Slovenia 🇸🇮 - Cheapest EU Real Estate Residency?

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Offshore Citizen

Offshore Citizen

Күн бұрын

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Today we are going to talk about a little know residency option by real estate investment in the EU, Schengen area.
We talked many times about Golden Visas in Portugal, Spain, different residency options in places like Greece, Cyprus, Latvia, etc. However, all these are quite expensive! Most of them start at 250 000 euros.
The option that we're covering today is Slovenia residency, and the investment option can be as little as 50 000 euros + fees.
If you're looking for a residency permit in the EU, this might be the best option for you!
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
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Пікірлер: 127
@PrimozProsen
@PrimozProsen Жыл бұрын
Hi! I must confess. You nailed it pretty good with Slovenia. After 14 years living in The Netherlands, I decided to go back to my native Slovenia and bought a house - we're getting the keys end of this month (January). Indeed real estates are much cheaper than most EU countries. Also the reason why I came - I get a decent sized house (or bigger), more then enough land, tons of stunning nature for a little amount. In NL this combination would cost us probably around 1 mil EUR at today's prices. Here we paid less than 10% of that. 7% to be precise. Since I spend nearly a year searching the enitre country and got to know the market decently good; there is indeed lots of properties still bellow 100K with lots of land. However for this price range you're tapping into housing 50+ years old. Renovation is always needed. So expect to spend another 20-50K into renovation depending on your wish list. If you view more modern houses, say what was build in the last 20 years, prices are pretty much insane as elsewhere in the EU - 250K+. Bigger cities even more. Countryside nevertheless is very afforadble with older housing. We found ours 50 years old, concrete and brick, excellent shape with 3ha of land (grasslands and a forest) and a stunning 5 star view from the top of the hill overlooking at the nature and small villages. Its also located in a regional park with large biodiversity so everything is also protected. My wife is from Vietnam so as far as getting the residency done for her, it took 3 months. If we would actually do some research online and submitted all the documents straight away plus arrange everything she needs from Vietnam, we would be done within a month and a half. So that would be some basic share of info from Slovenia if anyone is interested from some first hand source. Hope it helps someone making up their mind :) The country is without a doubt green and beautiful. Thanks for the upload!
@Alinasleep
@Alinasleep 6 ай бұрын
Thanks for sharing your story! We're from the Netherlands and are looking into Slovenia. Could I possibly send you a message?
@rubytuesday9539
@rubytuesday9539 3 жыл бұрын
Thanks, very helpful info for us.
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
You're welcome, Ruby! Always a pleasure ☺ Anything you'd like to see next?
@Yasin_Affandi
@Yasin_Affandi 3 жыл бұрын
Thanks for this wonderful video n thanks for sharing d information on a very attractive option of a residency in Slovenia.
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
You're welcome! Always happy to be of service😊
@Yasin_Affandi
@Yasin_Affandi 3 жыл бұрын
@@OffshoreCitizen 😀
@dovoso5685
@dovoso5685 Жыл бұрын
Thank you for the information.
@silverhawk923
@silverhawk923 3 жыл бұрын
This is exactly what I needed. Once I free up some capital, ima take you up on this
@D00FY
@D00FY 3 жыл бұрын
This sounds great
@mrlds3202
@mrlds3202 3 жыл бұрын
Great info thanks!
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
You're welcome! Always our pleasure! Anything else you'd like to see?
@mrlds3202
@mrlds3202 3 жыл бұрын
@@OffshoreCitizen Man I don't know I am looking at your videos and they are all 100% on the mark! I am also someone from Canada who left to East Europe, currently living in Serbia, but Slovenia is a great option for sure! So many suckers in Canada will go down with the ship there because they weren't savvy enough to find this video lol. But I'll send it around to try and help their pitiful butts lol
@alexanderkorolov8264
@alexanderkorolov8264 3 жыл бұрын
Slovenia is very interesting. It certainly is at the top of the list.
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
Agreed. Have you ever been there?
@alexanderkorolov8264
@alexanderkorolov8264 3 жыл бұрын
@@OffshoreCitizen No, unfortunately not. But I have heard a lot.
