Bosnia and Herzegovina: How to Move There? (Visa, Residence Permit)
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- Опубликовано: 29 окт 2024
- How to move to Bosnia and Herzegovina? In this video we will discuss how you can immigrate to Bosnia and obtain a residence permit for the purpose of work, study, business and or investment
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Are you considering moving to Bosnia and Herzegovina? In this video we will discuss the options to get a residence permit in the country. We will also list the advantages and disadvantages about living in Bosnia and Herzegovina.
Places on the video: Sarajevo, Mostar, Trebinje, Neum
Bosnia is a country in Southeastern Europe, and was part of the Former Yugoslavia. After the fall of Yugoslavia, Bosnia got independent in the 1990's. Today Bosnia is a stable and safe country, and probably one of the most underrated places to visit and live in Europe.
Let's discuss how to get a residence permit in Bosnia and Herzegovina.
00:57 Bosnia and Herzegovina Residence Permit
Bosnia and Herzegovina is not an European Union member, therefore, EU and non-EU citizens are broadly subject to the same residency laws in the country. The only main difference is between citizens which require a visa to enter Bosnia and Herzegovina and the ones who don't.
Most citizens of Western countries do not need a visa to enter Bosnia and Herzegovina. The list includes EU and US Citizens, British as well as Canadian citizens. Citizens of some other countries can enter Bosnia without a visa, such as nationals of Russia, China and Turkey.
Those who can enter Bosnia without the need for a visa can apply for a residence permit, directly in the country.
There are many types of residence permits in Bosnia. The most common ones are for family members of Bosnians citizens, or are coming to study or work in the country.
However, there are many more interesting possibilities to acquire a residence permit in Bosnia. You can acquire one by owning a company (even as a self-employed person), or buying real estate in the country. These are the permits we will discuss in this post.
You can read about all types of permits on the Bosnian Service for Foreigner's Affairs website.
01:59 Bosnia and Herzegovina Residence Permit for Business Purposes
02:45 Bosnia and Herzegovina Residence Permit for Real Estate Investors
Bosnia Flat Tax
03:17 Permanent Residency and Citizenship in Bosnia and Herzegovina
03:59 Advantages of Living in Bosnia and Herzegovina
Beautiful Nature and Pleasant Weather
Low Cost of Living and Taxes
Easy Visa and Residence Permit Policies
05:57 Disadvantages of Living in Bosnia and Herzegovina
Not Part of the EU, EEA
Unappealing Job Market
Poor Transport Infrastructure
What a beautiful country nature culture , much appreciated . I love to live inside wonderful nature because I can live at least 100 years !
Thank you for your helpful and positive video! It confirms me that I have made the right choice to start a process to live here and start a business.
Kindly let me know where we have to register our new purchase house in Zenica-Bosnia and where we can register our new small cow business in Zenica-Bosnia? Which Visa we can get?
@@shehleeza They will register the purchase for you, it's nothing you need to do. It will give you a resident visa, allowing you to live there. You dont have to register a "small cow business", just buy some cows and let the eat grass.
@@sal78sal No they are saying as a Pakistani we have to register a business first then we can purchase a house. 😞😞😞😞
@@sal78sal we went there to register a house with payment but they didn't allowed us. 😞😞😞😞 Buyer was with us. He was sad too.
@@shehleeza Oh, I see, then you need to register a business and a lawyer or notary will do that. I'm not sure the business needs to actively trade, just have a business registered and then the business will be able to buy the house. Then there will be an annual expense to keep it updated etc, but it's not too expensive. Since you will be the director of the business, that will be your new job and on the basis of that job you will get residence. So you will then have a business, a job, a house. The house will be owned by your business, but thats still kind of yours, because you're the owner of the business.
Thank you for the great video. The information is very helpful for traveling to or residing in Bosnia and Herzegovina. I would like to visit this wonderful country, meet the locals and enjoy their culture. Hopefully in the near future. 👏👍😀
Welcome 👍👍👍👍👍
We've been renting in Sarajevo recently, it's great, would defo recommend it. Great vid, thanks for the upload 💚
That's great, I am glad you are enjoying it. Balkans is a great region and prices as you probably know are very inviting.
Rent house can get residence?
@@humanbeingsuck I think we would need more than just renting a house or an apartment but I'm sure, we haven't checked.
