The Best Places To Retire In 2025

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      Croatia Facts And Figures

      Facts About Croatia

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          Historic waterfront and colorful harbor view, archipelago of Istria, facts about Croatia
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          Facts About Croatia

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          Reviewed By Kathleen Peddicord

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            Information Type Croatia Data
            Population 3.9 million (Sept. 2024 est.)
            Gross Domestic Product (GDP) $88.8 billion (2024)
            GDP Per Capita $22,966 (2024 est.)
            Inflation Rate 1.8% (2024)
            Currency Euro (EUR)
            Exchange Rate Versus U.S. Dollar 0.89 euros = 1 U.S. dollar (Sept. 2024)
            Language Croatian
            Capital Zagreb
            Population of Capital City 684,000 (2024)
            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
            Government Parliamentry Republic
            Name and Party Affiliation
            of Current Leader            		 Zoran Milanović (Since 2020), Social Democratic Party
            Income Tax Rate for Residents 12% to 40%, depending in Gross Income
            Property Tax 0%, Acquisition of a Building is subject to a rate of 5%
            Capital Gains Tax 25% to 40%
            Inheritance Tax 0% for first line of succession; 5% for Inherited or donated property.
            Rental Income Tax 15% (for non-residents)
            Transfer Tax 5%
            Sales Tax 23%
            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 Rooseveltov trg 2
            10000 Zagreb
            Phone: +385.(0)1.4561.555
            American Chamber of Commerce 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 holdingCitizenship: 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
            Kathleen

            Reviewed By Kathleen Peddicord

            Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

            Where To Retire At Any Age - And Guarentee Yourself A Richer Liefstyle
            Cover for Kathleen Peddicord's book At Home Abroad
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              Croatia Facts And Figures- FAQs

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              Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

              Portugal is known for Fado music and also for being the largest cork producer in the world.

              Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

              Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

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