Are international laws relevant to real estate in Slovenia?
Real estate may be owned by individuals as well as legal entities. Foreigners may acquire ownership rights to real estate under the conditions provided by law or a treaty ratified by the Parliament. Currently, the only foreigners that can purchase real estate in Slovenia under the same conditions as Slovenians are citizens of the EU Member States (and, based on EU agreements, also citizens of Norway, Lichtenstein, Iceland and Switzerland, whereby Swiss citizens additionally need (i) a right to reside and permanent residency in Slovenia, or (ii) only the right to reside in Slovenia if the respective real estate is needed for business activities; if so, the purchase of real estate for holiday accommodation is also possible). Due to the fact that – pursuant to a treaty from 1881 – citizens of the USA should not be treated less favourably than citizens of the most favoured nation, they are entitled to purchase real estate in Slovenia. On a reciprocal basis, foreigners from an EU candidate