GREAT INFORMATION ,, VERY HELPFUL ,, THANK YOU
Thank you for this well made and interesting video. You could mention its currency stability as a very significant advantage of Bosnia. As you know BAM has been pegged to old DM so has a fixed relationshop to €, unlike that of Turkey, Ukraine, Russia and so on.
yes, it is a good point. HRK and MKD are also pegged to the EUR.
@@traveleconomics Thanks, I knew about HRK (but don't think it's so significant as Croatian economy is more vibrant). In case of MKD, yes, pegging to € is probably a big plus for North Macedonia.
Make sure to get a Criminal Records Document from your home country prior to moving to Bosnia or Kosovo. Getting the document takes weeks and without it you are unable to get a temporary residence. Otherwise you have to go to the embassy, takes longer, more expensive and delievery via post is a gamble.
This really depends on your country of citizenship. In some countries you can get it in minutes, in others, it takes days.
So nice brother
God bless you 🙏
Nice job. I love your video
I would like to know how to live off grid in Bosnia
Thank you ❤
Thanks for sharing 👍👍
Thanks for visiting
Great video! So if i heard correctly, can you just buy a house without starting a business first? that would be ideal. are there other things that you must comply with?
You can buy the house and never start the business. That is enough for the residence permit. But it depends on your country of citizenship whether you can buy a property in Bosnia as an individual or not.
@@traveleconomics Kindly let me know where we have to register our new purchase house in Zenica-Bosnia and where we can register our new small cow business in Zenica-Bosnia? Which Visa we can get?
Good video but still unclear on requirements for residence retirement visa?? Whats the minimum income requirement?? Thanks
340 BAM
Sounds very interesting and I consider it a good place for retireing. What is the living cost aprrox. if I rent and food. or type of price buying an apartment or smaller house?
It depends if you are single or not, and to which city you are moving to and your lifestyle. If single and in Sarajevo, renting a place, you can live even less than 1000 euros a month.
Hi! I have a question, in the case of receiving a residence permit by owning a property, does it limit to residential property? Does that mean that if I buy a plot for example or a piece of land I will not be able to get one? And what if I get a piece of land with hopes of building a place to live in there in a future? Will it still count? What are the limitations for that?
you need a residential property and it also depends on your citizenship. Feel free to book a call to discuss the options.
Make a Video "How to move out" for example Germany
Hahaha a jest opet tesko move out come on
Great video and thank you for the easy excess to all the information you shared.
I have a question wich wasn´t answered in your video I think. Do you need to stay more than 183days in Bosnia when you own a business and taking advantage of the low tax?
Im planning to open a business in bosnia but I work in Germany the whole year. I can maybe chill one month in Bosnia but 183 days is way too much. Thank you.
Depends on the type of business and what is your role in it. Write me for a full assessment of your situation.
@@traveleconomics Hello, Thank you for your reply!
I am an self employed electrical technician. I pay about 50% in tax and I want to pay less tax. I always have to be in germany or the netherlands to do my job. I want to start an business in Bosnia so I can transfer all my money to Bosnia and take advantage of the low tax rate. At the same time maybe invest some more in Bosnia.
My question is if it is necessary to stay 183 days in Bosnia to take advantage of the low tax rate or not. If not I will directly buy a house in Bosnia change my passport , keep my appartment in Germany and start making money on my creditcard from Bosnia so I can save some money
@@iTranquillo this idea you have does not work for tax purposes for a number of reasons. Book a call for an individual assessment.
@@iTranquillo Lol, thats not gonna work. if it did, Germany would be bankrupt and Bosnia would have population of 80 million germans. Germany wont let you earn money there and allow you to be a resident of Bosnia.
Dobar dan!
Can a foreigner get a mortgage from a Bosnian bank? If so, what things does it require and what kind of process would it be?
Puno hvala!
Regards from Finland
Dobar dan. As a foreigner you can do it, the citizenship is no impediment from taking a mortgage. The problem is that you will need to show you have income in Bosnia (or collateral) to be able to be get your mortgage approved. If you don't have income in Bosnia, and don't live there, the best option is to get a loan in your country of residence to buy a property in Bosnia.
@@traveleconomics Thank you for quick reply.
I think that at least in Portugal you don't been incomes in Portugal what's meke things easier.
I can work here in Finland untill retirement and pay during that time mortgage loan to Portugal bank.
But it's not really a problem, it just reduce the options where I can take the loan and still Bosnia (Sarajevo) sounds very good option.
