New system for the purchase and sale of real estate in Croatia for Russian citizens
Russian citizens are no longer required to set up a company in Croatia in order to be able to purchase real estate. Real estate may now be purchased by Russian natural persons as well.
The Croatian Ministry of Justice has recently changed its practice and has begun consenting to the purchase of real estate in Croatia by Russian citizens. For now, this change has only been implemented through the practice of the Ministry of Justice, while the actual changes in the Ownership and Other Proprietary Rights Act should follow…
Click on the link below to read the rest of the Karanovic & Nikolic briefing.
News from Karanovic & Nikolic
Briefings from Karanovic & Nikolic
On 5 August 2014, the National Assembly of the Republic of Serbia enacted the Law on amendments and additions to the Insolvency Law.
On 5 August 2014, the National Assembly of the Republic of Serbia enacted a new privatisation law, which came into force on 13 August 2014.
Analysis from The Lawyer
‘Exotic’ investors and opportunities for legal work beyond M&A feature in The Lawyer’s high-level roundtable debate on south-east Europe
Croatia is about to enter the EU, but the path to integration may not be smooth for the Balkan states