The proposed changes remove administrative obstacles and shorten the procedure, Foreign Minister Kolinda Grabar Kitarovic said.
Under the existing law, the Foreign Ministry receives requests by foreign nationals for the purchase of real estate and forwards them to the Justice Ministry, which in turn informs the Foreign Ministry of its opinion.
Croatia has never discriminated against citizens of any country and has always acted in line with the principle of reciprocity in issues relating to the acquisition of real estate, Grabar Kitarovic said.
There are currently around 4,000 outstanding requests for the purchase of real estate by foreign nationals, the minister said.
The proposed bill also enables local government units to sell their real estate without a public tender if this is in the general economic and social interest of the public.