether there is reciprocity (mutual relationship) between the Republic of Croatia and the state whose citizen the applicant is. This particular requirement is met if in the state whose citizen the applicant is Croatian citizens are recognised the right to acquire property. The Ministry of Foreign Affairs collects and examines foreign laws concerning the requirements and the acquisition of ownership by foreign citizens in those states, and applies and interprets them in the procedure it conducts.

Note: There are areas in the Republic of Croatia in which foreign citizens may not acquire ownership of real property, like the excluded areas (Art. 358 para 1 of the Law on Property Ownership and other Real Rights), agricultural land (Art. 1 para 3 of the Agricultural Land Act), protected natural areas (Art. 40 para 3 of the Nature Protection Act), forests and forest land (Art. 1 para 3 of the Forests Act).


Following the completion of the administrative procedure upon the application, in case the consent has been granted, the foreign citizen shall be entitled to apply for the registration of ownership in land register.


If you are searching for some specific property or need more information you can contact us at: info@dubrovnik-online.net

 
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