Real Estate Ownership Residence Permit

The Real Estate Ownership Residence Permit is a specific category of temporary residence available to foreign nationals who own residential or commercial property in Bosnia and Herzegovina. Unlike some other jurisdictions, Bosnia and Herzegovina does not have a formal 'golden visa' program tied to a specific investment threshold; therefore, the ownership of property of any value can serve as a basis for applying for temporary residency. However, property ownership alone is not automatically sufficient; the applicant must demonstrate an effective, lasting connection to the country to justify the need for a residence permit. This connection can be established through various means, such as family ties, the enrollment of children in local schools, or active business and economic engagement.

Applicants for this permit must submit documentation proving legal ownership of the real estate, along with evidence of their personal connection to the country. As with other temporary residence categories, the applicant must also meet general requirements, including proof of sufficient financial means to support themselves, valid health insurance, and a clean criminal background check. The permit is typically issued for one year and is subject to renewal, provided the applicant continues to own the property and maintains their connection to Bosnia and Herzegovina. This option is particularly attractive to foreign investors, diaspora members, and individuals seeking a secondary residence in the region.