@smeekle2000
@smeekle2000 2 жыл бұрын
Slovenia was nice. Really laid back.
@OffshoreCitizen
@OffshoreCitizen 2 жыл бұрын
It's a beautiful country! What part did you visit?
@AngelDReyes-wh1gc
@AngelDReyes-wh1gc 3 жыл бұрын
Great Information, who do you recommend I contact to start this residency option?
@matiasnigrum1348
@matiasnigrum1348 Жыл бұрын
Maybe cheap the eastern part but not Ljubljana and Sea side ....there the apartments are starting from 4000 EUR m2 up ...I Italy Trieste for istance the apartments are much much cheaper as in Slovenian sea side.... generally Slovenia is quite expensive with real estates....
@tinglestingles
@tinglestingles 3 жыл бұрын
@Offshore Citizen I think you've hit a rich vein as this subject is now coming up in normal everyday conversations with friends and family in the UK. Never a shortage of content plus the laws, rules and procedures must change on a regular basis.
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
What do they say about it?
@dilpreetsingh197
@dilpreetsingh197 2 жыл бұрын
Thanks a lot for a gem of knowledge shared via this. Please suggest if the same rule is applicable for Non- EU applicants. Cheers.
@OffshoreCitizen
@OffshoreCitizen 2 жыл бұрын
Yes it applies to non-EU applicants.
@Bri-wi8kq
@Bri-wi8kq 3 жыл бұрын
Thank you Michael for another interesting option.
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
You're welcome, Franki. Always a pleasure ☺ What do you think about Slovenia?
@Bri-wi8kq
@Bri-wi8kq 2 жыл бұрын
I don't know enough about Slovenia real estate yet, just that it uses the Euro, has a low GDP and therefore a possible affordable option. A concern lies in the government frequently changing the rules concerning tax and finance as a destabilizing issue. I have heard that the coast is wonderful and great to sail and that Piran, the Venice of the Balkans, is definitely on my bucket list... Michael I realize that that Pandora Papers is another topic involving an Australian account operating in Singapore using the tax haven of Samoa. I am sure you must be following the scandals. Is this likely to become the next Panama Papers and would it be a topic worthy of a video to warn people of the situation? Thanks again Brian
@MontenegroRealEstate
@MontenegroRealEstate 3 жыл бұрын
Very informative video as always. I looked. At Slovenia, Croatia, Bulgaria, Serbia and Montenegro in 2004. I really liked Slovenia because of its connections to EU but despite its beauty, found it a little uninspiring. I chose Montenegro and I haven’t regretted that decision at all.
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
What do you mean by uninspiring? And can you share more about your experience in Montenegro with us all?☺
@hectorskmetija3015
@hectorskmetija3015 2 жыл бұрын
Are you sure you are talking about Slovenia and not Slough in the UK?
@azizsiddique1937
@azizsiddique1937 3 жыл бұрын
Mr. Rosmer, goin through this route, is it mandatory to hire yourself as an employee & pay salary to you ? Also, what about the taxes in Slovenia, i heard the personal income tax is really high there...
@masaleem
@masaleem 3 жыл бұрын
Love your channel. Can you please also talk about healthcare costs and quality in EU and some other countries? It is a big draw for Americans who are retired well before turning 65, are financially independent and comfortable, but don’t want to pay $2000 per month in private health insurance in US.
@yaxinzhang829
@yaxinzhang829 3 жыл бұрын
Most of EU countries have universal healthcare, even private insurance, it is much cheaper than USA, there are a few countries have retirement visa
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
Great suggestion, thank you. In the meantime, you can check out this one and let us know what you think ☺kzfaq.info/get/bejne/fLuparCrv9ebiWw.html
@maxg8160
@maxg8160 3 жыл бұрын
i hope you don't need to visit a doctor or have a medical problem . You will wait 3-6 and up to 12 months to get an appointment
@masaleem
@masaleem 3 жыл бұрын
@@maxg8160 that is crazy. Does having private insurance help?
