Mortgages in Slovakia for non-residents and EU/OECD citizens

In Slovakia, unlike many other countries, non-residents can purchase real estate and land for development by either paying in full or securing a mortgage from a Slovak bank. It is indeed possible for foreigners to obtain a mortgage in Slovakia, though there are a few unique aspects to consider. The primary challenge for non-residents lies in the lack of a residence permit and economic activity within the country, which limits the amount of available information banks can access about you. However, this does not make getting a mortgage impossible; it may simply mean the loan amount will likely be lower than that offered to residents. Slovak banks offer mortgages to residents, EU citizens, and citizens of OECD countries. For some nationalities, however, obtaining a mortgage may not be feasible. Togetthere Estate consultants can assist you in navigating the Slovak mortgage landscape and assessing your eligibility. They can request a preliminary decision from the bank on the possible mortgage amount, help select suitable properties, prepare the necessary documentation, and handle negotiations with banks. Togetthere Estate ensures the security and transparency of the entire transaction process.