Foreign person acquire the
right to own property in the Federation BIH (FBIH) under the condition of
reciprocity, except when the right is acquired by inheritance, unless otherwise
provided by law or by international contracts. The list of countries where
there is no reciprocity is published by the Federal Ministry of Justice, with
the previously obtained opinion of the Ministry of Foreign Affairs of Bosnia
and Herzegovina, every year by January 31st at the latest”, states Article
2 of the Law on Real Rights of FBiH.
The concept of reciprocity implies that foreigners in BiH have the same
rights, as the state they come from, guarantees to BiH citizens. The
reciprocity system is considered fair because it puts foreigners and BiH
citizens in the same position.
According to the last available list on the website of Federal Ministry
of Justice, citizens of the following countries may become owners of real
estate in FBiH due to the existence of reciprocity: Andorra, Belgium,
Montenegro, Estonia, Finland, France, Greece, the Netherlands, Ireland, Italy,
Japan, South Korea, Canada, Macedonia, Monaco, Norway, New Zealand, Germany,
Serbia, Spain, Great Britain and Uzbekistan.
BiH has a reciprocity with a number of countries, but under special
conditions, on the basis of which the scope and duration of ownership of real
estate of BiH citizens in these countries and also foreigners from those states
in FBiH is limited. This group of countries includes the following: Algeria,
Austria, Australia, Belarus, Bulgaria, Czech Republic, Denmark, Georgia,
Croatia, Iran, Iceland, Israel, Iodine, Kazakhstan, Cyprus, Hungary, Malaysia,
Romania, Russia, Saudi Arabia, USA , Syria, Slovakia, Sweden, Switzerland,
Turkey, Turkmenistan and Tajikistan.
Ultimately, citizens of the following countries are not able to acquire
ownership of real estate in FBiH as natural person because of the lack of
reciprocity: Afghanistan, Armenia, Bahrain, Egypt, India, Indonesia, Iraq,
Qatar, Kuwait, Lebanon, Slovenia and United Arab Emirates.