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No More Reciprocity for Purchase of Immovable Property in Slovenia, Government Suggests

Ljubljana, 22 March - After Slovenia has joined the EU, the principle of reciprocity will no longer apply to citizens and legal entitles from EU member states when buying real estate in Slovenia. To this effect, Article 68 of the Slovene Constitution will have to be (again) changed as part of the planned changes to the Constitution by the end of 2002. This position paper was submitted to the parliamentary comittee for foreign affairs for approval by the government in a bid to close, in talks with the EU within a week, the chapter on the free movement of capital, one of the politically most sensitive chapters of the acquis, which also includes immovable property.

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