Hi! I must confess. You nailed it pretty good with Slovenia. After 14 years living in The Netherlands, I decided to go back to my native Slovenia and bought a house - we're getting the keys end of this month (January). Indeed real estates are much cheaper than most EU countries. Also the reason why I came - I get a decent sized house (or bigger), more then enough land, tons of stunning nature for a little amount. In NL this combination would cost us probably around 1 mil EUR at today's prices. Here we paid less than 10% of that. 7% to be precise. Since I spend nearly a year searching the enitre country and got to know the market decently good; there is indeed lots of properties still bellow 100K with lots of land. However for this price range you're tapping into housing 50+ years old. Renovation is always needed. So expect to spend another 20-50K into renovation depending on your wish list. If you view more modern houses, say what was build in the last 20 years, prices are pretty much insane as elsewhere in the EU - 250K+. Bigger cities even more. Countryside nevertheless is very afforadble with older housing. We found ours 50 years old, concrete and brick, excellent shape with 3ha of land (grasslands and a forest) and a stunning 5 star view from the top of the hill overlooking at the nature and small villages. Its also located in a regional park with large biodiversity so everything is also protected. My wife is from Vietnam so as far as getting the residency done for her, it took 3 months. If we would actually do some research online and submitted all the documents straight away plus arrange everything she needs from Vietnam, we would be done within a month and a half. So that would be some basic share of info from Slovenia if anyone is interested from some first hand source. Hope it helps someone making up their mind :) The country is without a doubt green and beautiful. Thanks for the upload!
Maybe cheap the eastern part but not Ljubljana and Sea side ....there the apartments are starting from 4000 EUR m2 up ...I Italy Trieste for istance the apartments are much much cheaper as in Slovenian sea side.... generally Slovenia is quite expensive with real estates....
Very informative video as always. I looked. At Slovenia, Croatia, Bulgaria, Serbia and Montenegro in 2004. I really liked Slovenia because of its connections to EU but despite its beauty, found it a little uninspiring. I chose Montenegro and I haven’t regretted that decision at all.
@Offshore Citizen I think you've hit a rich vein as this subject is now coming up in normal everyday conversations with friends and family in the UK. Never a shortage of content plus the laws, rules and procedures must change on a regular basis.
@@OffshoreCitizen Man I don't know I am looking at your videos and they are all 100% on the mark! I am also someone from Canada who left to East Europe, currently living in Serbia, but Slovenia is a great option for sure! So many suckers in Canada will go down with the ship there because they weren't savvy enough to find this video lol. But I'll send it around to try and help their pitiful butts lol
Love your channel. Can you please also talk about healthcare costs and quality in EU and some other countries? It is a big draw for Americans who are retired well before turning 65, are financially independent and comfortable, but don’t want to pay $2000 per month in private health insurance in US.
@@OffshoreCitizen very informative video on 5 countries with good healthcare. I think there is a need for a strategy/planning on creating a healthcare portfolio as well. I could not find much content about it. For example, as an American: 1) Should I get Portuguese residence to benefit from their health care system, but then supplement that with Turkey, Malaysia? 2) If a take Greek residence by Golden Visa, do I get to use health care in Germany for free?
I don't know enough about Slovenia real estate yet, just that it uses the Euro, has a low GDP and therefore a possible affordable option. A concern lies in the government frequently changing the rules concerning tax and finance as a destabilizing issue. I have heard that the coast is wonderful and great to sail and that Piran, the Venice of the Balkans, is definitely on my bucket list... Michael I realize that that Pandora Papers is another topic involving an Australian account operating in Singapore using the tax haven of Samoa. I am sure you must be following the scandals. Is this likely to become the next Panama Papers and would it be a topic worthy of a video to warn people of the situation? Thanks again Brian
What are the qualifications of Michael to give out this advice about all the taxes owed in Slovenia. He doesn't know the culture or speak Slovenian as far as I could tell from his presentation.
