UDC 347.235:061.1
Biblid: 1451-3188, 10 (2011)
Vol. 11, No 37-38, pp. 57-66

Оriginal article
Received: 01 Jan 1970
Accepted: 01 Jan 1970


Dimitrijević Duško (Институт за међународну политику и привреду, Београд),

Free movement of capital is one of the fundamental freedoms affirmed in the EU Treaties ensuring business continuity and foreign investments.It does not onlymean simple liberalisation of commodity and capital flows, but it involves much broader freedoms and rights including trade in capital services, securities trading, but also free trade in real estate in the areas of different European Union member countries. During the process of accession of the Czech Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Slovenia, Slovakia, Romania and Bulgaria to this organisation the elimination of all internal legislative and administrative barriers to real estate buying and selling was provided for in the transitional period.Aspecial emphasisin the accession documents was put on free trade in agricultural and forest landsthat for the most part had been owned by the state in the transition period. The specification of the conditionsin the accession documents mentioned above enables harmonisation of legislations of states with EU acquis communautaire, thus contributing to the further development of connections among them and thus, their more rapid integration in the Union internal market.

Keywords: Free movement of capital, transfer of real estate, acquis communautaire