Live and Invest Overseas
HOT OPPORTUNITIES
Argentina  ♦  Belize  ♦  Brazil  ♦   China  ♦   Croatia  ♦  Dominican Republic  ♦  Ecuador  ♦   France   
Malaysia  ♦  Mexico  ♦  New Zealand  ♦  Nicaragua  ♦  Panama  ♦  Portugal  ♦  Romania  ♦  Uruguay 
Croatia
Top Choice on the Med

Croatia is our top pick for Continental living. The country boasts a long and colorful history (the Istrian peninsula, for example, was part of nine different soversign nations in the last 100 years alone), oodles of Old World charm, plus centuries-old white-stone villages up and down the mountainsides overlooking deep valleys of olive trees and grape vines.

Plus, get this: Croatia has more than 6,000 kilometers of coast and enjoys more than 2,600 hours of sunshine every year.

Prices, especially along the long coastlines, have risen steaily for the past decade. Still, you can get a better Mediterrean buy for your money here than in Italy or France...and Istria (our favorite part of the country) offers the best of Tuscany without the tourist hoards.

Critically, unlike Spain, for example, whose Costa del Sol is one of the most unappealing stretches of coastline anywhere in the world, Croatia has put in place strict standards for the development of its coast.

Walled Dubrovnik is one of the most romantic, beautiful, and historic cities on earth.

Boaters, take note: Croatia can be the best mooring option in Europe. The country charges neither import duty nor VAT for registered boats.

Croatia at a Glance

Population  4.5 million (July 2007)
Gross Domestic Product (GDP)  $69.44 billion (2007)
GDP Per Capita  $15,500 (2007)
Inflation Rate  2.2% (2007)
Currency  Kuna (HRK)
Exchange Rate Versus U.S. Dollar   5.37 kunas = 1 U.S. dollar (March 2008)
Language  Croatian
Capital  Zagreb
Population of Capital City  800,000 (2007)
Time Zone  GMT plus 1
Seasons  Continental: warm summers, cold winters
 Mediterranean: hot, dry summers and cool, wet winters
International Dialing Code  385
Electricity  230V / 60 Hz; Plug Type: C, F
System of Government  Parliamentry Republic
Name and Party Affiliation
of Current Leader		  Stjepan Mesic 
 Croatian People's Party
Income Tax Rate for Residents  15% to 45%
Property Tax  0%
Capital Gains Tax  0% to 25%
Inheritance Tax  0% for first line of succession; 5%
Rental Income Tax  15% (for non-residents)
Transfer Tax  5%
Sales Tax  22%
Restrictions on Foreign
Ownership of Property 		 Foreigners from a country with a reciprocity
 agreement with Croatia can hold property
 in their own name; otherwise, use a Croatian 
 corporation
Local Chamber of Commerce
www2.hgk.hr/en/
Rooseveltov trg 2
10000 Zagreb
Phone: +385.(0)1.4561.555
American Chamber of Commerce
www.amcham.hr
Kršnjavoga 1
10000 Zagreb
Phone: +385.1.4836.777
Primary Exports  transport equipment, textiles, chemicals,
 foodstuffs, fuels
Residency and Visa Requirements   Tourist Visa: automatic 90 days upon entry
 Residency: employment and business visas; permanent 
 residency established after 5 years of Temporary
 Residence Permit holding 
 Citizenship: with renouncement of foreign citizenship,
 Croatia as your registered place of permanent residence
 for a continual 5 years, and proficiency of Croatian
 language and Latin script
Special Benefits for Foreign 
Residents or Retirees		  Tax-free incomes on: overseas pension; interest
 payments on loans, investments, securities, deposits;  
 capital gains from security trading and real estate 
National Airline  Croatia Airlines
 www.croatiaairlines.com
Preferred Contact 

Map of Croatia

 Home ♦  SUBSCRIBE  ♦  Whitelist Us  ♦  Privacy ♦  Media ♦  Search  ♦  Site Map  ♦  Advertise