@@OffshoreCitizen A couple of years ago before this current madness! Met with a couple of freelancers who were helping me with a business - plus a visit for pleasure. VERY safe place and nice Burek for breakfast. Good beer and happy times!!
Mr. Rosmer, goin through this route, is it mandatory to hire yourself as an employee & pay salary to you ? Also, what about the taxes in Slovenia, i heard the personal income tax is really high there...
Nice country, but very poorly connected via air to the rest of the world compared to most EU capitals. Plus, the price of the commodities is higher compared to neighbouring Austria or Italy.
If you open a llc you can get coverage through Health Insurance Institute of Slovenia for about 225 € per month. If you become a citizen you can get it for as low as 28€ per month.
I have been living here for four and a half years and as not working or retired no one will give me health insurance. I got emergency health insurance. But it's not worth the paper it's written on. I was admitted to hospital earlier this year in emergency situation. They refused to pay.
SLOVENIAN CENTRAL BANK, and their crypto asset regime are in sympathy with the crypto asset operators; but their tax residency regime has a harsh trap for the innocent and amateur entrepreneur, if the tax treaty residency tie breaker in another tax treaty jurisdiction does not remove the duty to pay their highest rates of tax and government insurance contributions!
No mention of the income, capital gains, dividend taxes paid by Americans who live there after purchasing a home with all the notary and fee costs. Investors also must know this was a Communist country and still has remnants in place. You also put the cart before the horse. Before you buy a house, you must know all the other taxes you will encounter including the highest VAT taxes of 25%. Slovenian is also a language few speak except Slovenians & some Balkan countries like Croatia who is their buddy. Years of effort to speak Slovenian is required. Not much opportunity for those coming there to retire.. English is not spoken that much, and Slovenian language is primary.
Absolutely depends on what do you prefer. There are many places that could work out: Montenegro, Serbia, Bulgaria, Croatia, Romania, Slovakia, Polan, Czech Republic, etc etc. All of these could work. Or if you prefer something more exotic you can look at Thailand or Malaysia. Anyway before making such a commitment we always recommend visiting these places first.
No, you don’t need to spend this entire time in the country while waiting to be approved. However, once you get approved you should spend 6 months per year in Slovenia (or Schengen zone)
@@molinaridiego All ppL that were part of a colonized country of Spain after 2 years FTthey can apply for permanent residency in Spain etc etc(2 years of residence for Spanish nationality for nationals from Ibero-American countries, Andorra, the Philippines, Equatorial Guinea, Portugal, or persons of Sephardic origin=What are the requirements for Spanish nationality by residency? As a general rule, to apply for Spanish nationality by residence, you need to prove you have lived legally and continuously in Spain for 10 years prior to your application. Note that time spent as a student does not count as part of the 10 years. The 10-year requirement is reduced in some cases)
So while you need spend limited funds on your self. Yet to gain citizenship you must buy a house for someone else while you need a house for yourself. LoL
Hi! I must confess. You nailed it pretty good with Slovenia. After 14 years living in The Netherlands, I decided to go back to my native Slovenia and bought a house - we're getting the keys end of this month (January). Indeed real estates are much cheaper than most EU countries. Also the reason why I came - I get a decent sized house (or bigger), more then enough land, tons of stunning nature for a little amount. In NL this combination would cost us probably around 1 mil EUR at today's prices. Here we paid less than 10% of that. 7% to be precise. Since I spend nearly a year searching the enitre country and got to know the market decently good; there is indeed lots of properties still bellow 100K with lots of land. However for this price range you're tapping into housing 50+ years old. Renovation is always needed. So expect to spend another 20-50K into renovation depending on your wish list. If you view more modern houses, say what was build in the last 20 years, prices are pretty much insane as elsewhere in the EU - 250K+. Bigger cities even more. Countryside nevertheless is very afforadble with older housing. We found ours 50 years old, concrete and brick, excellent shape with 3ha of land (grasslands and a forest) and a stunning 5 star view from the top of the hill overlooking at the nature and small villages. Its also located in a regional park with large biodiversity so everything is also protected. My wife is from Vietnam so as far as getting the residency done for her, it took 3 months. If we would actually do some research online and submitted all the documents straight away plus arrange everything she needs from Vietnam, we would be done within a month and a half. So that would be some basic share of info from Slovenia if anyone is interested from some first hand source. Hope it helps someone making up their mind :) The country is without a doubt green and beautiful. Thanks for the upload!
