Do you plan to invest in real estate in Europe? Owning real estate is always a good investment option, especially in the current economic climate where there is more demand than there is available property. If you want to transform ownership of a property into business, you can open a company in Slovenia and purchase the property through the company. Then you can start renting property in order to generate your company’s income.
Renting property in Slovenia as a business activity – purchasing property
If you are a non-EU citizen, you cannot purchase property as a natural person. But you can establish a company in Slovenia purchase property through the company.
If you plan on renting property, Slovenia is a good choice to make the investment. It is an up-and-coming country with good economic standing and geographic position. Due to business expansion and growth of tourism, there is a high demand for renting property – both commercial and residential.
When you purchase residential property, you have various choices for business activity. You start renting property to private individuals on both short-term as well as long-term. You can take advantage of the current interest in Slovenia by tourist and start renting property through online portals which tourists use. As there are also many students in the bigger cities in Slovenia (both local and foreign students that are here on international exchange), a good business opportunity is also owning an apartment or house nearby the universities and start renting property to students.
Renting property in Slovenia as a business activity – company establishment
In order to be able to purchase property and rent it out, you have to establish a company first. As a non-EU citizen, you can establish an LTD company. For that you need founding capital 7.500€, a business address in Slovenia and Slovenian tax numbers for all representatives and shareholders. You would have to come to Slovenia for about 2 weeks to finalize the company registration process. In that time, you also open your corporate bank account. Once you have opened the company, you can proceed to do business in Slovenia.
Open a company with the support of Data!
If you decided on renting property in Slovenia, you have to establish a company first and Data would be happy to help. We can assist in obtaining the Slovenian tax numbers on your behalf. Also, you can register the company at our VEM/SPOT point free of charge.
Our legal department can help you to understand the legislation in regards to renting property. They can also draft contracts for you.
We offer tax consultation as well as accountancy services. If you need a business address for your company, we can offer services of virtual office.
For more information renting property as a business activity of your company in Slovenia, you can write to our email data@data.si. You can also contact us over the phone 00386 1 6006 270 or 00386 40 530 718 (Viber, WhatsApp). You can also follow us on Facebook.
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