Croatia: back on track

Croatia: back on track.

With an extension of 56 thousand km², overlooking the Adriatic, Croatia is one of the most exclusive destinations in vogue in 2018. Not only for tourism: in fact, many foreigners have decided to move or buy a second home in the nation with capital Zagreb. The first country in the Balkans to enter the EU (in 2013) brings with it a history that is not simple, with the continuous domination by peoples who have left their mark. Since 1991 it has been an independent nation, having been part of the former Yugoslavia for over 70 years. Today it is a semi-presidential parliamentary republic.

Leaving aside the historical part, we must pay attention to why, today, it has re-emerged from all fronts, to the point that investors can find and buy a second home in Croatia. The current legislation provides for tax incentives and other types of incentives for investors based on the Investment Incentives Act (GU n. 102/2015), the law on amendments and additions to the law on investment incentives (OJ n. 25/2018 ) and of the Law on strategic investment projects (GU n. 29/2018).

Investor assistance is provided by the "HAMAG BICRO" agency for small and medium-sized enterprises and AIK - Investment and Competitiveness Agency. Foreign direct investments have grown by 7.5% compared to 2017, for a total of 1.8 billion euros. Between 1993 and last year the total amount of FDI was 32.6 billion euros, of which 2.4 billion euros refer to round-trip investments.

The main investor is the Netherlands with a total of 6.7 billion euros invested since 1993; in second place is Austria (4 billion), then Italy (3.4 billion), Germany (3 billion), Luxembourg and finally Hungary with around 2.8 billion.



The current government, in office since June 2017, has among its priorities the economic revival, fiscal consolidation, privatization and the start-up of large and numerous energy, green and infrastructural projects. Here are the two places of greatest interest ( and beauty) to buy real estate in Croatia: Zagreb is not only the capital and the largest city in Croatia but also its center for business, higher education, culture, art and leisure. Modern urban center with a rich historical heritage, attracts the interest of many expats every year.

Thanks to its climate and pleasant living environment, Zagreb could be the ideal destination for your expatriation. House prices fluctuate between 160,000 and 200,000 euros for a house in the center. Istria and its lighthouses are ideal for those who want to fully immerse themselves in the Croatian culture ‘’ sea view ’. Prices to stay in a lighthouse start from 80 euros per night, for the purchase instead of an apartment in the area of Istria, on the coast, you can visit this part of the site: Realigro Croatia.

The monthly cost for having a high standard of living in Croatia is between 400 and 700 euros. Everything is obviously based on the location and type of accommodation that you prefer.

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