Thanks for sharing your story! We're from the Netherlands and are looking into Slovenia. Could I possibly send you a message?
I’d like that too
Thanks for this wonderful video n thanks for sharing d information on a very attractive option of a residency in Slovenia.
You're welcome! Always happy to be of service😊
@@OffshoreCitizen 😀
Slovenia is very interesting. It certainly is at the top of the list.
Agreed.
Have you ever been there?
@@OffshoreCitizen No, unfortunately not. But I have heard a lot.
This is exactly what I needed. Once I free up some capital, ima take you up on this
Maybe cheap the eastern part but not Ljubljana and Sea side ....there the apartments are starting from 4000 EUR m2 up ...I Italy Trieste for istance the apartments are much much cheaper as in Slovenian sea side.... generally Slovenia is quite expensive with real estates....
Very informative video as always. I looked. At Slovenia, Croatia, Bulgaria, Serbia and Montenegro in 2004. I really liked Slovenia because of its connections to EU but despite its beauty, found it a little uninspiring. I chose Montenegro and I haven’t regretted that decision at all.
What do you mean by uninspiring? And can you share more about your experience in Montenegro with us all?☺
Are you sure you are talking about Slovenia and not Slough in the UK?
Slovenia was nice. Really laid back.
It's a beautiful country!
What part did you visit?
Thank you for the information.
Thanks, very helpful info for us.
You're welcome, Ruby! Always a pleasure ☺
Anything you'd like to see next?
@Offshore Citizen I think you've hit a rich vein as this subject is now coming up in normal everyday conversations with friends and family in the UK. Never a shortage of content plus the laws, rules and procedures must change on a regular basis.
What do they say about it?
Great info thanks!
You're welcome! Always our pleasure!
Anything else you'd like to see?
@@OffshoreCitizen Man I don't know I am looking at your videos and they are all 100% on the mark! I am also someone from Canada who left to East Europe, currently living in Serbia, but Slovenia is a great option for sure! So many suckers in Canada will go down with the ship there because they weren't savvy enough to find this video lol. But I'll send it around to try and help their pitiful butts lol
Is this information still current as of 2023?
This sounds great
Love your channel. Can you please also talk about healthcare costs and quality in EU and some other countries? It is a big draw for Americans who are retired well before turning 65, are financially independent and comfortable, but don’t want to pay $2000 per month in private health insurance in US.
Most of EU countries have universal healthcare, even private insurance, it is much cheaper than USA, there are a few countries have retirement visa
Great suggestion, thank you.
In the meantime, you can check out this one and let us know what you think ☺th-cam.com/video/FUy7MzZq7Y8/w-d-xo.html
i hope you don't need to visit a doctor or have a medical problem . You will wait 3-6 and up to 12 months to get an appointment
@@maxg8160 that is crazy. Does having private insurance help?
@@OffshoreCitizen very informative video on 5 countries with good healthcare. I think there is a need for a strategy/planning on creating a healthcare portfolio as well. I could not find much content about it.
For example, as an American:
1) Should I get Portuguese residence to benefit from their health care system, but then supplement that with Turkey, Malaysia?
2) If a take Greek residence by Golden Visa, do I get to use health care in Germany for free?
How about taxes in Slovenia for freelancer? What could be tge rate! I like Slovenia, but tax system is not very attractive
I just paid taxes for this month... don't move here. you need diploma of economics just to understand what is going on here :))
Thanks a lot for a gem of knowledge shared via this. Please suggest if the same rule is applicable for Non- EU applicants. Cheers.
Yes it applies to non-EU applicants.
