Bosnia and Herzegovina Introduces VAT Refund for New Residential Property Purchases

• Bosnia and Herzegovina will grant a VAT refund on the first supply of new residential property
• This refund will apply to both domestic and foreign investors
• The goal is to stimulate investment in the real estate sector
• The refund will be available for a limited time period
• This measure is expected to boost the construction industry and create new jobs.

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---