Arabs Buying Land in Herzegovina and Investing Money in Organic Foods

herzegovinaArabs have hired several real estate agencies in Sarajevo, wanting to buy a minimum of 50 hectares of land in Herzegovina.

The agencies have hired intermediaries for this job, seeking for potential sellers of land.

The initial offer for a square meter of land is 1 BAM, which is considered a miserable price.

As a reminder, the Arabs have in recent years bought many properties in and around Sarajevo, and they are incresingly interested in buying in B&H.

According to the Ministry of Security, 232 companies owned by the citizens of Kuwait have been registered in B&H. Many of these are not active, and were suspected to serve as a cover for obtaining residence and buying properties.

This Ministry also states that several thousand people from the Arab world reside in Bosnia and Herzegovina.

(Source: seebiz.net)

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