Thank you Michael for another interesting option.
You're welcome, Franki. Always a pleasure ☺
What do you think about Slovenia?
I don't know enough about Slovenia real estate yet, just that it uses the Euro, has a low GDP and therefore a possible affordable option. A concern lies in the government frequently changing the rules concerning tax and finance as a destabilizing issue.
I have heard that the coast is wonderful and great to sail and that Piran, the Venice of the Balkans, is definitely on my bucket list...
Michael I realize that that Pandora Papers is another topic involving an Australian account operating in Singapore using the tax haven of Samoa. I am sure you must be following the scandals. Is this likely to become the next Panama Papers and would it be a topic worthy of a video to warn people of the situation?
Thanks again
Brian
Hi,ı read somewhere says, after 50K investment in one year time you must reach a nearly a million Eur investment to get a PR. Thanks
You can apply for a temporary visa and only after 5 years will you receive a permanent visa if all taxes were paid and you speak Slovenian.
Michael, I'm trying to book a call with you. Is there an option to pay with crypto (i.e. stablecoins), as I don't really use Paypal?
Yes, we accept stablecoins. Please send us an email.
What are the qualifications of Michael to give out this advice about all the taxes owed in Slovenia. He doesn't know the culture or speak Slovenian as far as I could tell from his presentation.
So can you do this visa but actually base yourself in spain ( for example ) or at other schengen country rather be based in Slovenia ?
Ljubljana is a lovely little capital city and Lake Bled is very picturesque.
It really is!
When did you visit? How was the experience?
@@OffshoreCitizen A couple of years ago before this current madness! Met with a couple of freelancers who were helping me with a business - plus a visit for pleasure. VERY safe place and nice Burek for breakfast. Good beer and happy times!!
However, if you want to purchase a small apartment there, save up at least 600M euros.
Thank you ...are there state run websites. for visa and investment..where all information is put up and we go through ..
Usually no. You mainly go through lawyers and approved agents. Feel free to reach out if interested
I hope it would.be ideal to.visit once physically using short term visa programs before buy out or investing
@@OffshoreCitizen The lawyers charge 3500 Euros to make the application for you which you can easily do yourself.
@@vvhh9578 You can visit for 90 days.
Great Information, who do you recommend I contact to start this residency option?
Do you gotta live 6 months a year to have land there?
Mr. Rosmer, goin through this route, is it mandatory to hire yourself as an employee & pay salary to you ? Also, what about the taxes in Slovenia, i heard the personal income tax is really high there...
Can you help for Slovenia citizenship through law of repatriation
Hi thanks for video , How to go about this
You can send a message through our website and we’ll arrange
Nice country, but very poorly connected via air to the rest of the world compared to most EU capitals. Plus, the price of the commodities is higher compared to neighbouring Austria or Italy.
Yes, these are both true. :(
SLOVENIA, DOLGA VAS is near to the Western border of Hungary; and therefore BUD + VIE + BTS airports are within a three hours driving distance!
How far will English take you in Slovenia? Would you have access to public health insurance even if you have pre-existing conditions?
We visited there a few years ago - the young people speak English very well. Very educated.
If you open a llc you can get coverage through Health Insurance Institute of Slovenia for about 225 € per month. If you become a citizen you can get it for as low as 28€ per month.
I have been living here for four and a half years and as not working or retired no one will give me health insurance. I got emergency health insurance. But it's not worth the paper it's written on. I was admitted to hospital earlier this year in emergency situation. They refused to pay.
@@MatejKebe sorry to hear that so how did the billing turn out ?
@@tinglestingles Not helpful except if you are young. Of no consequence or help if you are retired.
SLOVENIAN CENTRAL BANK, and their crypto asset regime are in sympathy with the crypto asset operators; but their tax residency regime has a harsh trap for the innocent and amateur entrepreneur, if the tax treaty residency tie breaker in another tax treaty jurisdiction does not remove the duty to pay their highest rates of tax and government insurance contributions!