@masaleem
@masaleem 3 жыл бұрын
@@OffshoreCitizen very informative video on 5 countries with good healthcare. I think there is a need for a strategy/planning on creating a healthcare portfolio as well. I could not find much content about it. For example, as an American: 1) Should I get Portuguese residence to benefit from their health care system, but then supplement that with Turkey, Malaysia? 2) If a take Greek residence by Golden Visa, do I get to use health care in Germany for free?
@leighbrett
@leighbrett 2 жыл бұрын
So can you do this visa but actually base yourself in spain ( for example ) or at other schengen country rather be based in Slovenia ?
@seandavie3672
@seandavie3672 9 ай бұрын
Is this information still current as of 2023?
@shamshiri66
@shamshiri66 3 ай бұрын
Hi thanks for video , How to go about this
@OffshoreCitizen
@OffshoreCitizen 2 ай бұрын
You can send a message through our website and we’ll arrange
@tinglestingles
@tinglestingles 3 жыл бұрын
Ljubljana is a lovely little capital city and Lake Bled is very picturesque.
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
It really is! When did you visit? How was the experience?
@tinglestingles
@tinglestingles 3 жыл бұрын
@@OffshoreCitizen A couple of years ago before this current madness! Met with a couple of freelancers who were helping me with a business - plus a visit for pleasure. VERY safe place and nice Burek for breakfast. Good beer and happy times!!
@ParisianThinker
@ParisianThinker Ай бұрын
However, if you want to purchase a small apartment there, save up at least 600M euros.
@vvhh9578
@vvhh9578 Ай бұрын
Thank you ...are there state run websites. for visa and investment..where all information is put up and we go through ..
@OffshoreCitizen
@OffshoreCitizen Ай бұрын
Usually no. You mainly go through lawyers and approved agents. Feel free to reach out if interested
@vvhh9578
@vvhh9578 Ай бұрын
I hope it would.be ideal to.visit once physically using short term visa programs before buy out or investing
@ParisianThinker
@ParisianThinker Ай бұрын
@@OffshoreCitizen The lawyers charge 3500 Euros to make the application for you which you can easily do yourself.
@ParisianThinker
@ParisianThinker Ай бұрын
@@vvhh9578 You can visit for 90 days.
@forever_vegan1462
@forever_vegan1462 Жыл бұрын
Hi,ı read somewhere says, after 50K investment in one year time you must reach a nearly a million Eur investment to get a PR. Thanks
@ParisianThinker
@ParisianThinker Ай бұрын
You can apply for a temporary visa and only after 5 years will you receive a permanent visa if all taxes were paid and you speak Slovenian.
@emilvidela5434
@emilvidela5434 2 жыл бұрын
Do you gotta live 6 months a year to have land there?
@lorriepatterson418
@lorriepatterson418 3 жыл бұрын
Thanks for the info. I think you said the process takes 4-6 months- would one have to stay in Slovenia the whole time of that process?
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
No, you don’t need to spend this entire time in the country while waiting to be approved. However, once you get approved you should spend 6 months per year in Slovenia (or Schengen zone)
@molinaridiego
@molinaridiego 3 жыл бұрын
@@OffshoreCitizen If I get approved and live in Spain, is that ok?
@mela6046
@mela6046 2 жыл бұрын
@@molinaridiego All ppL that were part of a colonized country of Spain after 2 years FTthey can apply for permanent residency in Spain etc etc(2 years of residence for Spanish nationality for nationals from Ibero-American countries, Andorra, the Philippines, Equatorial Guinea, Portugal, or persons of Sephardic origin=What are the requirements for Spanish nationality by residency? As a general rule, to apply for Spanish nationality by residence, you need to prove you have lived legally and continuously in Spain for 10 years prior to your application. Note that time spent as a student does not count as part of the 10 years. The 10-year requirement is reduced in some cases)
@gdhhdhshsjsjshdhdhdgsvsgs7312
@gdhhdhshsjsjshdhdhdgsvsgs7312 Жыл бұрын
How about taxes in Slovenia for freelancer? What could be tge rate! I like Slovenia, but tax system is not very attractive
@davorin5428
@davorin5428 4 ай бұрын
I just paid taxes for this month... don't move here. you need diploma of economics just to understand what is going on here :))
@russells9590
@russells9590 3 жыл бұрын
Michael, I'm trying to book a call with you. Is there an option to pay with crypto (i.e. stablecoins), as I don't really use Paypal?
