Ban on agriculture land purchase extended

Ban on agriculture land purchase extended

European Comission has approved Croatian application to extend the ban on agriculture land acquisition for EU buyers.

This is the second (and last) extention, given for the period of 3 years which will end in the summer of 2023, when EU cizitens will be able to purchase agriculture land in Croatia without any restrictions.

This ban was used by many EU countries upon EU ascension, in order to protect agriculture production and streagthen the market before fully opening to foreigners.

Author

Ivo Perkovic

Holding master's degree in finance, I commenced my real estate career in 2006. I spent over a decade with reputable property companies as an agent, sales manager and consultant, working mostly with overseas clients. I am a licensed agent and a graduate valuer, proficient in English and experienced in Croatian property market. Recently, I have been involved into property advertising and online marketing.

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