Visit Slovenia for 90 days and enjoy it if you can afford it. But do not move there.
Please how can reach out to you directly?
calendly.com/michael-rosmer
What is exactly the total amount of other fees other than the 50k€
You need to register a business and pay monthly taxes. Currently around €600 per month. This includes health insurance.
Trieste is right on the coast, correct?
Coast of Italy, yes. 😀
There’s a massive amount of brits buying slovenian real estate, i see more brits here than other foreigners
No mention of the income, capital gains, dividend taxes paid by Americans who live there after purchasing a home with all the notary and fee costs. Investors also must know this was a Communist country and still has remnants in place.
You also put the cart before the horse.
Before you buy a house, you must know all the other taxes you will encounter including the highest VAT taxes of 25%.
Slovenian is also a language few speak except Slovenians & some Balkan countries like Croatia who is their buddy.
Years of effort to speak Slovenian is required. Not much opportunity for those coming there to retire..
English is not spoken that much, and Slovenian language is primary.
Hi, Can you help getting Slovenia citizenship by law of repatriation?
Very vague and breezing by some of the most complicated parts..."so ya "
It's not supposed to be a step by step guide. For help actually doing it you can contact us
This way is not just for Slovenia. And the thing is, what real estate can you buy with only 60k euros in Slovenia?
1/3 of a small house
60k is nothing to buy anything in Slovenia
Clarity is lacking..such a lot of facts..diff to perceive..pl
Contact him directly if you want full information.
@@tinglestingles Best to contact Slovenia itself as they control all information through lawyers charging 3500 euros to apply.
Where would the best place to retire on a teachers pension?
Absolutely depends on what do you prefer. There are many places that could work out: Montenegro, Serbia, Bulgaria, Croatia, Romania, Slovakia, Polan, Czech Republic, etc etc.
All of these could work. Or if you prefer something more exotic you can look at Thailand or Malaysia.
Anyway before making such a commitment we always recommend visiting these places first.
@@OffshoreCitizen oh love Malaysia but my heart want that EU passport
@@elaineburruss7133 What we are thinking - Portugal, residency and citizenship later, plus Malaysia 3 months per year. Best of both worlds.
@@elaineburruss7133 Come to France.
Thanks for the info. I think you said the process takes 4-6 months- would one have to stay in Slovenia the whole time of that process?
No, you don’t need to spend this entire time in the country while waiting to be approved.
However, once you get approved you should spend 6 months per year in Slovenia (or Schengen zone)
@@OffshoreCitizen If I get approved and live in Spain, is that ok?
@@molinaridiego All ppL that were part of a colonized country of Spain after 2 years FTthey can apply for permanent residency in Spain etc etc(2 years of residence for Spanish nationality for nationals from Ibero-American countries, Andorra, the Philippines, Equatorial Guinea, Portugal, or persons of Sephardic origin=What are the requirements for Spanish nationality by residency?
As a general rule, to apply for Spanish nationality by residence, you need to prove you have lived legally and continuously in Spain for 10 years prior to your application. Note that time spent as a student does not count as part of the 10 years. The 10-year requirement is reduced in some cases)
Why can't you just become a resident by buying property for yourself
Different countries have different rules most don't allow you to become resident by buying property.
Yes, you can buy real estate all by yourself.But don't forget all the taxes you are becoming bound by.
Where's the link to taxes there?
It was added in cards during the video. Basically if you make less than 100k/year you pay very little tax.
You are too fast speaking..bit slow..will be more audible and understandable..pl
You have the ability to slow the video within TH-cam.
The job is to sell not inform.
So while you need spend limited funds on your self. Yet to gain citizenship you must buy a house for someone else while you need a house for yourself. LoL
You will only get a residency visa, many years off becoming a citizen
Too complicated ...vague...10 years to get passport? Lol
And only if your language skills are near on perfect 😂
@@hectorskmetija3015 This is true. Speak perfect Slovenian or else after 10 years of paying their high taxes, you get nothing but robbed?