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
Yes, we accept stablecoins. Please send us an email.
@ParisianThinker
@ParisianThinker Ай бұрын
What are the qualifications of Michael to give out this advice about all the taxes owed in Slovenia. He doesn't know the culture or speak Slovenian as far as I could tell from his presentation.
@ericeverson5956
@ericeverson5956 3 жыл бұрын
Trieste is right on the coast, correct?
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
Coast of Italy, yes. 😀
@blinksclub9739
@blinksclub9739 2 жыл бұрын
What is exactly the total amount of other fees other than the 50k€
@bobbiejay2085
@bobbiejay2085 Жыл бұрын
You need to register a business and pay monthly taxes. Currently around €600 per month. This includes health insurance.
@peterfischer7084
@peterfischer7084 3 жыл бұрын
How far will English take you in Slovenia? Would you have access to public health insurance even if you have pre-existing conditions?
@tinglestingles
@tinglestingles 3 жыл бұрын
We visited there a few years ago - the young people speak English very well. Very educated.
@MatejKebe
@MatejKebe 3 жыл бұрын
If you open a llc you can get coverage through Health Insurance Institute of Slovenia for about 225 € per month. If you become a citizen you can get it for as low as 28€ per month.
@hectorskmetija3015
@hectorskmetija3015 2 жыл бұрын
I have been living here for four and a half years and as not working or retired no one will give me health insurance. I got emergency health insurance. But it's not worth the paper it's written on. I was admitted to hospital earlier this year in emergency situation. They refused to pay.
@akiandvideo
@akiandvideo Жыл бұрын
@@MatejKebe sorry to hear that so how did the billing turn out ?
@ParisianThinker
@ParisianThinker Ай бұрын
@@tinglestingles Not helpful except if you are young. Of no consequence or help if you are retired.
@elaineburruss7133
@elaineburruss7133 3 жыл бұрын
Where would the best place to retire on a teachers pension?
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
Absolutely depends on what do you prefer. There are many places that could work out: Montenegro, Serbia, Bulgaria, Croatia, Romania, Slovakia, Polan, Czech Republic, etc etc. All of these could work. Or if you prefer something more exotic you can look at Thailand or Malaysia. Anyway before making such a commitment we always recommend visiting these places first.
@elaineburruss7133
@elaineburruss7133 3 жыл бұрын
@@OffshoreCitizen oh love Malaysia but my heart want that EU passport
@tinglestingles
@tinglestingles 3 жыл бұрын
@@elaineburruss7133 What we are thinking - Portugal, residency and citizenship later, plus Malaysia 3 months per year. Best of both worlds.
@ParisianThinker
@ParisianThinker Ай бұрын
@@elaineburruss7133 Come to France.
@alvaroalvarez5009
@alvaroalvarez5009 3 жыл бұрын
Where's the link to taxes there?
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
It was added in cards during the video. Basically if you make less than 100k/year you pay very little tax.
@limazulu6660
@limazulu6660 3 жыл бұрын
Nice country, but very poorly connected via air to the rest of the world compared to most EU capitals. Plus, the price of the commodities is higher compared to neighbouring Austria or Italy.
@OffshoreCitizen
@OffshoreCitizen 3 жыл бұрын
Yes, these are both true. :(
@Positive_Atrributes
@Positive_Atrributes 3 жыл бұрын
SLOVENIA, DOLGA VAS is near to the Western border of Hungary; and therefore BUD + VIE + BTS airports are within a three hours driving distance!
@ashishbansal2743
@ashishbansal2743 2 ай бұрын
Can you help for Slovenia citizenship through law of repatriation
@johnmyer4010
@johnmyer4010 2 жыл бұрын
There’s a massive amount of brits buying slovenian real estate, i see more brits here than other foreigners
@wisdomcharles6664
@wisdomcharles6664 3 ай бұрын
Please how can reach out to you directly?
