Live and Invest in Croatia


Top Choice on the Med

CroatiaVillageCroatia 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.

Photo Gallery

(Click on the pictures to enlarge)



Croatia at a Glance

Population4.5 million (July 2007)
Gross Domestic Product (GDP)$69.44 billion (2007)
GDP Per Capita$15,500 (2007)
Inflation Rate2.2% (2007)
CurrencyKuna (HRK)
Exchange Rate Versus U.S. Dollar5.37 kunas = 1 U.S. dollar (March 2008)
Population of Capital City800,000 (2007)
Time ZoneGMT plus 1
SeasonsContinental: warm summers, cold winters
Mediterranean: hot, dry summers and cool, wet winters
International Dialing Code385
Electricity230V / 60 Hz; Plug Type: C, F
Parliamentry Republic
Name and Party Affiliation
of Current Leader
Stjepan Mesic, Croatian People’s Party
Income Tax Rate for Residents15% to 45%
Property Tax0%
Capital Gains Tax0% to 25%
Inheritance Tax0% for first line of succession; 5%
Rental Income Tax15% (for non-residents)
Transfer Tax5%
Sales Tax22%
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
Rooseveltov trg 2
10000 Zagreb
Phone: +385.(0)1.4561.555
American Chamber of
Kršnjavoga 1
10000 Zagreb
Phone: +385.1.4836.777
Primary ExportsTransport equipment, textiles, chemicals, foodstuffs, fuels
Residency and Visa RequirementsTourist 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 RetireesTax-free incomes on: overseas pension; interest payments on loans, investments, securities, deposits; capital gains from security trading and real estate
National AirlineCroatia Airlines
Preferred Contact



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