Slovenia

Slovenia Map

PROPERTIES & RESIDENCE

Pros for obtaining a property in Slovenia
Slovenia's GDP per capita is 26,000 EUR, which makes it one of the richest country in the region. Visa-free access to over 180 countries for the holders of the Slovenian passport.

Residence permits on the grounds of owning real estate
Business investment and setting up the company (7,500 EUR has to be injected); then you invest 50,000 EUR into the company to purchase the property. After the company invests into the property you can apply for the residence permit. In total 60,000 EUR is needed.

Residence permits on the grounds of company formation
Business investment and setting up the company (7,500 EUR has to be injected). Lee & Bronski have a way to begin the residence permit application only after the first investment of 7,500 EUR; the precondition is that you must get yourself hired by your own company.

Taxes & Rental Income Tax
Taxes is Slovenia are quite heavy: CIT - 19%, PIT - 15%, sales tax - 20%, social security - 38%.
Rental income tax: you can choose 10% of the gross income or 15% of the net income; you can deduct the costs for the tax office.

Other residence types in Slovenia
Employment, studies, family relationships, ownership of real estate, and others.

Which residence permits offer a path to permanent residency and citizenship?
Any business formation model offers a path to permanent residency; similarly as family relationships and others.

Restrictions & Challenges You may need 10 years to apply for the passport, which is a great document; but the taxation system is not very welcoming. Residency permit takes around 6-9 months to be fully approved. Certain properties are not approved for sale to the foreigners. You need to spend 6 months in Slovenia (though you can get away with this being in the Schengen zone). The permit is available for the families as well. All documents require apostille. A very small number of Slovenian people speak in English. World wide income is bound to taxation, while double citizenship is now allowed.

Most foreign investors are attracted by Slovenia’s strategic position at the heart of Europe, its excellent transport and ITC infrastructure, its value chains, industry clusters and centres of excellence. Investors keen on locating their operations at the heart of the market with 500 million consumers will find Slovenia’s international commercial contacts and the land-sea-air transport system ideal.

>Growth And Business Advantages

Slovenia has been an open market since its successful economic transition of the 2000s. As a member of the European Union since May 2004 and of the Eurozone since 2007, Slovenia is an advanced, independent and stable country. The weak performance of Slovenia’s main trading partners (the country maintains a long tradition of trading with neighbouring countries, making it vulnerable to its neighbours’ economic health) had already slowed down growth in 2019 (3.2%), with the situation worsening due to the COVID-19 pandemic, which caused a contraction in all demand components except government consumption. Overall, the IMF estimated the country’s GDP to have fallen to -5.5% in 2020; as the global situation is expected to gradually improve, growth is forecasted at 3.7% this year and 4.5% in 2022, thanks to a rebound in private consumption as well as increased investments both from the public and private sector. Similarly, the government budget was burdened by the measures taken to cushion the effects of the pandemic, which had a total budgetary impact of around 5.2% of GDP (including wage compensations, exemptions from pension and disability insurance contributions, tourism vouchers, a monthly basic income for self-employed workers and farmers, etc.). Therefore, the overall deficit was estimated at -5.9% by the IMF (8.75% as per the EU Commission), with a forecast of -5.1 for 2021 and -3.8 in 2022. The drop in GDP and the large deficit caused a sharp increase in the debt-to-GDP ratio, which went from 65.6% in 2019 to approximately 81.5% in 2020. It is then projected to gradually fall to 80.5% and 78.2% in 2021 and 2022, respectively, on the back of the economic recovery. Weak internal demand and low energy prices caused a slowdown of inflation, which stood at -0.1% in 2020. It is expected to get back to its pre-crisis level during the course of 2022 (1.5%). Doing business in Slovenia and travel to other EU countries: With business migration to Slovenia and registration of a company, you also can obtain a residence permit in Slovenia, which allows you doing business in Slovenia and other EU countries freely and also travel on business or on private. No tax on property: Private individuals and companies in Slovenia do not pay taxes on their own property, and it is paid only for the use of land on which your property stands, which is much more profitable than property tax. The advantage of business immigration to Slovenia is also that if you as a natural person do not have the right to buy the real estate in Slovenia, you can buy it as legal entity and it will make no difference. Low income tax in Slovenia: You will also calculate how much tax you will have to pay for the company in Slovenia. If your company at the end of the financial year will work with a profit, the taxing is going to be at the rate of 19%. The income tax in Slovenia is not considered separately for each transaction, but specifically on the annual level. Two different rates of VAT: The second tax that you will calculate in the process of business migration to Slovenia is VAT. In Slovenia, we have two different VAT rates. If you work with companies inside the EU, you will have to be in the Slovenian VAT system. In most examples, VAT in Slovenia is 22% – so-called high rate, and 9.5% low rate of VAT – for food, beverages, residential real estate, real estate reconstruction, hairdressing and cleaning services. Free education and kindergarten: If, with business migration to Slovenia, you also think about reuniting your family, the good news is that you do not have to pay for the education of your children. Slovenia for all children provides a free compulsory education, from basic education to the university. High quality schools and graduates of Slovenian universities work throughout the EU and are highly recommended. The high quality of healthcare system: In the process of business migration to Slovenia you will definitely consider the conditions for living in Slovenia. A quality healthcare system is another great advantage of business migration to Slovenia.

