Bosnia will expel more than 300 foreigners, most from the Gulf, as illegal residents after they bought property for investment that they may have evaded taxes on, the office for expatriate affairs said on Wednesday.
In recent years, Bosnia has seen an influx of Arab investors who have built residential complexes and tourist resorts, attracted by low prices and a favorable climate in a country where half the population is Muslim.
Over the past three months officials inspected nearly 700 firms and 16 tourist resorts owned by citizens from the Gulf, Libya, Russia and Ukraine.
About 500 of the firms, between them owning …read more
Source: Voice of America