@OffshoreCitizen
@OffshoreCitizen 3 ай бұрын
calendly.com/michael-rosmer
@Assorted-Press
@Assorted-Press 2 жыл бұрын
This way is not just for Slovenia. And the thing is, what real estate can you buy with only 60k euros in Slovenia?
@johnmyer4010
@johnmyer4010 2 жыл бұрын
1/3 of a small house
@goodchild109
@goodchild109 Жыл бұрын
60k is nothing to buy anything in Slovenia
@santhanamloyola3078
@santhanamloyola3078 3 жыл бұрын
Clarity is lacking..such a lot of facts..diff to perceive..pl
@tinglestingles
@tinglestingles 3 жыл бұрын
Contact him directly if you want full information.
@ParisianThinker
@ParisianThinker Ай бұрын
@@tinglestingles Best to contact Slovenia itself as they control all information through lawyers charging 3500 euros to apply.
@CombatDoc136
@CombatDoc136 Жыл бұрын
Very vague and breezing by some of the most complicated parts..."so ya "
@OffshoreCitizen
@OffshoreCitizen Жыл бұрын
It's not supposed to be a step by step guide. For help actually doing it you can contact us
@Positive_Atrributes
@Positive_Atrributes 3 жыл бұрын
SLOVENIAN CENTRAL BANK, and their crypto asset regime are in sympathy with the crypto asset operators; but their tax residency regime has a harsh trap for the innocent and amateur entrepreneur, if the tax treaty residency tie breaker in another tax treaty jurisdiction does not remove the duty to pay their highest rates of tax and government insurance contributions!
@ParisianThinker
@ParisianThinker Ай бұрын
Visit Slovenia for 90 days and enjoy it if you can afford it. But do not move there.
@pickledpigknuckles6945
@pickledpigknuckles6945 2 жыл бұрын
Why can't you just become a resident by buying property for yourself
@OffshoreCitizen
@OffshoreCitizen 2 жыл бұрын
Different countries have different rules most don't allow you to become resident by buying property.
@ParisianThinker
@ParisianThinker Ай бұрын
Yes, you can buy real estate all by yourself.But don't forget all the taxes you are becoming bound by.
@santhanamloyola3078
@santhanamloyola3078 3 жыл бұрын
You are too fast speaking..bit slow..will be more audible and understandable..pl
@tinglestingles
@tinglestingles 3 жыл бұрын
You have the ability to slow the video within KZfaq.
@ParisianThinker
@ParisianThinker Ай бұрын
The job is to sell not inform.
@ashishbansal2743
@ashishbansal2743 Ай бұрын
Hi, Can you help getting Slovenia citizenship by law of repatriation?
@ParisianThinker
@ParisianThinker Ай бұрын
No mention of the income, capital gains, dividend taxes paid by Americans who live there after purchasing a home with all the notary and fee costs. Investors also must know this was a Communist country and still has remnants in place. You also put the cart before the horse. Before you buy a house, you must know all the other taxes you will encounter including the highest VAT taxes of 25%. Slovenian is also a language few speak except Slovenians & some Balkan countries like Croatia who is their buddy. Years of effort to speak Slovenian is required. Not much opportunity for those coming there to retire.. English is not spoken that much, and Slovenian language is primary.
@flyinghedgehog3833
@flyinghedgehog3833 2 жыл бұрын
Too complicated ...vague...10 years to get passport? Lol
@hectorskmetija3015
@hectorskmetija3015 2 жыл бұрын
And only if your language skills are near on perfect 😂
@ParisianThinker
@ParisianThinker Ай бұрын
@@hectorskmetija3015 This is true. Speak perfect Slovenian or else after 10 years of paying their high taxes, you get nothing but robbed?
@pickledpigknuckles6945
@pickledpigknuckles6945 2 жыл бұрын
So while you need spend limited funds on your self. Yet to gain citizenship you must buy a house for someone else while you need a house for yourself. LoL
@hectorskmetija3015
@hectorskmetija3015 2 жыл бұрын
You will only get a residency visa, many years off becoming a citizen
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