If possible, maybe I buy a apartment for vacation visiting or if I rent the apartment, is it counted as income? How much I need to pay taxes (also that 10%?) and is the other costs / obligations as a "landlord" if I rent the apartment to someone?
@@stefanhenneken5415 In Portugal you can do it yes, in Spain too, and so you can do it in Serbia. But not in Bosnia (not any bank that I know at least). If you have more questions feel free to write me an email.
That's all I needed. Thank you again.
@@stefanhenneken5415 any income derived from Bosnia will be taxed at 10% in Bosnia. If you are good enough to declare it. After you see the paperwork you probably wont declare it. And if you are renting out your place for 6,000 marks per year, then minus expenses you will be earning maybe 4,000 marks per year or 2,000 Euro. You will owe Bosnia 200 euro in taxes per year. Bosnia wont be spending 500,0000 euro chasing you for tax evasion of 200 euro, thats for sure.
Hi, are you sure? There's no minimun if you're buying a house?
Si, pero, para comprarte algo aceptable es dificil por menos de unos 40 mil euros.
y desea ayuda para planificar su inmigración y mudarse a un país con impuestos más bajos, puede escribirme :)
@@traveleconomics Gracias por tomarte el tiempo de escribir en español amigo. Si, mi preocupación era porque me pareció ver un video donde decían que había un mínimo de inversión de €200,000 en real state. Me alegra saber que no. Si necesito ayuda, te contactaremos. Gracias 🙏🏻
@@ProyectoDominusTecum de nada. Eso depende de pais para pais, en Bosnia por ahora no hay minimo.
@@traveleconomics Amigo, como te contacto?
You have to give up your citizenship? From Texas USA
you need to renounce your previous citizenship to acquire BiH citizenship through naturalization.
Hello,If I'm just renting a house, but I don't have any work contract in Bosnia, can I apply residency from the bosnia government? and in the future, this kind of recidence can apply the other visa from other country's embassy which in bosnia?
No you can't
@@traveleconomics So must buy a house or apartment,but can not rent ,if I want to get recidence of bosnia,right?
@@jevosara8120 please send me en email so we can arrange a consultation to assess your individual goals.
@@jevosara8120 check the video description to contact me
Can a Swedish citizen get a D-visa without having a job contract nor family in Bosnia?
if you buy real estate yes.
@@traveleconomics What about renting?
Do you know if it is safe to visit today with the political tensions?
For now yes
Co-working spaces where ! Like professional sportsmen ? They are working in Coffee shops bro ! But I am professional sportsman
Bosnia does allow dual citizenship.
only in some cases. If you acquire BiH citizenship through naturalization you have to renounce your previous citizenship.
@@traveleconomics yes I have both American and Bosnien citizenship :)
I seen it somewhere in Serbia it can't be unseen lol
I come from there ,after 30 years in USA I am going back ......
Najljepsa idea
💗🍀🥂
Is it possible to get residence permit without investment???
if you find a job yes. If you open a company no.
@@traveleconomics, I was in Georgia, I had job,I paid tax but didn’t get residence permit. Now I I comeback my won country.How it cost to open a company.
@@traveleconomics you said you can open a company simply by being self-employed, why would you need an investment? for example for an internet activity...
Is Russian or English common languages in Bosnia?
English yes, Russian no. Although Bosnian, as a Slavic language, has a high degree of similarity with Russian, maybe some 60-70% of the words have the same root.
Bosnia was at Tito´s time communistic, in school they taught Russian, so a lot of people will still know it, but not the younger generation.
@@whereisplain as a bosnian american, I can't understand russian at all 😂! Only simple things like numbers and animals are about the same. Plus Bosnian has turkish loan words that do not appear in Russian.
@@BosnianBornBeast it depends on how slowly Russians speak. And Russians can understand Bosnians much more than Bosnians can understand Russians.
@@sal78sal i spoke to a russian/Ukrainian lady back in 2017 and she couldn't really understand me at all.
Sir g minimam how much we buy house or property and we ilegibal citzenchil
u need Bosnian subtitles
Can you help me I want to open a company
You can contact me here for inquiries: checkinprice.com/contact/
Communication skills communication skills ? What .... Lots of people may have borderline disorders bro lol
Just be more lol , laugh more healthier more .
Why would you move to Bosnia....?
Yes
why not?
why not its a beautiful country
It's a beautiful place 😍
Because it's full of unimaginative quite lazy people with little initiative and good place to succeed if you have any good qualities as the competition is very low. In a country full of blind people, a one eyed man is king.