REAL ESTATE TRENDS

When the pandemic paralyzed the world, the Slovenian real property market was flourishing, with new investment and construction cycles. The country was experiencing the rapid and stable growth of sales and prices, since supply could no longer meet the increased demand. Hand in hand with general economic growth, online booking activity (Airbnb, booking.com) has spread through the country and to major cities (Ljubljana, Maribor), severely impacting the rental housing market, especially long-term rental relationships. The Slovenian capital of Ljubljana, with a population of around 300,000 is one of the smallest capitals in Europe and arguably on Europe’s most sustainable destinations, experiencing tremendous growth in terms of visitor numbers and press recognition within the last 10 years. The city is located in Central Slovenia and it is the strongest area in terms of economic development, and is the administrative, economic, cultural, and scientific centre of the country. On the other hand, Slovenia is also among EU countries with the highest housing deprivation rates.

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Statistics

Capital City
Ljubljana
Currency
EUR
GDP Growth
3.5%
GDP Per Capita
€22,000
Annual Inflation
0.8%
Unemployment
8.2%
Avg net salary
€1,250
Avg salary growth
3.0%
Area (km²)
20000
Border states
IT, AT, HU, HR
Residence

via Company formation

For Sale
Miniature
€566,500
For Sale
Miniature
€155,000
For Sale
Miniature
€223,000
For Sale
Miniature
€240,000
For Sale
Miniature
€170,000
For Sale
Miniature
€357,000
For Sale
Miniature
€273,000
For Sale
Miniature
€100,000
For Sale
Miniature
€600,000

Greece > Halkidiki > Pallini — Villa 150 m²

Greece > Halkidiki > Pallini
For Sale
Miniature
€610,000
For Sale
Miniature
€430,000
For Sale
Miniature
€211,000
For Sale
Miniature
€72,000
For Sale
Miniature
€195,000
For Sale
Miniature
€200,000
For Sale
Miniature
€499,000
For Sale
Miniature
€610,000
For Sale
Miniature
€127,000
For Sale
Miniature
€169,000
For Sale
Miniature
€550,000
For Sale
Miniature
€114,000
For Sale
Miniature
€305,544
For Sale
Miniature
€296,945
For Sale
Miniature
€235,000
For Sale
Miniature
€496,000
For Sale
Miniature
€410,000
For Sale
Miniature
€61,000
For Sale
Miniature
€302,500
For Sale
Miniature
€261,800
For Sale
Miniature
€700,000
For Sale
Miniature
€284,900
For Sale
Miniature
€260,000
For Sale
Miniature
€577,000
For Sale
Miniature
€134,500
For Sale
Miniature
€247,000
For Sale
Miniature
€671,000
For Sale
Miniature
€410,000
For Sale
Miniature
€127,000
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